|
EMRISE CORPORATION Announces Its Common Shares Now Trade on the NYSE Arca Exchange; EMRISE’s Stock Will Continue to Trade Under the Ticker Symbol ‘ERI’ RANCHO CUCAMONGA, CALIFORNIA, March 29, 2006- EMRISE CORPORATION (NYSE Arca:ERI), a multi-national manufacturer of defense and aerospace electronic components and communications equipment, today announced that by virtue of its previous listing on the Archipelago Exchange (ArcaEx) in August 2005, the company’s common stock now trades on NYSE Arca, formerly known as ArcaEx. NYSE Arca is operated by the NYSE Group Inc., which was created as a result of the recently completed merger between Archipelago Holdings, Inc. and the New York Stock Exchange, Inc. Carmine T. Oliva, Chairman, President and CEO, stated: “We are especially pleased to be associated with the NYSE Group Inc. through a listing on their NYSE Arca exchange. We believe the NYSE Arca exchange will continue as an innovative all-electronic regulated national exchange and will provide investors with continued unprecedented openness and transparency to the companies it lists. We further expect rigorous new requirements for listing that will attract larger desirable companies to list on the exchange, as well as other improvements to the exchange.” About EMRISE CORPORATION EMRISE Corporation is a multi-national manufacturer of defense and aerospace electronic components and communications equipment. EMRISE’s electronic components group, which consists of EMRISE Electronics Corporation and its international subsidiaries, provides custom power conversion, RF components and subsystems as well as digital and rotary switches to the North American, European and Asian electronic components market. These products are primarily used for defense, aerospace and industrial applications. EMRISE’s communications equipment group, consisting of CXR Larus Corporation and its subsidiary CXR Anderson Jacobson, provides network access, satellite timing and synchronization and transmission products as well as communications test equipment to the North American, European and Asian communications industry. Founded in 1983, EMRISE operates out of facilities in the United States, England, France and Japan. As of February 28, 2006, EMRISE had a total of 328 employees in its various subsidiaries and divisions. Website: www.emrise.com. Listed on NYSE Arca under the ticker symbol: ERI. Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of EMRISE CORPORATION could differ from those statements. Factors that could cause or contribute to such differences include, but are not limited to, the NYSE Arca exchange continuing as an innovative all-electronic regulated national exchange and will provide investors with continued unprecedented openness and transparency, that rigorous new listing requirements will attract larger desirable companies to list on this exchange, and that other improvements will be made to the exchange and those factors contained in the “Risk Factors” Section of the company’s Form 10-K for the year ended December 31, 2004.
|
