Elecsys Corp. posts higher sales
Elecsys Corp. posted higher sales—though its earnings were almost the same-for the first quarter of the fiscal year 2008. The Olathe manufacturer earned $174,000 on $4.79 million in revenues for the period of three months that ended on July 31. Last year, the company's earnings were $169,000 on $3.86 million in sales. Elecsys operates two subsidiaries: DCI Inc. and NTG Inc. DCI Inc. makes custom electronic assemblies, including liquid crystal displays, for a variety of industries. NTG Inc. designs wireless remote-monitoring equipment for the gas and oil pipeline industry, as well as other sectors. Both subsidiaries posted sharp sales increases, and a pending acquisition of Radix International Corp. is expected to make Elecsys even more diverse.
Apple sells one-millionth iPhone
Only 74 days after its smartphone's official release, Apple has logged its one-millionth iPhone sale. The one-millionth iPhone was sold on September 9, weeks ahead of Apple's own forecast. Apple dropped the price of the 8GB iPhone to $399—a 33% cut—from the original retail price of $599. According to the research firm iSuppli, the device accounted for 1.8% of all handset sales in the month of July. Apple plans to release the iPhone in Europe by the end of 2007.
Lime Energy appoints new director of sales and marketing
Lime Energy Co. has announced the appointment of Dave Laybourn as director of sales and marketing. In his new position, Laybourn will be responsible for a national sales platform across all products and services. Prior to joining Lime Energy, Laybourn served Rain Bird Landscape Drip, a leading manufacturer and provider of irrigation products and services. In his most recent role, Laybourn worked as a product development manager and was responsible for increasing sales across company drip irrigation product lines. Lime Energy is one of the leading energy efficiency technology and engineering companies.
