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Teledyne Controls Receives Order from Neos for AirFASE® Flight Data Monitoring Software

LOS ANGELES, CA - September 7, 2006 - Teledyne Controls, a business unit of Teledyne Technologies Incorporated (NYSE: TDY), announced today that they have received an order from Italian carrier Neos for the Aircraft Flight Analysis and Safety Explorer AirFASE®, a flight data monitoring software jointly developed by Teledyne Controls and Airbus. Specifically designed to assist aircraft operators with their flight operations, safety management, and aircraft maintenance programs, the AirFASE system will enable Neos to monitor their fleet of B737NG and B767 300ER aircraft.

"We are very pleased that Neos selected AirFASE for their flight data analysis," said Peter Clapp, Director of Marketing and Business Development for Teledyne Controls' Flight Data Solutions. "With almost 60 systems installed worldwide, AirFASE has gained in maturity and provides the user-friendly and reliable solution Airlines need to easily and efficiently monitor their aircraft data."

Selected by approximately 80 airlines worldwide, the AirFASE software offers a proven flight data analysis solution that allows airlines to maintain their flight operations monitoring programs and harmonize them with regulatory agencies' recommendations and requirements. Designed to translate aircraft data into meaningful information, the AirFASE solution enables operators to evaluate flight operations trends, identify risk precursors, and take early preventive/corrective actions. The AirFASE system performs all the major functions of the flight data analysis process. A sophisticated Flight Analysis Program (FAP), unique to each aircraft type, reconstructs the flight, compares actual data with recommended values, and highlights abnormal events and deviations. Visualization tools, including 3D animation, allow for the easy review of flight information, while a powerful and configurable reporting editor delivers comprehensive and customizable reports. The AirFASE solution is compatible with all major types of commercial transport aircraft, such as Airbus, Boeing, Bombardier, Embraer, etc.

About Teledyne Controls
Headquartered in Los Angeles, Teledyne Controls is a business unit of Teledyne Technologies Incorporated, and a leading manufacturer and innovator of a wide range of air transport, business & commuter aircraft, helicopter, and airport systems. Teledyne Controls supports its many airline, airframe, helicopter, airport customers with extensive product-support bases and worldwide facilities. More information about Teledyne Controls can be found at www.teledynecontrols.com.

About Teledyne Technologies Incorporated
Teledyne Technologies is a leading provider of sophisticated electronics, instruments and communication products, systems engineering solutions aerospace engines and components and on-site gas and power generation systems. Teledyne Technologies has operations in the United States, the United Kingdom, Mexico, and Canada. For more information, visit Teledyne Technologies' website at www.teledyne.com.

About Airbus
Airbus is a leading aircraft manufacturer whose customer focus, commercial know-how, technological leadership and manufacturing efficiency have propelled it to the forefront of the industry. With a turnover of slightly over 22 billion euros in 2005, Airbus today consistently captures about half of all commercial airliner orders. The company also continues to broaden its scope and product range by applying its expertise to the military market. Airbus has sold more than 6,300 aircraft, has some 250 customers/operators and has delivered over 4,300 aircraft since it first entered service in 1974. Headquartered in Toulouse, France, Airbus is jointly owned by EADS (80%) and BAE Systems (20%). More information can be found at http://www.airbus.com


Teledyne Controls Contacts:
Todd Stout
Manager, Sales & Service Europe, Africa & CIS
Phone: +44 (0) 797 924 3314
Email: tstout@teledyne.com

Peter Clapp
Director, Marketing and Business Development, Flight Data Solutions
Phone: +44 (0) 780 283 4683
Email: pclapp@teledyne.com

Warren Hechinger
Director of Sales & Service Europe, Africa & CIS
Phone: +1 (310) 442 4169
Email: warren_hechinger@teledyne.co





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