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Press release from Business Wire

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

Wednesday, July 24, 2013

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

15:02 EDT Wednesday, July 24, 2013

THOUSAND OAKS, Calif. (Business Wire) -- 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.

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

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