Hickok Incorporated Announces Large Order And Shareholder Approval
CLEVELAND, Oct. 11, 2012 /PRNewswire/ — Hickok Incorporated (OTC QB: HICKA), announced today that the Company received an Order for over $1,350,000 for a product for a large automotive OEM. In addition on October 11, 2012 shareholders approved revised Articles of Incorporation and Amended and Revised Code of Regulations of the Company.
Robert L. Bauman, President and CEO, stated, “We proposed addressing an OEM’s need with a unique technology to help technicians access certain important automotive signals for diagnostic purposes. Our proposal not only offered a better way to access the signals to acquire the needed information for the technician it overcame certain component issues compared to other approaches to the product. The Order we believe is indicative of an improved business outlook for the Company and we plan to leverage this success in our markets. In addition the shareholder approval of our revised Articles of Incorporation and Amended and Revised Code of Regulations gives us the flexibility to pursue other elements of our strategic plans. We plan to use this flexibility to pursue other opportunities to increase our business and shareholder value.”
About Hickok Incorporated
Hickok, is a Cleveland based supplier of high quality test, measurement, diagnostic products and services for the automotive, truck, emissions testing, locomotive, and aircraft industries. The Company provides its products through a variety of distribution channels including automotive service centers, distributors, and private label arrangements to technicians throughout North America in addition to producing locomotive and aircraft products directly for a number of North American OEM manufacturers.
SOURCE Hickok Incorporated