ETC Awarded $1.8 Million Contract for its Sterilization Systems Group

Rhea-AI Summary

Environmental Tectonics Corporation (OTC Pink: ETCC) announced a significant achievement with a $1.8 million contract from an international client. This contract involves the provision of a twelve-pallet ethylene oxide (EO) sterilization chamber, designed to enhance the sterilization of medical devices. The contract underscores ETC's strong presence in the EO sterilization market, as highlighted by Eric Hunnicutt, Director of EO Sterilizer Sales. ETC continues to offer specialized sterilization systems tailored to meet the unique needs of the medical device and life science sectors.

Positive

• Awarded a $1.8 million contract, indicating strong demand for sterilization systems.
• Contract involves a specialized ethylene oxide sterilization chamber, enhancing offerings in the medical device market.
• Repeat business highlights customer trust and satisfaction in ETC's sterilization solutions.

Negative

• None.

SOUTHAMPTON, Pa., Nov. 30, 2021 (GLOBE NEWSWIRE) -- Environmental Tectonics Corporation's (OTC Pink: ETCC) (“ETC” or the “Company”) Sterilization Systems Group announced it has been awarded a $1.8 million contract from an international customer. The contract includes one, twelve pallet ethylene oxide (“EO”) sterilization chamber with automated pallet conveyance for use with the sterilization of medical devices, “This contract is an example of ETC Sterilization Systems Group repeat business in EO sterilization and system controls,” 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 often specially designed to meet unique process systems challenges.

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 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 words 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:        (215) 355-9100 x1531
E-mail:        mprudenti@etcusa.com

FAQ

What is the recent contract awarded to Environmental Tectonics Corporation (ETCC)?

Environmental Tectonics Corporation was awarded a $1.8 million contract for a twelve-pallet ethylene oxide sterilization chamber.

How does the $1.8 million contract affect ETCC's business?

The contract signifies strong demand for ETCC's sterilization systems and reinforces its position in the medical device sterilization market.

Who is the Director of EO Sterilizer Sales at ETCC?

Eric Hunnicutt is the Director of EO Sterilizer Sales at Environmental Tectonics Corporation.

What products does ETCC's Sterilization Systems Group offer?

ETCC's Sterilization Systems Group offers steam and ethylene oxide sterilizers, vacuum dryers, software systems, and project management services.