DURHAM, N.C., 6 Jan. 2012. Emrise Corp. (OTCBB:EMRI), a manufacturer of defense and aerospace electronic devices and communications equipment, won a $1.2 million order (750,000 pounds Sterling) for electronic devices to be used in in-flight entertainment and connectivity (IFE&C) systems. The company's Pascall Electronics Ltd. subsidiary in England received the order, which will be filled over a 12-month period starting July 2012.
"This order is from a customer in the commercial aerospace market, which is becoming a growing market opportunity for our products that complements our long-standing military business,” says Carmine T. Oliva, Emrise chairman and chief executive officer. “We are seeing increases in demand for the use of Emrise products in IFE&C applications. At the same time, our IFE&C business is being enhanced by opportunities in other commercial markets we serve such as marine navigation and oil field exploration. We believe these commercial markets should continue to be important sources of revenue for us in the coming months."
