ETC Corporate News Release	Click CTRL + p to print.
ETC Receives Notice of Suspension From NAVY
Southampton, PA: October 8, 2007 - Environmental Tectonics Corporation (AMEX-ETC) ("ETC" or the "Company") today announced that it had received a notice from the Department of the Navy suspending ETC from performing work for the federal government pursuant to the Federal Acquisition Regulations ("FAR"). As a result of the suspension, the name of the Company has been published in the Excluded Parties List System which is a publication of the General Services Administration that sets forth, among other things, the names of contractors suspended by any agency of the federal government. While the suspension is in place, offers will not be solicited from the Company, contracts will not be awarded to the Company, and existing contracts may not be renewed or otherwise extended by the Company unless the head of an agency taking the contracting action states a compelling reason for such renewal or extension. The Company is permitted to continue performing contracts for the federal government that were awarded prior to the suspension. Under the FAR, the Company has 30 days from receipt of the suspension notice to submit information and make arguments in opposition to the suspension. On October 10, 2007, the Company will meet with the Department of the Navy Suspending and Debarring Official to submit information and make arguments in opposition to the suspension. FOR MORE INFORMATION ON ETC CONTACT: Duane D. Deaner, CFO of Environmental Tectonics Tel: 215-355-9100, ext.1203 Fax: 215-357-4000. Visit www.etcusa.com to learn more.
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.