Since its beginnings in 1933, Telephonics has evolved from a small company devoted exclusively to supplying lower technology electronic products to the U.S. Department of Defense, to being recognized as a world leader in high technology electronic systems and sub-systems for military and commercial applications. Today our advanced systems are successfully deployed around the world providing highly reliable situational awareness to our war-fighters and performing critical military missions. With today's heavy emphasis on Net-Centric military operations, the same innovative thinking and technologies that were incorporated in Telephonics' early communications developments, such as audio multiplexing and high noise environment audio headsets developed for military aircraft operations, form the basis for our current advanced, all digital, totally secure communications systems we provide our customers today. Over the years following 1933, our role has expanded further as we have added other airborne and ground based systems required on the modern battlefield to our portfolio. In addition, Telephonics' air traffic management systems help control air traffic in some of the most densely populated air spaces around the world.

In 1977, to satisfy our own internal requirements for more advanced, complex, and increasingly sophisticated custom integrated circuits, Telephonics established its Telephonics Large Scale Integration (TLSI) subsidiary. TLSI has grown steadily since then into a leading supplier of custom Application Specific Integrated Circuits (ASICS) to the automotive, security, and communications equipment marketplaces.

In 1988 Telephonics acquired the Command Systems Division (CSD) of AIL, a division of the Eaton Corporation. CSD brought to Telephonics broader capabilities based on its distinguished history dating to the earliest days of Radar, Identification Friend or Foe and Air Traffic Control technology. Today, CSD, now known as the Radar Systems Division, continues to develop and deliver market-leading systems and technology to the domestic and international defense markets.

Telephonics' wireless communication products meet the challenges of both military and commercial applications. Telephonics' provides advanced technology wireless products for airborne platforms and ground vehicles required to communicate voice and data rapidly, accurately, and securely.

With a solid business footing in our traditional defense segment and expanding presence in the commercial and international markets, we are well positioned to meet the high-technology demands of the 21st century and beyond. We are truly your company for Advanced Technology with a Global Reach.