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Charles Schaeffer (Charlie)
Username: Charlie

Post Number: 2
Registered: 06-2008
Posted on Wednesday, October 15, 2008 - 05:00 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Moderator/Admin Only) Ban Poster IP (Moderator/Admin only)

Paris and Schaumburg, IL - Oct 15, 2008 – SAFRAN through Sagem
Sécurité, its wholly owned subsidiary and a world leader in ID
solutions based on biometrics, today announced that it has entered
into a definitive agreement to acquire the biometric business unit
within Motorola Inc. (NYSE: MOT), which includes its Printrak
trademark. The acquisition has been approved by Motorola and SAFRAN.

Motorola's biometric business unit, headquartered in Anaheim,
California, USA, designs, develops, integrates and maintains
automated fingerprint identification systems ("AFIS") for law
enforcement, civil and commercial customers around the world. The
firm serves national, state, county and municipal agencies
internationally and provides integration solutions and systems for
more than 300 customers in 40 countries in North America, Europe, the
Middle East and Asia.

Jean-Paul Herteman, CEO of SAFRAN said, "This acquisition enables
Sagem Sécurité to strengthen its position in the US market for
homeland security where it is already committed to offer world-class
identification solutions to government, state and local markets. This
acquisition is a continuation of SAFRAN's long history of investing
in the US. It is also an important step in our plan to improve our
product offering, expand production in the US, and reduce costs."

Jean-Paul Jainsky, CEO of Sagem Sécurité added, "Through this
acquisition, Sagem Sécurité, its existing customers, and Motorola's
existing biometrics customers are expected to benefit from increased
efficiencies and customer responsiveness from the merger of the two

"Biometrics is a very dynamic business that we believe requires
companies to specialize in the technology," said Gene Delaney,
president, Government & Public Safety, Motorola. "To best serve our
customers and employees, Motorola made a judgment that we need to
concentrate and lead in our area of strength - delivering best-in-
class mission critical communications solutions for government,
public safety and commercial customers."

The transaction is targeted to close first quarter of 2009 at the
latest and is subject to customary closing conditions and regulatory

SAFRAN, with approximately $17 billion in revenue in 2007, is an
international high-technology group. SAFRAN has been operating in the
U.S. for 30 years and is a world leader in a number of industrial
segments, including aircraft engines through the 34-year CFM
International Joint Venture with General Electric, and also supplies
aircraft components used on many U.S. military platforms as well as
civil aviation customers. Its largest U.S. customer is Boeing and it
has significant relationships with other U.S. aerospace companies.
SAFRAN operates in aerospace propulsion, aircraft equipment, defense
and security.

Products incorporating SAFRAN's technology have been used for over 20
years by the U.S. Air Force, U.S. Navy, U.S. Army, U.S. Marine Corps,
U.S. Coast Guard and NASA. Representative products today include KC-
135R Stratotanker C-17 Globemaster, F/A-18, F-16, F-22, V-22 and C-
130. SAFRAN is party to over 100 technical assistance agreements
(TAAs) and manufacturing licence agreements (MLAs), has 22 empowered
corporate officials dedicated to export control and regulations

and is committed to full compliance to such requirements and
implements internal policies and procedures to this end. SAFRAN has
more than 57,000 employees in over 30 countries, including 3,500
employees in the U.S. with facilities and offices in 42 locations
across 19 states.

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