Emrise Corp. (EMRI) 1.1100 $EMRI
EMRISE CORPORATION Reduces Size of Board of Directors; Provides Update on Plan of Dissolution
GlobeNewswire - Wed May 18, 8:39AM CDT
EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) (EMRISE or the Company), announced today that the Company, as planned, has reduced the size of its Board of Directors from three Directors to one with the resignations of Julie A. Abraham and Otis W. Baskin, effective, May 17, 2016. Frank P. Russomanno will remain on the Board and continue to serve as the Executive Director of the Company.
EMRISE CORPORATION Announces Second Liquidation Distribution to Stockholders
GlobeNewswire - Tue Apr 19, 7:45AM CDT
EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) (EMRISE or the Company), announced today that it has instructed its paying agent, VStock Transfer, LLC (Paying Agent), to begin the process of sending the previously announced second liquidation distribution of $0.36 per share (the Distribution) to its stockholders of record as of the close of business on July 7, 2015.
EMRISE CORPORATION Announces Date and Amount of Second Liquidation Distribution to Stockholders
GlobeNewswire - Tue Mar 15, 8:48AM CDT
EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) (EMRISE or the Company), today announced that the Company expects to make a second liquidation distribution to its stockholders in the amount of $0.36 per share (approximately $3.9 million in the aggregate) during the week of April 19, 2016 (the Distribution). Stockholders of record as of the close of business on July 7, 2015 will be entitled to receive the Distribution.
EMRISE CORPORATION Signs Letter of Intent to Sell CXR-Anderson Jacobson in France
GlobeNewswire - Mon Dec 28, 7:45AM CST
EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) ("EMRISE" or the "Company"
, today announced that it has signed a Letter of Intent to sell all of the issued and outstanding stock of CXR Anderson Jacobson S.A.S. based in France ("CXR-AJ" to Carmine T. and Georgeann Oliva or an entity that would be wholly owned by them (the "Purchaser". Oliva is the former Chairman and CEO of EMRISE Corporation, and he was also the President of CXR-AJ.
EMRISE Revises Record Date to July 7, 2015
GlobeNewswire - Wed Dec 09, 12:05PM CST
EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) ("EMRISE" or the "Company", today announced that it has revised the previously announced record date for its initial liquidating distribution in the amount of $0.75 per share of common stock from July 1, 2015 to July 7, 2015. The effective date for payment of the distribution on December 1, 2015 remains unchanged.
EMRISE Corporation Provides Additional Update on Status of Previously Announced Plan of Dissolution
GlobeNewswire - Mon Nov 16, 7:45AM CST
EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) ("EMRISE" or the "Company", today provided its stockholders with an additional update on the status of its previously announced voluntary Plan of Dissolution (the "Plan" that was approved by its stockholders at a special meeting of stockholders held on June 25, 2015.
Behrman Capital Completes $515 Million Recapitalization for DDC
PR Newswire - Mon Jul 20, 7:11AM CDT
Behrman Capital, a private equity investment firm based in New York and San Francisco, today announced that it has completed a $515 million recapitalization for Data Device Corporation (DDC), a leader in high-reliability connectivity, power, and control solutions for aerospace, defense, and industrial applications. Since acquiring DDC, Behrman Capital and management have created value through a number of successful strategic initiatives, including the acquisitions of Emrise Electronics and National Hybrid Inc as well as the spin-off of ILC Dover.
Behrman Capital Portfolio Company DDC Acquires Emrise Electronics Ltd.
PR Newswire - Tue Jun 30, 12:06PM CDT
Behrman Capital, a private equity investment firm based in New York and San Francisco, today announced that its portfolio company Data Device Corporation (DDC), a leader in high reliability connectivity, power, and control solutions, has acquired Emrise Corporation's (OTCQB: EMRI) electronic devices group, Emrise Electronics Ltd. Emrise Electronics is comprised of XCEL Power Systems Ltd and Pascall Electronics Ltd, which are international market leaders in high reliability power conversion products.
