ETC Announces the Appointment of Michael D. Malone, Vice Admiral, U.S. Navy, Retired to its Board of Directors
SOUTHAMPTON, PA, USA, October 22, 2012 – Environmental Tectonics Corporation (OTCQB: ETCC) (“ETC” or the “Company”) today announced the appointment of Michael D. Malone to its Board of Directors. Mr. Malone brings the total of ETC Board members to eight.
Since July, 2011, Admiral Malone has served on the Board of Directors of Intellicheck Mobilisa, Inc., a manufacturer of identification technology used by the military and governments. From November 2004 to February 2011, Admiral Malone was President of Skarven Enterprises, a designer and developer of analytic approaches and technology applications specializing in real time/streaming data fusion and analysis for a variety of applications in government, financial services, auditing and industry competitive intelligence. Since leaving the military, Admiral Malone has also served as a technical advisor and consultant to Pequot Capital, a venture capital firm (in 2006 and 2007) and to the Company (June 2007 to present).
William F. Mitchell, ETC’s Chairman and President, stated, “I am very pleased that Michael has agreed to join our Board of Directors. The Admiral’s experience as a leader in industry and the U.S. military, working with government contracts, and his technical knowledge within the sectors in which the Company does business, will be an asset to ETC.”
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