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Corporate Overview Emrise Corporation is an international manufacturer of defense and aerospace electronic components and subsystems and telecommunications equipment. is The company is organized in two operational groups, electronic components and telecommunications. Emrise’s electronic components group, which comprises EEC Corporation and its international subsidiaries, provides custom power conversion products, digital and rotary switches and subsystem assemblies and RF and microwave components and subsystems to the global electronic components market primarily for defense, aerospace and industrial applications. Emrise’s telecommunications group, consisting of CXR Larus and its subsidiary CXR Anderson Jacobson provides network access products, test equipment and synchronisation and timing systems to the telecommunications industry worldwide. Founded in 1983, the Company operates out of facilities in the U.S., France, the U.K. and Japan. EEC Corporation and its international subsidiaries, Emrise's electronic components group, design, manufacture and markets custom power conversion products, digital and rotary switches and subsystem assemblies and RF and microwave components and subsystems. Applications include aircraft cockpit heads up displays and other aerospace solutions for projects such as "Stealth" and other fixed and rotary wing military aircraft as well as applications such as In flight Entertainment Systems for commercial aircraft such as Boeing in the US and Aerospatiale aircraft models in Europe .In addition, EEC provides a wide array of solutions for many other non-aerospace commercial and industrial applications. CXR Larus, the group's US-based telecommunications subsidiary, designs, manufactures and markets and timing and synchronisation systems and telecommunications test instruments. It offers a broad product line to the telecommunications market, providing a range of high-performance analogue and digital test instruments for the installation, maintenance and monitoring of network services and a range of sophisticated synchronisation and timing systems to meet the needs of the telecommunication infrastructure. Products are sold to the public carriers, independent telephone companies, private corporations, public utilities, transport and governmental and other communications network applications in the USA and around the world. CXR Anderson Jacobson the group's France-based telecommunications subsidiary, designs, manufactures and markets a complete range of network access products from IP to TDM including a range of high speed multiplexers, a range of secure encrypted devices for POS and Military applications, DSL products, ISDN products, interface converters (CSU, DSU), channel banks, remote access servers, terminal servers and routers. These products are offered as freestanding units or in managed configurations using Simple Network Management Protocol and, most recently, Internet Protocol. The equipment is employed by businesses, government agencies and others to transmit data, voice and video within local area and wide area networks. Growth Strategy Emrise pursues a product and geographic diversification strategy balancing the risks of each of its business groups. The strategy is to increase revenue and earnings, while continuing to focus on reinforcing core business and operating as international business units to maximize the return on Emrise's worldwide presence. In order to do so, Emrise is implementing a three-point strategy for growth.
Emrise is active in North America and Europe with manufacturing and marketing facilities. The markets in the two areas are not on the same cycle, meaning a slowdown in one geographic area is likely to be offset by strong growth in the other. We are also present in the Asian market, with our newer Japanese facilities. Although they account for only a small portion of our sales at the moment, we expect Japan and the developing economies of Asia to be major markets for Emrise's products in the medium term.
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