EMRISE Corporation Retains Investment Banking Team to be Strategic and Financial Advisors

EMRISE Corporation Retains Investment Banking Team to be Strategic and
Financial Advisors

Will Assist Company in Evaluating and Pursuing Opportunities to Maximize
Stockholder Value

DURHAM, N.C., Oct. 11, 2013 (GLOBE NEWSWIRE) -- EMRISE CORPORATION
(OTCQB:EMRI), a multi-national manufacturer of defense and aerospace
electronic devices and communications equipment, today announced it has
retained two New York City-based investment banks, The Benchmark Company, LLC,
and Hermes Capital Advisors, LLC, to be the Company's exclusive strategic and
financial advisors.

EMRISE Chairman and Chief Executive Officer Carmine T. Oliva said retaining an
experienced team of investment banks is a key step in the process initiated by
the Company earlier this year to determine a range of strategic opportunities
to maximize stockholder value. EMRISE interviewed a number of investment banks
during the selection process, some of which evaluated the Company's plans and
prospects and submitted preliminary recommendations to the Board and executive
management team.

"Based on our review of the investment banks' qualifications, we selected the
two firms we believe are the best qualified to help us meet our goals," Oliva
added. "Benchmark and Hermes have complementary strengths and both are very
knowledgeable about EMRISE and the industry segments in which we operate."

Oliva noted that the investment bankers who will be working with EMRISE have
worked with the Company in the past. One of the investment bankers at Hermes,
for example, successfully executed the transactions for the acquisition of
Advanced Control Components, Inc. in August 2008, and the sale of EMRISE's
Digitran Switch Division in March 2009.

About The Benchmark Company, LLC

The Benchmark Company is a full-service investment banking and financial
advisory firm with a sales & trading platform servicing institutional clients
in all major markets in the US and internationally; a team of research
analysts covering companies in the Technology, Defense & Homeland Security,
Media, Publishing, Broadcasting, Business Services, Consumer/Retail, and
Healthcare sectors; and an investment banking team providing corporate finance
and advisory services to small- and mid-sized companies. Benchmark is
headquartered in New York with offices in 10 other financial centers in the
US.

For more information about The Benchmark Company, LLC, visit the Company's
website at http://www.benchmarkcompany.com

About Hermes Capital Advisors, LLC

Hermes Capital Advisors, the investment banking division of Arcadia
Securities, LLC, is focused on assisting early stage through middle market
companies in the technology sector capitalize on their highest value growth
and financial opportunities. The firm offers a variety of capital raising and
strategic and financial advisory services in connection with mergers &
acquisitions, private placements, valuations and fairness opinions.

For more information about Hermes Capital Advisors, visit the Company's
website at http://www.hermes-advisors.com/

About EMRISE Corporation

EMRISE designs, manufactures and markets electronic devices, sub-systems and
equipment for aerospace, defense, industrial and communications
markets.EMRISE electronic devices products perform key functions such as
power supply and power conversion, and radio frequency (RF) and microwave
signal processing.Its electronic devices and communications equipment
products are used in a range of applications including on-board In-Flight
Entertainment and Connectivity systems, and network access to public and
private communications networks.EMRISE serves its base of customers in
Europe, North America and Asia through operations in England, France and the
United States.For more information, go to www.emrise.com.

EMRISE common stock trades under the symbol EMRI on OTCQB.Real-Time quotes
and Level 2 information for EMRISE stock can be found at www.otcmarkets.com,
or on the Company's website at
http://www.emrise.com/investor_relations/stock_quote/index.htm.

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995

With the exception of historical information, certain matters discussed in
this press release are forward looking statements within the meaning of the
Private Securities Litigation Reform Act including but not limited to EMRISE's
belief that it has selected the two firms best qualified to help it meet its
goals; and both of these firms have complementary strengths and are very
knowledgeable about EMRISE and the industry segments in which the Company
operates.Such statements involve a number of risks and uncertainties, and the
actual future results of EMRISE could differ from those statements.The
Company refers you to those factors contained in the "Risk Factors" Section of
EMRISE's Annual Report on Form 10-K for the year ended December 31, 2012, its
Quarterly Reports on Form 10-Q, Current Reports on Form 8-K filed recently,
and other EMRISE SEC filings.

CONTACT: Allen & Caron, Inc
         Rene Caron (investors)
         Len Hall (media)
         (949) 474-4300
         rene@allencaron.com
         len@allencaron.com
 
Press spacebar to pause and continue. Press esc to stop.