Symbol and Datalogic Extend and Expand OEM Partnership

BOLOGNA and HOLTSVILLE, N.Y., Oct. 17  /PRNewswire-FirstCall/ -- Datalogic S.p.A., one of the world's leading manufacturers of barcode readers and portable terminals for data capture, and Symbol Technologies, Inc. (NYSE:SBL), The Enterprise Mobility Company(TM), today announced an extension to their Original Equipment Manufacturer (OEM) agreement. Under the terms of the five year agreement, which contains a five year renewal option, Symbol will be Datalogic's exclusive supplier of laser scan engines and also provide wireless technology. The contract's total value is currently estimated to be up to $60-75 million over the five year term.

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"The renewal of our contract with Symbol is a testament to the value Symbol brings to Datalogic and its customers," said Roberto Tunioli, chief executive officer, Datalogic. "By extending and expanding our relationship with Symbol, Datalogic can redeploy resources and focus on product development and our core manufacturing and research initiatives."

For the past 14 years, Symbol has supplied Datalogic with laser scan engines and radio cards which were embedded in Datalogic's handheld scanners and mobile computers. The exclusive agreement announced today will enable Datalogic to rely on Symbol's continued innovation and expertise in scan engines, wireless technology, and other mutually agreeable technologies.

"As the leading OEM of scan engines in the automatic identification/data capture (AIDC) market, we are pleased to become an exclusive supplier to Datalogic," said Sal Iannuzzi, president and chief executive officer, Symbol Technologies. "Symbol remains focused on providing our customers and partners with cutting-edge technologies; and this OEM relationship demonstrates our continued commitment to innovation, research, and product development."

With more than eight million scan engines installed worldwide, Symbol's scan engines are designed to deliver peak performance and high reliability to ensure the accurate capture of information. Symbol's scan engines provide quality, reliability, performance and durability for the scanning and decoding of one-dimensional (1D) or two-dimensional (2D) bar codes.

About Datalogic

Datalogic is the largest European manufacturer of CCD and laser-based bar code readers and mobile computers. Datalogic is present in the promising RFID market via its subsidiary Escort Memory Systems Inc. (Scotts Valley, California), with a leading position in the automotive sector, electronics manufacturers and warehouse management systems (WMS). In addition, with the recent acquisition of Laservall, the Group has entered the laser marking sector, which features extensive applications and outstanding growth prospects. Also, at its Informatics subsidiary in Plano, Texas, the company offers a broad array of software and hardware solutions which serve the emerging small business segment. Datalogic, with its headquarters in Bologna, Italy, is quoted on the Milan Stock Exchange, and employs approximately 979 staff world-wide.

The company is directly present in Australia, Austria, Denmark, Finland, France, Germany, Great Britain, Hong Kong, Italy, Japan, the Netherlands, Spain, Sweden and the USA. In order to promote its products and improve the quality of its service to all its customers, Datalogic has developed a wide network of partners in over 40 countries, selected and qualified in order to offer services and solutions up to the highest level in the industry. For more information, please visit http://www.datalogic.com/

About Symbol Technologies

Symbol Technologies, Inc., The Enterprise Mobility Company(TM), is a recognized worldwide leader in enterprise mobility, delivering products and solutions that capture, move and manage information in real time to and from the point of business activity. Symbol enterprise mobility solutions integrate advanced data capture products, radio frequency identification technology, mobile computing platforms, wireless infrastructure, mobility software and world-class services programs. Symbol enterprise mobility products and solutions are proven to increase workforce productivity, reduce operating costs, drive operational efficiencies and realize competitive advantages for the world's leading companies.

  For Symbol Technologies:
  For media information:
  Bill Abelson                          Betsy Blicharz
  Symbol Technologies, Inc.             Edelman Public Relations
  631.738.4751                          212.704.4484
                 

  For financial information:            For industry analyst information:
  Lori Chaitman                         Shirley Schroedl
  Symbol Technologies, Inc.             Symbol Technologies, Inc.
  631.738.5050                          631.738.4823
                

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DATASOURCE: Symbol Technologies, Inc.



CONTACT:  Media, Betsy Blicharz, [phone],

, of Edelman Public Relations, for Symbol

Technologies, Inc.; or Bill Abelson, [phone], ,

or Financial Information, Lori Chaitman, [phone],

, or Industry Analyst Information, Shirley Schroedl,

[phone], , all of Symbol Technologies,

Inc.



Web site:  http://www.symbol.com/

http://www.datalogic.com/ 

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