SOUTHAMPTON, Pa., Feb. 15, 2011 /PRNewswire/ -- Environmental Tectonics Corporation's (BULLETIN BOARD: ETCC) ("ETC" or the "Company") Aircrew Training Services Division today relayed a result of the successful training in one of their training devices. According to the Asiaone News, two F-16's crashed about a kilometer apart during the 30th annual Cobra Gold exercise in Chiang Mai, Thailand but both pilots ejected safely due in part to ongoing training that they had received on Environmental Tectonics Corporation's (ETC) Ejection Seat Trainer (EST) built by its business unit, Aircrew Training Services.
The Royal Thai Air Force invested in an EST from ATS in 1991 to prepare their pilots for in - flight emergencies. The Thai EST simulates an F-16 ejection system and trains aircrew how to eject quickly and safely. Utilizing a pneumatic catapult system for maximum reliability and a series of safety interlocks, training on the equipment includes, instruction on how to achieve correct body position and when to safely eject. The Royal Thai Air Force EST has adjustable G-force control up to 3 G's and catapults up a sliding rail system when engaged.
The fighter jets were participating in a joint military exercise involving 10,000 soldiers from six countries, including the U.S. The jets disappeared from the radar shortly before the crash. (1) One of the pilots, Squadron Leader Krissana Sukjan, is quoted as saying that "The engine malfunctioned for an unknown reason." His plane crashed into Phulanka Mountain in the Wangphon village of Mueang district. (2)
William F. Mitchell, President and CEO of ETC, stated, "We are extremely pleased to hear of the safe ejection of the Thai pilots. While in-flight emergencies and accidents do happen, it is testimony to ETC's commitment to high quality aircrew equipment and training that these pilots survived."
Without the use of simulators such as ETC's EST pilots would face emergencies such as this without prior knowledge, experience or confidence of ejection seat systems. Due to nature of the ejection process, without an EST, pilots would never be able to prepare for such an emergency safely without sacrificing expensive equipment or worse putting their own lives in danger. Since this device was built in 1991, ETC has introduced two more advanced systems thus further improving ejection seat training. Follow this link for the most recent technology developments: zero/zero Ejection Seat Simulator.
More detailed specifications for the ESS and other Aircrew Training Systems are available by contacting: Robin Valinski, rvalinski@etcusa.com, Sales and Marketing Coordinator.
Environmental Tectonics Corporation was incorporated in 1969 in Pennsylvania, USA. For over forty years, we have provided our customers with products, service and support. Innovation, continuous technological improvement and enhancement, and product quality are core values and critical to our success. We operate in two business segments - Training Services Group ("TSG") and Control Systems Group ("CSG"). Our core technologies in TSG include the design, manufacture and sale of training services 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 in CSG include: (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 Authentic Tactical Fighting Systems (ATFS), Aircrew Training Systems (ATS) and disaster management systems (ADMS). CSG includes sterilizers, environmental control devices and hypo/hyperbaric chambers along with parts and service support.
Discussions of some of the matters contained in this press release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and as such, may involve risks and uncertainties. We have based these forward-looking statements on our current expectations and projections about future events or future financial performance, which include implementing our business strategy, developing and introducing new technologies, obtaining, maintaining and expanding market acceptance of the technologies we offer, and competition in our markets. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about ETC 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 or 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 terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "future," "predict," "potential," "intend," or "continue," and 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 factors that could affect forward-looking statements by ETC 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.
(1) "Two Thai F16's Crash During Exercise", February 14, 2011, http://www.bernama.com.my/bernama/v5/newsgeneral.php?id=563667
(2) "Thai Air Force investigating why two F-16s crashed", February 15, 2011, http://news.asiaone.com/News/Latest%2BNews/Asia/Story/A1Story20110215-263585.h tml
Contact: Duane D. Deaner, Fax: CFO Tel: 215-355-9100 (ext. 1203) 215-357-4000 ETC - Internet Home Page: http://www.etcusa.com/ ---------------------
Environmental Tectonics Corporation
CONTACT: Duane D. Deaner, CFO, +1-215-355-9100 (ext. 1203), Fax:
+1-215-357-4000
Web Site: http://www.etcusa.com/
