ETC’s Sterilization Systems Group Receives Over $2.5 Million in New Contracts
SOUTHAMPTON, PA, USA, May 1, 2014 – Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) announced today the recent awards of several new contracts totaling in excess of $2.5 million for the Sterilization Systems Group (“SSG”). The contracts combined include a control system and software upgrade for an existing customer, a large sectional autoclave for a biomedical research firm, and four Ethylene Oxide sterilizers for medical device sterilization.
The awarded contracts are a result of ETC’s capability to offer flexible and customizable solutions for the lab research, life science, and medical device industries.
David Mitchell, Vice President and Business Unit Manager for ETC’s SSG stated, “These projects validate our approach to delivering unique engineering solutions to an increasingly sophisticated marketplace. Our ability to rapidly design and produce unique sterilization systems, along with the control systems software that accompany these solutions, has led to our continued success as a world-class provider.”
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.