Exhibit 99.1 |
NEWS RELEASE
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846 N. Mart-Way Court, Olathe, Kansas 66061 Phone: 913-647-0158 Fax: 913-647-0132
investorrelations@elecsyscorp.com
FOR IMMEDIATE RELEASE:
Contact: Karl B. Gemperli
(913) 647-0158, Phone
(913) 647-0132, Fax
investorrelations@elecsyscorp.com
ELECSYS CORPORATION ANNOUNCES NEW SALES VICE PRESIDENT AT DCI SUBSIDIARY
Olathe, Kansas (February 20, 2007) - Elecsys Corporation (AMEX: ASY), announced
today that Phillip Schoettlin has joined the Company as Vice President of Sales
for its DCI, Inc. subsidiary. Mr. Schoettlin was formerly Business Development
Manager for Suntron Corporation, a provider of contract electronic manufacturing
services headquartered in Phoenix, Arizona. Mr. Schoettlin has over 15 years of
diverse experience in sales and marketing management for various organizations
in several industries. Mr. Schoettlin earned both his bachelor's degree and
master's degree from the University of Arkansas.
Karl B. Gemperli, Chief Executive Officer, commented, "Phil's business
development experience and record of success in developing new customer accounts
in the electronic manufacturing services industry makes him an ideal addition to
the DCI management team. His sales management expertise complements DCI's
demonstrated operational strengths and will assist us in accelerating our
expansion as we continue to grow DCI's customer base. We look forward to working
with Phil as DCI moves into the next phase of growth."
Elecsys Corporation is a publicly traded holding company with two wholly owned
subsidiaries, DCI, Inc. and NTG, Inc. DCI designs, manufactures, and integrates
custom electronic interface solutions for original equipment manufacturers in
the aerospace, medical, communications, industrial product, and other
industries. DCI has specialized capabilities to design and efficiently
manufacture custom electronic assemblies which integrate a variety of interface
technologies, such as custom liquid crystal displays, light emitting diode
displays, and keypads, with circuit boards and other electronic components. NTG
designs, markets, and provides remote monitoring solutions for the gas and oil
pipeline industry as well as other industries requiring remote monitoring
solutions. For more information, visit our website at 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.
