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Electronic Systems Technology, Inc. Announces Newly Elected Members to the Board of Directors

KENNEWICK, Wash., June 12, 2015 (GLOBE NEWSWIRE) -- Electronic Systems Technology, Inc. (EST) (OTC:ELST), manufacturer of the ESTeemTM product line of narrow band licensed, Ethernet licensed, and unlicensed wireless modems, is pleased to announce the election of Theodore Deinard and Barry Knott to the Board of Directors, states Tom Kirchner, President.

Theodore Deinard was elected as a Director on June 5, 2015. Mr. Deinard joined Quadrant in 2008 and is responsible for making investments and overseeing companies at the firm. Mr. Deinard holds Director level positions in multiple portfolio companies along with Executive level roles at certain times. Mr. Deinard is also President of QFMI Management, Inc., an alternative investment management firm, controlled by an affiliate of Quadrant. Previously, Mr. Deinard was a Director at Citigroup Global Markets. He holds a BA from Yale University.

Barry R. Knott was elected as a director on June 5, 2015. He is the Chief Executive Officer of Lifeloc Technologies, Inc., located in Denver, Colorado, and has extensive experience in general management, and particularly sales and marketing. Previous experience includes positions as the President and CEO of Cognitive Solutions, Inc.; Vice President of Sales and Marketing for Wide Format Printing (Nashua Corporation); Vice President and General Manager of Zebra Technologies Corporation; and several other similar positions. He holds an MBA degree from Queens University, Ontario, Canada, and a BA degree from the University of New Brunswick, New Brunswick, Canada.

Electronic Systems Technology, a publicly held corporation since 1984, was the first company to develop the wireless modem and receive the United States and Canadian patents for this technology. Contact EST Marketing for more details.

For more details, contact: Laura Pedersen, pedersen@esteem.com or 509-735-9092 x100.

Source:Electronic Systems Technology, Inc.