ETC Awarded $2.6 Million Contract for its Environmental Testing and Simulation Unit

Rhea-AI Summary

Environmental Tectonics Corporation (ETC) has secured a $2.6 million contract to supply climatic test equipment to a leading multinational truck and bus manufacturer. This environmental simulation equipment will enable testing under various conditions, including temperature, humidity, and altitude, for diesel, natural gas, hybrid, and electric vehicles. The systems are aimed at enhancing emissions, product development, and regulatory compliance.

Positive

• Awarded $2.6 million contract for climatic test equipment.
• Enhances product testing capabilities for various vehicle types.

Negative

• None.

SOUTHAMPTON, Pa., Nov. 12, 2021 (GLOBE NEWSWIRE) -- Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) Environmental Testing and Simulation Unit has been awarded a $2.6 million project to provide climatic test equipment for a major, multinational truck and bus manufacturer. This environmental simulation equipment will provide the customer the capability to simulate specific operating conditions including wide ranges of temperature, humidity, and altitude. These systems will be used to test various vehicle types including diesel, natural gas, hybrid, and full electric in the areas of emissions, product development, and regulatory compliance.

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 project awarded to Environmental Tectonics Corporation (ETCC)?

ETCC was awarded a $2.6 million project to provide climatic test equipment for a major truck and bus manufacturer.

How will the new climatic test equipment benefit the truck and bus manufacturer?

The equipment will allow testing under varied conditions, aiding in emissions, product development, and regulatory compliance.

What types of vehicles will be tested with the new equipment from ETCC?

The equipment will test diesel, natural gas, hybrid, and full electric vehicles.

When was the contract awarded to Environmental Tectonics Corporation (ETCC)?

The contract was awarded on November 12, 2021.