Exhibit 99.1
ENVIRONMENTAL TECTONICS CORPORATION
ANNOUNCES FOURTH QUARTER AND FISCAL 2007 RESULTS
Southampton, PA, May 11, 2007 —
Environmental Tectonics Corporation (AMEX:ETC) (“ETC” or the “Company”) today announced financial results for the fiscal fourth quarter and year ended February 23, 2007.
     For the fiscal fourth quarter of fiscal 2007, which ended on February 23, 2007, ETC had a net loss of $2,896,000, or $(0.33) per share (diluted) versus a net loss of $2,044,000 or $(0.23) per share (diluted) for the corresponding period of fiscal 2006. Sales for the fourth quarter of fiscal 2007 were $3,797,000, as compared to $6,693,000 for the fourth quarter of fiscal 2006, a decrease of $2,896,000, or 43.3%. The decrease was split approximately 70%-30% between ETC’s Polish subsidiary, ETC-PZL, and ETC Southampton. ETC-PZL’s variance reflected a significantly reduced work effort in the current quarter versus the prior year’s corresponding quarter under a contract with L-3 Communications for several F-16 aircraft flight simulators and other equipment for the Polish Air Force. ETC Southampton’s decrease primarily reflected lower production in the current quarter versus the prior year’s quarter for a GL-1500 Gyro-Lab flight simulator for Pakistan.
     Gross profit for the fourth quarter of fiscal 2007 decreased $1,715,000, or 137.4%, representing the sales decrease coupled with a 30.9 percentage point decrease in the rate as a percentage of sales. The gross profit dollar decrease reflected the aforementioned impact of reduced sales and corresponding gross profit partially offset by a decrease in charges for inventory reserves. The gross profit rate decrease reflected reductions in most product lines in ETC Southampton and lower percentage of completion revenue without an offsetting reduction in cost in ETC-PZL.
     Operating loss was $2,737,000 versus a loss of $1,432,000 for the prior period, reflecting the aforementioned gross margin decrease partially offset by a $275,000, or 11.0% reduction in selling and administrative expenses and a $135,000, or 77.1% reduction in research and development expenditures.
     For the fiscal year ended February 23, 2007, the Company experienced a net loss of $8,681,000 versus a net loss of $6,714,000 for fiscal 2006. Total sales were $17,419,000, a decrease of $7,650,000 or 30.5% from fiscal 2006. The reduction was approximately equally split between ETC Southampton (down $3,657,000 or 18.6%) and ETC-PZL (down $3,801,000 or 73.4%). Product line sales in ETC Southampton in the current period were down in three product categories (environmental, down $2,105,000, Pilot Training Systems (PTS), down $2,076,000, and parts and service, down $255,000), with partial offsets primarily in sterilizers (up $466,000) and simulation (up $186,000). Reduced sales in environmental reflected a significant decrease in domestic automotive sales. The decrease in PTS sales reflected significant production activity in the prior period for a pilot selection system purchased through the U.S. Army Corp of Engineers for a Middle Eastern country. Parts and service experienced reduced domestic activity. Sterilizers benefited from a significant increase in international contracts which was only partially offset by a decrease domestically. Simulation reflected higher domestic

5


The following information was filed by Environmental Tectonics Corp (ETCC) on Thursday, May 17, 2007 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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