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Business Description
Symbol Technologies, Inc. is a global provider of wireless networking and information systems that allow users of its products to access, capture and transmit information at the point of activity over local area networks (LAN), wide area networks (WAN) and the Internet. Symbol offers in-house technology for the design and manufacture of products in its three core technologies: bar code reading devices, mobile computing devices and network systems. The Company is engaged in two reportable business segments: the design, manufacture and marketing of scanner integrated mobile and wireless information management systems, and the servicing of, customer support for and professional services related to these systems. These systems are used worldwide in diverse markets, such as retail, transportation and logistics, parcel delivery and postal service, warehousing and distribution, industrial, healthcare, hospitality, education and government.

Financial Information
Symbol Technologies, Inc. is engaged in the design, manufacture marketing and servicing of scanner integrated mobile and wireless information management systems. For the six months ended 6/30/02, revenues fell 22% to $617.2 million. Net loss before extraordinary item decreased 32% to $21.6 million. Revenues reflect an impact from the weakness in international IT spending. Lower loss reflects the absence of a writedown of radio frequency infrastructure and systems inventories.