EMRISE CORPORATION NAMES MARTIN BLAKE MANAGING DIRECTOR OF UK-BASED PASCALL ELECTRONICS SUBSIDIARY
Brings International Experience in High Technology Product Development, Manufacturing, Operations, Sales and Marketing
DURHAM, NC – February 28, 2013…EMRISE CORPORATION (OTCBB: EMRI), a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, announced today that veteran engineering, product development and operations executive Martin Blake has been named Managing Director of Pascall Electronics, Ltd., a UK-based subsidiary that is part of the Company’s Electronic Devices business segment.
Blake has spent more than 35 years in the global electronics market building a depth of engineering, operations, sales and marketing experience. He assumes the role of Managing Director of Pascall from Richard Weller, who has served in the dual capacity as Managing Director of both Pascall and Xcel Power Systems, Ltd. Blake reports to Richard Weller who remains Managing Director of Xcel.
“Martin is a seasoned managing director and he brings EMRISE proven leadership in the management of high technology product development and international experience in manufacturing and the formation of strategic alliances,” said EMRISE Chief Executive Officer Carmine T. Oliva. “During his career, he has also worked with many of our most important customers in the U.S. and Europe, which will be particularly valuable to us.
“I would also like to commend Richard Weller for his important work as Managing Director of Xcel and Pascall,” Oliva added. “Most importantly, Richard has managed to effectively and synergistically tie these two business units together, thereby helping us achieve the steady improvement in our operating performance that we enjoyed throughout 2012. Thanks to Martin’s arrival, Richard now has the opportunity to devote more of his time to Xcel.”
For the past two years, Blake has been a management consultant providing a variety of services in the areas of business strategy, risk management, and product/market analysis. Previously, Blake spent six years as Managing Director of Elma Electronics Ltd., the UK arm of the Switzerland-based Elma Group, where his primary role was developing Elma’s UK operation and its custom engineering business in the Defense and Electronics markets.
From 2001-2004, Blake was Business Development Manager of UK-based Mektron Systems Ltd., now Elma-Mektron, where he led the company’s commercial efforts with high-end industrial and aerospace/defense contractors. From 1998-2001, Blake was Chief Technical Officer/VP Engineering of APW Inc., a UK-based electronics products and services company.
Blake is a chartered engineer and member of the Institution of Engineering and Technology (IET). He earned a degree in Electrical and Electronics Engineering from the University of Bath.
About Pascall Electronics, Ltd.
Pascall designs and manufactures custom and standard power supplies and RF (radiofrequency) and microwave devices, systems and sub-systems. Pascall is internationally known for its high reliability cabin and electronics bay power supplies, especially for the IFE&C (In-flight Entertainment and Connectivity) market. Its custom-built, high-reliability power supplies and other electronic devices are also used in military applications for land- and sea-based guided weapons systems, unmanned aerial vehicles, tanks, fighting vehicles and avionics, as well as in applications for the commercial aviation, industrial, marine, space and transport markets.
About EMRISE Corporation
EMRISE designs, manufactures and markets electronic devices, sub-systems and equipment for aerospace, defense, industrial and communications markets. EMRISE electronic devices products perform key functions such as power supply and power conversion, and radio frequency (RF) and microwave signal processing. Its electronic devices and communications equipment products are used in a range of applications including on-board In-Flight Entertainment and Connectivity systems, and network access to public and private communications networks. EMRISE serves its base of customers in Europe, North America and Asia through operations in England, France and the United States. For more information, go to www.emrise.com.
EMRISE common stock trades under the symbol EMRI on OTCQB. Real-Time quotes and Level 2 information for EMRISE stock can be found at www.otcmarkets.com, or on the Company’s website at http://www.emrise.com/investor_relations/stock_quote/index.htm.
Safe Harbor Statement under Private Securities Litigation Reform Act of 1995
With the exception of historical information, matters discussed in this press release, including without limitation EMRISE’s belief that Martin Blake’s previous work with many of the Company’s most important customers in the U.S. and Europe will be particularly valuable to EMRISE, are forward-looking statements involving risks and uncertainties. Actual future results of EMRISE could differ from those statements. EMRISE also refers you to those factors contained in the "Risk Factors" Section of EMRISE's Annual Report on Form 10-K for the year ended December 31, 2011, its Quarterly Reports on Form 10-Q, Current Reports on Form 8-K filed recently, and other EMRISE SEC filings.