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Wednesday, Jan 29, 2009 FOR IMMEDIATE RELEASE:
EMRISE RECEIVES $2.6 MILLION AWARD FROM FAA AS PART OF PROGRAM TO
UPGRADE COMMUNICATIONS TECHNOLOGY IN NATION’S CONTROL NETWORKS
Initial Release of Three-Year Contract Calls for Second Quarter 2009
Delivery
of Halcyon Universal Data Test Sets Valued at More Than
$830,000RANCHO CUCAMONGA, California – January 29, 2009 -
EMRISE CORPORATION (NYSE Arca: ERI), a multi-national manufacturer of
defense and aerospace electronic devices and communications equipment,
today announced that it has been awarded a $2.6 million three-year
contract by the Federal Aviation Administration (FAA) to supply a custom
featured version of the Company’s Halcyon Universal Data Test Set
(704A-NTS1/FAA/SS) to be installed as part of a multi-year,
multi-billion dollar program to upgrade the communications and test
technology in the nation’s commercial and military aviation control
networks.
EMRISE Chief Executive Officer Carmine T. Oliva said the contract
provides for an initial release of Test Sets valued at more than
$830,000, which are scheduled to be delivered in the second quarter of
2009. He also said the Company expects to receive a subsequent release
within the next few months for delivery later this year of additional
Halcyon Universal Data Test Sets valued at more than $800,000, with the
balance of the units covered by the award to be delivered over the term
of the contract.
The contract was received by the Company’s CXR Larus Corporation (CXR
Larus) subsidiary of San Jose, CA, which develops and supplies
telecommunications equipment including network timing and
synchronization products, network time servers, network access equipment
and test equipment for both public and private networks on a worldwide
basis.
In addition to the Halcyon Universal Test Sets that make up this award
from the FAA, EMRISE also sells a number of other communications
products to major systems integrators who incorporate them into the
systems they install in control towers as part of the FAA upgrade
program.
. “This award from the FAA, one of our significant and long term
customers, demonstrates the continued confidence and value that the FAA
places in CXR Larus products and systems for its advanced network
deployment, and reinforces the value of CXR Larus technology in a very
diverse and mission-critical marketplace,” Oliva said. “In addition,
this award and the initial releases contribute to an already strong and
growing 2009 Company revenue outlook and backlog.”
About the Halcyon Universal Data Test Set
The Halcyon 704A is a “Three Personality” test system offering TIMS,
Digital Data (DDS) or T1 test capability singularly or all three
combined into a single unit. Model 704A-NTS1/FAA/SS contains all three
test capabilities, replacing up to a dozen legacy FAA test sets,
allowing technicians to carry a single instrument to local or remote
circuit access locations. With up to 4 hours battery life, the 704A
comes complete with all cables required for standard test access. Since
all capabilities are built-in, there are no modules to swap, so
technicians can instantly make changes without power-cycling the unit.
The 704A may also be managed by Remote Control software Graphical User
Interface (standard on model 704A-NTS1/FAA/SS), allowing automated
setup, capture and storage of test results, and periodic results capture
for long-term circuit analysis.
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
all 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.
Contact: EMRISE Corporation John Donovan Vice President Finance and Administration
(909) 987-9220 ext. 3201
JDonovan@emrise.com
or
Allen & Caron Inc Dan Matsui (investors) Len Hall (media)
949-474-4300
D.Matsui@allencaron.com Len@allencaron.com
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