Elecsys Corporation (ASY) - 500 Beiträge pro Seite

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Profile:Elecsys Corporation provides custom electronic interface solutions and electronic manufacturing services to original equipment manufacturers (OEMs) in the medical, aerospace, communications, safety systems, and industrial and consumer product industries. Through its wholly owned subsidiary, DCI, Inc., The company provides a range of design, manufacturing, integration, and testing services to OEMs. Its engineering staff provides hardware design, software design, and component engineering services under contract to OEMs. Its manufacturing processes produce assemblies incorporating both conventional electronic packaging and high-density configurations, including ball grid array and microelectronic technologies. Elecsys also maintains manufacturing capabilities that include automated surface mount technology component placement, automated solder paste application and soldering, automated through-hole component insertion, wire bonded chip on board microelectronic assembly, and complete in-circuit, and functional testing services. The company integrates its customers` electronic assemblies with various specialized interface technologies, such as custom liquid crystal displays (LCDs) and light emitting diode (LED) display arrays; custom keypads; and other user input devices, as well as application specific backlights, and illumination sources. In addition, Its LCD fabrication process produces custom LCDs for various applications. The company was formerly known as Airport Systems International, Inc. and changed its name to Elecsys Corporation in November 2000. Elecsys was incorporated in 1991 and is headquartered in Lenexa, Kansas.

http://www.elecsyscorp.com/

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Elecsys Corporation`s DCI Subsidiary Receives $4 Million Order for New Product
Tuesday October 18, 4:45 pm ET


LENEXA, Kan., Oct. 18 /PRNewswire-FirstCall/ -- Elecsys Corporation (Amex: ASY - News), announced today that the Company`s DCI, Inc. subsidiary received an order totaling more than $4 million from a U.S. based high technology firm to manufacture its newest model hand-held electronic product. The ultra rugged devices, which have an integrated custom liquid crystal display (LCD), are intended for use in harsh environments. DCI will produce the complete end product, including electronic assembly, mechanical integration, and testing.
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The Company plans to ship this order over a period of 18-24 months beginning in the spring of 2006. DCI currently manufactures other products for this customer and expects production of these products to continue on an on-going basis. The total annualized business volume for products sold to this customer are expected to approach $3 million.

Karl Gemperli, President and Chief Executive Officer, commented, "We are excited to build a long term relationship with this customer while we work together to launch this new product. DCI`s commitment to excellence in manufacturing combined with our expertise in integrating custom LCD`s with cutting-edge electronics makes us an ideal partner for this rugged product application."

An Executive Vice President from the customer`s headquarters added, "We selected DCI not only because of their reputation for manufacturing highly reliable products, which is vital in the demanding environments in which our products are used, but also for their proven track record of delivering on their commitments."

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 medical, aerospace, 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 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, 2005. 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.


Contact: Karl B. Gemperli
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Source: Elecsys Corporation