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Business Description
Teleflex Incorporated is a diversified manufacturing company that consists of three principal operating business segments: Commercial, Medical and Aerospace. The Commercial segment designs and manufactures various products focused primarily on the automotive, marine and industrial markets. The Medical segment manufactures and distributes two principal product lines, health care supply and surgical devices, to various medical markets worldwide. The Aerospace segment manufactures products for the commercial aerospace, power generation and industrial turbo machinery markets and, to a lesser extent, the military market. Products in the Commercial segment are generally produced in higher unit volume than that of the Company's other two segments. During the fiscal year ended December 28, 2003, the Commercial segment represented 53% of the Company's consolidated net sales, while Medical and Aerospace represented 24% and 23%, respectively.

Financial Information
For the nine months ended 9/26/04, revenues increased 14% to $1.92 billion Net income increased 2% to $81.1 million. Revenues reflect strong volume gain in the Commercial segment, and increased sales in the Medical segment. Net income was partially offset by lower operating margins from Aerospace segment.