EMRISE Corporation Comments on Strategy for
Expanding Business;Plan Includes Possible
Strategic Alliances and Organic Growth
Focus on Strong Product Line and Technology for Network Timing and Synchronization
June 15, 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
said that it plans to capitalize on the network timing and synchronization products and technology of the Company’s
communications equipment business and expand its business through a focus on strategic alliance transactions and
organic growth subsequent to the closing of the recently announced $20 million definitive agreement to sell Advanced
Control Components, Inc. (“ACC”).
EMRISE President and Chief Executive Officer Carmine T. Oliva said that the application of the Company’s
network timing and synchronization products and technology in edge networks will be a primary driver of growth for
its communications equipment business, and he anticipates such products could have a meaningful impact on future
revenue. Those edge network products and the Company’s base of world class customers have both been important
contributors to early discussions EMRISE is having with potential strategic partners.
EMRISE also plans to refocus its global European-based aerospace and defense business units, which receive more
than 60 percent of their revenue from customers in the U.S., and which the Company believes will also drive organic
growth and cash flow contributions going forward. These business units make up the Company’s electronic devices
segment, which provides products that perform key functions in aerospace and defense applications, such as power
supply and power conversion, radio frequency (RF) and microwave signal processing, and are used in a broad array
of defense, industrial and commercial industries.
Following the sale of ACC, EMRISE ex