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Symbol Technologies, Inc., the world leader in bar
code-driven data transaction systems, today announced record
revenue and net income for the third quarter ended September
30, 1997.

Revenue for the third quarter ended September 30, 1997, was
$201.9 million, compared with $171.0 million in the
corresponding year-earlier period. Net income for the
quarter was $18.5 million, or $0.45 per share, compared to
$7.5 million, or $0.18 per share for the quarter ended
September 30, 1996. Net income for the prior-year quarter
included a pre-tax charge for costs associated with
acquisition-related matters of $12.3 million or $0.19 per
share. Excluding the pre-tax charge, net income would have
been $15.2 million or $0.37 per share.

"We're pleased to have achieved the first $200 million
quarter in Symbol's history, and with the momentum generated
by our historic US Postal Service contract and major BOC
Group award, which underscore our continued growth in the
Transportation & Logistics market," said Jerome Swartz,
Symbol's chairman and chief executive officer.

"Our record third quarter results were equally driven by
strong North American and international performance, despite
the adverse impact of the dollar. We see further evidence
that our products and system solutions are increasingly
popular among customers in many industries worldwide," said
Tomo Razmilovic, Symbol's president and chief operating
officer.

- ends -

Notes to Editors

Symbol Technologies is the world leader in bar code
driven-data transaction systems with more than 5 million
scanners and hand-held computers installed, The company
designs, manufactures and markets bar code scanning
equipment, application-specific handheld computers and radio
frequency data communications products and systems that are
used as strategic building blocks in solutions in retail,
package and parcel delivery, manufacturing, warehousing and
distribution, health care and other industries.

Customer information is available from the Symbol
Technologies website at http://www.symbol.com.

For further information contact Perveen Akhtar or Tim Jones
at Euro Plus on 01753 790700. Consolidated balance sheet and
consolidated statements of earnings are available upon
request.

This press release was distributed by ResponseSource Press Release Wire on behalf of Pleon in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.