EMRISE Corporation Announces Date for Annual
Stockholders Meeting; Signs Agreement to Extend
Senior Debt Maturity Date
Stockholders to Vote on Approval of Sale of Advanced Control Components
August 04, 2010 08:33 AM Eastern Daylight Time
EATONTOWN, N.J.--(EON: Enhanced Online News)--EMRISE CORPORATION (NYSE Arca:ERI), a multi-
national manufacturer of defense, aerospace and industrial electronic devices and communications equipment, today
announced that its Annual Meeting of Stockholders will be held at 11:30 A.M. Eastern Time on Monday, August
30, 2010, at the Staybridge Suites in Eatontown, NJ. EMRISE also announced today that it has signed an
agreement with its principal lender to extend the maturity date of the Company's term and revolving debt from July
31, 2010 to August 31, 2010.
The Company’s Board of Directors has set the close of business on July 30, 2010 as the record date for determining
those stockholders entitled to vote at the 2010 annual meeting. Only holders of EMRISE common stock at the close
of business on the record date are entitled to vote at the meeting. Stockholders whose shares are held in the name of
a broker or other nominee and who desire to vote in person at the meeting should bring a legal proxy with them.
Stockholders will be asked to consider and vote on the following important proposals:
1. To approve and adopt the Stock Purchase Agreement (the "Purchase Agreement"), dated as of June 7, 2010,
by and among Aeroflex Incorporated (the "Buyer") and EMRISE Electronics Corporation (the "Seller")
relating to the sale of all of the issued and outstanding shares of common stock of Advanced Control
Components, Inc. ("ACC") and all of the issued and outstanding shares of common stock of Custom
Components, Inc. ("CCI"), an 80% owner of ACC.
2. To elect Laurence P. Finnegan, Jr. as a Class II director to serve a three-year term on the Company's Board
of Directors.
3. To consider and vote upon a proposal to ratify the selection of BDO USA, LLP, our independent regi