EMRISE CORPORATION PLANS TO RELEASE AUDITED 2008 FOURTH QUARTER AND FULL YEAR RESULTS AND HOLD CONFERENCE CALL ON APRIL 15

Company Will File Form 12b-25 with SEC for 15-Day Extension to File Form 10-K

RANCHO CUCAMONGA, CALIFORNIA – March 31, 2009, EMRISE CORPORATION (NYSE Arca: ERI), a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, announced today that it plans to release its audited financial results for the fourth quarter and year ended December 31, 2008, before the market opens on Wednesday, April 15, 2009, and plans to host a conference call at 11:30 a.m. Eastern Daylight Time that same day.

EMRISE also announced that it was unable to complete its consolidated financial statements for the year ended December 31, 2008 and thus file its annual report on Form 10-K in a timely manner due to the time required to complete the sale of substantially all the assets of its Digitran Division and all the capital stock of its XCEL Japan Ltd. sales subsidiary on March 20, 2009 and also due to the fact that, pursuant to the terms of a forbearance agreement with its senior lender, the Company has not completed a pending amendment to set new financial covenants under the Company’s credit facility as necessitated by the completion of the Digitran sale. As a result, EMRISE will file a Form 12b-25 with the Securities and Exchange Commission seeking an extension of time to file its 2008 Annual Report on Form 10-K. EMRISE expects to file its Form 10-K by April 15, 2009, in compliance with Rule 12b-25.

EMRISE management had previously announced the Company’s intention to release its audited financial results for the fourth quarter and year ended December 31, 2008, and hold a conference call to discuss those results by March 31. EMRISE President and Chief Executive Officer Carmine T. Oliva said, “We had hoped we would be able to finish everything by March 31, but as it turned out, due to the additional work associated with the Digitran transaction and the need to amend our credit facility to set new financial covenants as a direct result of the sale of the Digitran assets and the stock of XCEL Japan, we were not able to complete and file our 2008 Form 10-K by the March 31, 2009 deadline. We do plan to file the Form 10-K by April 15, 2009 and hold a conference call that same day, during which we intend to discuss our 2008 financial results, certain cost reduction activities, the continuing favorable performance of our acquisition of Advanced Control Components, the favorable impact of the sale of Digitran and its valuation implications and our optimistic outlook and plans for 2009.”

Conference Call and Webcast

To join the April 15 conference call, dial toll-free (877) 407-0778 five minutes prior to the scheduled start time. For callers outside the United States, dial (201) 689-8565. A live webcast of the call may also be accessed at http://www.investorcalendar.com/IC/CEPage.asp?ID=143242. An archived replay of the webcast will be available shortly after the call through the same web link listed above or via telephone toll free at (877) 660-6853 and for callers outside the U.S. 201-612-7415, conference ID # 318991 and account number 286. The telephone replay of the conference call will be available for 14 days and the webcast replay will be available for 90 days from the date of the call.

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 signal processing; network access and timing and synchronization of communications networks. Primary growth driver applications for EMRISE products include commercial aviation “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 and France. The Company has built a worldwide base of customers including a majority 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 the ability for EMRISE to release its audited financial results for the fourth quarter and year ended December 31, 2008 before the market opens on Wednesday, April, 15, 2009, and/or the ability to host a conference call that same day, ability to successfully complete the its pending amendment to financial covenants with its senior lender, and the ability to file its Form 10-K by April 15, 2009 in compliance with Rule 12b-25, 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 an inability to complete its 2008 audit in a timely manner, inability to reach consensus with its senior lender regarding financial covenants or other matters necessary to finalize its credit facility amendment, or inability to complete all the necessary work to file its Form 10-K by April 15, 2009. Readers should also consider 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.

 

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