Category Archives: News Release

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ETC Announces Resignation of Chief Financial Officer

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SOUTHAMPTON, Pa., May 05, 2023 (GLOBE NEWSWIRE) — Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today announced that Joseph F. Verbitski, Jr. has decided to leave his position as Chief Financial Officer, effective May 12, 2023, to pursue an … Continue reading

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ETC’s Aircrew Training Systems Unit Awarded $85 Million Contract

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SOUTHAMPTON, PA, USA, February 6, 2023 – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) announced that its Aircrew Training Systems business unit (“ATS”) was awarded an $85 million contract for the delivery of an Aeromedical Center including … Continue reading

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ETC Announces Fiscal 2023 Third Quarter Results and Board of Director Appointment

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SOUTHAMPTON, PA, USA, January 9, 2023 – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the thirteen week period ended November 25, 2022 (the “2023 third quarter”) and the thirty-nine week period … Continue reading

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ETC Announces Fiscal 2023 Second Quarter Results

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SOUTHAMPTON, PA, USA, October 10, 2022 – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the thirteen week   Robert L. Laurent, Jr., ETC’s Chief Executive Officer and President stated, “We are … Continue reading

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ETC Awarded $8.3 Million Contract for its Sterilization Systems Group

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SOUTHAMPTON, Pa., Aug. 03, 2022 (GLOBE NEWSWIRE) — Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) Sterilization Systems Group announced it has been awarded an $8.3 million contract from an international customer. The contract includes three, fourteen pallet … Continue reading

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ETC Announces Fiscal 2023 First Quarter Results

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SOUTHAMPTON, PA, USA, July 8, 2022 – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the thirteen week period ended May 27, 2022 (the “2023 first quarter”).   Robert L. Laurent, Jr., … Continue reading

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ETC Announces Notice of Annual Meeting of Shareholders

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SOUTHAMPTON, PA, USA, June 30, 2022 – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today announces that the Annual Meeting of Shareholders (“Annual Meeting”) will be held virtually via Zoom on Thursday, August 4, 2022 at 10:00 … Continue reading

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ETC Announces Completion Of Sale-Leaseback Transaction Generating $4.7 Million In Net Proceeds

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Southampton, Pa., USA, June 20, 2022 – Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) today announced that on June 15, 2022, the Company closed a transaction to sell and lease back our property located in Southampton, Pennsylvania. … Continue reading

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ETC Announces Fiscal 2022 Full Year and Fourth Quarter Results

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SOUTHAMPTON, PA, USA, June 8, 2022 – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the fifty-two week period ended February 25, 2022 (“fiscal 2022”) and the thirteen week period ended February … Continue reading

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ETC Announces Appointment of Joseph F. Verbitski, Jr. as Chief Financial Officer

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SOUTHAMPTON, Pa., USA, February 24, 2022 — Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today announces the appointment of Joseph F. Verbitski, Jr. as the Company’s Chief Financial Officer and Treasurer, effective today.   Mr. Verbitski, age … Continue reading

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ETC Announces Resignation of Chief Financial Officer

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Southampton, Pa., USA, January 21, 2022 – Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) today announced that Mark Prudenti has decided to leave his position as Chief Financial Officer to pursue an opportunity outside the company. ETC’s … Continue reading

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ETC Announces Fiscal 2022 Third Quarter Results

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SOUTHAMPTON, PA, USA, January 6, 2022 – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the thirteen week period ended November 26, 2021 (the “2022 third quarter”) and the thirty-nine week period … Continue reading

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ETC Awarded $1.8 Million Contract for its Sterilization Systems Group

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  Southampton, Pa., USA, November 30, 2021 – Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) Sterilization Systems Group announced it has been awarded a $1.8 million contract from an international customer. The contract includes one, twelve pallet … Continue reading

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ETC Awarded Contract from the University of North Dakota’s John D. Odegard School of Aerospace Sciences

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  Southampton, Pa., USA, November 17, 2021 – Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) Aircrew Training Systems (“ATS”) unit, announced it was awarded a contract from the University of North Dakota’s John D. Odegard School of … Continue reading

