SOUTHAMPTON, Pa., May 4 /PRNewswire-FirstCall/ -- Environmental Tectonics Corporation's (NYSE AMEX LLC: ETC) ("ETC" or the "Company") BioMedical Systems Division announced today the addition of Mr. Ray Wyngarden as Western Regional Sales Director. Mr. Wyngarden will be responsible for expanding market awareness of the BARA-MED(R) XD Monoplace Hyperbaric Chamber and ETC's other hyperbaric products in the western portion of the United States.
Mr. Wyngarden's background includes over 20 years in medical and computer technology sales. He joins the BioMedical direct sales and marketing group of Ann McMaster, Don Webber, Bob Salmons and David Steimle and ETC regional support salesmen Eric Sprague and Husnu Onus.
ETC is the only manufacturer of a time proven computerized monoplace hyperbaric chamber. Our BARA-MED(R) series of hyperbaric chambers include a 4th generation Windows(TM) based Operating System for Control And Recordkeeping (O.S.C.A.R.(TM)) which eliminates the need for operator dive time management and paper recordkeeping while ensuring comprehensive documentation of the procedure. (O.S.C.A.R.(TM)) enables technicians to focus their attention on patient care and management.
Gene Davis, President of the BioMedical Division stated "The hyperbaric community at large requires the best and latest Electronic Medical Recordkeeping (EMR) technology available which leads them to choose ETC hyperbaric chambers. Ray brings vast experience to our team."
ETC designs, develops, installs and maintains aircrew training systems (aeromedical, tactical combat and general), disaster management training systems and services, entertainment products, sterilizers (steam and gas), environmental testing products, hyperbaric chambers and related products for domestic and international customers.
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 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) the potential delisting of the Company's common stock from the NYSE AMEX LLC, (ii) the completion of additional financing transactions to support the Company's operation, (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, and (viii) 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 10-K for the fiscal year ended February 29, 2008, 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
|SOURCE Environmental Tectonics Corporation|
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