LED

A Correction from Source is issued with respect to the release issued earlier
today at 13:32 ET. The change is at the end of first paragraph, where an
additional sentence is added with the hold period expiry information.


CRS Electronics Inc. ("CRS" or the "Company"), (TSX VENTURE:LED), a developer
and manufacturer of LED lighting products, is pleased to announce the scheduled
repayment of its $1 loan from CJL Holding Inc. in shares and the closing of a $2
million private placement equity financing from CJL Holding Inc., a corporation
related to Mr. Chang Jiang Wu, the Company's Executive Chairman. The loan from
CJL Holding Inc. was repaid through the issuance of 5 million common shares of
CRS at an issue price of $0.20 per share. In addition, CRS issued 10 million
shares to CJL Holding Inc. at a price of $0.20 per common share for private
placement cash proceeds to the Company of $2 million. The 15 million shares
issued today are subject to a statutory hold period expiring on May 1, 2014.


CJL Holding Inc., 26 Carat Crescent, Richmond Hill, ON L4S 0B3, acquired
ownership of an aggregate of 15 million common shares of CRS, representing 17.4%
of the issued and outstanding common shares of CRS. CJL Holding Inc. now owns
45,400,548 common shares of CRS, representing approximately 52.55% of the
current issued and outstanding common shares of CRS. CJL Holding Inc. acquired
the common shares for investment purposes and it, and/or one or more of its
affiliates may, depending on market and other conditions, increase or decrease
its beneficial ownership of common shares of CRS or other securities of CRS
whether in the open market, by privately negotiated agreement or otherwise.


About CRS Electronics

CRS Electronics Inc., a Lighting Facts partner, is a leader in the emerging,
rapidly-growing market of high efficiency light-emitting-diode ("LED"), or,
solid state lighting ("SSL"). The principal activities of CRS include the
development, manufacture and sale, primarily in North America, of indoor
lighting such as LED replacement lamps, exterior LED warning lights on school
buses, child safety systems for school buses and contract manufacturing of LED
circuit boards. As an innovator of LED solutions since 1998, CRS Electronics
continues to expand its product portfolio and market presence with business
partners and customers, and under its own product brands.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


Statements in this news release regarding the additional private placement
closing and the repayment of the loan with shares constitute forward-looking
information. Such forward-looking statements are based on a number of material
factors and assumptions, including the receipt of all required approvals
including the approval of the TSX Venture Exchange and the satisfaction of the
other conditions of closing. While we consider these assumptions to be
reasonable based on information currently available to us, they may prove to be
incorrect. Actual results may vary from such forward-looking information for a
variety of reasons, including the risk that the proposed private placement may
not close or the loan may not be repaid in shares due to failure to obtain
regulatory approval or meet other closing conditions to the private placement.
Other than as required by law, CRS does not intend, and undertakes no obligation
to update any forward-looking information to reflect, among other things, new
information or future events.


FOR FURTHER INFORMATION PLEASE CONTACT: 
CRS Electronics Inc.
Matthew Groen
Chief Financial Officer
mgroen@crselectronics.com
www.crselectronics.com

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