
For Immediate Release:
EMRISE's Subsidiary, CXR Larus Corporation, Receives $600,000 Order for
Halcyon Brand Universal Telecommunications Test Instruments From Major
US Governmental Systems Contractor.
Order Reflects CXR Larus Dominance of “T1 and Lower Capacity" Test
Instruments for the Governmental Services Sector. RANCHO CUCAMONGA, CALIFORNIA, October 20, 2006- EMRISE CORPORATION
(PCX:ERI), a multi-national manufacturer of defense and aerospace
electronic components and communication equipment, today announced that
its subsidiary, CXR Larus Corporation, has received a $600,000 follow-on
order for its flagship Halcyon Universal Test Set, the 704A-NTS1 from
Multimax Inc., an international enterprise IT and communications
cervices company. Half of the order is for immediate delivery and the
balance is scheduled in 2007. Because of strong T1 digital and analog
test features, contractors in the governmental services sector can
employ the 704A-NTS1 to service a broader range of test requirements
with a single test instrument.
Larry Taillie, President of CXR Larus Corporation, commented:
"The Halcyon 704A-NTS1 is very popular with US Governmental Agencies,
especially the FAA, and outside contractors who service complex
governmental networks. Our differentiation can be attributed to fully
integrated modules for dozens of service types, and depth of analog
features. CXR Larus’ competitors must sell a wide range of
interchangeable modules to meet our product’s functionality, and yet
competitors still lack the broad analog test capabilities found in the
704A-NTS1. Modules associated with competing units are often misplaced
or unavailable, causing lost productivity while the technician searches
for modules or installs them in the instrument. However, with the
704A-NTS1 all modules are integrated and always available, eliminating
technician down time.” Taillie continued, “CXR Larus maintains a
competitive edge in the $12 million annual market for our test equipment
of which we hold an approximate 30% market share. Multimax is a
significant, respected member of the communications service industry and
we are pleased to equip them with our test products to serve
governmental service customers.”
Carmine T. Oliva, CEO of EMRISE Corporation, commented: "The
Halcyon product line is an important brand for EMRISE and has been a
mainstay test product for the FAA for many years. We are very pleased
with yet another validation of our worth to the marketplace with this
sizeable order in the governmental services sector. CXR Larus products
have a strong foothold in US Governmental Agencies. As governmental
contractors continue to ramp up operations, we anticipate positive
growth for our test instruments business.”
Eric Nixon, Operations Managerfor Multimax adds, “The Halcyon
704A-NTS1 can replace several pieces of test equipment, reducing the
number of instruments on our trucks and simplifies air travel for our
technicians. We are also pleased with the responsiveness of CXR Larus as
we integrate the 704A-NTS1 into our growing workforce.”
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, 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 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 August 31, 2006, EMRISE had a total of
300 employees in its various subsidiaries and divisions. Website: www.emrise.com. Listed on NYSE Arca® under the ticker symbol: ERI.
About Multimax
Multimax is the premier resource for performance-based enterprise IT and
communications services and solutions supporting the Department of
Defense, federal civilian agencies, and state and local government
entities, including, among others: U.S. Navy, U.S. Marine Corps, U.S.
Air Force, U.S. Army, Department of Homeland Security, Department of
State, Department of Veterans Affairs and Federal Aviation
Administration. Based in Herndon, Va., Multimax offers clear value over
the full technology lifecycle, with proven expertise and execution
meeting the highest professional standards. For more information
regarding Multimax, please visit
www.multimax.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 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, CXR
Larus Corporation’s ability to maintain its competitive strength in the
test equipment market; the extent to which governmental agencies
continue to increase operations resulting in increased growth within
this market space for CXR Larus Corporation’s products; 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 for the year ended December
31, 2005.
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