EMRISE CORPORATION RECEIVES $1.2 MILLION IN COMMUNICATIONS PRODUCTS ORDERS FOR EUROPEAN MILITARY CUSTOMERS

Orders Will Contribute to Already Strong Fourth Quarter

RANCHO CUCAMONGA, CA - December 2, 2008 - EMRISE CORPORATION (NYSE Arca: ERI), a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, today announced it has received $1.2 million in orders for network access products for military communications networks in France and the United Kingdom (UK). Shipment of these orders, which were received from existing customers in France and the UK, will begin this month and are expected to be completed by the end of the second quarter 2009.

The orders were received by the Company’s CXR Anderson Jacobson (CXR-AJ) subsidiary located in France. CXR-AJ provides a wide range of communications network access products including new edge network timing and synchronization products sourced from EMRISE’s CXR-Larus subsidiary located in San Jose, CA.

EMRISE President and Chief Executive Officer Carmine T. Oliva said that these orders are for the continuation of major, multi-year up-grade programs for French and UK military networks, which include newer UK military programs.

“We are especially pleased to receive the orders for the French programs since shipments will begin this month and contribute incrementally to our already anticipated strong fourth quarter,” Oliva added. “Since French government spending on these programs had been previously delayed as of mid-year 2008, the timing of the French orders is important as we believe it is a favorable indication of a return to historically higher spending levels for these key programs in 2009.

“Of equal importance, we believe the orders for the newer UK military programs are indicative of a continuation of business for those programs going into 2009,” 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; RF and microwave transmission; digital and rotary switching; network access and timing and synchronization of communications networks. 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 complete shipments for these orders by the end of the second quarter of 2009, ability to continue to benefit from major multi-year military up-grade programs and multi-year up-grade programs for French and UK military networks including newer UK military programs, the ability to begin shipment on this program this month, ability to contribute incrementally to our already anticipated strong fourth quarter, and the receipt of this order being a favorable indication of a return to historically higher spending levels for these key programs in 2009 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, unforeseen changes in customer demand, unforeseen delays in receipt of materials from our vendors, inability of our products to meet customer specifications, changes in the economic, industry or political climate that may negatively impact demand for our future products, changes in military spending by any of the governments ordering our products, failure to achieve strong fourth quarter results, failure of such programs to return to higher spending levels, and those factors contained in the “Risk Factors” Section of the Company’s Form 10-K for the year ended December 31, 2007, and other Company filings.

 

News Archive
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
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