For Immediate Release
SOUTHAMPTON, PA, USA, July 14, 2014 - Environmental Tectonics Corporation (OTC Pink: ETCC) ("ETC" or the "Company") announced today the recent award of a new contract totaling in excess of $2.4 million for the Sterilization Systems Group ("SSG"). The contract is for a comprehensive control system hardware and software upgrade for legacy controllers for a large medical device manufacturer.
The project includes upgrading eleven (11) sterilizer control systems with ETC's Pro-GENESIS Advantage(TM) and integrating control and monitoring of 33 individual room controllers into one Supervisory Control and Data Acquisition (SCADA) System. The new control scheme will allow the customer to integrate disparate operations and information into one data warehouse and to consolidate all process information and reporting while meeting new industry standards for control and electronic record-keeping.
David Mitchell, Vice President and Business Unit Manager for ETC's SSG stated, "We are very pleased to have been selected for this project. ETC's investment in advanced control technologies and software is being recognized within the industry. There is a very large installed base of legacy control systems that don't meet the international standards for control and reporting, and ETC is perfectly positioned to help those organizations upgrade their systems in a cost-effective and timely manner. We expect this part of our business to continue to grow well into the future."
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About ETC:
ETC designs, manufactures, and sells software driven products and services used to recreate and monitor the physiological effects of motion on humans, and equipment to control, modify, simulate and measure environmental conditions. Our products include aircrew training systems (aeromedical, tactical combat, and general), disaster management systems, sterilizers (steam and gas), environmental testing products, hyperbaric chambers, and other products that involve similar manufacturing techniques and engineering technologies. ETC's unique ability to offer complete systems, designed and produced to high technical standards, sets it apart from its competition. ETC is headquartered in Southampton, PA. For more information about ETC, visit http://www.etcusa.com/.
Forward-looking Statements:
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.
| Contact: | Mark Prudenti, CFO |
| Phone: | 215-355-9100 x1531 |
| E-mail: | mprudenti@etcusa.com |
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Source: ETC via Globenewswire
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