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News

Teledyne Energy Systems Named Exclusive Distributor For Scribner Associates Fuel Cell Test Equipment

LOS ANGELES - May 13, 2002 - Teledyne Technologies Incorporated (NYSE:TDY) today announced that Teledyne Energy Systems, Inc. (TESI) became the exclusive distributor of fuel cell testing equipment and software manufactured by Scribner Associates Inc (SAI). TESI's exclusive territory covers all regions of the world with the exception of Japan and Korea.

TESI, through its international sales and service network will offer, electronic loads designed specifically for fuel cell testing in the range of 100 to 1000 watts. Other hardware offerings include a reformate simulator that controls up to 5 different gases to simulate the fuel stream from a reformer, and a cell voltage monitor that is used to monitor individual cell voltages in a fuel cell stack. TESI will also distribute SAI's industry leading FuelCell™ software, which provides the control and data collection capabilities for the test stations, as well as real-time impedance data.

"We are very pleased to expand our strategic alliance with SAI," said Robert Mehrabian, chairman, president and chief executive officer of Teledyne Technologies Incorporated. "SAI's experience gained from delivering over 300 systems at over 100 different customer sites combined with TESI's capabilities, will allow this alliance to rapidly expand its presence in the high quality fuel cell test system marketplace."

"We expect that TESI's recognized expertise in hydrogen generation and gas management systems, combined with our electronics and software will result in a new benchmark in test systems for research and development of fuel cells." said Louie Scribner, president of Scribner Associates, Inc.

Fuel cells are an alternative solution to produce electric power. Fuel cells safely harness the energy from the electro-chemical reaction when hydrogen and oxygen are combined. The only products of the reaction are electricity and water. Fuel cells are under development by both the transportation and utility industries to offer higher efficiency and lower pollution than fuel combustion based power systems.

For sales inquires call TESI's Scribner sales line at 410-891-2275 or visit our website at www.teledynees.com

Investor Contact:
Jason VanWees
(310) 893-1642

Press Contact:
Robyn McGowan
(310) 893-1640




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