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Southampton, PA: October 29, 2004-Environmental Tectonics Corporation ("ETC" or the "Company") (AMEX:ETC) today announced that its subsidiary, Entertainment Technology Corporation ("EnTCo") has established a Space Adventure Entertainment Product line.
Historically, space travel and the experience of being in space have been restricted to a select few. However, this paradigm is rapidly changing. Today, the space experience is available to all people who want to participate in the ultimate adventure. EnTCo 's new Space Adventure Entertainment Product line includes authentic, performance scaled options for space training, space experience, and ultimately space travel. Estimates indicate that a significant number of people have high interest in space, but that not all of these people may be ready for space travel. To serve this market, EnTCo is now offering a product line to allow people to "earn their astronaut wings" without the rigors, risks, and expense of actual space travel. EnTCo's product line allows clients to experience real training scenarios and many of the rigors of space travel including re-entry G exposure, the effects of reduced atmospheric pressure, escape from a malfunctioning space vehicle, weightlessness, and reentry vehicle recovery. Additionally, patrons will be able to experience the takeoff and flight of a space vehicle to sub orbital flight and back in EnTCo's space mission simulator. Commercial space travel is now a reality as evidenced by the recent success by Mr. Burt Rutan. SpaceShipOne successfully completed two sub orbital flights in less than two weeks, an accomplishment that won the Ansari X-Prize. Virgin Galactic is booking flights now and expects to service more than 3,000 space travelers within the next five years. Accordingly, those clients who want to extend their space experience to space tourism can be trained for actual space travel using ETC's Space Training product line. These products include the:
The EnTCo Entertainment and ETC Space Training products and services are showcased at www.ETCSPACE.com. 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, 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 filing 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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