CONTACT: Jason VanWees (310) 893-1642	Teledyne Microelectronic Technologies Monique Goossens (310) 574-2061
Robyn Choi (310) 893-1640

IRVINE, California -- January 31, 2005 -- Teledyne Microelectronic Technologies, a Teledyne Technologies Company (NYSE:TDY), with headquarters in Los Angeles, CA has announced that it will be a co-sponsor of Medtech Insight's Prestigious "Investment In Innovation (In3): A Preview of Early-Stage Medical Technology Companies" Conference, taking place February 10-11, 2005 at the Hyatt Regency Irvine in Irvine, California.

Teledyne Microelectronic Technologies is a world leader of microelectronic engineering and manufacturing services, with an emphasis on highly complex, mixed-technology, mixed-signal, miniaturized electronic assemblies. Since 1974 the Medical Product Line has delivered well over a million assemblies to a large variety of customers, ranging from the giants of the industry, such as Medtronic, Guidant, Advanced Bionics Corporation and St. Jude Medical, to small start-up companies. The past and current product mix includes cardio-rhythm management devices (pacemakers, defibrillators, LVADs), as well as drug pumps, implantable and external hearing aids, neural stimulators and a variety of sensors. The developed infrastructure and process know-how allow Teledyne to mix and match conventional chip & wire, chip-on-board, SMT and high-density flip-chip technologies to achieve maximum functional performance while minimizing the weight and volume of the final assembly. Both Procurement Chain Management and Quality Systems ensure a dock-to-stock qualified, turnkey operation for Class III devices.

A key advantage of Teledyne's Medical Product Line is its ability to leverage the expertise and technology of other product lines within Teledyne. Relevant product lines include Power Electronics and High-Speed Communications. Customers with applications ranging from hermetic power supplies to telemedicine can take advantage of easy access to experts in the field. Co-located Teledyne Lighting and Displays, brings patented solutions to the table for LED based, high-intensity light sources.

High-reliability, Class III devices are fabricated in Teledyne Microelectronic Technologies' Los Angeles facility. The FDA certified facility of Teledyne Electronic Manufacturing Services in Mexico, a Teledyne facility in Scotland as well as a manufacturing partnership in China, are available for manufacturing of Class I and Class II or higher-volume products. Completing Teledyne's corporate strategy in the field of medical devices is Teledyne Analytical Instruments with its unique line of clinical oxygen analyzers and bio-signal amplifiers. Together, these Teledyne companies are ready to answer the technological demands of the exciting medical device industry. The Medical Devices Group is uniquely positioned for growth through superior technology and customer service.

Now a division of Windhover Information Inc., Medtech Insight is the leading provider of business information and market intelligence for the medical technology marketplace. To register for In3 Irvine or for more information on Medtech Insight, please call Scott Pantel at 949-219-0150 or 888-290-2225 toll-free in the U.S., e-mail sales@medtechinsight.com, or visit www.medtechinsight.com.

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