EMRISE's Subsidiary, Pascall Electronics Ltd. Receives Contract from Thales for a Range of RF Product.RANCHO CUCAMONGA Rancho Cucamonga (răn`chō k  'kəmäng`gə), city (1990 pop. 101,409), San Bernardino co., S Calif. , Calif. -- EMRISE CORPORATION (PCX (1) A bitmapped graphics file format that handles monochrome, 2-bit, 4-bit, 8-bit and 24-bit color and uses RLE to achieve compression ratios of approximately 1.1:1 to 1.5:1. Images with large blocks of solid colors compress best under the RLE method. See PC Paintbrush. :ERI Eri (ē`rī), in the Bible, son of Gad. ), a multi-national manufacturer of defense and aerospace electronic components and communication equipment, today announced that its subsidiary, Pascall Electronics Ltd., has received an initial order for $225,000 for newly introduced Microwave Frequency Signal Sources. The order is to be delivered before the end of March 2006. Pascall's range of new Phase-Locked Dielectric Resonator Oscillators (PLDRO) has been well received in the European market place since its recent launch. The applications for these new devices are wide-ranging and cover commercial and military uses across many types of equipment. The range has recently been extended by the addition of a number of new features and enhanced performance. Commenting on the order, Pascall's Managing Director, Len Down said, "We are delighted to receive this order for our new extended product range. This is the result of our commitment to design and manufacture high performance products with substantial market opportunities which meet or exceed customer expectations." Graham Jefferies, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of EMRISE Corporation, said, "Thales is one of EMRISE Corporation's key international customers and a leading player in the commercial and military markets which we target. Securing this contract for our new and expanded PLDRO product we believe is only the first of many applications for this exciting new RF component. We believe the annual market opportunity for this product range in Europe exceeds $5 million. We expect sales of the product in the larger North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. market shortly." About EMRISE CORPORATION EMRISE Corporation is a multi-national manufacturer of defense and aerospace electronic components and communications equipment. EMRISE's electronic components group, which consists of EMRISE Electronics Corporation and its international subsidiaries, provides custom power conversion, RF components and subsystems as well as digital and rotary switches to the North American, European and Asian electronic components market. These products are primarily used for defense, aerospace and industrial applications. EMRISE's communications equipment group, consisting of CXR CXR abbr. chest x-ray CXR, n chest x-ray; an image of the thoracic cavity, produced by an irradiation scan of the upper torso. Larus Corporation and its subsidiary CXR Anderson Jacobson, provides network access, satellite timing and synchronization and transmission products as well as communications test equipment to the North American, European and Asian communications industry. Founded in 1983, EMRISE operates out of facilities in the United States, England, France and Japan. As of December 31, 2005, EMRISE had a total of 331 employees in its various subsidiaries and divisions. Website: www.emrise.com. Listed on ArcaEx(R) under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors : ERI. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 With the exception of historical information, the matters discussed in this press release are 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, the ability of Pascall to sell the PLDRO product line for many additional applications; to design and manufacture high performance products with substantial market opportunity and those factors contained in the "Risk Factors" Section of the company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2005. |
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