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| Friday, 18 July 2014, 07:25 HKT/SGT | |
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Source: ETC | |
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Southampton, PA, USA, July 18, 2014 - (ACN Newswire) - Environmental Tectonics Corporation (OTC Pink: ETCC) ("ETC" or the "Company") announced today the shipment of the third and fourth chambers, completing the requirement of four Research Altitude Chambers (http://www.etcaircrewtraining.com/hypobaric-chamber-altitude-chamber) to the 711th Performance Wing at Wright Patterson Air Force Base in Dayton, OH, USA.
The third and fourth altitude chambers, which are part of a total suite of four chambers sold to the U.S. Air Force, were shipped on June 24, 2014 and July 2, 2014, respectively. The chambers are currently undergoing installation, and will be integrated with the facility, as well as the other two chambers that are currently onsite.
Valued at over $37 million, the suite of research chambers allows maximum flexibility for the design and configuration of unique test scenarios under a wide range of environmental conditions. Each of the four chambers will have its own unique internal layouts and compartmentalization. Three of these four chambers will be "man-rated" allowing human occupancy for ongoing initiatives. The fourth chamber will be utilized for equipment and various research testing scenarios.
ETC's suite of chambers will support the operational missions for the Aeromedical Research Mission that include:
- Human performance assessment in moderate and high altitude conditions
- Aircrew equipment development, qualification, and man-rating
- Operationally focused aeromedical research
- Non-medical engineering test work for aircraft/weapons programs
States William F. Mitchell, Chairman & CEO of ETC, "We are pleased to be finalizing this project and look forward to the commissioning and man-rating process."
About ETC
ETC designs, manufactures, and sells software driven products and services used to recreate and monitor the physiological effects of motion on humans, and equipment to control, modify, simulate and measure environmental conditions. Our products include aircrew training systems (aeromedical, tactical combat, and general), disaster management systems, sterilizers (steam and gas), environmental testing products, hyperbaric chambers, and other products that involve similar manufacturing techniques and engineering technologies. ETC's unique ability to offer complete systems, designed and produced to high technical standards, sets it apart from its competition. ETC is headquartered in Southampton, PA. For more information about ETC, visit http://www.etcusa.com/.
Forward-looking Statements
This news release contains forward-looking statements, which are based on management's expectations and are subject to uncertainties and changes in circumstances. Words and expressions reflecting something other than historical fact are intended to identify forward-looking statements, and these statements may include terminology such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "future", "predict", "potential", "intend", or "continue", and similar expressions. We base our forward-looking statements on our current expectations and projections about future events or future financial performance. Our forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about ETC and its subsidiaries that may cause actual results to be materially different from any future results implied by these forward-looking statements. We caution you not to place undue reliance on these forward-looking statements.
Contact:
Mark Prudenti, CFO
Phone: +1-215-355-9100 x1531
E-mail: mprudenti@etcusa.com
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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ETC via Globenewswire
Topic: General Announcement
Source: ETC
https://www.acnnewswire.com
From the Asia Corporate News Network
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