|
FOR IMMEDIATE RELEASE: Press Release Source: EMRISE
Corporation  
EMRISE Corporation Announces
Extension to TiemPo(TM) Range of Network Timing Products
Thursday April 3, 8:45 am ET
First Product from Recently Announced Agreement with Brilliant
Telecommunications; Helps Position Company to Address Areas of World
with Large and Growing Market Opportunities RANCHO CUCAMONGA, Calif.--(BUSINESS WIRE)--EMRISE CORPORATION (NYSE
Arca: ERI), a designer, manufacturer and marketer of proprietary
electronic devices and communications equipment for aerospace, defense,
industrial, and communications applications, launched the StarSync™
6850 to the International Press at the recent CeBit 2008
international trade fair in Hanover, Germany. The StarSync™ 6850
will be available for shipment in late Q2 2008.
The StarSync™ 6850 is the first new product in the
TiemPo™ line of network synchronization and timing products to be
released by EMRISE as a result of
the Company’s product development and marketing agreement with Brilliant
Telecommunications, which was formally announced earlier this week at
the CTIA Wireless convention in Las Vegas.
Carmine T. Oliva, President and CEO of EMRISE, commented, “Our
subsidiaries CXR Larus Corporation (U.S.) and CXR AJ (France) first
launched our ground breaking international TiemPo™ range of products to
the international press at CeBit last year. The new Starsync 6850
released at CeBit this year is a strategically important international
extension to the TiemPo™ line, as it helps position the Company to
address areas of the world with large and growing market opportunities.
And we are especially pleased to have introduced our first new product
from Brilliant Telecommunications, which provides us with top flight
functionality and significantly shortens our time to market.”
StarSync 6850 is a primary reference source/primary reference
clock/NTP-PTP Server that provides an accurate and independent time
source without the need for expensive Rubidium or Cesium oscillators.
. “Since we initially introduced the TiemPo™ product line to the North
American market 15 months ago, it has enjoyed excellent customer and
market acceptance from all segments of the communications market,” Oliva
added. “We have moved from just being a supplier of synchronization and
timing systems to the North American market, to now being a provider of
an even broader range of state-of-the-art, feature-rich products to the
international market as well.”
..Datasheet for the
StarSync 6850
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. Safe Harbor Statement under the Private Securities Litigation Reform
Act of 1995
With the exception of historical information, the matters discussed in
this press release, including without limitation EMRISE’s ability to
ship the StarSync™ 6850 by late Q2 2008, ability for EMRISE to use the
StarSync™ 6850 to address areas of the world with large and growing
market opportunities, and the ability to be a provider of an even
broader range of state-of-the-art, feature-rich products to the
international market, are all 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,
unforeseen technical issues, unforeseen development delays, unforeseen
delays in StarSync™ 6850 component availability, lack of demand from
domestic or international markets for a products such as StarSync™ 6850,
failure of the StarSync™ 6850 to perform its functions as designed,
quality issues, competition from similar existing or future products by
our competitors, and those factors contained in the “Risk Factors”
Section of the Company’s Form 10-K for the year ended December 31, 2006,
and other Company filings.
Contact: EMRISE Corporation
John Donovan, 909-987-9220 ext. 3201
Vice President Finance and Administration
JDonovan@emrise.com
or
Allen & Caron Inc
949-474-4300
Dan Matsui (investors)
D.Matsui@allencaron.com
Len Hall (media)
Len@allencaron.com
|
