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Article: EMRISE CORPORATION's Subsidiary, CXR-Anderson Jacobson, Receives Initial Orders for DSL Point of Sale Credit Card Verification Product.
- Article from:
- Business Wire
- Article date:
- November 16, 2006
CopyrightCOPYRIGHT 2006 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. -- EMRISE CORPORATION (NYSE Arca:ERI), a multi-national manufacturer of defense and aerospace electronic components and communications equipment, today announced that its subsidiary, CXR-Anderson Jacobson (CXR-AJ) has received initial orders worth in excess of $300,000 from La Poste, the French post office, and others for application in the new Moneo[R] electronic payment system adopted in France.
The Moneo[R] system is a prepaid electronic payment network that has been introduced in France and is now seeing substantial growth.
Commenting on the orders, Eric Piaget, Marketing Manager of CXR-AJ, stated, "This is a major ...