News Release
Click CTRL + p to print.
| ETC Awarded Contract to Deliver ADMS Advanced Disaster Management Simulator |
| Southampton, PA, December 14, 2009 - Environmental Tectonics Corporation's (OTC Bulletin Board: ETCC) ("ETC" or the "Company") Simulation Division today announced the award of a contract to deliver an ADMS Command full team training system to the Community College of Aurora in Aurora, Colorado. The Community College of Aurora's (CCA) Critical Incident Theater (CIT) will utilize ADMS to train the students who are in one of their first responder programs, such as the Fire Academy, Police Academy or the Emergency Medical Technicians track. Additionally, they will also train working professionals in many different emergency capacities, including first responders, emergency managers, evacuation center managers, and more. Combined, CCA expects to initially train over 1,000 students and professionals annually utilizing ADMS. CCA acquired ADMS because they recognize the need and importance of technology in institutional learning. Clinton Anderson, Critical Incident Theater Director, explained, "The Community College of Aurora strives to be at the cutting edge of learning — keeping students, who are also often working adults, engaged in relevant learning that will allow them to not only succeed in the world but excel at it. We want to provide the best training, to the best people, so that they can provide the best care during the worst of times. ADMS will enable us to be the best by providing us the best training out there, hands down." ADMS, the Advanced Disaster Management Simulator is a Virtual Reality Simulation Training Stage. A unique level of immersion is achieved by ETC's signature technology by blending physics-based simulation, embedded artificial intelligence, accurate animations, photo-realistic graphics, and ambient sounds. ADMS enables first responders and emergency managers to train and rehearse at all levels of response, in a safe, economical and green way. | |||
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; (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. Contact: Duane D. Deaner, CFO Tel: 215-355-9100 (ext.1203) Fax: 215-357-4000 http://www.etcusa.com | |||