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Tuesday, February 5, 2008

Emrise Banks $2 Million in Orders

Emrise Corp., Rancho Cucamonga, Calif., said its U.K. subsidiary, Pascall Electronics Ltd., received about $2 million in new orders in January from two existing customers for in-flight entertainment and communications (IFE&C) products. These orders are scheduled for delivery by the end of the second calendar quarter 2008. January 2008 orders exceeded 50 percent of the company’s IFE&C orders for all of last year, the company said. Chairman, President and CEO Carmine T. Oliva said the company is “working to complete an acquisition in the U.S. to complement our U.K. based IFE&C business, which will further increase our revenue and net income.”


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