Mr. Travis Jones reports

CRS ELECTRONICS ANNOUNCES Q1 2015 FINANCIAL RESULTS

CRS Electronics Inc. has released its first quarter 2015 financial results. CRS Electronics reported Q1 revenue for the three months ended March 31 of $495,300. Highlighting financial results was a year-over-year 50-per-cent reduction in operating expenses brought about by a continuation of leadership's cost-reduction plan.

"We continue to aggressively reduce expenses to meet our goal of profitability in 2015," said Travis Jones, president and chief executive officer of CRS Electronics.

The company introduced KVIC Lighting in Q1, the company's newest brand featuring best-in-class LED linear, cove and graze fixtures. "Our new product line represents the highest-margin product portfolio in the company's history. Ramping up KVIC Lighting sales is our highest priority, and its success will be the driving force in the company's financial turnaround," said Mr. Jones.

Early indicators for KVIC Lighting sales success are positive. The largest privately held property management company in North America has renovated its headquarters using $150,000 of KVIC Lighting products. A top-five lighting design firm recently approved KVIC Lighting on a massive hotel project requiring 19,471 feet of linear cove products. "We expect this order of over $530,000 in the fourth quarter," Mr. Jones said.

We seek Safe Harbor.