Airport Systems Announces $2.4 Million in Navaid Contract Awards in Brazil.Business Editors OVERLAND PARK, Kan.--(BUSINESS WIRE)--March 13, 2001 Elecsys Corporation (AMEX AMEX See: American Stock Exchange :ASY ASY Ali Sami Yen (Stadium of Galatasaray, Turkey) ASY Assembly Instructions (TMINS) ) announced today that its Airport Systems International, Inc. subsidiary has been awarded navaid contracts by Infraero in Brazil with a total value of $2.4 million. Infraero is a branch of the Brazilian government that manages and maintains commercial airports in the country. In the largest of the contracts, Infraero will purchase 10 CVOR CVOR Commercial Vehicle Operator's Registration CVOR Cardiovascular Operating Room systems. The first phase includes delivery of five systems by April 30, 2001. The second phase of the first contract includes delivery and installation of five systems in 2002. In the second contract, Infraero will purchase one Category II ILS ILS In currencies, this is the abbreviation for the Israeli Shekel. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. system for the international airport at Sao Paolo. This system will be delivered by April 30, 2001. "We are very pleased with the award of these navaid contracts," said Keith Cowan, President and Chief Executive Officer of Elecsys Corporation. "They are especially important because the awards mark Airport Systems' entry into the Brazilian Navaids marketplace." Elecsys Corporation is a designer and manufacturer of electronic components, subassemblies and systems. Its Airport Systems International subsidiary designs, manufactures and implements ground-based radio navigation and landing systems (navaids) and airfield lighting to aid the in-flight navigation and ground movement of aircraft. The Company's DCI (Display Control Interface) An Intel/Microsoft programming interface for full-motion video and games in Windows. It allowed applications to take advantage of video accelerator features built into the display adapter. subsidiary provides contract electronic manufacturing services, standard and custom liquid crystal display liquid crystal display (LCD) Optoelectronic device used in displays for watches, calculators, notebook computers, and other electronic devices. Current passed through specific portions of the liquid crystal solution causes the crystals to align, blocking the passage of light. devices and panel meters to a wide variety of medical electronics, consumer products and aerospace OEMs. |
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