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Last updated on June 1, 2012 at 14:18 EDT

Dewey Electronics Mourns Passing of Co-Founder and Chairperson Frances Dewey

July 29, 2009
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OAKLAND, N.J., July 29 /PRNewswire-FirstCall/ — The Dewey Electronics Corporation (OTC Bulletin Board: DEWY) is saddened to announce the death of the Company’s Chairperson of the Board of Directors and Secretary, Mrs. Frances D. Dewey. Frances passed away on Saturday, July 25, 2009, at the age of 82.

Mrs. Dewey and her late husband, Gordon C. Dewey, co-founded Dewey Electronics in 1955 as a systems oriented research and development organization that designed and built electronic and electromechanical equipment for use by the U.S. Navy and Air Force. Today the Company operates in a number of diversified product areas providing a wide range of military systems products to various agencies of the U.S. Department of Defense.

John H.D. Dewey, son of Frances and Gordon, has led the Company as President and Chief Executive Officer since 2002, and has been a member of its Board of Directors since 1999.

“The Company extends its deepest sympathy to John Dewey and to Mrs. Dewey’s other children, Frances W. Dewey and Frederick R. Dewey. Frances will be missed by all that had the pleasure of working with her,” said John B. Rhodes, a member of the Company’s Board of Directors.

Funeral arrangements are pending and will be made public by the family.

About The Dewey Electronics Corporation

The Dewey Electronic Corporation, founded in 1955, is a diversified manufacturer of sophisticated electronic and electromechanical systems for the military. Visit our website at www.deweyelectronics.com.

This release contains forward-looking statements as defined in Section 21E of the Securities and Exchange Act of 1934, including statements about future business operations, financial performance and market conditions. Such forward-looking statements involve risks and uncertainties including those involved in the Company’s dependence upon its Department of Defense business, as further described in our filings under the Securities Exchange Act.

    KCSA        Garth Russell
    CONTACT:    (212) 896-1250
                grussell@kcsa.com
                www.kcsa.com

SOURCE The Dewey Electronics Corporation


Source: newswire