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Emrise Corporation

driven by shareholder value

Emrise Corporation

driven by shareholder value

Emrise Corporation

News Releases

Current News: Click on titles below to view the releases
  • EMRISE CORPORATION REDUCES SIZE OF BOARD OF DIRECTORS; PROVIDES UPDATE ON PLAN OF DISSOLUTION

    WOODBRIDGE, NJ – May 18, 2016 – EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) (EMRISE or the Company), announced today that the Company, as planned, has reduced the size of its Board of Directors from three Directors to one with the resignations of Julie A. Abraham and Otis W. Baskin, effective, May 17, 2016.  Frank P. Russomanno will remain on the Board and continue to serve as the Executive Director of the Company.

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  • EMRISE CORPORATION ANNOUNCES SECOND LIQUIDATION DISTRIBUTION TO STOCKHOLDERS

    WOODBRIDGE, NJ – April 19, 2016 – EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) (EMRISE or the Company), announced today that it has instructed its paying agent, VStock Transfer, LLC (Paying Agent), to begin the process of sending the previously announced second liquidation distribution of $0.36 per share (the Distribution) to its stockholders of record as of the close of business on July 7, 2015. 

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  • EMRISE CORPORATION ANNOUNCES DATE AND AMOUNT OF SECOND LIQUIDATION DISTRIBUTION TO STOCKHOLDERS

    WOODBRIDGE, NJ – March 15, 2016 – EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) (EMRISE or the Company), today announced that the Company expects to make a second liquidation distribution to its stockholders in the amount of $0.36 per share (approximately $3.9 million in the aggregate) during the week of April 19, 2016 (the Distribution).  Stockholders of record as of the close of business on July 7, 2015 will be entitled to receive the Distribution. 

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  • EMRISE CORPORATION CLOSES SALE OF CXR ANDERSON JACOBSON IN FRANCE

    WOODBRIDGE, NJ – February 18, 2016 – EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) (EMRISE or the Company), today announced that it has completed the sale (the Transaction) of all of the issued and outstanding stock of CXR Anderson Jacobson S.A.S. based in France (CXR-AJ) to Carmine T. and Georgeann Oliva (the Purchaser), pursuant to the terms of a Stock Purchase Agreement dated February18, 2016 (the Purchase Agreement).  Mr. Oliva is the former chairman and CEO of EMRISE Corporation and he was also the President of CXR-AJ.

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  • EMRISE CORPORATION SIGNS LETTER OF INTENT TO SELL CXR-ANDERSON JACOBSON IN FRANCE

    WOODBRIDGE, NJ – December 28, 2015 – EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) (“EMRISE” or the “Company”), today announced that it has signed a Letter of Intent to sell all of the issued and outstanding stock of CXR Anderson Jacobson S.A.S. based in France (“CXR-AJ”) to Carmine T. and Georgeann Oliva or an entity that would be wholly owned by them (the “Purchaser”). Oliva is the former Chairman and CEO of EMRISE Corporation, and he was also the President of CXR-AJ.

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