EMRISE RECEIVES $1 MILLION ORDER FOR RF FREQUENCY GENERATOR SUBSYSTEMS FROM MAJOR INTERNATIONAL DEFENSE PRIME CONTRACTOR

For Use in an Electronic Systems Application Onboard Navy Ships in Europe

RANCHO CUCAMONGA, California – February 24, 2009 - EMRISE CORPORATION (NYSE Arca: ERI), a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, today announced that it has received a $1 million order for RF (radio frequency) frequency generator subsystems from a major international defense prime contractor. This is a follow-on order for a new generation frequency generator subsystem to be used in an electronic systems application onboard navy ships in Europe. The design phase will begin immediately with initial shipments of product scheduled to begin in the first quarter of 2010.

The order was received from this long standing customer by the company’s U.K.-based subsidiary, Pascall Electronics Ltd., which will design and build the RF sub-systems at its facility on the Isle of Wright in England.

EMRISE President and Chief Executive Officer Carmine T. Oliva said this order, which is part of a multi-year, multi-million dollar program, is an excellent example of EMRISE’s ability to capture follow-on defense business for new programs from its large base of existing US and European defense systems prime contractors. He also said the defense market continues to show robust business opportunities despite the global economic down turn.

”We are especially pleased that we are able to continue to generate orders for multi-year military programs such as this one,” Oliva added. “These orders add to our already large and growing backlog of business and provide the basis for stable longer term production cycles, which ultimately contribute to company growth and profitability.”

About Pascall Ltd

Pascall Electronics Ltd.., a subsidiary of EMRISE Electronics Ltd., provides a range of power systems, RF devices and integrated systems and subsystems for a large number of military and commercial aircraft programs, as well as a variety of military and civilian land- and sea-based applications.

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 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 EMRISE’s ability to deliver the products indicated in this press release beginning in the first quarter of 2010, ability to participate in or benefit from multi-year, multi-million dollar programs, ability for EMRISE to capture follow-on defense business for new programs from its large base of existing US and European defense systems prime contractors, ability for the defense market to provide robust business opportunities despite the global economic down turn, ability to grow our backlog and the ability for orders such as this to provide the basis for stable longer term production cycles, which ultimately contribute to company growth and profitability 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 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
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