Teledyne Controls Unveils the New MagnaStar® Personality Memory Feature

LOS ANGELES - April 23, 2001 - Teledyne Controls, a business unit of Teledyne Technologies Incorporated (NYSE:TDY) announced that, beginning this month, the MagnaStar® air telephone system will offer a new maintenance feature called the Personality Memory Module. Designed for installations with multiple telephone and data ports, the Personality Memory Module reduces servicing time by eliminating the need to reprogram each handset should the MagnaStar® system ever need maintenance.

Accomplished via a software upgrade to the existing Cabin Distribution Busrepeater-2, the Personality Memory automates the transfer of configuration data to the MagnaStar® air radio. This automation reduces system set-up time and eliminates the need to re-enter speed dial numbers, system and station configuration parameters. The upgrade involves no changes to existing aircraft hardware.

MagnaStar® is a digital cellular air telephone system designed specifically for corporate and regional jets. Operating exclusively over GTE's Airfone® digital telephone network, MagnaStar® is manufactured by Raytheon and exclusively distributed by Teledyne Controls. MagnaStar® transfers airborne calls from one cell site to another, giving its customers seamless connectivity across the continental United States, Mexico and Southern Canada. When tied to TeleLink®, MagnaStar® also supports capabilities such as graphic weather information for the cockpit as well as a wide variety of in-flight entertainment uses.

"The addition of this memory feature will benefit the customer and servicing facilities by substantially reducing the maintenance," said Ray Larkin, director of communication products of Teledyne Controls.

GTE Airfone®, based in Oakbrook, IL, is a wholly owned subsidiary of Verizon Communications (NYSE:VZ), one of the world's leading providers of communications services. Verizon companies are the largest providers of wireline and wireless communications in the United States, with more than 100 million access line equivalents and 25.6 million wireless customers.

Raytheon Company, based in Lexington, MA, is a global technology leader that provides products and services in the areas of commercial and defense electronics and business and special mission aircraft. It has operations throughout the United States and serves customers in more than 70 countries.

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

For more information contact: Ray Larkin Teledyne Controls (310) 442-4180