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26 July 2000

Symbol Technologies, Inc. (NYSE:SBL - news), a global leader
in mobile data management systems, today announced record
revenue and net income for the second quarter ended June 30,
2000.

Revenue for the second quarter ended June 30, 2000, was
$341.4 million, 24.6 percent higher than the $274.1 million
in the corresponding year-earlier period. Net income for the
quarter was $36.2 million, or $0.25 diluted earnings per
share, 30.2 percent higher than the $27.8 million, or $0.20
diluted earnings per share in the quarter ended June 30,
1999. All information has been adjusted to reflect a
three-for-two split of the Company's common stock on April
5, 2000.

``Revenues and EPS both grew at approximately 25% in the
second quarter, fuelled by our new mobile and wireless
systems products,'' said Tomo Razmilovic, President and CEO.
``The quarter was again marked by several significant
announcements - including our agreement with Motorola to
create a new company that will allow one-scan access to the
Internet through embedding bar-code scanners in wireless
phones, cable TV set-top terminals and Internet-enabled
devices. We remain excited about our future and will
continue to capitalise on the significant potential in our
traditional and emerging businesses.''

``Symbol delivered another outstanding quarter, reflecting
continued strength across our major business lines,
particularly in North America,'' said Dr. Jerome Swartz,
Symbol's Chairman. ``We continue to generate broad and
balanced growth across a wide range of products and systems
wrapped around our radio and scan engines, addressing
traditional markets throughout the entire retail logistics
supply chain and emerging markets in healthcare and
education, out to the dot coms and into the home.''


Please make a note that a conference call has been set up
for 11:00 am eastern standard time today (16:00 British
summer time) in place of our originally scheduled call at
4:45 pm. The new dial-in number: +1 785-832-1077 Pass Code:
Symbol Technologies Q2



A replay has been set up and will be available beginning
3:00 pm eastern standard time on Wednesday, July 26th
through Tuesday, August 1st on a 24-hour non-stop basis. The
dial-in number to access this replay is: +1 719-457-0820 --
Pass Code: 529921.

Symbol Technologies, Inc., winner of this year's U.S.
National Medal of Technology, is a global leader in mobile
data transaction systems, providing innovative customer
solutions based on wireless local area networking for data
and voice, application-specific mobile computing and
bar-code data capture. Symbol's Wireless Information
Appliances connect the physical world of people on the move,
packages, paper and shipping pallets, to information systems
and the Internet. Today, some 10 million Symbol bar-code
scanners, mobile computers and wireless LANs are utilised
worldwide in markets ranging from retailing to
transportation and distribution logistics, manufacturing,
parcel and postal delivery, government, healthcare and
education. Symbol's systems and products are used to
increase productivity from the factory floor to the retail
store, to the enterprise and out to the home. Information
about Symbol is available at www.symbol.com and
1-800-722-6234.

This news release contains forward-looking statements based
on current expectations, forecasts and assumptions that
involve risks and uncertainties that could cause actual
outcomes and results to differ materially. These risks and
uncertainties include price and product competition,
dependence on new product development, reliance on major
customers, customer demand for our product and services,
control of costs and expenses, international growth, general
industry and market conditions and growth rates and general
domestic and international economic conditions including
interest rate and currency exchange rate fluctuations. For a
further list and description of such risks and
uncertainties, see the reports filed by Symbol with the
Securities and Exchange Commission. Symbol disclaims any
intention or obligation to update or revise any
forward-looking statements, whether as a result of new
information, future events or otherwise.

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.