PASSUR Aerospace, Inc. announced several senior additions to its management team to support the company's long-term strategic plan to drive customer value and company revenue growth. Matthew A. DeLellis has been hired as Chief Growth Officer, Louis J. Petrucelly has been hired as Senior Vice President and Chief Financial Officer, and David M. Henderson has been promoted to Chief Product Officer. Mr. DeLellis joins the company as Chief Growth Officer, where he will initially be responsible for providing broader and more complete customer solutions through partnerships and alliances.

These new relationships will also help to scale company's solution suite to reach more customers, both domestically and internationally. Mr. DeLellis previously was Senior Vice President of Strategy & Corporate Development at Landmark Aviation. Mr. DeLellis has over twelve years of public company and portfolio company experience across multiple industries and has been a leader in the execution of several organic and inorganic growth strategies throughout his career.

Previously, he served as the Vice President and Treasurer at Cardtronics, Inc. and began his professional career as an investment banker with Lehman Brothers. Mr. Petrucelly rejoins the company after spending almost ten years at FalconStor Software, Inc., serving most recently as Executive Vice President, Chief Financial Officer and Treasurer. Prior to FalconStor, Mr. Petrucelly spent time in senior financial positions at both Granite Broadcasting Corporation and PASSUR, where he was CFO from 2002 to 2004.

He began his career with Ernst & Young, LLP. Mr. Henderson joined the company last year as Chief Financial Officer and is moving into the newly created role of Chief Product Officer, where he will work with company's sales, account management, product management, and marketing teams to drive the execution of PASSUR's strategic plan, improve product positioning and commercialization, and articulate PASSUR's solutions' value to the marketplace.