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ETC Awarded Contract to Develop ADMS Simulators for Rosenbauer International
Southampton, PA, January 13, 2009- Environmental Tectonics Corporation´s (AMEX:ETC) ("ETC" or the "Company") Simulation Division today announced the signing of a contract with Rosenbauer International A.G. to create training simulators to help airport firefighters to develop skills in using Rosenbauer´s vehicle-mounted High Reach Extendable Turrets, or HRETs. Rosenbauer is world´s largest exporter of fire-fighting vehicles and world´s largest provider of specialty vehicles for airports and industry. HRETs are used to fight fires in and outside aircraft. The Rosenbauer HRET includes a penetrator nozzle mounted on a joystick-controlled hydraulic boom arm. The penetrator nozzle is used to create a hole in an aircraft fuselage to apply agent directly to interior fires. ETC will develop and deliver desktop HRET training simulators - called HRET-SIM - for Rosenbauer. The HRET-SIM will allow fire fighters to train on scenarios that cannot be realistically or economically replicated in conventional training, and because it´s simulation, they can train any time and without wear and tear on equipment. The HRET-SIM will be built upon the proven ADMS (Advanced Disaster Management Simulator) platform and consist of a computer and turret console with an actual Rosenbauer HRET joystick. Several training scenarios will be included to train fuselage penetration and fire fighting. One of the scenarios to be delivered will involve the new Airbus A380: an aircraft that, because of its large 2-deck design and passenger load, poses challenges to emergency responders. The HRET-SIM will include an after-action review tool, which can replay an exercise from any viewable angle for optimal debriefing ETC´s Simulation Division President, Marco van Wijngaarden remarked, "We are proud to work with Rosenbauer. The HRET-SIM will be developed in close cooperation between both companies. We are confident that this new simulator will offer essential and valuable training for the fire fighters in the so-called ´hot seat,´ who have to operate the HRET under stressful conditions. We are looking forward to a long partnership with Rosenbauer, as we have a mutual mission to deliver innovative, high-value solutions to emergency responders." ADMS is an interactive team training simulation platform that offers a proven methodology to provide results-based and cost-effective training. Since 1995, ADMS has been used to train emergency responders around the world to better prepare to respond to and mitigate incidents. It is also used to test and validate emergency response and management plans. ETC designs, develops, installs and maintains aircrew training systems (aeromedical, tactical combat and general), disaster management training systems and services, entertainment products, sterilizers (steam and gas), environmental testing products, hyperbaric chambers and related products for domestic and international customers. This press release includes 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, as amended. These forward-looking statements are based on ETC´s current expectations and projections about future events. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about ETC´s and its subsidiaries that may cause actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. These forward-looking statements include statements with respect to the Company´s vision, mission, strategies, goals, beliefs, plans, objectives, expectations, anticipations, estimates, intentions, financial condition, results of operations, future performance and business of the company, including but not limited to, (i) potential additional funding by Lenfest, (ii) the potential delisting of the Company´s common stock from the American Stock Exchange as a result of the Company´s failure to comply with the AMEX listing standards, (iii) projections of revenues, costs of materials, income or loss, earnings or loss per share, capital expenditures, growth prospects, dividends, capital structure, other financial items and the effects of currency fluctuations, (iv) statements of our plans and objectives of the Company or its management or Board of Directors, including the introduction of new products, or estimates or predictions of actions of customers, suppliers, competitors or regulatory authorities, (v) statements of future economic performance, (vi) statements of assumptions and other statements about the Company or its business, (vii) statements made about the possible outcomes of litigation involving the Company, including our outstanding litigation with Disney; (viii) statements regarding the Company´s ability to obtain financing to support its operations and other expenses, and (ix) statements preceded by, followed by or that include the words, "may," "could," "should," "looking forward," "would," "believe," "expect," "anticipate," "estimate," "intend," "plan," or the negative of such terms or similar expressions. These forward-looking statements involve risks and uncertainties which are subject to change based on various important factors. Some of these risks and uncertainties, in whole or in part, are beyond the Company´s control. Factors that might cause or contribute to such a material difference include, but are not limited to, those discussed in the Company´s Annual Report on Form 10 K for the fiscal year ended February 29, 2008, in the section entitled "Risks Particular to Our Business." Shareholders are urged to review these risks carefully prior to making an investment in the Company´s common stock. The Company cautions that the foregoing list of important factors is not exclusive. Except as required by federal securities law, the Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Company.