Environmental Tectonics Corporation's BioMedical Systems Division Adds Regional Sales Director
May 20 2009 - 11:59AM
PR Newswire (US)
SOUTHAMPTON, Pa., May 20 /PRNewswire-FirstCall/ -- Environmental
Tectonics Corporation's (NYSE AMEX LLC: ETC) ("ETC" or the
"Company") BioMedical Systems Division recently hired Mr. R. Todd
Giager as Mid-West Sales Director. Mr. Giager's responsibilities
include sales and brand marketing of ETC's BARA-MED(R) XD Monoplace
Hyperbaric Chamber and our other hyperbaric products in the
Mid-West portion of the United States. Mr. Giager has an extensive
background in hyperbaric medicine, diving, hyperbaric safety
training and sales. He also served 4 years in the U.S. Navy. He
joins the BioMedical direct sales and marketing group of Ann
McMaster, Don Webber, Bob Salmons, David Steimle and Ray Wyngarden
and ETC regional support salesmen Eric Sprague and Husnu Onus. ETC
prides itself on being an ISO 9001:2000 certified leader in the
manufacture, installation, and service of hyperbaric chamber
systems and the only manufacturer of a time-proven computerized
monoplace hyperbaric chamber. ETC's BARA-MED(R) XD includes a 4th
generation Windows(TM) based Operating System for Control And
Recordkeeping ( O.S.C.A.R. (TM)) which offers a comprehensive
electronic medical record (EMR) of the Hyperbaric Oxygen Therapy
(HBOT) treatment received by each patient. Gene Davis, President of
the BioMedical Division, stated, "Todd's background as a Navy
medic, Safety Director of Hyperbaric Operations, Certified
Hyperbaric Technologist as well as hyperbaric facility construction
manager brings a new dimension to our sales team and we look
forward to Todd's contribution." ETC's BioMedical Systems
Division's goal is to keep its equipment and customers at the
forefront of hyperbaric medicine which is easily done within the
autonomy of our O.S.C.A.R.(TM) computerized operating system. ETC
was incorporated in 1969 in Pennsylvania and this year will
celebrate our 40th anniversary. Our core technologies include the
design, manufacture and sale of Training Services (TSG) which
includes (1) software driven products and services used to create
and monitor the physiological effects of flight; (2) high
performance jet tactical flight simulation; (3) driving and
disaster simulation systems, and Control Systems (CSG) which
includes: (1) steam and gas sterilization; (2) testing and
simulation devices for the automotive industry; (3) hyperbaric and
hypobaric chambers. Product categories included in TSG are Aircrew
Training Systems (ATS) and flight simulators, disaster management
systems and entertainment applications. CSG includes sterilizers,
environmental control devices and hyperbaric chambers along with
parts and service support. This press release includes
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements are based on ETC's current expectations and projections
about future events. These forward-looking statements are subject
to known and unknown risks, uncertainties and assumptions about
ETC's and its subsidiaries that may cause actual results, levels of
activity, performance or achievements to be materially different
from any future results, levels of activity, performance or
achievements expressed or implied by these forward-looking
statements. These forward-looking statements include statements
with respect to the Company's vision, mission, strategies, goals,
beliefs, plans, objectives, expectations, anticipations, estimates,
intentions, financial condition, results of operations, future
performance and business of the company, including but not limited
to, (i) potential additional funding by H.F. Lenfest, a member of
our Board of Directors and a significant shareholder and PNC Bank,
(ii) the delisting of the Company's common stock from the NYSE AMEX
LLC (formerly the American Stock Exchange) (iii) projections of
revenues, costs of materials, income or loss, earnings or loss per
share, capital expenditures, growth prospects, dividends, capital
structure, other financial items and the effects of currency
fluctuations, (iv) statements of our plans and objectives of the
Company or its management or Board of Directors, including the
introduction of new products, or estimates or predictions of
actions of customers, suppliers, competitors or regulatory
authorities, (v) statements of future economic performance, (vi)
statements of assumptions and other statements about the Company or
its business, (vii) statements made about the possible outcomes of
litigation involving the Company, (viii) statements regarding the
Company's ability to obtain financing to support its operations and
other expenses, and (ix) statements preceded by, followed by or
that include the words, "may," "could," "should," "looking
forward," "would," "believe," "expect," "anticipate," "estimate,"
"intend," "plan," or the negative of such terms or similar
expressions. These forward-looking statements involve risks and
uncertainties which are subject to change based on various
important factors. Some of these risks and uncertainties, in whole
or in part, are beyond the Company's control. Factors that might
cause or contribute to such a material difference include, but are
not limited to, those discussed in the Company's Annual Report on
Form 10K for the fiscal year ended February 27, 2009, in the
section entitled "Risks Particular to Our Business." Shareholders
are urged to review these risks carefully prior to making an
investment in the Company's common stock. The Company cautions that
the foregoing list of important factors is not exclusive. Except as
required by federal securities law, the Company does not undertake
to update any forward-looking statement, whether written or oral,
that may be made from time to time by or on behalf of the Company.
Contact: Duane D. Deaner, CFO Tel: 215-355-9100 (ext. 1203) Fax:
215-357-4000 ETC - Internet Home Page: http://www.etcusa.com/
DATASOURCE: Environmental Tectonics Corporation CONTACT: Duane D.
Deaner, CFO of Environmental Tectonics Corporation, +1-215-355-9100
(ext. 1203), +1-215-357-4000 (fax) Web Site: http://www.etcusa.com/
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