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SOUTHAMPTON, Pa., October 12, 2004 -- Environmental Tectonics Corporation's (Amex: ETC) ("ETC" or the "Company") Sterilization Division announced today it has been awarded a major contract for Arizona State University to supply three specially constructed cage & rack steam autoclaves, as part of a new facility project.
ETC's ability to provide the largest capacity equipment specifically designed to fit within the limited space available gave them a clear advantage over many other autoclave manufacturers. ETC worked in close cooperation with Sundt / DPR, the construction manager and the architect and engineering company, in custom designing the most optimal sized unit before being selected for the job. Mark Compo, Director of Sterilizer Sales, commented, "Having been awarded this bid reflects highly on ETC's competence in delivering the unconventional standard to the industry. This project exemplifies our versatility in which we provide tremendous value to our clients through our open-minded approach. Our technical staff is always looking at ways to solve critical space constraints increasingly common to today's life sciences, pharmaceutical, and medical device facilities. This contract is a testament to ETC's design and manufacturing flexibility for which we are clearly recognized as the industry leader". ETC designs, develops, installs and maintains aircrew training systems, public entertainment systems, process simulation systems (sterilization and environmental), clinical hyperbaric systems, environmental testing and simulation systems, steam and ethylene oxide gas sterilization systems, environmental testing and simulation systems, and related products for domestic and international customers. This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934. We have based these forward-looking statements on our current expectations and projections about future events. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about the Company that may cause our actual results, levels of activity, performance or achievements to be materially different from any other future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may", "will", "should", "could", "would", "expect", "plan", "anticipate", "believe", "estimate", "continue", or the negative of such terms or similar expressions. Factors that might cause or contribute to such a discrepancy include, but are not limited to, contract cancellations, failure to obtain new contracts, political unrest in customer countries, unfavorable results in litigation, general economic conditions, and those issues identified from time to time in our Securities and Exchange Commission filings and other public documents, including, without limitation, our Annual Report on Form 10-K for the fiscal year ended February 27, 2004. |
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