2007 Elecsys News
|
 |
May 11, 2007
Olathe, Kansas (May 11, 2007) – Elecsys Corporation (AMEX: ASY) announced today that its NTG, Inc. subsidiary received over $800,000 in orders from multiple customers during April for its new Pipeline Watchdog wireless remote monitoring system. The new system, introduced at the international NACE Corrosion 2007 Expo in March, features small, wireless ‘mesh’ sensors that simplify installation and dramatically reduce the possibility of lightning damage. The system transmits data to NTG’s secure WatchdogCP Web Monitor website via either the worldwide standard GSM cellular network or the Inmarsat D+ satellite network where it can be accessed by customers over the Internet. These communications technologies enable the NTG Pipeline Watchdog remote monitoring system to be deployed anywhere in the world.
Mike Reed, President of NTG, Inc. stated “The market reception to the Pipeline Watchdog system has exceeded our expectations. Customers are attracted to its approach to lightning and surge isolation, its ease of deployment, and its ability to monitor other pipeline parameters by simply deploying additional wireless ‘mesh’ sensors. Additionally, our ability to deliver systems worldwide is attracting broader market interest.”
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 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.
|
