Healthcare Industry News: BARA-MED XD
News Release - February 23, 2010
Environmental Tectonics Corporation Announces Additional Baramed Monoplace Hyperbaric Chamber SalesSOUTHAMPTON, Pa., Feb. 23 (Healthcare Sales & Marketing Network) -- Environmental Tectonics Corporation's (OTC Bulletin Board:ETCC.ob ) ("ETC" or the "Company") Biomedical Systems Division today announced the placement of two (2) BARA-MED XD computerized monoplace hyperbaric oxygen chambers at Blue Mountain Health System Hyperbaric and Wound Care Center, Lehighton, PA.
All of ETC's monoplace hyperbaric chambers contain a fourth generation, automated control system called O.S.C.A.R., (Operating System for Control And Recordkeeping). Among its many features, O.S.C.A.R. includes a patient friendly pressure-change technology known as SMOOTH-RIDE. SMOOTH-RIDE reduces the risk of complications due to middle ear and sinus barotraumas during compression. During decompression, SMOOTH-RIDE reduces the risk of air trapping in cases of potential obstructive or restrictive pulmonary conditions, such as chronic obstructive pulmonary disease (COPD), asthma, and emphysema. SMOOTH-RIDE achieves these important risk reductions without having to increase the times of the pressure changes.
Tammy L. George, RN, BSN, Program Director for The Blue Mountain Health System Hyperbaric and Wound Care Center, stated, "We chose to go with the ETC chambers for many reasons. The most important reason was the chambers provide computerized treatment protocols with accurate dive documentation and easy-to-use litters which can be adjusted for effortless patient loading and unloading. The ETC hyperbaric chambers also provide more than ample room for patients to shift or change positions easily. Our patients are more than pleased with the chambers, which results in a better compliance ratio. Blue Mountain Health System Hyperbaric and Wound Care Center uses these hyperbaric chambers for a variety of patient issues, such as to help heal diabetic wounds and treat Osteoradionecrosis (both pre- and post-tooth extraction) as well as other Medicare covered conditions."
Bob Salmons, NE Regional Sales Manager, commented that, "Customers are purchasing ETC chambers because they demand both the quality and technology that only ETC provides."
ETC was incorporated in 1969 in Pennsylvania and last year we celebrated our 40th anniversary. Our core technologies include the design, manufacture and sale of Training Services (TSG) 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 Control Systems (CSG) which includes: (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 Aircrew Training Systems (ATS) and flight simulators, disaster management systems and entertainment applications. CSG includes sterilizers, environmental control devices and hyperbaric chambers along with parts and service support.
This press release includes 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, as amended. These forward-looking statements are based on ETC's current expectations and projections about future events. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about ETC's 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 of our 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 the words, "may," "could," "should," "looking forward," "would," "believe," "expect," "anticipate," "estimate," "intend," "plan," or the negative of such terms or 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 27, 2009, 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 important factors 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.
Contact: Duane D. Deaner, CFO Tel: 215-355-9100 (ext. 1203) Fax: 215-357-4000
Source: Environmental Tectonics
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