Teledyne Technologies to Present at the Needham Growth Conference on January
Needham Growth Conference 2013
THOUSAND OAKS, Calif. -- January 14, 2013
Teledyne Technologies Incorporated (NYSE:TDY) today announced that Rex
Geveden, president, Engineered Systems segment and Teledyne Scientific &
Imaging, LLC, and Jason VanWees, vice president, strategy and mergers &
acquisitions, will make a presentation at the 15th Annual Needham Growth
Conference on Wednesday, January 16, at 1:30 p.m. (Eastern) at The New York
Palace Hotel in New York City.
A live webcast of Teledyne Technologies’ conference presentation may be
accessed via the company’s website at www.teledyne.com. In addition, Teledyne
Technologies’ latest investor presentation will be publicly available on the
Teledyne Technologies is a leading provider of sophisticated instrumentation,
digital imaging products and software, aerospace and defense electronics, and
engineered systems. Teledyne Technologies’ operations are primarily located in
the United States, Canada, the United Kingdom and Mexico. For more
information, visit Teledyne Technologies’ website at www.teledyne.com.
Forward-Looking Information Cautionary Notice
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, acquisitions, product sales,
capital expenditures, pension matters, stock option compensation expense,
interest expense, taxes, and strategic plans. Forward-looking statements are
generally accompanied by words such as “estimate”, “project”, “predict”,
“believes” or “expect”, that convey the uncertainty of future events or
outcomes. All statements made in this 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: disruptions in
the global economy; changes in demand for products sold to the defense
electronics, instrumentation, digital imaging, energy exploration and
production, commercial aviation, semiconductor and communications markets;
funding, continuation and award of government programs; and cuts to defense
spending resulting from future deficit reduction measures, including potential
automatic cuts to defense spending that may be triggered by the Budget Control
Act of 2011. Increasing fuel costs could negatively affect the markets of the
company’s commercial aviation businesses. Lower oil and natural gas prices, as
well as instability in the Middle East or other oil producing regions, and new
regulations or restrictions relating to energy production, including with
respect to hydraulic fracturing, could negatively affect the company’s
businesses that supply the oil and gas industry. In addition, financial market
fluctuations affect the value of the company’s pension assets.
Changes in the policies of U.S. and foreign governments could result, over
time, in reductions and realignment in defense or other government spending
and further changes in programs in which the company participates.
While the company’s 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,
retain customers and achieve identified financial and operating synergies.
There are additional risks associated with acquiring, owning and operating
businesses internationally, including those arising from U.S. and foreign
policy changes and exchange rate fluctuations.
While the company believes its internal and disclosure 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.
Readers are urged to read the Teledyne Technologies’ periodic reports filed
with the Securities and Exchange Commission (“SEC”) for a more complete
description of the company, its businesses, its strategies and the various
risks that the company faces. Various risks are identified in Teledyne’s 2011
Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers,
particularly those interested in investing in Teledyne Technologies, should
read these risk factors.
The company assumes no duty to publicly update or revise any forward-looking
statements, whether as a result of new information or otherwise.
Teledyne Technologies Incorporated
Jason VanWees, 805-373-4542
Robyn McGowan, 805-373-4540
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