Home

ETC announces MOU between subsidiary ETC-PZL and Sikorsky Aerospace Services to Examine Training Support for BLACK HAWK Users in Europe

Southampton, PA – October 8, 2012, ETC (www.etcusa.com) announced today the signing of a Memorandum of Understanding (MOU) between its Polish subsidiary ETC-PZL Aerospace Industries Ltd. (ETC-PZL) (www. http://www.ai.com.pl/) with Sikorsky Aerospace Services (SAS). The MOU will examine how ETC-PZL can best provide aircrew training systems and maintenance support in the case that Poland’s Ministry of Defence should acquire Polish-built S-70i(TM) BLACK HAWK helicopters for its armed forces.
 
According to the conditions of the MOU, discussions will focus on how ETC-PZL will support training, logistics and maintenance requirements for all simulators and training devices in the event of the acquisition of S-70i(TM) helicopters by the Polish Ministry of Defence.
 
ETC-PZL produces digital cockpit flight simulators and training devices as well as high level truck, bus and locomotive driver’s simulators. ETC’s business unit, the Aircrew Training System group (www.etcaircrewtraining.com), located at the corporate headquarters in Southampton, PA has designed and manufactured motion based trainers and simulators since 1969.
 
“ETC-PZL is delighted to have the possibility of partnering with Sikorsky and PZL Mielec to develop an S70i helicopter simulator in Poland. ETC-PZL hopes this program will herald the start of a successful, long-term cooperation in that market area and contribute to the continued development of ETC-PZL’s range of type specific training devices,” said Steve Jackson, President, ETC-PZL.
 
States William F. Mitchell, President and CEO of ETC, “This is a monumental step for ETC and ETC-PZL moving us closer to full expansion into the helicopter training market”.
 
“Known for implementing new and innovative technologies, ETC-PZL is a key provider of aircraft simulators and training programs. This MOU is an important step in strengthening our future support capabilities in Poland,” said Frank DiPasquale, SAS Vice President of Sales and Strategic Relationships. “Poland is a key component of our long-term international strategy to meet worldwide demand for Sikorsky products and services.”
 
ETC and ETC-PZL, together, provide comprehensive support packages for all rotary or fixed wing aircraft simulators. They offer customers in the military and commercial market complete equipment, aircrew and operator training, maintenance, operation, upgrade, repair and service packages for all manufacturers’ equipment.

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.