WX SYSTEMS DIRECTORS ANNOUNCE STRATEGY FOR 2004

13th October 2003.

 

Wx Systems Directors and Management attended a meeting in London today to discuss the strategy for the company for the next twelve months.  Estimated figures for the financial year just completed indicate that the company has improved its revenues in the areas of training and maintenance revenue, as compared to last year.  Said Julian Lee, Investor Director, “The aviation market has been in terrible shape for the last two years and Wx Systems has managed to retain its position as the leading procedure design service company in the face of stiff competition and a punitive economic environment”.  Chief Executive Officer Patrick M. Aisher, stated that “Wx Systems will be gaining more contracts in the consulting and service side of our business in late 2003, and 2004, as is illustrated by the new contract we have signed with Skyguide in Switzerland”. 

 

The meeting was called by Wx Systems Chairman, Richard Reynolds, and attended by all Directors, Management, and staff.