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 NEW PRESIDENT AT RADIX SUBSIDIARY
Olathe, Kansas (June 23, 2008) - Elecsys Corporation (AMEX: ASY), announced
today the appointment of Dave Wakefield as the new president of the Company's
Radix Corporation subsidiary. Mr. Wakefield originally joined Radix in November
2007 and has been serving as Vice President of International Business
Development since then.
Prior to joining Radix, Mr. Wakefield was a partner for six years at Sustained
Advantage, Inc., a business development consulting firm based in Lenexa, Kansas.
Earlier, Mr. Wakefield spent 24 years in various business development and
operations management roles at i-Factor, BCC and the Southland Corporation. Mr.
Wakefield holds a bachelor's degree from the University of Kansas.
Karl B. Gemperli, Elecsys' Chief Executive Officer, commented, "Dave's
background in both business development and operations management makes him the
ideal candidate to lead Radix into the future. His broad experience in domestic
and international sales, coupled with his proven skills in business development,
will help propel Radix into its next phase of growth. The leadership and
initiative Dave has demonstrated over the past eight months have generated
significant new opportunities for expansion. We continue to be confident in the
growth potential at Radix and I look forward to working with Dave in his new
role during this exciting period."
Jim Benson, the former president of Radix, will work closely with Mr. Wakefield
during the transition and serve as a technology and market consultant for Radix
in the future.
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 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.
