News
Environmental Tectonics Corporation
Announces the Expansion of its Board of Directors
SOUTHAMPTON, Pa.,
class="xn-chron">July 30 /PRNewswire-FirstCall/ --
Environmental Tectonics Corporation (OTC Bulletin Board: ETCC)
("ETC" or the "Company") today announced the appointment of
class="xn-person">Winston E. Scott to its Board of
Directors. Mr. Scott brings the total of ETC Board members to
six.
Mr. Scott, a retired U. S. Navy Captain and former NASA
Astronaut, currently serves as Dean of the
class="xn-org">College of Aeronautics of the
class="xn-org">Florida Institute of Technology. His
professional experience includes significant industry and academic
positions as well as a 27 year stint in the U. S.
class="xn-org">Navy. During his enlistment, Mr. Scott
accumulated more than 5,000 hours of flight time in 20 different
military and civilian aircraft and more than 200 shipboard
landings.
Mr. Scott was selected by NASA for their Astronaut program in
March 1992. He served on two space
shuttle missions, logging more than 24 days in space including 3
spacewalks totaling over 19 hours.
Mr. Scott's civilian experience includes serving as the Vice
President for Student Affairs for Florida
State University, an Associate Dean and Adjunct
Instructor position at FSU College of Engineering, Executive
Director of the Florida Space Authority, and as Vice President and
Deputy General Manager of the engineering and science contract
group for Jacobs Engineering in Houston,
Texas.
Mr. Scott holds a B.A. in Music from
class="xn-org">Florida State University, a M.S. in
aeronautical engineering from the U.S. Naval
Postgraduate School, and honorary doctorates from
class="xn-org">Florida Atlantic University and
class="xn-org">Michigan State University.
Mr. Scott belongs to the American Institute of
Aeronautics & Astronautics, Aircraft Owners and Pilots
Association, Experimental Aircraft Association, Skotokan Karate
Association, Association of International Tohgi Karate-Do, and
Bronze Eagles Association of
class="xn-location">Texas.
Mr. Scott resides in Melbourne,
Florida, along with his wife and two children. He enjoys
martial arts and holds a 2nd degree black belt in Shotokan karate.
He also enjoys music, and plays trumpet with various bands along
the Cape Canaveral Space Coast. In addition he remains an active
pilot flying various aircraft.
ETC was incorporated in 1969 in
class="xn-location">Pennsylvania and last year we celebrated
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, and; (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, and; (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) 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, (ii) 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, (iii) statements of future economic
performance, (iv) statements of assumptions and other statements
about the Company or its business, (v) statements made about the
possible outcomes of litigation involving the Company, (vi)
statements regarding the Company's ability to obtain financing to
support its operations and other expenses, and (vii) 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 our
Annual Report on Form 10K for the fiscal year ended
February 26, 2010, 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.
style="font-family:Arial;font-size:8pt;">Contact: Duane D. Deaner,
CFO
style="font-family:Arial;font-size:8pt;">Tel: 215-355-9100(ext.
1203)
style="font-family:Arial;font-size:8pt;">Fax:
215-357-4000
style="font-family:Arial;font-size:8pt;">ETC – Internet Home
Page:
style="font-family:Arial;font-size:8pt;">
target="_blank" href='http://www.etcusa.com'
title='http://www.etcusa.com'>http://www.etcusa.com
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