Healthcare Industry News: hyperbaric chamber
News Release - July 9, 2007
Environmental Tectonics Corporation's BioMedical Division Announces New ContractSOUTHAMPTON, Pa., July 9 (HSMN NewsFeed) -- Environmental Tectonics Corporation's (Amex: ETC ; "ETC" or the "Company") BioMedical Division announced today it has been awarded a contract by a facility in a Southeast coastal community for three BARA-MED®XD Monoplace hyperbaric chambers. After this sale, ETC will have placed 6 chambers in this facility. In obtaining this contract, ETC again worked closely with the facility to help ensure that the hyperbaric chamber installation met requirements for operational efficiency, patient comfort, and the latest safety standards for healthcare facilities.
The BARA-MED®XD, is the industry's most technically advanced chamber, featuring Windows®-based computer control software, automatic treatment printout and SMOOTH-RIDE(TM) compression/decompression protocol. ETC's BioMedical Systems Division strives to keep its equipment and customers at the forefront of hyperbaric medicine. As a consequence, in addition to their regular use in clinical treatments at medical facilities around the world, ETC hyperbaric chambers in this facility are routinely involved in research and applications on new indications.
Gene Davis, President of ETC's BioMedical Division, commented, "We are pleased that this valuable customer has expanded by adding three chambers to the existing three chambers already in operation at this facility. ETC was selected, in large part, due to our technological innovations in the area of control system technology.
ETC designs, develops, installs and maintains aircrew training systems, public entertainment systems, process simulation systems (sterilization and environmental), clinical hyperbaric systems, environmental testing and simulation systems, and related products for domestic and international customers.
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934. We have based these forward- looking statements on our current expectations and projections about future events. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about the Company that may cause our actual results, levels of activity, performance or achievements to be materially different from any other future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may", "will", "should", "could", "would", "expect", "plan", "anticipate", "believe", "estimate", "continue", or the negative of such terms or similar expressions. Factors that might cause or contribute to such a discrepancy include, but are not limited to, contract cancellations, failure to obtain new contracts, political unrest in customer countries, unfavorable results in litigation, general economic conditions, and those issues identified from time to time in our Securities and Exchange Commission filings and other public documents, including, without limitation, our Annual Report on Form 10-K for the fiscal year ended February 23, 2007.
Source: Environmental Tectonics
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