Environmental Tectonics Corporation’s Biomedical Systems Division Announces Placement of BARA-MED Chamber in Mercy Medical Center, Canton, Ohio
SOUTHAMPTON, Pa., April 14 /PRNewswire-FirstCall/ — Environmental Tectonics Corporation’s (OTC Bulletin Board: ETCC) (“ETC” or the “Company”) Biomedical Systems Division today announced the sale of a BARA-MEDÃ‚® XD computerized monoplace hyperbaric oxygen chamber to Mercy Medical Center in Canton, OH.
Hyperbaric chambers are used in Hyperbaric Oxygen Therapy (HBOT), a non-invasive procedure in which the patient breathes 100% oxygen while fully enclosed in a specially designed chamber at increased pressure. HBOT is the primary treatment for carbon monoxide poisoning, arterial gas embolism and decompression sickness. It is also used to promote and support healing in the management of conditions in which oxygen transport to the tissues has been disrupted by traumatic injury, infection, inflammation, or edema.
Every ETC Biomedical Systems monoplace hyperbaric chamber contains a fourth-generation, automated computerized operating system that controls and records each treatment. Additionally, a patient friendly pressure-change technology known as SMOOTH-RIDE is included on all BARA-MEDÃ‚® XD chambers. This specialized software 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.
Joe Snyder, RN CHT, Program Coordinator, Mercy Medical Center Hyperbaric Medicine Unit, commented, “We decided to go with ETC largely due to the impressive oxygen savings and computerized automated system. The operational savings and the computerized technology far outweighed our initial plan of going with a manual chamber. The addition of the BARA-MEDÃ‚® XD will give Mercy Medical Center a cutting edge over current systems in operation throughout the four-county area (Tuscarawas, Stark, Wayne & Summit).”
Jennifer Lawrence, Biomedical Division Sales Manager, commented, “Customers are always looking for ways to save on operational costs. Our BARA-MEDÃ‚® XD computerized chamber offers the customer the revenue associated with HBOT and the cost savings of running treatments on extremely low vent rates which saves on their oxygen consumption.”
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
ETC – Internet Home Page: http://www.etcusa.com
SOURCE Environmental Tectonics Corporation