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EMRISE CORPORATION ANNOUNCES CHANGE OF AUDITORS RANCHO CUCAMONGA, CALIFORNIA, April 19, 2006- EMRISE CORPORATION (NYSE Arca:ERI), a multi-national manufacturer of defense and aerospace electronic components and communications equipment, today announced that it has discontinued the services of its previous auditors and engaged Hein & Associates LLP (“Hein”) as its new auditors. There were no reportable disagreements on any accounting principles or practices, financial statement disclosure or auditing scope or procedures with the prior auditors. Randolph D. Foote, Chief Financial Officer, stated, “Due to increased audit fees we decided to consider alternative auditing firms that we believe have adequate resources to provide us with the auditing and tax services we require. Our appointment of Hein is expected to result in savings to the Company.” Laurence Finnegan, Jr., Chairman of the Audit Committee, commented, “We are pleased to welcome Hein as our new auditor. Our most recent audit costs had increased substantially. In response to this increase, the Audit Committee decided that it was important to have Mr. Foote implement a thorough search to find a replacement audit firm. We are pleased to accept the proposal from Hein and look forward to a productive working relationship.” Hein & Associates LLP is a full-service accounting and business advisory firm with offices in Southern California, Denver, Houston, and Dallas. For more than 25 years, the firm has provided a comprehensive array of professional services for public and private companies of all sizes, including: • Financial Statement Audit & Review • SEC Reporting • Sarbanes-Oxley Compliance • Tax Planning & Consulting • Litigation/Valuation Advisory Services With a key role in the American Institute of Certified Public Accountants (AICPA), Hein & Associates LLP professionals serve as educators in the business community, regularly conducting informational seminars to keep the business community abreast of changes in the accounting world, including updates on Sarbanes-Oxley compliance matters. 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, including without limitation, anticipated cost savings, 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, increasing and changing financial accounting and reporting complexities and regulations and factors described in the “Risk Factors” Section of the Company’s Form 10-K for the year ended December 31, 2005 and the Company’s other public filings. For further details on the change of auditors, please see the Company’s Form 8-K filing of today.
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