EMRISE Corporation To Present At Remote Monitoring & Control 2012 Conference Prestigious Conference Addresses World Utilities Markets, a Key EMRISE Focus
DURHAM, N.C., Sept. 13, 2012 /PRNewswire/ -- EMRISE CORPORATION (OTCQB: EMRI), a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, announced today that Company management will be presenting at the Remote Monitoring and Control 2012 conference Sept. 18-19 in Denver. The conference focuses on the leading advancements for the monitoring of distributed equipment and facilities, remote assets, infrastructure, automated processes and system controls and device networks.
Mike Ritz, Director, CXR Larus Corp., a subsidiary of EMRISE, will be making a presentation titled "Smart Solutions for Network IP Migration" at 10 a.m. on Wednesday, Sept. 19. His presentation will review Communications-over-IP solutions and will highlight recent developments related to utility substation and transportation networks, specifically for more stringent requirements for data and voice services.
The presentation is directly related to the Company's recently launched, versatile CIP-ALL range of products which connect legacy systems and equipment to Ethernet and IP networks. With many utility and transportation customers moving their communication solutions to packet-based IP networks, this is an expanding industry and an important market for EMRISE, noted EMRISE Chairman and Chief Executive Officer Carmine T. Oliva.
"We believe based on the enthusiasm we are already experiencing from customers, that our CIP-ALL range of products offers important new solutions in a rapidly evolving and growing communication technology," Oliva said. "That tells us that our product development team, with its focus on penetrating the utilities markets in Europe and the U.S., is on the right track and that this new product range has the potential to be a new important revenue driver."
More information on the conference and the EMRISE presentation can be found at www.remotemagazine.com/conferences.
CIP-ALL supports a complete range of industry standard interfaces, providing pseudo-wire emulation over Ethernet-IP using fiber or copper media. The product range provides for full integration into global network management systems and QoS (Quality of Service) management systems. The product range is versatile with a wide variety of interfaces from analog telephony to data and video. In telecommunications and computer networking, a pseudo-wire is an emulation of a point-to-point connection over a packet-switching network.
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 to public and private communications networks. The use of its network products in public and private, legacy and latest Ethernet and Internet Protocol (IP) networks is a primary growth driver for the Company's Communications Equipment business units. The use of its power supplies, RF and microwave signal processing devices and subsystems in on-board In-Flight Entertainment and Connectivity systems is a primary growth driver for the Company's Electronic Devices business units. EMRISE serves the worldwide base of customers it has built in North America, Europe and Asia through operations in the United States, England and France. For more information on EMRISE, go to www.emrise.com.
EMRISE common stock trades under the symbol EMRI on OTCQB, the venture marketplace for companies that are current in their reporting with a U.S. regulator. Investors can find Real-Time quotes and market information for EMRISE at www.otcmarkets.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 expectations that: it will begin deliveries of this production order for the new product in the fourth quarter of 2012; this particular order for a new customized network access product for a large European public utility is evidence of continuing strength in this important and growing market; the product can be readily adaptable to the specific needs of other public utilities in Europe and the United States; the product will be a strategically important addition to the Company's overall product range for the utilities market; and the recent customer qualifications of CIP-All and the release of this new product will enhance the Company's ability to generate orders and increase its penetration of the utility markets in Europe and the United States, are 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, unexpected vendor or customer delays, and unexpected changes in the economic, political or overall business climate. The Company also refers you to those factors contained in the "Risk Factors" Section of EMRISE's Annual Report on Form 10-K for the year ended December 31, 2011, its Quarterly Reports on Form 10-Q, its Current Reports on Form 8-K filed in recent months, and other EMRISE filings with the SEC.
SOURCE EMRISE Corporation