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ETC Awarded $2.6 Million Contract for its Environmental Testing and Simulation Unit

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  SOUTHAMPTON, PA, USA, November 12, 2021 – Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) Environmental Testing and Simulation Unit has been awarded a $2.6 million project to provide climatic test equipment for a major, multinational truck … Continue reading

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ETC Announces Notice of Annual Meeting of Shareholders

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SOUTHAMPTON, PA, USA, November 9, 2021 – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today announces that the Annual Meeting of Shareholders (“Annual Meeting”) will be held virtually via Zoom on Thursday, November 18, 2021 at 10:00 … Continue reading

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ETC Announces Fiscal 2022 Second Quarter Results

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SOUTHAMPTON, PA, USA, October 8, 2021 – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the thirteen week period ended August 27, 2021 (the “2022 second quarter”) and the twenty-six week period … Continue reading

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ETC Announces Fiscal 2022 First Quarter Results

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SOUTHAMPTON, PA, USA, September 3, 2021 – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the thirteen week period ended May 28, 2021 (the “2022 first quarter”). Robert L. Laurent, Jr., ETC’s … Continue reading

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ETC Announces Fiscal 2021 Full Year and Fourth Quarter Results

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SOUTHAMPTON, PA, USA, September 1, 2021 – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the fifty-two week period ended February 26, 2021 (“fiscal 2021”) and the thirteen week period ended February … Continue reading

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ETC Announces Results of the Annual Meeting of Shareholders’ Vote

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SOUTHAMPTON, Pa., March 12, 2021 – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) announced today the results of shareholder voting from its Annual Meeting of Shareholders.   ETC’s Annual Meeting of Shareholders was held virtually on Wednesday, … Continue reading

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ETC Simulation Awarded Multiple Contracts for their Advanced Disaster Management Simulator (ADMS™) Totaling $2.8 Million

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SOUTHAMPTON, PA, USA, March 8, 2021 – Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) Simulation business unit, located in Orlando, FL, announced today the award of multiple contracts totaling $2.8 Million for customers in the United States, … Continue reading

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ETC Sterilizers Awarded Multiple Contracts for EO Vacuum Chambers and Control Upgrades Totaling $3.1 Million

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SOUTHAMPTON, PA, USA, March 8, 2021 – Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) Sterilization Systems Group announced it has been awarded multiple contracts from domestic customers since February 1, 2021, totaling $3.1 million. The contracts include … Continue reading

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ETC Announces Notice of Annual Meeting of Shareholders

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SOUTHAMPTON, Pa., Feb. 05, 2021 (GLOBE NEWSWIRE) — Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today announces that the Annual Meeting of the Shareholders (“Annual Meeting”) will be held live via the Internet on March 10, 2021 … Continue reading

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ETC Announces Fiscal 2021 Third Quarter Results

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SOUTHAMPTON, PA, USA, January 28, 2021 – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the thirteen week period ended November 27, 2020 (the “2021 third quarter”) and the thirty-nine week period … Continue reading

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ETC Announces Fiscal 2021 Second Quarter Results

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SOUTHAMPTON, PA, USA, January 26, 2021 – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the thirteen week period ended August 28, 2020 (the “2021 second quarter”) and the twenty-six week period … Continue reading

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ETC Announces Fiscal 2021 First Quarter Results

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SOUTHAMPTON, PA, USA, January 21, 2021 – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the thirteen week period ended May 29, 2020 (the “2021 first quarter”).   Robert L. Laurent, Jr., … Continue reading

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ETC Announces Fiscal 2020 Full Year and Fourth Quarter Results

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SOUTHAMPTON, PA, USA, January 8, 2021 – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the fifty-three week period ended February 28, 2020 (“fiscal 2020”) and the thirteen week period ended February … Continue reading

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ETC Announces the Final Acceptance by the U.S. Air Force of a Suite of Four Research Altitude Chambers

