EMRISE Corporation Announces Extension of
Due Date of Loan with Principal Lender from
June 30, 2010 to July 16, 2010
June 21, 2010 08:48 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 has signed an agreement with its principal lender to extend the maturity date of the Company’s
term and revolving debt from June 30, 2010 to July 16, 2010.
EMRISE President and Chief Executive Officer Carmine T. Oliva said this extension provides the Company with
additional time to seek stockholder approval for the sale of Advanced Control Components, Inc. (ACC), which was
announced on June 8.
“Our management team, along with the Company’s team of advisors, are all working diligently to complete the
transaction to sell ACC,” Oliva added. “Assuming the stockholders vote to approve the sale of ACC and all other
closing conditions are met, we will then be able to pay off all but a small portion of our debt and begin executing our
strategy to expand the Company and enhance stockholder value that we described in our June 15 news release.”
EMRISE will be conducting one-on-one and small-group, in-person and conference-call meetings with interested
stockholders to discuss the sale of ACC and the Company’s strategy and business plans going forward. To
participate in one of these in-person or conference-call meetings, please contact Nathan Abler of Allen & Caron at
1-800-452-1346, extension 202.
Important Information for Investors and Stockholders
In connection with the proposed Transaction, the Company will file a proxy statement with the Securities and
Exchange Commission (the “SEC”). INVESTORS AND STOCKHOLDERS ARE ADVISED TO READ THE
PROXY STATEMENT AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC WHEN THEY
BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE