DURHAM, N.C., May 30, 2012 /PRNewswire/ -- EMRISE CORPORATION (OTCBB: EMRI), a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, announced today the launch of a new and versatile telecommunications network access product range solution that connects legacy analog-based equipment to the newest generation Ethernet and Internet Protocol (IP) networks.
The new product range called the CIP-ALL, developed by the Company's CXR–AJ subsidiary, supports a complete range of industry standard interfaces, providing pseudo wire emulation over Ethernet-IP using fibre or copper media. The product range provides for full integration into global network management systems and QoS (Quality of Service) management systems.
EMRISE Chairman and Chief Executive Officer Carmine T. Oliva said the CIP-ALL products are among a number of new products the Company is developing for the global and U.S. markets.
"The CIP-ALL products have been designed to be very versatile with a wide variety of interfaces from analog telephony to data and video," Oliva added. "They represent great examples of our innovative capabilities in the network access telecommunication products market. We believe these products and other products currently in development will enhance our product offerings, especially in the U.S."
An increasing number of customers with embedded analog solutions are facing the need to replace their systems, such as SCADA (Supervisory Control and Data Acquisition), security and control systems due to the rapid decommissioning of leased line and other analog circuits by the telephone companies. This range of products extends the life of these systems at a time when telephone companies' capital budgets are constrained.
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. The use of its network products in network timing and synchronization in edge networks is a primary growth driver for the Company's Communications Equipment business segment. 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 segment. 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. EMRISE is a publicly traded company whose common stock trades on the OTCBB under the symbol EMRI. 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 belief that the CIP-ALL range of products and other products currently in development will enhance its product offerings, especially in the U.S.; an increasing number of customers with embedded analog solutions are facing the need to replace their systems; and that the CIP-ALL range of products extends the life of these systems at a time when telephone companies' capital budgets are constrained 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