SBL Accelerated Return Bear Notes

New Channel Chief Brings Record of Successful Technology Sales and Team Development to Symbol's PartnerSelect Program HOLTSVILLE, N.Y., Aug. 23 /PRNewswire-FirstCall/ -- Symbol Technologies, Inc. (NYSE:SBL), The Enterprise Mobility Company(TM), today announced the appointment of Sanford (Sandy) Preizler as vice president of worldwide channels. Preizler will oversee Symbol's award-winning, global PartnerSelect Program, and continue to drive business through enabling partners that deploy enterprise mobility solutions that bring efficiency and productivity to customers. (Logo: http://www.newscom.com/cgi-bin/prnh/20041029/SYMBOLOGO ) "Symbol's PartnerSelect channel program is already strong and vibrant. Our percentage of business through the channel grew from 45 to 75 percent in the last three years -- a goal and commitment to our partners that we took very seriously," said Preizler. "In my new role, I will work with our partners to help accelerate growth in their business in order to drive Symbol's business forward. Also, as RFID continues to be strategic both to Symbol and our customers, my experience and leadership uniquely qualifies me to work with our go-to-market partners in this position, and enable them to deploy RFID technologies." Preizler was vice president of worldwide RFID sales for Symbol since March 2005, and helped grow the RFID business to more than 100 strategic RFID installations in key regions and across Symbol's target vertical markets. Under Preizler's leadership, Symbol recently installed 40 new RFID pilot customers in the second quarter this year. Sandy led the global RFID sales team; built and established Symbol's world-class sales and business development teams; and redefined the go-to-market strategy that resulted in Symbol's leadership position in the RFID industry today. Prior to joining Symbol, Preizler was a top-ranked channel sales director at Cisco Systems responsible for multi-billion dollar business across the Eastern United States. Additionally, he spent nearly ten years at Cisco in various international sales management positions based out of the U.S. and Europe in the commercial, enterprise and service provider business segments. 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. More information is available at http://www.symbol.com/. For Symbol Technologies: For media information: Ed Tan Christel Van Der Boom Symbol Technologies, Inc. A&R Edelman for Symbol Technologies 408.528.2996 650.429.2743 For financial information: For industry analyst information: Lori Chaitman/ Nancy Coco Shirley Schroedl Symbol Technologies, Inc. Symbol Technologies, Inc. 631.738.5050 631.738.4823 http://www.newscom.com/cgi-bin/prnh/20041029/SYMBOLOGO http://photoarchive.ap.org/ DATASOURCE: Symbol Technologies, Inc. CONTACT: For Media information, Christel Van Der Boom, A&R Edelman for Symbol Technologies, +1-650-429-2743, ; or Ed Tan of Symbol Technologies, Inc., +1-408-528-2996, , or For financial information, Lori Chaitman, , or Nancy Coco, both - +1-631-738-5050, or For industry analyst information, Shirley Schroedl, +1-631-738-4823, , all of Symbol Technologies, Inc. Web site: http://www.symbol.com/

Copyright