EMRISE CORPORATION SECURES FIRST ORDERS FROM NORTH AFRICAN COUNTRY FOR MILITARY COMMUNICATIONS EQUIPMENT

Strategically Important and Potentially Large Market Opportunity

RANCHO CUCAMONGA, CALIFORNIA, - February 20, 2008 - EMRISE CORPORATION (NYSE Arca: ERI), a designer, manufacturer and marketer of proprietary electronic devices and communications equipment for aerospace, defense, industrial, and communications applications, today announced that it has secured orders of $750,000 for its network access products from customers in French-speaking North African countries, including its first orders in the region for its edge network communications equipment for the military, which the Company believes to be a new and potentially significant market opportunity. A substantial percentage of these new orders are for a new military communications system from one of the largest countries in the region.

The Company’s French subsidiary CXR Anderson Jacobson (CXR-AJ) generated a record $9.6 million in revenue in 2007 including approximately $4 million in military revenue for European countries. CXR-AJ also does business in seven French-speaking countries in North Africa, which, until these most recent orders, was primarily for public telecommunications infrastructure networks.

EMRISE Chairman, President and CEO Carmine T. Oliva characterized the Company’s entry into the military market in North Africa as the achievement of a major strategic milestone to expand its military business beyond Europe. “We see a number of large opportunities for military applications in the larger French-speaking countries of North Africa, and we believe our relationship with one of the largest countries in the region can serve as a strong endorsement for our company and our products,” Oliva said.

About EMRISE CORPORATION

EMRISE designs, manufactures and markets electronic devices, sub-systems and equipment for aerospace, defense, industrial and communications markets. EMRISE products perform key functions such as power supply and power conversion; digital and rotary switching; RF and microwave transmission; and network access, including timing and synchronization of communications networks carrying wireline, wireless, and cable data, voice, and video. Primary growth driver applications for EMRISE products include commercial avionic “In-Flight Entertainment and Communications” products and communications “Network Timing and Synchronization” equipment. EMRISE serves customers in North America, Europe and Asia through operations in the United States, England, France and Japan. The Company has built a worldwide base of customers including all of the Fortune 100 in the U.S. that do business in markets served by EMRISE and many similar-size companies in Europe and Asia. For more information go to www.emrise.com.

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 EMRISE’s ability to ship network access products to military or other markets in North Africa, ability for military markets to become a significant market opportunity for EMRISE, and the ability to develop additional military related opportunities in French-speaking countries of North Africa are all 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, unforeseen technical issues, import / export issues with France and/or North African countries, failure to secure additional business, (military or otherwise), from North African countries, and those factors contained in the “Risk Factors” Section of the Company’s Form 10-K for the year ended December 31, 2006, and other Company filings.

 

News Archive
2001
2002
2003
2004
2005
2006
2007
2008
i-ntarsia managed site
About EMRISE
Mission
Management
History
Corporate Structure
Corporate Governance 
Operating Groups
Telecommunications
Electronic Components
Locations
Corporate Overview
Stockholder Info
Management
SEC Filings
Stock Quote
FAQ
Calendar of Events
Information Request
News
Corporate Press Releases
Interviews & Presentations
Earnings Conference Calls
Investment Reports
Press Pictures
Press Contacts
Contact