Hockway International Ltd. to be sole distributor and sales/service partner in Middle East, North Africa and Central Asia OLATHE, Kansas, Nov. 5 /PRNewswire-FirstCall/ -- Elecsys Corporation (AMEX:ASY), announced today at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) that its NTG subsidiary has appointed Hockway International as the sole distributor and sales and service partner for its WatchDog CP remote monitoring system in the Middle East, North Africa and Central Asia. The wireless, internet-based Watchdog CP system monitors cathodic protection (CP) and corrosion control systems on oil and gas pipelines and equipment and provides prompt notification of alarm conditions anywhere in the world through GSM cellular and satellite network communications. NTG President Mike Reed commented, "The WatchDog CP system has been very successful in North America since its introduction in 2007. We are looking forward to partnering with Hockway due to the company's solid reputation for providing cathodic protection equipment to pipeline systems in this region of the world." Hockway International Ltd., based in the United Arab Emirates, operates out of the U.A.E., Saudi Arabia and the United Kingdom. The company offers a complete cathodic protection package from initial investigative survey through engineering design, manufacture of equipment, site installation and commissioning of systems. Hockway International Chief Executive Officer Alistair Ketner stated, "The WatchDog CP is a cost-effective, reliable monitoring system that complements our products. We believe it will add tremendous value for our customers. There is a growing need for remote monitoring of CP systems in our market area." Karl Gemperli, President and Chief Executive Officer of Elecsys, added, "NTG entered the international market this past summer with our first installation of remote monitoring systems for the Abu Dhabi National Refining Company. We believe this partnership with Hockway will give us the opportunity to establish our presence in a key region of the world where significant pipeline construction activity is planned." 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, 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, 2008. 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, +1-913-647-0158, or fax, +1-913-647-0132, , or media, Shelley Bartkoski of Hagen and Partners, +1-913-642-3715, , both for Elecsys Corporation Web site: http://www.elecsyscorp.com/

Copyright

Elecsys (AMEX:ASY)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Elecsys Charts.
Elecsys (AMEX:ASY)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Elecsys Charts.