CXR LARUS CORP. GETS ADDITIONAL ORDERS FOR STARCLOCK.
Commenting on the recent orders, EMRISE's chairman, president and CEO, Carmine T. Oliva, said, "Through continuing orders like these and based on the potential we see for further penetration of the Asia-Pacific market beyond Taiwan, EMRISE continues to receive validation of its strategy to enter the market for carrier class network timing and synchronization products by acquiring Larus Corporation in July 2004. We look forward to a continuing relationship with Hitron that will allow both companies to further expand the distribution of other CXR Larus communication products, including network access products produced by our French subsidiary, CXR-Anderson Jacobson."
Larry Taillie, president of CXR Larus Corporation, commented, "The partnership with Hitron has allowed CXR Larus to achieve a dominant market share for advanced timing solutions in Taiwan. We believe this order evidences a commitment to the continuing build-out and upgrade of the Taiwan public carrier network. With the help of Hitron, we expect to continue our success in Taiwan, which we believe will provide an evolving platform for distribution of other CXR Larus products elsewhere in the Asia-Pacific market through the Hitron channels."
About EMRISE Corporation
EMRISE Corporation is a multi-national manufacturer of defense and aerospace electronic components and subsystems and communications equipment. EMRISE's electronic components group, which includes EMRISE Electronics Corporation and its international subsidiaries, provides custom power conversion and RF component and subsystem products, digital and rotary switches and subsystem assemblies to the North American, European and Asian electronic components market and are primarily used for defense, aerospace and industrial applications. EMRISE's communications group, consisting of CXR Larus Corporation and CXR-Anderson Jacobson, provides network access and transmission products, communication timing and synchronization products and 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 April 30, 2005, EMRISE had a total of 322 employees in its various subsidiaries and divisions.
For more information, visit http://www.emrise.com or call 909/987-9220, ext. 3201.
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|Title Annotation:||Hitron Technologies Inc.|
|Date:||Jul 1, 2005|
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