EMRISE Corporation Named One of Los Angeles’ Fastest Growing Technology Companies in Deloitte’s “Technology Fast 50” Program

RANCHO CUCAMONGA, CALIFORNIA, October 3, 2007 - EMRISE CORPORATION (NYSE Arca:ERI), a multi-national manufacturer of defense, aerospace and industrial electronic devices and communications equipment, today announced that it has been named to Deloitte’s prestigious “Technology Fast 50” program for Los Angeles, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in the region by Deloitte & Touche USA LLP, one of the nation’s leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2002 to 2006.

This year’s Los Angeles “Technology Fast 50” program is co-presented by Deloitte & Touche USA LLP and Bowne, Cresa Partners, Montgomery & Co, Focus Creative, Stradling Yocca Carlson & Rauth, Attorneys at Law and Union Bank of California, in association with the Technology Council of Southern California.

EMRISE Corporation’s CEO, Carmine T. Oliva, credits growth in the aerospace and defense market complemented by innovative new products and acquisitions with the company’s percentage revenue growth from 2002 to 2006. Oliva said, “We are pleased to be recognized by Deloitte and its co-sponsors with this award and we hope to achieve an even higher growth rate and ranking in the 2008 program year based upon our expected revenue growth in 2007.”

EMRISE Corporation’s increase in revenues of 105% from 2002 to 2006 resulted in EMRISE being ranked 41 in the “Technology Fast 50” for Los Angeles, up from 50% increase in revenues and a ranking of 42 in 2006. Deloitte’s Los Angeles “Technology Fast 50” companies have shown the strength, vision and tenacity to succeed in today’s very competitive technology environment,” said Tony Buzzelli, Regional Managing Partner, Deloitte & Touche LLP in Los Angeles. “We applaud the success of EMRISE Corporation and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years.”

To qualify for the “Technology Fast 50”, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company’s operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies’ technology or intellectual property in a unique way does not qualify.

Winners of the 16 regional “Technology Fast 50” programs in the United States and Canada are automatically entered in Deloitte’s “Technology Fast 500” program, which ranks North America’s top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte’s “Technology Fast 50” or “Technology Fast 500” programs, visit www.fast500.com.

About EMRISE CORPORATION

EMRISE Corporation is a multi-national manufacturer of defense, aerospace and industrial electronic devices and communications equipment. EMRISE’s electronic devices group, which consists of EMRISE Electronics Corporation and its international subsidiaries, provides power conversion, RF devices as well as digital and rotary switches to the North American, European and Asian electronic market. EMRISE’s communications equipment group, consisting of CXR Larus Corporation and its subsidiary CXR Anderson Jacobson, provides network access and timing and synchronization products 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 August 31, 2007, EMRISE had a total of 303 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, EMRISE’s ability to achieve revenue growth during 2007 in an amount large enough to both qualify for the 2008 “Technology Fast 50” program and achieve a ranking higher than the ranking it achieved for 2007; general market and economic conditions; changes in technology and governmental regulations and policies, competitive products and services; unforeseen technical issues; and those factors contained in the “Risk Factors” Section of EMRISE’s Form 10-K for the year ended December 31, 2006.

 

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