EMRISE Corporation Closes Transaction to Sell Its Electronic Devices Business to Data Device Corporation
GlobeNewswire - Tue Jun 30, 11:16AM CDT
EMRISE CORPORATION (OTCQB:EMRI) ("EMRISE" or the "Company", today announced that it has completed the sale of its electronic devices business unit, which constitutes the sale of substantially all of its assets (the "Transaction", to an affiliate of Data Device Corporation ("DDC". The Company entered into a stock purchase agreement dated March 22, 2015 (the "Purchase Agreement" to sell its electronic devices business unit to DDC, subject to various closing conditions, including stockholder approval. At a special meeting of its stockholders held on June 25, 2015 (the "Special Meeting", stockholders approved the Transaction.
EMRISE Announces 2015 First Quarter Results
GlobeNewswire - Fri May 15, 3:56PM CDT
EMRISE CORPORATION (OTCQB:EMRI), ("EMRISE" or the "Company" a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, today announced its financial results for the first quarter ended March 31, 2015.
Penny Stocks Buzz for Emrise, First Choice Healthcare Solutions, TapImmune, Veriteq, CANYON COPPER, and MaryJane
PR Newswire - Wed May 13, 7:45AM CDT
Pennystocksinsiders.com (PSI) released FREE insider trading reports for US market investors to track the following active stocks and penny stocks: Emrise (OTCMKTS:EMRI), First Choice Healthcare Solutions (OTCMKTS:FCHS), TapImmune (OTCMKTS:TPIV), Veriteq (OTCMKTS:VTEQ), CANYON COPPER (OTCMKTS:CNYCF), and MaryJane (OTCMKTS:MJMJ).
EMRISE Corporation Announces Special Meeting of Stockholders to Approve Sale of Substantially All of Its Assets, a Plan of Liquidation and Dissolution and Related Matters
GlobeNewswire - Mon May 11, 7:45AM CDT
Mails Definitive Proxy Statement and Proxy Card to Stockholders
EMRISE Announces 2014 Fourth Quarter and Year-End Results
GlobeNewswire - Tue Mar 31, 10:30AM CDT
EMRISE CORPORATION (OTCQB:EMRI) ("EMRISE" or the "Company", a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, today announced its financial results for the fourth quarter and year ended December 31, 2014.
EMRISE Corporation Announces Agreement to Sell Its Electronic Devices Business Unit to Data Device Corporation
GlobeNewswire - Mon Mar 23, 7:45AM CDT
EMRISE CORPORATION (OTCQB:EMRI), a multi-national manufacturer of defense and aerospace electronic devices and communications equipment ("Emrise" or the "Company", today announced that it has entered into a stock purchase agreement (the "Purchase Agreement" with an affiliate of Data Device Corporation ("DDC" to sell all of the issued and outstanding shares of the common stock of the Company's wholly owned subsidiary, EMRISE Electronics Ltd. ("EEL", for a cash purchase price of $22 million, net of debt, transaction and other related expenses and a holdback of $1.3 million in escrow to secure indemnification obligations and any shortfall in working capital (the "Transaction". This is expected to yield net proceeds of approximately $11 million to the Company, excluding amounts held in escrow and after payment of certain taxes and liquidation related expenses. The Transaction has been unanimously approved by the Company's Board of Directors and is subject to stockholder approval.
EMRISE Receives $8.4 Million Order for Electronic Device Subsystems for In-Flight Entertainment and Connectivity (IFE&C) Systems
GlobeNewswire - Tue Jan 20, 7:45AM CST
EMRISE CORPORATION (OTCQB:EMRI), a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, today announced that it has received an $8.4 million production order for electronic device subsystems for In-Flight Entertainment and Connectivity (IFE&C) systems to be installed in commercial aircraft.
EMRISE Announces 2014 Third Quarter, Nine-Month Results
GlobeNewswire - Fri Nov 14, 7:45AM CST
EMRISE CORPORATION (OTCQB:EMRI), ("EMRISE" or the "Company" a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, today announced its financial results for the third quarter and nine months ended September 30, 2014.
EMRISE Receives $1.4 Million Electronic Devices Order for In-Flight Entertainment and Connectivity (IFE&C) Systems
GlobeNewswire - Wed Sep 24, 7:45AM CDT
EMRISE CORPORATION (OTCQB:EMRI), a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, today announced that it has received a $1.4 million order for electronic devices and subsystems to be used in multimedia In-Flight Entertainment and Connectivity (IFE&C) systems to be installed in commercial aircraft.
