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 the United States Patent and Trademark Office has accepted for publication another patent for its Very Low Profile (VLP®) family of rotary switches and encoders. The Company expects issuance of the patent to follow shortly. The patent increases the number of U.S. issued and applied for patents that EMRISE holds to three, further enhancing the value of its intellectual property portfolio. The company also has patents pending in the EU and four other foreign countries.
This second of three VLP® related patents specifically relates to the Company's detent mechanism which allows the unique, very-low-profile design of the VLP® family of products.
The first VLP® patent, issued previously, identifies the technique for placing the detent mechanism at the same level as the mounting panel, instead of behind the panel. The third VLP® patent, currently pending, is for placing the detent in the knob in front of the panel.
Manufactured by the Company's wholly owned subsidiary, EMRISE Electronics Corporation, the VLP® switches and encoders offer space savings up to 80%, weight savings up to 75%, increased functionality, and higher reliability through fewer internal parts, compared to competitive designs. Additionally, while VLP® switches can replace most competitive rotary switches, those competitive switches can not replace the VLP® switch.
EMRISE Chief Executive Officer Carmine T. Oliva commented: "Our patents are creating new opportunities for our switches and encoders to be designed into new systems and equipment. However, from a broader perspective, we now have sufficient patent protection to license this intellectual property to original equipment and other high-volume manufacturers, including automotive, white goods, consumer electronics and other markets where small size, light weight and reliability are desirable advantages."
VLP® features meet key requirements for high-reliability applications, where size and weight reduction are vital, such as aerospace, defense, medical, and first-responder portable instrumentation. For example, VLP® designs have been qualified for use in systems and equipment for the International Space Station, missile systems, commercial passenger jets, very light jet aircraft, and a wide range of military communications systems.
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, including without limitation EMRISE's ability to obtain actual issuance of the patent for its Very Low Profile (VLP®) family of rotary switches described in this release, ability to further enhance the value of its intellectual property portfolio, ability to obtain patents pending in the EU and four other foreign countries, ability for the VLP® switches and encoders to generate space savings up to 80%, weight savings up to 75%, increased functionality, and higher reliability through fewer internal parts, compared to competitive designs, ability for VLP® switches to replace most competitive rotary switches, and inability for those competitive switches to replace the VLP® switch, ability for our patents to create new opportunities for our switches and encoders to be designed into new systems and equipment, the statement that EMRISE has sufficient patent protection to license this intellectual property to original equipment and other high-volume manufacturers including automotive, white goods, consumer electronics and other markets where small size, light weight and reliability are desirable advantages, ability for VLP® features to meet key requirements for high-reliability applications, where size and weight reduction are vital, such as aerospace, defense, medical, and first-responder portable instrumentation, 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, unforeseen technical issues or complications in the final issuance process at the U.S. patent office, failure of the patent in question to provide the intended protection or value expected, failure to obtain future patents in the EU or any other foreign countries, failure of VLP® switches to generate the intended space or weight savings, increased functionality or higher reliability described, failure of VLP® switches to successfully replace most competitive rotary switches, failure of VLP® switches to compete on price, quality and/or other critical decision factors, ability of competitors to introduce similar and/or other competitive products which may replace VLP® switches, failure to successfully design VLP® switches into new systems or equipment, failure to license VLP® technology to original equipment manufacturers or other high-volume manufacturers or failure to benefit from the intended protection of a patent in such licensing arrangements, failure of VLP® switches to meet key requirements for high-reliability applications, 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.
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