Astrodyne Acquires RO Associates; Provider of High-end, Ruggedized AC/DC & DC/DC Products
MANSFIELD, MA - March 23, 2010 - Astrodyne Corporation ("Astrodyne"), a leading provider of power solutions, announced it has acquired the assets of specialty power supply manufacturer RO Associates from Emrise Corporation, (a public company, NYSE Arca: ERI). RO Associates is an engineering company and a pioneer in the development of module-based power conversion solutions, which are now a mainstay in military, industrial and other harsh environment markets. Current products are deployed on airborne, shipboard and land vehicle applications, as well as a variety of industrial and medical products. Based in the Silicon Valley, RO Associates has developed a broad product line of high quality, highly efficient products.
Peter Murphy, President and CEO of Astrodyne commented, "The inclusion of a well established provider of high-end products to the military and other demanding markets complements Astrodyne's already significant product offerings. With over 4,000 SKU's already available to our customers we are adding a high-reliability product line that we see demand for in many of our traditional markets. We are especially pleased to add the talented RO Associates engineering team to our company as we seek to accelerate the introduction of new products for emerging applications."
About Astrodyne Corporation
Astrodyne Corporation, headquartered in Mansfield, Massachusetts designs, manufactures and solves power conversion challenges worldwide. With over 4,000 cost-effective standard and modified standard products, Astrodyne's power solutions span a broad array of markets and applications. Our industry-leading phone and instant online technical support delivers rapidly engineered solutions in response to each customer's unique power requirements. For more information about Astrodyne Corporation and its products, please visit the company's web site at www.astrodyne.com.
About Emrise Corporation
EMRISE, (NYSE Arca: ERI), 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; radio frequency (RF) and microwave signal processing; and network access and timing and synchronization of communications networks. Primary growth driver applications for EMRISE products include the use of its RF devices in radio-controlled improvised explosive device (RCIED) jamming systems, and the use of its Network Timing and Synchronization products in edge networks. EMRISE serves customers in North America, Europe and Asia through operations in the United States, England and France. The Company has built a worldwide base of customers including a majority 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.