The Dewey Electronics Corporation News

Dewey Electronics Receives New Contract to Integrate APU and ECU for Tactical Idle Reduction Demonstrator

OAKLAND, N.J., June 23 PRNewswire-FirstCall — The Dewey Electronics Corporation (OTC Bulletin Board: DEWY), a small business concern, located in Oakland, NJ, announced today the award of a $475,000 subcontract from MTC Technologies. The award is part of the U.S. Government's support of the Tactical Idle Reduction for Heavy Tactical Vehicles Technology Transition Initiative (TTI) Program.

Under the terms of the agreement, Dewey is serving as lead integrator to develop an Auxiliary Power Unit (APU) that provides 5kW of power, and integrates an Auxiliary Environmental Control Unit (ECU) with 1.5 tons of air conditioning and 2kW of heating. The project will be evaluated by the U.S. Army for potential use in the Next Generation Line Haul Family of Vehicles.

The TTI program is conducted by the U.S. Army Communications-Electronics RD&E Center (CERDEC), Command and Control Directorate (C2D), Army Power Division, in conjunction with the Project Manager for Heavy Tactical Vehicles (PM-HTV). The program is focused on evaluating new technologies that are expected to result in an idling reduction demonstrator to be integrated with the Next-Generation M915 and Family of Line Haul HTV's. This demonstrator includes both an APU as well as an auxiliary ECU to enable the conservation of fuel during idling periods of long haul mission execution.

The ECU is being provided to Dewey by AMETEK Rotron. Dewey is performing the engineering development for this demonstration system at its Oakland, NJ facility and the project is expected to be completed and delivered to the U.S. Army by November of 2008.

About The Dewey Electronics Corporation

The Dewey Electronic Corporation, founded in 1955, is a diversified manufacturer of sophisticated electronic and electromechanical systems for the military. Visit our website at www.deweyelectronics.com.

This release contains forward-looking statements as defined in Section 21E of the Securities and Exchange Act of 1934, including statements about future business operations, financial performance and market conditions. Such forward-looking statements involve risks and uncertainties including those involved in the Company's dependence upon its Department of Defense business, as further described in our filings under the Securities Exchange Act.

KCSA Joseph A. Mansi / Garth Russell CONTACT: (212) 896-1205 / (212) 896-1250 jmansi@kcsa.com / grussell@kcsa.com www.kcsa.com

SOURCE The Dewey Electronics Corporation

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