THOUSAND OAKS, Calif.--(Business Wire)--
Teledyne Technologies Incorporated (NYSE: TDY) today announced that Jason
VanWees, vice president, corporate development and investor relations, will be
holding investor meetings at the Stifel Nicolaus Aerospace-Defense-Airline
Conference on Monday, November 9, at The New York Palace Hotel in New York City.
Teledyne Technologies` latest investor presentation is publicly available on the
company`s website.
Teledyne Technologies is a leading provider of sophisticated electronic
subsystems, instrumentation and communication products, engineered systems,
aerospace engines, and energy and power generation systems. Teledyne
Technologies` operations are primarily located 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, growth opportunities, product sales, pension matters, stock option
compensation expense, tax credits and strategic plans. All statements made in
the investor presentation that are not historical in nature should be considered
forward-looking. Actual results could differ materially from these
forward-looking statements. Many factors could change the anticipated results,
including continuing disruptions in the global economy, insurance and credit
markets, changes in demand for products sold to the defense electronics,
instrumentation and energy exploration and production, commercial aviation,
semiconductor and communications markets, funding, continuation and award of
government programs, continued liquidity of the company`s suppliers and
customers (including commercial aviation customers), availability of credit to
the company`s suppliers and customers, and the availability of valve lifters and
the cost of the valve lifter issue at Teledyne Continental Motors, Inc.
Increasing fuel costs could negatively affect the markets of the company`s
commercial aviation businesses. Lower oil and natural gas prices could
negatively affect the company`s business units that supply the oil and gas
industry. In addition, financial market fluctuations affect the value of the
company`s pension assets.
Global responses to terrorism and other perceived threats increase uncertainties
associated with forward-looking statements about the company`s businesses.
Various responses to terrorism and perceived threats could realign government
programs, and affect the composition, funding or timing of the company`s
programs. Flight restrictions would negatively impact the market for general
aviation aircraft piston engines and components. Changes in U.S. Government
policy could result, over time, in reductions and realignment in defense or
other government spending and further changes in programs in which the company
participates, including anticipated reductions in the company`s missile defense
engineering services and gas centrifuge service module manufacturing programs.
The company continues to take action to assure compliance with the internal
controls, disclosure controls and other requirements of the Sarbanes-Oxley Act
of 2002. While the company believes its control systems are effective, there are
inherent limitations in all control systems, and misstatements due to error or
fraud may occur and not be detected.
Teledyne Technologies` growth strategy includes possible acquisitions. The
company cannot provide any assurance as to when, if or on what terms any other
acquisitions will be made. Acquisitions involve various inherent risks, such as,
among others, the company`s ability to integrate acquired businesses and retain
customers and to achieve identified financial and operating synergies. There are
additional risks associated with acquiring, owning and operating businesses
outside of the United States, including those arising from U.S. and foreign
government policy changes or actions and exchange rate fluctuations.
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 2008 Annual Report on Form 10-K and its
Quarterly Reports on Form 10-Q. The company assumes no duty to update
forward-looking statements.
Teledyne Technologies Incorporated
Investor Contact:
Jason VanWees
805-373-4542
or
Press Contact:
Robyn McGowan
805-373-4540
Copyright Business Wire 2009
