Published:
Elecsys Corporation Named to FORTUNE Small Business List of 100 Fastest Growing Small Public Companies
OLATHE, Kan., July 1 /PRNewswire-FirstCall/ -- Elecsys Corporation
(Amex: ASY), announced today that FORTUNE Small Business (FSB) magazine has
ranked the Company 84th on its annual FSB 100 list of the fastest growing
small public companies in America. Elecsys operates three wholly owned
subsidiaries, DCI, Inc., NTG, Inc., and Radix Corporation.
To compile the annual list, FORTUNE Small Business enlisted financial
research firm Zacks to rank public companies with revenues less than
$200 million and a stock price of more than $1, based on their percentage
growth in earnings, revenue, and total return to investors over the past three
years. The eighth annual list appears in the July/August issue of FORTUNE
Small Business.
"We are honored to be recognized by FORTUNE Small Business for the
continued growth and stockholder earnings potential of our three business
subsidiaries," said Karl B. Gemperli, Elecsys president and chief executive
officer. "We are excited about the potential of our products as they continue
to deliver consistent results in the aerospace, energy, mobile computing,
security and transportation industries."
This is the second year Elecsys has been included on the prestigious list.
Gemperli added, "We thank our employees for their dedication and on-going
commitment to quality that enables us to be ranked among the top small public
companies inthe United States."
To learn more about the FSB 100, visit
http://money.cnn.com/magazines/fsb/fsb100/2008/index.html, or see the
July/August 2008 print edition of FORTUNE Small Business.
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 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, 2007. 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
(913) 647-0158, Phone
(913) 647-0132, Fax
investorrelations@elecsyscorp.com
Media Inquiries Contact: Shelley Bartkoski
Hagen and Partners
sbartkoski@hagenandpartners.com
(913) 642-3715
SOURCE Elecsys Corporation
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Copyright © 2008, NewsBlaze,
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