Elecsys Corporation to List Stock on the NASDAQ Stock Market
28 2월 2009 - 6:45AM
PR Newswire (US)
OLATHE, Kan., Feb. 27 /PRNewswire-FirstCall/ -- Elecsys Corporation
announced today that its board of directors has approved the
decision to switch the listing of its common stock from the NYSE
Alternext U.S. LLC (formerly AMEX) to the NASDAQ Stock Market LLC.
Effective as of the close of trading on March 9, 2009, the
Company's shares will commence trading on NASDAQ under the symbol
ESYS. "This decision was reached after careful consideration of
capital market alternatives and analysis of the electronic market
model, which provides added visibility to our investors," said Karl
Gemperli, President and CEO of Elecsys Corporation. "We believe
that NASDAQ's electronic multiple market maker structure will
provide our Company with enhanced exposure and liquidity, while at
the same time providing investors with the fastest execution and
the lowest cost per trade. We are proud to be a part of The NASDAQ
Stock Market." 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, http://www.elecsyscorp.com/. About
NASDAQ NASDAQ is the largest U.S. electronic stock market. With
approximately 3,200 companies, it lists more companies and, on
average, its systems trade more shares per day than any other U.S.
market. NASDAQ is home to companies that are leaders across all
areas of business including technology, retail, communications,
financial services, transportation, media and biotechnology. NASDAQ
is the primary market for trading NASDAQ-listed stocks. For more
information about NASDAQ, visit the NASDAQ website at
http://www.nasdaq.com/ or the NASDAQ Newsroom at
http://www.nasdaq.com/newsroom. 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, 2008. 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: Investor Relations, Todd
A. Daniels of Elecsys Corporation, phone, +1-913-647-0158, fax,
+1-913-647-0132, ; or Media Inquiries, Shelley Bartkoski of Hagen
and Partners, +1-913-642-3715, , for Elecsys Corporation Web Site:
http://www.elecsyscorp.com/
Copyright