EMRISE CORPORATION NEW TRADING SYMBOL WILL BE EMRIDURHAM, NC - February 22, 2011 - EMRISE CORPORATION (NYSE Arca: ERI), a multi-national manufacturer of defense, aerospace and industrial electronic devices and communications equipment, announced that it was notified by FINRA today that the Company's common stock will begin trading on the OTC Bulletin Board (OTCBB), a nationally recognized electronic trading market, under the trading symbol EMRI at the open of the market on Wednesday, February 23, 2011. EMRISE Chairman and Chief Executive Officer Carmine T. Oliva said trading of the Company's common stock on the OTCBB follows the Company's recently announced voluntary delisting from NYSE Arca, which will be effective at the close of the market today, and FINRA's recent approval of the Form 211 application filed by a market maker. To provide improved transparency and visibility into the trading activity of EMRISE common stock, the Company directs its stockholders and interested investors to www.otcmarkets.com where they can access real time quotes and market trading activity on EMRISE stock, including real time Level II quotes from various market makers. "The financial and operational strength of the Company has improved dramatically over the last several months, and we see improving prospects for business in 2011, due in part to indications of increasing growth in some of our key markets," Oliva said. "Our order rates have recently been better than ever as demonstrated by the nearly $8 million in orders announced in December and January, and we entered 2011 with a record backlog from continuing operations. Due to the long delivery lead times of many of our custom-built products, we expect our growing backlog will drive meaningful increases in revenue and profitability in the latter half of 2011." He also noted that the Company believes the successful execution of its plans to grow revenue and profits organically and through strategic mergers and acquisitions will have a positive impact on the trading liquidity of its shares and increase stockholder value. "Long term, our strategic objectives also call for the future listing of EMRISE common stock on a national exchange," Oliva added. About EMRISE Corporation Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
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