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: Todd A. Daniels
(913) 647-0158, Phone
(913) 647-0132, Fax
investorrelations@elecsyscorp.com
ELECSYS CORPORATION APPOINTS ROB O'CONOR NEW VICE
PRESIDENT OF BUSINESS DEVELOPMENT AT DCI SUBSIDIARY
Olathe, Kansas (May 15, 2008) - Elecsys Corporation (AMEX: ASY), announced today
that Robert O'Conor will be joining the Company as Executive Vice President of
Business Development for its DCI, Inc. subsidiary at the end of this month. Mr.
O'Conor is currently the Global Sales Leader for GE Energy Filtration Products.
The business, a provider of custom process management equipment serving
industrial customers worldwide, began in Kansas City as BHA Group and was
acquired by General Electric in 2004. Mr. O'Conor held various engineering and
sales positions with the organization over the last 23 years. Since 1996, Mr.
O'Conor managed global business development efforts and drove annual sales to
over $200 million. Mr. O'Conor holds a bachelor's degree in business technology
from Pennsylvania State University.
Karl B. Gemperli, Chief Executive Officer, commented, "During his time with BHA
and GE Energy, Rob was responsible for meeting sales and margin goals and led
that organization through double-digit annual growth. His business development
expertise and focus on a value-based sales approach for custom engineered
solutions make Rob an ideal fit for DCI's operating model of forming long-term
customer partnerships by providing premium products and unsurpassed service. His
broad experience building high-performance sales teams will be invaluable as we
expand our business and market penetration. We look forward to Rob joining the
DCI team as we accelerate through our next phase of growth."
Phil Schoettlin, DCI's former Vice President of Sales, left the Company on May
13th, 2008.
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 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.