EMRISE CORPORATION Subsidiary Receives Additional Orders in Excess of $1.5 Million for On-Board Airline In-Flight Entertainment and Communications Products.RANCHO CUCAMONGA Rancho Cucamonga (răn`chō k 'kəmäng`gə), city (1990 pop. 101,409), San Bernardino co., S Calif. , 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 its subsidiary, Pascall Electronics Ltd., has received additional orders for its in-flight entertainment and communications ("IFEC IFEC In-Flight Entertainment & Communications (aviation)IFEC Incremental Forward Error Correction ") products. These orders are in addition to those recently announced for communications base stations and further demonstrates Pascall's increasing presence in this marketplace. Pascall provides a range of power systems, radio frequency ("RF") components and subassemblies and turnkey subsystems manufacturing for commercial aircraft multimedia IFEC systems. Commenting on the order, Len Down, Managing Director of Pascall Electronics Ltd., said "We are continuing to build on our base of IFEC business. We are seeing increased demand as the airline industry provides multimedia services to a broader audience in new aircraft and we are also seeing an increase in retrofit and refurbishment opportunities." Graham Jefferies, Executive Vice President and Chief Operations Officer, of EMRISE comments, "We are focused on the IFEC market as a primary growth driver within EMRISE Corporation and we are continuing to make progress in building this business." 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 September 30, 2006, Emrise had a total of 300 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, EMRISE Corporation's ability to successfully produce and ship the ordered IFEC products; the continued increase in demand for IFEC products for use in new aircraft and in retrofit and refurbishment of older aircraft; EMRISE Corporation's ability to successfully expand its IFEC business; general market and economic conditions; changes in technology and governmental regulations and policies, competitive products and services; unforeseen technical issues and those factors contained in the "Risk Factors" Section of EMRISE Corporation'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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