Southampton, PA: August 27, 2007 -
Southampton, PA, August 27, 2007 - Environmental Tectonics Corporation (AMEX: ETC) ("ETC" or the "Company") today announced the award of a U. S. Air Force research contract to develop an F-35 (Joint Strike Fighter) Tactical Aircraft Configuration Module (TACModule) to support tactical training research and development in ETC's Authentic Tactical Fighting System - 400 (ATFS-400) high performance human centrifuge.
The sole source contract, with a total value of approximately $1.0 million, will fund a 12-month program to develop a TACModule in the F-35 configuration. This TACModule is planned to be used in the ATFS-400, located at ETC's National AeroSpace Training and Research (NASTARSM) Center, to support follow-on research and development as a tactical training simulator, subject to available out-year funding. This research will be conducted in cooperation with the Air Force Research Laboratory, Human Effectiveness Directorate.
The ATFS-400 is the latest generation of ETC Tactical Flight Simulators and is currently operational at ETC's NASTAR Center. Using a high performance human centrifuge as a motion platform, it combines the latest available flight simulation technology to optimize flight fidelity including sustained G cues. This technology includes high fidelity aircraft specific cockpits; offensive and defensive mission systems; realistic, wide field of view visual displays; and virtual battle space, with realism that is rivaled only by actually flying the aircraft.
The TACModule is a full-featured high-fidelity flight simulator, which includes a customized visual database and an aircraft-specific aeromodel. Authentic flight controls, cockpit indicators, aircrew seat and harness, and a state-of -the-art visual display place the pilot in a highly realistic environment. Multiple TACModules can be data linked for multi-ship operations in the same virtual battlespace to support Distributed Mission Training.
When training in the ATFS-400 with an aircraft specific TACModule installed, pilots can practice and refine critical combat skills in a safe, controlled, economical, and realistic environment. The savings from this type of training are dramatically reduced training costs, extended combat aircraft service life, and reduced jet fuel use.
Mr. Richard Leland, President of NASTAR Center, said, "ETC is excited to be working with the USAF on this important project. Since the F-35 is currently under development, we hope we can help support investigation of human interface issues under high G."
ETC will perform the research and development at the NASTAR Center located in Southampton, Pennsylvania. NASTAR Center is a full service facility that offers a complete range of aviation and space training and research support services.
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FOR MORE INFORMATION ON ETC CONTACT: Duane D. Deaner, CFO of Environmental Tectonics Tel: 215-355-9100, ext.1203 Fax: 215-357-4000. |
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Visit www.nastarcenter.com to learn more. |
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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 filings and other public documents, including, without limitation, our Annual Report on Form 10-K for the fiscal year ended February 24, 2006.
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