EMRISE CORPORATION Reduces Size of Board of Directors; Provides Update on Plan of Dissolution
GlobeNewswire - Wed May 18, 8:39AM CDT
EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) (EMRISE or the Company), announced today that the Company, as planned, has reduced the size of its Board of Directors from three Directors to one with the resignations of Julie A. Abraham and Otis W. Baskin, effective, May 17, 2016. Frank P. Russomanno will remain on the Board and continue to serve as the Executive Director of the Company.
EMRISE CORPORATION Announces Second Liquidation Distribution to Stockholders
GlobeNewswire - Tue Apr 19, 7:45AM CDT
EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) (EMRISE or the Company), announced today that it has instructed its paying agent, VStock Transfer, LLC (Paying Agent), to begin the process of sending the previously announced second liquidation distribution of $0.36 per share (the Distribution) to its stockholders of record as of the close of business on July 7, 2015.
EMRISE CORPORATION Announces Date and Amount of Second Liquidation Distribution to Stockholders
GlobeNewswire - Tue Mar 15, 8:48AM CDT
EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) (EMRISE or the Company), today announced that the Company expects to make a second liquidation distribution to its stockholders in the amount of $0.36 per share (approximately $3.9 million in the aggregate) during the week of April 19, 2016 (the Distribution). Stockholders of record as of the close of business on July 7, 2015 will be entitled to receive the Distribution.
EMRISE CORPORATION Signs Letter of Intent to Sell CXR-Anderson Jacobson in France
GlobeNewswire - Mon Dec 28, 7:45AM CST
EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) ("EMRISE" or the "Company"
, today announced that it has signed a Letter of Intent to sell all of the issued and outstanding stock of CXR Anderson Jacobson S.A.S. based in France ("CXR-AJ" to Carmine T. and Georgeann Oliva or an entity that would be wholly owned by them (the "Purchaser". Oliva is the former Chairman and CEO of EMRISE Corporation, and he was also the President of CXR-AJ. EMRISE Revises Record Date to July 7, 2015
GlobeNewswire - Wed Dec 09, 12:05PM CST
EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) ("EMRISE" or the "Company"
, today announced that it has revised the previously announced record date for its initial liquidating distribution in the amount of $0.75 per share of common stock from July 1, 2015 to July 7, 2015. The effective date for payment of the distribution on December 1, 2015 remains unchanged. EMRISE Corporation Provides Additional Update on Status of Previously Announced Plan of Dissolution
GlobeNewswire - Mon Nov 16, 7:45AM CST
EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) ("EMRISE" or the "Company"
, today provided its stockholders with an additional update on the status of its previously announced voluntary Plan of Dissolution (the "Plan" that was approved by its stockholders at a special meeting of stockholders held on June 25, 2015. Behrman Capital Completes $515 Million Recapitalization for DDC
PR Newswire - Mon Jul 20, 7:11AM CDT
Behrman Capital, a private equity investment firm based in New York and San Francisco, today announced that it has completed a $515 million recapitalization for Data Device Corporation (DDC), a leader in high-reliability connectivity, power, and control solutions for aerospace, defense, and industrial applications. Since acquiring DDC, Behrman Capital and management have created value through a number of successful strategic initiatives, including the acquisitions of Emrise Electronics and National Hybrid Inc as well as the spin-off of ILC Dover.
Behrman Capital Portfolio Company DDC Acquires Emrise Electronics Ltd.
PR Newswire - Tue Jun 30, 12:06PM CDT
Behrman Capital, a private equity investment firm based in New York and San Francisco, today announced that its portfolio company Data Device Corporation (DDC), a leader in high reliability connectivity, power, and control solutions, has acquired Emrise Corporation's (OTCQB: EMRI) electronic devices group, Emrise Electronics Ltd. Emrise Electronics is comprised of XCEL Power Systems Ltd and Pascall Electronics Ltd, which are international market leaders in high reliability power conversion products.
