SOUTHAMPTON, Pa., Nov. 3 /PRNewswire-FirstCall/ -- Environmental Tectonics Corporation's (Amex: ETC) ("ETC" or the "Company") Simulation Division today announced the signing of a contract with the Netherlands Institute for Safety, NIFV, to add new capabilities to their ADMS-ARFF, Advanced Disaster Management Simulator for Aircraft Rescue Fire Fighting.
The contract consists of the development of a new military helicopter scenario consisting of AH-64 Apache helicopters parked in a flight line on an airbase. The scenario will be used to train firefighters, crew commanders and airport fire officers of the Royal Netherlands Air Force. The training objectives defined for this scenario are incident command and airport fire truck operation for incidents involving Apache helicopters during refueling or weapons loading.
NIFV is a national center of expertise with four Academies: Fire Academy, Academy for Crisis Management, Emergency Medical Service Academy and Academy for Leadership. Since 2001 NIFV has trained thousands of emergency responders with their mobile ADMS team training systems. NIFV continually upgrades and expands their ADMS systems to improve and grow their training capabilities.
ADMS is a high fidelity interactive team training platform that offers a proven methodology to provide cost-effective synthetic incident and disaster management experience.
Since 1995, ADMS has been used to train emergency responders around the world to better prepare to respond to and mitigate incidents. ADMS enables response and rescue personnel to perform and enhance team and individual skill sets at all levels of response. It is also used to test and validate emergency response and management plans. ADMS bridges the gap between tabletop exercises and real world experience.
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'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 Lenfest, (ii) the potential delisting of the Company's common stock from the American Stock Exchange as a result of the Company's failure to comply with the AMEX listing standards, (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, including our outstanding litigation with Disney; (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 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)
ETC - Internet Home Page: http://www.etcusa.com
|SOURCE Environmental Tectonics Corporation|
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