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) the proposed acquisition of the Company
by Lenfest, a member of ETC's Board of Directors and a significant
shareholder, (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 object
|SOURCE Environmental Tectonics Corporation|
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