06.05.2024 22:15:07 - dpa-AFX: GNW-Adhoc: ETC's Commercial/Industrial Units Awarded Three Contracts Totaling $15.9 Million

SOUTHAMPTON, Pa., May 06, 2024 (GLOBE NEWSWIRE) -- Environmental Tectonics
Corporation's (OTC Pink: ETCC) ("ETC" or the "Company") Sterilization Systems
Group announced it has been awarded $13.9 million in contracts from two multi-
national medical device manufacturers. The contracts include four, sixteen
pallet ethylene oxide ("EO") sterilization system chambers with related conveyer
systems, and a large capacity vacuum drying chamber with preconditioning.
"These contracts reflect ETC Sterilization Systems Group's dedication to
innovation in our mechanical designs, control systems and software expertise to
meet the challenging requirements of this market," states Eric Hunnicutt, ETC
Director of EO Sterilizer Sales. ETC's Sterilization Systems Group offers Steam
and Ethylene Oxide ("EO") Sterilizer Systems, Vacuum Dryers, Software Systems,
and project management services to the Medical Device, Pharmaceutical,
Biotechnology, and Life Science industries. ETC's systems are specially designed
to meet unique process system challenges.
In addition, ETC's Environmental Testing and Simulation Systems ("ETSS") unit
was awarded a $2.0 million contract as the environmental simulation equipment
supplier for a new, state-of-the-art auto racing test cell project. This
equipment includes a dynamic throttle air pressure control system and a track
road speed air velocity control system, which are dynamic air systems that can
maintain high accuracy intake air pressure and scoop velocity control while
simulating rapidly changing race conditions. "We feel this project will be an
important step in ETSS becoming a leading supplier of racing air systems test
equipment for race teams in the U.S. and Europe," states Greg Raab, ETSS
Business Unit Manager.
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 and simulation systems, 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's headquarters is 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:   Robert L. Laurent, CEO & President
  Phone:     (215) 355-9100
  E-mail:    info@etcusa.com (mailto:info@etcusa.com)

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