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ENVIRONMENTAL TECTONICS CORPORATION

(ETCC)
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Environmental Tectonics : ETC Announces Results of the Annual Meeting of Shareholders' Vote

03/12/2021 | 04:29pm EDT

SOUTHAMPTON, Pa., March 12, 2021 - Environmental Tectonics Corporation (OTC Pink: ETCC) ('ETC' or
the 'Company') announced today the results of shareholder voting from its Annual Meeting of Shareholders.
ETC's Annual Meeting of Shareholders was held virtually on Wednesday, March 10, 2021, at 10:00 a.m., with shareholders voting on the following two proposals.
The election of Dr. George K. Anderson, Dr. Linda J. Brent, Roger Colley, Robert L. Laurent, Jr., and Winston E. Scott as Directors of the Company from the slate of six nominees.
The ratification of the appointment of RSM US LLP as the Company's independent registered public accounting firm for the fiscal year ended February 26, 2021.
With respect to ETC's Board of Directors, Dr. Anderson will remain Chairman of the Board. The Company's officers are as follows: Robert L. Laurent, Jr. as Chief Executive Officer and President, Mark Prudenti as Chief Financial Officer, James D. Cashel as General Counsel and Corporate Secretary, Thomas G. Loughlin as Chief Operating Officer, and Alper Kus as Senior Vice President Aircrew Training Systems.

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 terminology 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.

Disclaimer

Environmental Tectonics Corporation published this content on 11 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 March 2021 21:28:02 UTC.


ę Publicnow 2021
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Financials (USD)
Sales 2021 16,3 M - -
Net income 2021 -7,49 M - -
Net Debt 2021 19,3 M - -
P/E ratio 2021 -0,73x
Yield 2021 -
Capitalization 4,05 M 4,05 M -
EV / Sales 2020 0,66x
EV / Sales 2021 1,52x
Nbr of Employees 207
Free-Float 99,9%
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Managers and Directors
Robert L. Laurent President, Chief Executive Officer & Director
Mark Prudenti Chief Financial Officer & Treasurer
George K. Anderson Chairman
Thomas G. Loughlin Chief Operating Officer
James D. Cashel Secretary, Chief Compliance Officer & VP