NYSE Confirms EMRISE Corporation Successfully Meets Minimum Stock Price Requirement for Continued Listing on NYSE Arca

RANCHO CUCAMONGA, Calif.--(BUSINESS WIRE)--EMRISE CORPORATION (NYSE Arca:ERI), a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, today announced that it has been notified by NYSE Regulation, Inc. that EMRISE has successfully met NYSE Arca’s minimum $1.00 stock price requirement for 30 consecutive trading days. As a result, the non-compliant indicator appended to EMRISE’s trading symbol has been removed and the Company’s common stock will continue to be listed on NYSE Arca and trade under the symbol ERI.

"We are very pleased to have met NYSE Arca’s minimum stock price requirement and to have satisfactorily resolved this issue to the benefit of the Company and our stockholders,” said EMRISE Chief Executive Officer Carmine T. Oliva. “This removes the cloud of uncertainty that has existed about our continued listing on NYSE Arca for well over a year. During that time, however, we have made considerable progress in improving the market reach and financial performance of the Company. We are continuing to focus on building market share in our core markets, improving our financial performance and enhancing stockholder value."

As of January 6, 2009 the 30-trading day average price per share for EMRISE common stock was $1.52 and the common stock closed at $1.58 on that date.

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; RF and microwave transmission; digital and rotary switching; network access and timing and synchronization of communications networks. Primary growth driver applications for EMRISE products include commercial avionic “In-Flight Entertainment and Communications” products and communications “Network Timing and Synchronization” equipment. EMRISE serves customers in North America, Europe and Asia through operations in the United States, England, France and Japan. The Company has built a worldwide base of customers including all of the Fortune 100 in the U.S. that do business in markets served by EMRISE and many similar-size companies in Europe and Asia. 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 are all 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, our ability to maintain a $1.00 price per share of common stock in order to maintain our current listing on NYSE Arca, ability to build market share in core markets, improve financial performance or enhancing stockholder value, or changes in the economic, industry or political climate that may negatively impact future financial performance, and those factors contained in the “Risk Factors” Section of the Company’s Form 10-K for the year ended December 31, 2007, and other Company filings.