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Article: MicroTel International Inc. Has Changed Its Name to EMRISE CORPORATION.
- Article from:
- Business Wire
- Article date:
- September 15, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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RANCHO CUCAMONGA, Calif. -- MicroTel International Inc. (OTCBB:MCTL), an international manufacturer of defense and aerospace electronic components and subsystems and communication equipment, announced that today it has changed its name to EMRISE CORPORATION and it now trades under the symbol (OTCBB:EMRI).
Commenting on the name change, Randolph D. Foote, Chief Financial Officer, stated: "In 2003 MicroTel achieved 63% of its revenue from defense and aerospace electronic components and only 37% from communications products. Our major business strategy to shift to predominately defense and aerospace from communications products has been taking place over the past ...