ETC’s Simulation Division Awarded Contract Receives Contract From Wells Fargo to Supply Emergency Management Training Services With ADMS
Southampton, PA, November 23, 2010 — Environmental Tectonics Corporation’s (OTC Bulletin Board: ETCC) (“ETC” or the “Company”) Simulation Division, located in Orlando, FL, today announced that they have entered into a contract with Wells Fargo Enterprise Incident Management to provide emergency response training utilizing ETC’s Advanced Disaster Management Simulator (ADMS).
The Wells Fargo Incident Management Team (EIMT) consists of a group of experts whose purpose is to guide company emergency managers in the event of an emergency situation. The EIMT focuses on ensuring the safety of company members and customers while protecting the continuity of the business. Uniform procedures have been established within Wells Fargo and each office is trained on the proper response in every possible type disaster or incident. ADMS will be used to enhance their existing training program employing the latest in simulation technology.
Utilizing ADMS, Wells Fargo personnel will have the opportunity to train in a true-to-life, virtual reality environment, gaining experience in incident command, control, coordination and communication. ETC Simulation will provide the necessary equipment, instructional staff and training scenarios consistent with the objectives of Wells Fargo’s current emergency management program. Training will take place at a non-disclosed Wells Fargo location.
“We are looking forward to working with Wells Fargo and playing a part in their training program,” said Marco van Wijngaarden, President of ETC Simulation. “Wells Fargo is a highly respected company who takes their security and emergency preparedness very seriously, and their acknowledgement that ADMS can enhance their current program gives testament to the effectiveness of ADMS at all training levels.”
This news release contains forward-looking statements, which are based on management's expectations and are subject to uncertainties and changes in circumstances. Words and expressions reflecting something other than historical fact are intended to identify forward-looking statements, and these statements may include terminology such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "future", "predict", "potential", "intend", or "continue", and similar expressions. We base our forward-looking statements on our current expectations and projections about future events or future financial performance. Our forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about ETC and its subsidiaries that may cause actual results to be materially different from any future results implied by these forward-looking statements. We caution you not to place undue reliance on these forward-looking statements.