EMRISE CORPORATION Announces Its Common Shares Now Trade on the NYSE Arca Exchange; EMRISE's Stock Will Continue to Trade under the Ticker Symbol 'ERI'.RANCHO CUCAMONGA, Calif. -- EMRISE CORPORATION (NYSE Arca:ERI Eri (ē`rī), in the Bible, son of Gad. ), a multi-national manufacturer of defense and aerospace electronic components and communications equipment, today announced that by virtue of its previous listing on the Archipelago Exchange (ArcaEx) in August 2005, the company's common stock now trades on NYSE Arca, formerly known as ArcaEx. NYSE Arca is operated by the NYSE NYSE See: New York Stock Exchange Group Inc., which was created as a result of the recently completed merger between Archipelago Holdings, Inc. and the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , Inc. Carmine carmine /car·mine/ (kahr´min) a red coloring matter used as a histologic stain. indigo carmine indigotindisulfonate sodium. car·mine n. T. Oliva, Chairman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , stated: "We are especially pleased to be associated with the NYSE Group Inc. through a listing on their NYSE Arca exchange. We believe the NYSE Arca exchange will continue as an innovative all-electronic regulated national exchange and will provide investors with continued unprecedented openness and transparency to the companies it lists. We further expect rigorous new requirements for listing that will attract larger desirable companies to list on the exchange, as well as other improvements to the exchange." 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 North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. , 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 February 28, 2006, EMRISE had a total of 328 employees in its various subsidiaries and divisions. Website: www.emrise.com. Listed on NYSE Arca 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 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 NYSE Arca exchange continuing as an innovative all-electronic regulated national exchange and will provide investors with continued unprecedented openness and transparency, that rigorous new listing requirements will attract larger desirable companies to list on this exchange, and that other improvements will be made to the exchange and those factors contained in the "Risk Factors" Section of the company's Form 10-K for the year ended December 31, 2004. |
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