Teledyne LeCroy Successfully Demonstrates World’s First 100 GHz Real-Time Oscilloscope

  Teledyne LeCroy Successfully Demonstrates World’s First 100 GHz Real-Time
  Oscilloscope

Business Wire

THOUSAND OAKS, Calif. -- July 24, 2013

Teledyne LeCroy, Inc., a subsidiary of Teledyne Technologies Incorporated
(NYSE:TDY), today demonstrated the world’s first 100 GHz real-time
oscilloscope by successfully acquiring and displaying live signals at 100 GHz
bandwidth. This demonstrated performance dramatically exceeds currently
available capabilities. High speed oscilloscopes are vital tools in the
development of high-speed digital networks, the critical backbone of the
rapidly expanding cloud-based computing paradigm that characterizes our
digital age.

“Reaching 100 GHz real-time oscilloscope performance is one of many industry
milestones achieved by Teledyne LeCroy,” said Tom Reslewic, chief executive
officer, Teledyne environmental and electronic measurement instrumentation.
“It reveals new phenomena, opens channels for new discoveries and paves the
way for vast improvements in the field of high speed measurement.”

The demonstration was conducted at the research facilities of Teledyne
Scientific Company in Thousand Oaks, Calif. Teledyne LeCroy and Teledyne
Scientific also announced today they have completed the design of a jointly
developed next-generation indium phosphide (InP) chip and have released the
design for fabrication at Teledyne Scientific’s InP foundry. The jointly
developed chip is the first device in an expansive chip set planned for future
generations of high speed oscilloscopes. Teledyne acquired LeCroy Corporation
in August 2012 and has pursued synergies related to the development of ultra
high speed oscilloscopes.

“We are pleased to see the 100 GHz real-time oscilloscope milestone reached
less than one year after the acquisition of Teledyne LeCroy,” said Robert
Mehrabian, chairman, president and chief executive officer of Teledyne.
“Releasing the new InP chip in collaboration with Teledyne Scientific on the
very same day illustrates the breadth of our technology expertise, and our
commitment to taking high performance oscilloscopes to the next level.”

InP is an advanced semiconductor process that promises higher speed devices
than can be designed in other known processes. Teledyne is a leader in next
generation InP technology, with advanced design and production capabilities
currently in place.

About Teledyne LeCroy

Teledyne LeCroy is a leading manufacturer of advanced test instruments that
measure, analyze, and verify complex electronic signals. The Company offers
high-performance oscilloscopes and protocol test solutions used by electronic
design engineers in a wide range of application and end markets. Teledyne
LeCroy is based in Chestnut Ridge, N.Y. For more information, visit Teledyne
LeCroy’s website at teledynelecroy.com.

About Teledyne Technologies

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 Statements Cautionary Notice

This press release contains forward-looking statements, as defined in the
Private Securities Litigation Reform Act of 1995, relating to new product
development. Actual results could differ materially from these forward-looking
statements. Many factors, including failure or delay in developing new
products and the ability of Teledyne to achieve anticipated
acquisition-related synergies, as well as market and economic conditions,
could change anticipated results.

Contact:

Teledyne Technologies Incorporated
Investor Contact:
Jason VanWees, 805-373-4542
or
Media Contact:
Robyn McGowan, 805-373-4540