ROVworld Subsea Information

Benthos Announces Approval of Teledyne Merger Agreement
Date: Wednesday, February 01, 2006 @ 01:04:14 EST
Topic: ONSHORE NEWS


Benthos Inc.BENTHOS, INC. a leader in the manufacture of oceanographic products and package inspection systems, announced today that the merger agreement providing for the merger of Benthos with a wholly-owned subsidiary of Teledyne Technologies Incorporated was approved at the Special Meeting of Shareholders of Benthos held today in Falmouth, Teledyne Technologies Inc.Massachusetts. Approximately 1,550,594 shares, or 73.6% of the issued and outstanding shares of Benthos, voted to approve the merger agreement. Benthos contemplates that the merger will be consummated prior to the end of business today. (JANUARY 27, 2006)

About Benthos

Benthos, Inc. manufactures oceanographic products and package inspection systems through its two divisions. The Undersea Systems Division has developed a number of products based on its established acoustic technology for energy markets, governmental entities, the port and harbor security segment of the homeland defense market, and other commercial markets. The
Package Inspection Systems Division, also referred to as the TapToneĀ® Division, has developed quality control equipment for flexible plastic, glass and other packaging used in the beverage, food and pharmaceutical markets.

About Teledyne

Teledyne Technologies Incorporated is a leading provider of sophisticated electronic components, instruments and communication products, systems engineering solutions, aerospace engines and components and on-site gas and power generation systems. Teledyne Technologies has operations in the United States, the United Kingdom, Mexico and Canada. For more information, visit Teledyne Technologies' website at www.teledyne.com.


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Source: Benthos Inc
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