SOUTHAMPTON, Pa., Jan. 29 /PRNewswire-FirstCall/ -- Environmental Tectonics Corporation's (Amex: ETC) ("ETC" or the "Company") BioMedical Division today announced the delivery and installation of two BARA-MED(R) XD monoplace hyperbaric chambers to Stevens Hospital, Edmonds, WA. The BARA-MED(R) XD chambers are the first computer-controlled hyperbaric chambers in the state of Washington, clearing the way for higher technology in the world of Hyperbaric Oxygen Therapy (HBOT).
Since 1964, Stevens Hospital has offered a full range of hospital services including cardiac and cancer care, obstetrics, emergency services, state-of-the-art diagnostic imaging and wound care. Stevens Hospital serves patients from the areas of unincorporated South Snohomish County, Mountlake Terrace, Brier, Edmonds, Lynnwood, Mill Creek, Bothell, as well as north Seattle.
Like all hyperbaric chambers designed and manufactured by ETC BioMedical, the units contain O.S.C.A.R.(TM), (Operating System for Control And Recordkeeping), a 4th generation, time-honored computerized operating system that includes a programmable curvilinear descent, treatment protocol and more. As an added safety feature, ETC's chambers feature a full manual override system to avoid premature termination of treatment protocol as a result of power outages.
Mario Caruso, Technical Director for Comprehensive Healthcare Solutions, Inc, a wound care management company at Stevens Hospital, said "ETC's BARA-MED(R) XD advanced technology allows our Certified Hyperbaric Technicians (CHT) to focus their attention where it should be: on the patients. This is just one reason why we and our clients prefer ETC hyperbaric chambers."
Russ Peterson, Technical Director of the BioMedical Division, recently said "We are thrilled with the response this past year to the BARA-MED(R) XD. Hospital and clinics alike are enthusiastic about the features provided with our chambers. Among the advantages are that the staff's focus can remain on the patient-care aspects of HBO, and not on time and attention consuming profile timing, chamber control, and data recording."
The BARA-MED(R) XD is truly unique hyperbaric chamber with a spacious 34-inch interior diameter, 45 ft(3) of patient internal volume (PIV), a patient transfer system rated for 700-pounds, and a standard passive bariatric pressure relief mattress.
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; (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 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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