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SOUTHAMPTON, Pa., Sept. 16, 2020 — Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC”) announces the final acceptance by the U.S. Air Force of a suite of four Research Altitude Chambers delivered to the 711th Human Performance Wing at Wright-Patterson Air … Continue reading

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ETC Announces Fiscal 2020 Third Quarter Results

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SOUTHAMPTON, PA, USA, January 24, 2020 – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the thirteen week period ended November 29, 2019 (the “2020 third quarter”) and the forty week period … Continue reading

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ETC Announces Fiscal 2020 Second Quarter Results

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Financial Statement Highlights from the Fiscal 2020 Second Quarter: Net sales increased 17.2% to $12.0 million Diluted earnings per share of $0.02   SOUTHAMPTON, PA, USA, October 7, 2019 – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) … Continue reading

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ETC Announces Fiscal 2020 First Quarter Results

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SOUTHAMPTON, PA, USA, August 16, 2019 – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the fourteen week period ended May 31, 2019 (the “2020 first quarter”).   Fiscal 2020 First Quarter … Continue reading

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ETC Announces Fiscal 2019 Full Year and Fourth Quarter Results and Notice of Annual Meeting of Shareholders

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Financial Statement Highlights from Fiscal 2019: Operating income of $5.3 million, a $2.2 million, or 72.8%, increase over prior year Operating margin of 11.0% compared to 6.4% in the prior year Diluted earnings per share of $0.17, an increase of … Continue reading

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Environmental Tectonics Corporation Celebrates 50 Years

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SOUTHAMPTON, Pa., March 25, 2019 (GLOBE NEWSWIRE) — Since 1969, Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) has provided its customers with innovative products, service, and support within diverse markets including Aerospace and Defense, Advanced Disaster Management … Continue reading

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ETC Announces Fiscal 2019 Third Quarter Results

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Financial Statement Highlights from the Fiscal 2019 Third Quarter: Net sales of $11.9 million Operating margins increased 32.5% Net income attributable to ETC increased 44.5% to $0.9 million SOUTHAMPTON, PA, USA, January 7, 2019 – Environmental Tectonics Corporation (OTC Pink: … Continue reading

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ETC Names a New Board Director

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SOUTHAMPTON, PA, USA, October 26, 2018 – H.F. “Gerry” Lenfest, a director of Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) since 2003, passed away on August 5, 2018. Gerry’s guidance and support helped ETC become a world … Continue reading

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ETC Announces Fiscal 2019 Second Quarter Results

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Financial Statement Highlights from the Fiscal 2019 Second Quarter: Net sales of $10.3 million Net income attributable to ETC increased 7.7% to $0.4 million   SOUTHAMPTON, PA, USA, October 8, 2018 – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or … Continue reading

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ETC Announces Results of the 2018 Annual Meeting of Shareholders’ Vote

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SOUTHAMPTON, PA, USA, July 24, 2018 – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) announced today the results of shareholder voting from its 2018 Annual Meeting.   ETC’s Annual Meeting of Shareholders was held on Tuesday, July … Continue reading

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ETC Announces Fiscal 2019 First Quarter Results

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Financial Statement Highlights from Fiscal 2018: Gross profit increased 8.2% to $3.9 million Operating profit increased 209.5% to $1.0 million Net income attributable to ETC increased 417.4% to $0.6 million   SOUTHAMPTON, PA, USA, July 23, 2018 – Environmental Tectonics … Continue reading

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ETC Receives the Aerospace Medical Association’s First Annual David M. Clark Award

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  SOUTHAMPTON, PA, USA, July 11, 2018 – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) was honored to receive the inaugural David M. Clark Award during the Aerospace Medical Association (“AsMA”) Honors Night Ceremony, held on May … Continue reading

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ETC Simulation Contracted to Deliver Advanced Disaster Management Simulator to Northern College in Ontario, Canada

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  Southampton, Pa., USA, June 28, 2018 – Environmental Tectonics Corporation’s (“ETC” or the “Company”) Simulation business unit, located in Orlando, FL, has been contracted to deliver an Advanced Disaster Management Simulator (ADMS(TM)) system to Northern College of Applied Arts … Continue reading

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