COMARCO Announces New Airport Management Contract.SANTA ANA Santa Ana, city, El Salvador Santa Ana (sän'tä ä`nä), city (1993 pop. 129,873), W El Salvador. It is the second largest city in the country and the commercial and processing center for a sugarcane, coffee, and cattle region. , Calif.--(BUSINESS WIRE)--April 29, 1999-- COMARCO Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CMRO CMRO Current Medical Research and Opinion (journal) CMRO Concerned Motorcycle Riders of Ohio CMRO Canadian Mud Racing Organization CMRO Certified Medical Review Officer CMRO Complex Maintenance, Repair & Overhaul ) Thursday Thursday: see week. announced that Comarco Services, a subsidiary of COMARCO Inc., has been awarded a contract to operate and manage the Altoona/Blair County, Pa., Airport. The Blair Blair , Anthony Charles Lynton Known as "Tony" Born 1953. British lawyer, politician, and Labour Party leader who was elected prime minister in 1997. County Airport Authority, and the Blair County Board of Commissioners made the award on April 26, 1999. Comarco Services Inc. will commence management of the airport on June June: see month. 1, 1999. The contract is for five years, with two five-year options. The contract has been valued at over $5.6 million (with the options). The Altoona/Blair County Airport is an air carrier airport serviced by U.S. Air Express commuter flights. Airport Authority Chairman Don Ruggery stated, "It's something I wanted from the beginning. As a result of this, you'll find a much bigger and better airport with less taxes for the taxpayers of Blair County." Richard Loomis, president of Comarco Services, stated that, "Comarco plans to increase utilization of the facility's assets, especially the airport's terminal building. This new contract brings the number of general aviation and air carrier airports run by Comarco Services to 12." Except for historical information contained herein, the matters set forth in this news release are forward looking statements that involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward looking statements. Investors are directed to consider a detailed description of risks and uncertainties facing the company discussed in documents filed by the company with the Securities and Exchange Commission. For additional information, contact Don Bailey, president, chief executive officer and chairman of COMARCO at 714/796-1800 or the Shareholder Information Office at 714/796-1818. COMARCO's Web site can be found at www.cmro.com. |
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