Elecsys Announces Executive Update Within Its DCI Subsidiary
May 23 2008 - 2:51PM
PR Newswire (US)
OLATHE, Kan., May 23 /PRNewswire-FirstCall/ -- Elecsys Corporation
(AMEX:ASY), announced today that Robert O'Conor will not be joining
the Company's DCI, Inc. subsidiary as Executive Vice President of
Business Development as previously announced. Mr. O'Conor stated,
"While very excited about the opportunity to join a company like
DCI and be a part of its continued growth, personal and family
reasons make it necessary for me to remain in my current position.
I am extremely impressed with DCI's operations, team oriented
culture, and customer service focus and I am confident Elecsys will
experience continued success." Karl B. Gemperli, Chief Executive
Officer and President of DCI, will lead the subsidiary's business
development efforts while the Company continues its search for
another exceptional candidate. He commented, "We have aggressive
growth plans for DCI and we are confident we will find the right
leader soon to help us accelerate the growth at that business."
About Elecsys Corporation Elecsys Corporation operates three wholly
owned subsidiaries, DCI, Inc., NTG, Inc., and Radix Corporation.
DCI provides electronic design and manufacturing services for
original equipment manufacturers in the aerospace, transportation,
communications, safety, security and other industrial product
industries. DCI has specialized expertise and capabilities to
integrate custom electronic assemblies with a variety of innovative
display and interface technologies. NTG designs, markets, and
provides remote monitoring solutions for the gas and oil pipeline
industry as well as other industries that require remote
monitoring. Radix develops, designs and markets ultra-rugged
handheld computers, peripherals and portable printers. The markets
served by its products include utilities, transportation logistics,
traffic and parking enforcement, route accounting/deliveries, and
inspection and maintenance. For more information, visit our website
at http://www.elecsyscorp.com/. Safe-Harbor Statement The
discussions set forth in this press release may contain
forward-looking comments based on current expectations that involve
a number of risks and uncertainties. Actual results could differ
materially from those projected or suggested in the forward-looking
comments. The difference could be caused by a number of factors,
including, but not limited to the factors and conditions that are
described in Elecsys Corporation's SEC filings, including the Form
10-KSB for the year ended April 30, 2006. The reader is cautioned
that Elecsys Corporation does not have a policy of updating or
revising forward-looking statements and thus he or she should not
assume that silence by management of Elecsys Corporation over time
means that actual events are bearing out as estimated in such
forward-looking statements. Contact: Todd A. Daniels (913)
647-0158, Phone (913) 647-0132, Fax DATASOURCE: Elecsys Corporation
CONTACT: Todd A. Daniels of Elecsys Corporation, Phone,
+1-913-647-0158, Fax, +1-913-647-0132, Web site:
http://www.elecsyscorp.com/
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