Teledyne Technologies To Hold
LOS ANGELES - July 26, 2002 - Teledyne Technologies Incorporated (NYSE:TDY) announced that Robert J. Naglieri, senior vice president and chief financial officer, and Jason VanWees, director of corporate development and investor relations, will be holding investor meetings in San Francisco, San Diego and Los Angeles beginning July 29, 2002.
Copies of Teledyne Technologies' latest investor relations presentation will be available on the company's website at www.teledyne.com prior to the scheduled meetings.
Teledyne Technologies is a leading provider of sophisticated electronic components, instruments and communication products, systems engineering solutions, aerospace engines and components and on-site gas and power generation systems. Teledyne Technologies has operations in the United States, the United Kingdom and Mexico. For more information, visit Teledyne Technologies' website at www.teledyne.com.
Teledyne's investor relations presentation contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, relating to earnings, cost-savings, growth opportunities, capital expenditures, pension contributions and strategic plans. Actual results could differ materially from these forward-looking statements. Many factors, including changes in demand for products sold to the semiconductor and communications markets, timely development of acceptable and competitive fuel cell products and systems, funding, continuation and award of government programs, receipt of (or failure to receive) government award fees based on collective performance achievements of multiple contractors, and economic and political conditions, could change the anticipated results.
While Teledyne Technologies' growth strategy includes possible acquisitions, the company cannot provide any assurance as to when, if or on what terms any acquisitions will be made. Acquisitions involve various inherent risks, such as, among others, the company's ability to integrate acquired businesses and to achieve identified financial and operating synergies. Also, the company may not be able to sell or exit timely or on acceptable terms its remaining non-core or under-performing product lines, particularly given the current economic environment.
Additional information concerning factors that could cause actual results to differ materially from those projected in the forward-looking statements is contained in Teledyne Technologies' periodic filings with the Securities and Exchange Commission, including its 2001 Annual Report on Form 10-K and its Forms 10-Q.