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| ETC Announces Cooperative Agreement with Med One Capital |
| Southampton, PA: December 17, 2007 - Environmental Tectonics Corporation (AMEX:ETC) ("ETC" or the "Company") today announced that the Biomedical System Division had entered into a cooperative venture with Med One Capital to sponsor ETC Biomedical Systems Financial services. With this undertaking we can offer our Hyperbaric Oxygen Therapy (HBOT) customers innovative short term solutions to starting up or expanding their HBOT programs.
ETC Biomedical Systems Financial Services offers twelve (12) and thirty-six (36) month rentals and five (5) year fair market value and $1 buyout leases to accommodate a variety of capital and operating expense situations. We can also custom design a program to fit specific customer needs. Our terms are straightforward and uncomplicated and require minimal paperwork. ETC has been developing and producing hyperbaric chambers for over 35 years. In addition to their regular use in clinical treatments at medical facilities around the globe, the BARA-MED® XD hyperbaric are routinely involved in the field of research, giving way to possible new HBO frontiers. ETC's Biomedical Systems division produces the BARA-MED® and BARA-MED® XD Hyperbaric Chambers, the industry's most technologically advanced chambers. The BARA-MED® family of chambers features a fourth generation Windows®-based computer control software and SMOOTH·RIDE™ compression/decompression protocol, both are of special importance for patient comfort and safety as well as facility efficiency. Gene Davis, President of ETC's BioMedical Division, commented "Our sales team is excited to offer this ground-breaking financial program to our potential and existing customers. This is yet another milestone in the advancement of our Hyperbaric Chambers into an already competitive market." | |
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Visit www.etchyperbaricchambers.com to learn more. |
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