EMRISE Corporation Closes Transaction to Sell Its Electronic Devices Business to Data Device Corporation
GlobeNewswire - Tue Jun 30, 11:16AM CDT
EMRISE CORPORATION (OTCQB:EMRI) ("EMRISE" or the "Company"
, today announced that it has completed the sale of its electronic devices business unit, which constitutes the sale of substantially all of its assets (the "Transaction", to an affiliate of Data Device Corporation ("DDC". The Company entered into a stock purchase agreement dated March 22, 2015 (the "Purchase Agreement" to sell its electronic devices business unit to DDC, subject to various closing conditions, including stockholder approval. At a special meeting of its stockholders held on June 25, 2015 (the "Special Meeting", stockholders approved the Transaction. EMRISE Announces 2015 First Quarter Results
GlobeNewswire - Fri May 15, 3:56PM CDT
EMRISE CORPORATION (OTCQB:EMRI), ("EMRISE" or the "Company"
a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, today announced its financial results for the first quarter ended March 31, 2015. Penny Stocks Buzz for Emrise, First Choice Healthcare Solutions, TapImmune, Veriteq, CANYON COPPER, and MaryJane
PR Newswire - Wed May 13, 7:45AM CDT
Pennystocksinsiders.com (PSI) released FREE insider trading reports for US market investors to track the following active stocks and penny stocks: Emrise (OTCMKTS:EMRI), First Choice Healthcare Solutions (OTCMKTS:FCHS), TapImmune (OTCMKTS:TPIV), Veriteq (OTCMKTS:VTEQ), CANYON COPPER (OTCMKTS:CNYCF), and MaryJane (OTCMKTS:MJMJ).
EMRISE Corporation Announces Special Meeting of Stockholders to Approve Sale of Substantially All of Its Assets, a Plan of Liquidation and Dissolution and Related Matters
GlobeNewswire - Mon May 11, 7:45AM CDT
Mails Definitive Proxy Statement and Proxy Card to Stockholders
EMRISE Announces 2014 Fourth Quarter and Year-End Results
GlobeNewswire - Tue Mar 31, 10:30AM CDT
EMRISE CORPORATION (OTCQB:EMRI) ("EMRISE" or the "Company"
, a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, today announced its financial results for the fourth quarter and year ended December 31, 2014. EMRISE Corporation Announces Agreement to Sell Its Electronic Devices Business Unit to Data Device Corporation
GlobeNewswire - Mon Mar 23, 7:45AM CDT
EMRISE CORPORATION (OTCQB:EMRI), a multi-national manufacturer of defense and aerospace electronic devices and communications equipment ("Emrise" or the "Company"
, today announced that it has entered into a stock purchase agreement (the "Purchase Agreement" with an affiliate of Data Device Corporation ("DDC" to sell all of the issued and outstanding shares of the common stock of the Company's wholly owned subsidiary, EMRISE Electronics Ltd. ("EEL", for a cash purchase price of $22 million, net of debt, transaction and other related expenses and a holdback of $1.3 million in escrow to secure indemnification obligations and any shortfall in working capital (the "Transaction". This is expected to yield net proceeds of approximately $11 million to the Company, excluding amounts held in escrow and after payment of certain taxes and liquidation related expenses. The Transaction has been unanimously approved by the Company's Board of Directors and is subject to stockholder approval. EMRISE Receives $8.4 Million Order for Electronic Device Subsystems for In-Flight Entertainment and Connectivity (IFE&C) Systems
GlobeNewswire - Tue Jan 20, 7:45AM CST
EMRISE CORPORATION (OTCQB:EMRI), a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, today announced that it has received an $8.4 million production order for electronic device subsystems for In-Flight Entertainment and Connectivity (IFE&C) systems to be installed in commercial aircraft.
EMRISE Announces 2014 Third Quarter, Nine-Month Results
GlobeNewswire - Fri Nov 14, 7:45AM CST
EMRISE CORPORATION (OTCQB:EMRI), ("EMRISE" or the "Company"
a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, today announced its financial results for the third quarter and nine months ended September 30, 2014. EMRISE Receives $1.4 Million Electronic Devices Order for In-Flight Entertainment and Connectivity (IFE&C) Systems
GlobeNewswire - Wed Sep 24, 7:45AM CDT
EMRISE CORPORATION (OTCQB:EMRI), a multi-national manufacturer of defense and aerospace electronic devices and communications equipment, today announced that it has received a $1.4 million order for electronic devices and subsystems to be used in multimedia In-Flight Entertainment and Connectivity (IFE&C) systems to be installed in commercial aircraft.
