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TYCO ELECTRONICS TO PRESENT AT CREDIT SUISSE 2008 ANNUAL TECHNOLOGY CONFERENCE
PEMBROKE, Bermuda - 2 December, 2008 - Tyco Electronics Ltd.'s (NYSE: TEL; BSX: TEL) Chief Executive Officer Tom Lynch will present at Credit Suisse's 2008 Annual Technology Conference in Scottsdale, Ariz. tomorrow, Dec. 3, 2008, at 10:00 a.m. Mountain Standard Time.
During his presentation, Lynch will update investors on recent business trends and the current outlook for the company's first fiscal quarter ending Dec. 26, 2008. He will note that November orders weakened from October levels -- primarily in the Electronic Components segment. Lynch will also indicate that the company is currently tracking toward the low end of the sales and earnings per share (EPS) outlook ranges that it provided on Nov. 6, 2008. The company's first quarter outlook had expected sales of $2.9 to $3.0 billion, a decline of 16 to 19 percent from the prior year, and adjusted EPS from continuing operations of $0.24 to $0.28.
An audio webcast of the presentation will be available and can be found at Tyco Electronics' website: http://investors.tycoelectronics.com/. An audio replay of the webcast will be available beginning within 24 hours after conclusion of Credit Suisse's live event on Dec. 4, 2008 and ending at 11:59 p.m. on Jan. 4, 2009 and can be accessed at the same website.
ABOUT TYCO ELECTRONICS
Tyco Electronics Ltd. is a leading global provider of engineered electronic components, network solutions, undersea telecommunication systems and wireless systems, with 2008 sales of US$14.8 billion to customers in more than 150 countries. We design, manufacture and market products for customers in industries from automotive, appliance and aerospace and defense to telecommunications, computers and consumer electronics. With nearly 8,000 engineers and worldwide manufacturing, sales and customer service capabilities, Tyco Electronics' commitment is our customers' advantage. More information on Tyco Electronics can be found at http://www.tycoelectronics.com/.
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Contacts: |
Media Relations: Sheri Woodruff 610-893-9555 Office 609-933-9243 Mobile swoodruff@tycoelectronics.com |