Environmental Tectonics Corporation Forms Non-Profit NASTAR Foundation to Support Aerospace Industry

SOUTHAMPTON, Pa., May 19, 2011 /PRNewswire/ -- Environmental Tectonics Corporation (OTC Bulletin Board: ETCC) ("ETC" or the "Company") today announced the formation of the NASTAR Foundation, a non-profit organization that fosters opportunities for people of all ages to experience the excitement of aerospace exploration.

Core focus areas of the NASTAR Foundation are to:

• Inspire, facilitate, and grow public awareness and participation in aviation and space activities
• Enhance workforce development through life-long learning opportunities
• Support innovative programs that improve science, technology, engineering and mathematics (STEM) education
• Facilitate theoretical and applied research to meet the needs of the aerospace industry
• Advance health & safety through the creation of medical and training standards for the commercial space industry

The NASTAR Foundation has selected the following individuals for its Board of Directors: Dan Barry, Lou Bucelli, Lydia Kokolskyj, William F. Mitchell, Sr., Edward Turzanski, and Elizabeth Walsh. The Board of Directors includes a former astronaut, university development officer, entrepreneur, corporate CEO, a national security specialist and a workforce development professional. Together they provide expertise in K-12 education programs, entrepreneurship, university research, workforce development, space exploration and industry.

One of the first projects for the NASTAR Foundation is to develop medical and training standards for commercial space flight. NASTAR Foundation will form committee(s) as necessary to develop the standards and is encouraging participation from industry.  

Gregory P. Kennedy, the Executive Director for the NASTAR Foundation states, "The creation of an independent non-profit organization opens many possibilities for future projects that include education, research and flight safety.  We are particularly excited about creating innovative ways to enhance science and technology education."

For more information on the NASTAR Foundation visit www.nastarfoundation.org (site available next week) or contact Greg Kennedy at 215-355-9100 x 1512.

About NASTAR Foundation

The NASTAR Foundation is a non-profit organization that fosters opportunities for people of all ages to experience the excitement of aerospace exploration. The mission of the NASTAR Foundation is to promote aerospace education as a lifelong process; support applied and theoretical scientific research related to aviation, human perception and cognition and general man-machine interaction; and to support the health and safety of the aerospace industry. www.nastarfoundation.org

About ETC

Environmental Tectonics Corporation (ETC®) was founded in 1969 in Pennsylvania, PA. ETC 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. www.etcusa.com

Environmental Tectonics Corporation was incorporated in 1969 in Pennsylvania, USA. For over forty years, we have provided our customers with products, service and support.  Innovation, continuous technological improvement and enhancement, and product quality are core values and critical to our success. We operate in two business segments – Training Services Group ("TSG") and Control Systems Group ("CSG"). Our core technologies in TSG include the design, manufacture and sale of training services 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 in CSG include: (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 Authentic Tactical Fighting Systems (ATFS), Aircrew Training Systems (ATS) and disaster management systems (ADMS). CSG includes sterilizers, environmental control devices and hypo/hyperbaric chambers along with parts and service support.

Discussions of some of the matters contained in this press release  may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and as such, may involve risks and uncertainties. We have based these forward-looking statements on our current expectations and projections about future events or future financial performance, which include implementing our business strategy, developing and introducing new technologies, obtaining, maintaining and expanding market acceptance of the technologies we offer, and competition in our markets. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about ETC 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 or 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 terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "future," "predict," "potential," "intend," or "continue," and 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 26, 2010, 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 factors that could affect forward-looking statements by ETC 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