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International Business: Elecsys Buys Technology License

June 25, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Elecsys Corp. (NASDAQ: ESYS), a developer of machine to machine data acquisition, telemetry, and analysis systems, said it has acquired a technology license from Eurotech, Inc. to provide the Director Series of SCADA communication gateways to the oil, gas, and energy markets.

Eurotech is a subsidiary of Italy-based Eurotech Group S.p.A..  

According to Elecsys, the development broadens the firm’s portfolio of proprietary, rugged remote monitoring and communications equipment offered to the energy sector.

As part of this partnership with Eurotech, Elecsys has a perpetual license to provide the technology, manufacture, and support the Director Series products within the energy sector.

Elecsys plans to further develop this product line with new technology and applications for the Director and new HCP related products. In addition to new system implementations, Elecsys said it will provide technical expertise, engineering support, training, and maintenance services to existing Director Series users.

Kansas-based Elecsys provides machine to machine communication technology solutions and custom electronic equipment for critical industrial applications worldwide.

Elecsys proprietary equipment and services encompass rugged remote monitoring, wireless communication, mobile computing, and radio frequency identification technologies that are deployed wherever high quality and reliability are essential.

Elecsys also provides integrated displays and custom electronic assemblies to numerous industries worldwide. 

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