Elecsys Corporation's NTG Subsidiary Appoints Hockway International as Distribution Partner in Middle East
November 05 2008 - 9:15AM
PR Newswire (US)
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/
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