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RCIED jamming systems are designed to prevent the detonation of improvised explosive devices (IEDs). Often called roadside bombs, IEDs wound or kill substantial numbers of people in military conflicts and terrorist attacks around the world.
EMRISE Chairman and Chief Executive Officer Carmine T. Oliva said, "This latest order for RF devices represents yet another opportunity for the Company to generate revenue from a key U.S. Military force protection program. Over the last 12 months we have received more than $8 million in orders for several types of RF devices used in vehicle-mounted RCIED jamming systems for combat vehicles."
Oliva also noted that prior to this order, the latest was a $1.4 million order in late September that was also received by the Company's Advanced Control Components, Inc. (ACC) subsidiary. ACC develops and supplies a wide variety of RF and microwave devices for a number of military and commercial applications, including RF devices used in RCIED jamming systems.
About Advanced Control Components, Inc
Advanced Control Components, based in Eatontown, New Jersey, is a supplier of high performance radio frequency (RF) and microwave devices and subsystems serving the military, aerospace, commercial and instrumentation markets for more than 26 years. For more information go to www.advanced-control.com.
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; radio frequency (RF) and microwave signal processing; and network access and timing and synchronization of communications networks. Primary growth driver applications for EMRISE products include the use of its RF devices in radio-controlled improvised explosive device (RCIED) jamming systems, and the use of its Network Timing and Synchronization products in edge networks. EMRISE serves customers in North America, Europe and Asia through operations in the United States, England and France. The Company has built a worldwide base of customers including a majority 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 begin shipments of the products described in this release during the fourth quarter of 2009 and to complete such shipment by January, 2010, ability to continue to participate in the RCIED jamming market. 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 changes in customer demand, unforeseen delays in receipt of materials from our vendors, inability of our products to meet customer specifications, changes in the economic, industry or political climate that may negatively impact demand for our future products, and those factors contained in the "Risk Factors" Section of the Company's Form 10-K for the year ended December 31, 2008, and other Company filings.
SOURCE: EMRISE Corporation
EMRISE Corporation John Donovan Chief Financial Officer 732-387-5790 jdonovan@emrise.com or Allen & Caron, Inc Rene Caron (investors) Len Hall (media) 949-474-4300 rene@allencaron.com len@allencaron.com
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