Elecsys Corporation's Radix Subsidiary Announces $2.6 Million Order for Shipment to South Africa
07 7월 2008 - 11:15PM
PR Newswire (US)
OLATHE, Kan., July 7 /PRNewswire-FirstCall/ -- Elecsys Corporation
(AMEX:ASY), announced today that its Radix Corporation subsidiary
has received a $2.6 million order to supply a newly developed
configuration of its flagship FW900 handheld computing product to
Transnet, a world-class transport and logistics company that
operates the railways, ports and pipelines throughout South Africa.
The new variant of this industry leading ultra-rugged handheld
computer, developed in partnership with the South Africa-based
Computer Foundation, integrates both global positioning system
(GPS) and radio frequency identification(RFID) technologies with
cutting-edge data communication techniques. Radix President Dave
Wakefield commented, "The vast and growing market for logistics
tracking and management solutions demands an ultra-rugged handheld
computing solution. This market is one of several that we have
identified where users have become dissatisfied with less rugged
mobile computing solutions and Radix is well-positioned to meet the
increasing need for truly rugged devices. We look forward to
working closely with both Computer Foundation and Transnet to
ensure the success of this project and enhance our relationship
with these outstanding organizations." This order, to be delivered
by the end of October, is the initial phase of a larger Transnet
project that could generate similar orders for Radix over the next
three years, as Transnet expands its infrastructure as an integral
part of the growing South African economy. Radix is a recognized
leader in providing ultra-rugged and reliable handheld computing
devices for use in harsh environments where data integrity is
paramount. Karl Gemperli, president and chief executive officer of
Elecsys, added, "Since our acquisition of the Radix business nine
months ago, we have made targeted investments in engineering
development that could expand our business into additional markets.
Being selected to work on this project with Transnet and Computer
Foundation is a major accomplishment for the team at Radix. We are
optimistic about the future growth potential at Radix and will
continue to invest in new regions, markets, and business partners."
Computer Foundation specializes in designing, developing and
deploying integrated geographic information systems and business
data management solutions worldwide. The Radix handheld computers
will be part of a nationwide logistics tracking system that
Computer Foundation is developing for the South African Freight
Rail division of Transnet. 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 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,
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 Media Inquiries Contact: Shelley Bartkoski Hagen and
Partners (913) 642-3715 DATASOURCE: Elecsys Corporation CONTACT:
Investors, Todd A. Daniels of Elecsys Corporation, +1-913-647-0158,
fax, +1-913-647-0132, ; or Media, Shelley Bartkoski of Hagen and
Partners, +1-913-642-3715, , for Elecsys Corporation Web site:
http://www.elecsyscorp.com/
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