Elecsys Corporation News

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 in the 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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