Elecsys Corporation Named to FORTUNE Small Business List of 100 Fastest Growing Small Public Companies
July 01 2008 - 10:15AM
PR Newswire (US)
Olathe-based company receives national recognition for second
straight year OLATHE, Kan., July 1 /PRNewswire-FirstCall/ --
Elecsys Corporation (AMEX:ASY), announced today that FORTUNE Small
Business (FSB) magazine has ranked the Company 84th on its annual
FSB 100 list of the fastest growing small public companies in
America. Elecsys operates three wholly owned subsidiaries, DCI,
Inc., NTG, Inc., and Radix Corporation. To compile the annual list,
FORTUNE Small Business enlisted financial research firm Zacks to
rank public companies with revenues less than $200 million and a
stock price of more than $1, based on their percentage growth in
earnings, revenue, and total return to investors over the past
three years. The eighth annual list appears in the July/August
issue of FORTUNE Small Business. "We are honored to be recognized
by FORTUNE Small Business for the continued growth and stockholder
earnings potential of our three business subsidiaries," said Karl
B. Gemperli, Elecsys president and chief executive officer. "We are
excited about the potential of our products as they continue to
deliver consistent results in the aerospace, energy, mobile
computing, security and transportation industries." This is the
second year Elecsys has been included on the prestigious list.
Gemperli added, "We thank our employees for their dedication and
on-going commitment to quality that enables us to be ranked among
the top small public companies in the United States." To learn more
about the FSB 100, visit
http://money.cnn.com/magazines/fsb/fsb100/2008/index.html, or see
the July/August 2008 print edition of FORTUNE Small 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
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, 2007. 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. Investor Relations Contact: Todd A.
Daniels (913) 647-0158, Phone (913) 647-0132, Fax Media Inquiries
Contact: Shelley Bartkoski Hagen and Partners (913) 642-3715
DATASOURCE: Elecsys Corporation CONTACT: Investor Relations, Todd
A. Daniels of Elecsys Corporation, +1-913-647-0158, fax,
+1-913-647-0132, ; or Media Inquiries, Shelley Bartkoski of Hagen
and Partners, +1-913-642-3715, , for Elecsys Corporation Web site:
http://www.elecsyscorp.com/
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