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EMRISE Chairman and Chief Executive Officer Carmine T. Oliva said receipt of this production order follows several development orders received by ACC over the course of two years of developing and qualifying the equipment. He also noted that the Company believes it could receive a number of additional orders for these RF switching subsystems in the future.
"This contract win is yet another for high-value, RF subsystems secured by ACC over the last few years," Oliva added. "Being selected for these programs has been due in large part to the efforts of ACC's highly skilled engineering organization.
"In addition to the broad range of high-quality devices and components developed by EMRISE engineers in all of our operations, our engineering teams throughout the Company are repeatedly demonstrating their expertise at using our device and component-level products to develop complex solutions to meet the demanding requirements of our customers' commercial and military business," Oliva said.
ACC develops and supplies a wide variety of RF and microwave devices and subsystems for use in a number of military, government and commercial applications, including satellite communications, weather satellites, radar systems, flight simulators and radio controlled improvised explosive device (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 news release during the fourth quarter of 2009 and to complete such shipments by the end of the second quarter of 2010, and the receipt of additional orders for the products discussed in this press release in the future 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 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 www.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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