Elecsys Corporation Announces Remote Monitoring System Order for U.S. Department of Defense
OLATHE, Kan., March 7, 2011 /PRNewswire/ -- Elecsys Corporation (Nasdaq: ESYS), a developer and manufacturer of machine to machine (M2M) data acquisition, telemetry, analysis systems, and custom electronic assemblies for critical industries, announced today that it received an order for remote monitoring systems to be delivered to the United States Department of Defense. This initial order for fifty (50) WatchdogVIP remote monitoring units will be deployed to monitor cathodic protection systems used by the United States Navy and the United States Marine Corps throughout the world. Elecsys expects to ship the systems within the next two months. Roughly half of the equipment is destined for use on domestic military bases and the other half is slated for deployment overseas.
Karl B. Gemperli, Chief Executive Officer, commented, "We are excited about this initial order for Elecsys remote monitoring equipment for the Department of Defense. Our dependable and field-proven WatchdogCP wireless monitoring systems are ideally suited for harsh conditions and remote locations and we believe they will be a reliable long-term solution. The U.S. military represents a significant business opportunity for Elecsys and we anticipate additional orders in the near term."
About Elecsys Corporation
Elecsys Corporation provides innovative machine to machine (M2M) communication technology solutions and custom electronic equipment for critical industrial applications worldwide. Elecsys proprietary equipment and services encompass rugged wireless remote monitoring, wireless industrial communication, mobile computing, and radio frequency identification (RFID) technologies that are deployed wherever high quality and reliability are essential. Elecsys also provides integrated displays and custom electronic assemblies for diverse applications in multiple industries. Its primary markets include energy production and distribution, safety and security systems, agriculture, transportation, aerospace, and natural resource management. Elecsys develops, markets, and supports proprietary technology and products under the Pipeline Watchdog, Radix, eXtremeTAG, SensorCast, Director, and DCI brand names. 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-K for the year ended April 30, 2010. 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 |
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(913) 647-0158, Phone |
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(913) 647-0132, Fax |
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Media Inquiries Contact: |
Mary Ann Roe |
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(913) 647-0158, Phone |
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(913) 982-5766, Fax |
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SOURCE Elecsys Corporation
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