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Symbol Technologies, Inc. Gillian Munson, VP Corporate Development March 6, 2006

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Symbol Technologies, Inc.Gillian Munson, VP Corporate Development

March 6, 2006

Page 2: Symbol Technologies, Inc. - library.corporate-ir.netlibrary.corporate-ir.net/.../SymbolTechnologiesRaymondJamesV5.pdfpresentation, we have provided a ... AP5131 a/b/g W-IPS Wireless

Private Securities Litigation Reform Act of 1995 Safe Harbor Provision

During the course of this presentation, we may make projections or other forward-looking statements regarding future events or the future financial performance of the company. Such statements are just estimates, and actual events or resultsmay differ materially. We refer you to the documents that Symbol files from time to time with the SEC. These documents contain and identify forward factors, risks and uncertainties that could cause actual results to differ materially from those contained in our projections or forward-looking statements.This presentation includes certain non-GAAP financial measures as defined under SEC rules. As required in this slide presentation, we have provided a reconciliation of those measures to the most directly comparable GAAP measures.Copies of our SEC filings are available upon request or by accessing our company website at www.symbol.com.

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Agenda

• Symbol at a Glance

• Company Vision & Competitive Advantage

• Management Team

• Q4 ’05 Highlights/Revenue Breakdown

• Recent Product Launches/RFID Update

• 2006 Outlook/Top Priorities

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Symbol at a Glance

Founded: 1975Normalized Revenue & EPS:

2005 Revenue: $1.77B2005 EPS: $0.22

Employees: ~5,200Partners: 10,000+Patents: 900+

Retail GovernmentTravel &Transportation

HealthcareManufacturingWholesale Distribution

Advanced Data Capture

Mobile Computing

Wireless Infrastructure

Mobility SoftwareRFID Global

Services

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VisionVision “Symbol = Enterprise Mobility”Connecting people and objects to information resources

Company Vision andCompetitive Advantage

• Unique end-to-end enterprise mobility solutions

• Technology and intellectual property leadership

• A global presence

• Long-term customer relationships and knowledge of vertical markets

• A channel-centric and alliance-centric sales model

• Customer service and support• An experienced management team

Our Competitive Advantage

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Management Team

Sal IannuzziPresident & CEO

Todd AbbottSVP WorldwideSales

Boris MetlitskySVP GlobalProducts Group

Tim YatesSVP & Chief Financial Officer

Mary McLeodSVP GlobalHuman Resources & Corporate Affairs

Tom CollinsSVP WW SupplyChain Operations

TBDSVP GeneralCounsel & Secretary

Arthur O’DonnellSVP & GM Global Services Division & CQO

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* Excludes cash-basis accounting conversion in Q3 ’05; restructuring charges; and, other one-time items

Q4 ’05 Highlights

Exceeded revenue & EPS expectations

Margin expansion

Further penetration into new verticals • T&T, Manufacturing, Field Mobility,

Healthcare, Govt.

New product introductions• MC70: Symbol’s first data-capture

device with LAN,PAN & WAN capabilities

PartnerSelect passes $1B mark in annual bookings $0.10

$24.8M

8.9%

$177.4M

48.3%

$217.7M

$450.5M

Q4’04

$0.07

$17.1M

6.0%

$170.2M

45.4%

$196.4M

$432.2M

Q3’05

$0.09

$22.6M

7.6%

$166.5M

45.6%

$200.0M

$438.9M

Q4’05

OPEX

GrossMargin %

EPS

Net Income

Operating Margin

Gross Profit

Revenue

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Q4 ’05 Revenue Breakdown

AP9%AP9%

EMEA28%

EMEA28%

Americas63%

Americas63%

Revenue by Region

MobileComputing

59%

MobileComputing

59%

ADC20%ADC20%

7%7%Wireless

Revenue by Product

Service17%

Service17%

ServicesServices

ProductsProducts

Other -3%

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Recent Product Launches

XR400 Gen 2

SE950and SE955 LS4278AP5131 a/b/g

W-IPSWirelessIntrusion

Protection System

MC9090-GCE 5.0

MC9090-SMC9090-KMC9097

MC3000BT, Audio & CE 5.0

MC70WAN/

PAN/LAN

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RFID Update

• #1 and #2 in deployment ofEPC readers and tags

• Complete EPC solutionprovider (tags, readers, platforms, services/support)

• Unmatched real application experience

• Broadest IP patent portfoliowith ~50 patents of our own;Rapid Start Program;and RFID IP Consortium

Pacific Cycle/Purdue Pharma – Implemented RFID Solution for Manufacturing and Item Level Tagging

McCarran Int’l Airport/Asiana Airlines –Deployed radio frequency identification (RFID) readers and tags for baggage tracking and monitoring systems

Department of Homeland Security – U.S. Visit Pilot Program

Recent Wins Pilots

XR400 Gen 2 Reader

Multi-protocol RuggedHandheld Reader

Gen 2 Early Adopter Program with Philips

Product Innovation

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2006 Financial Outlook

Q1 Guidance:• Revenue: approximately flat to slightly down vs. Q4 ‘05• Gross Margin: slight improvement vs. Q4 ‘05• Opex: $163 - $167 million• EPS: $0.08 - $0.09, excludes $0.01 in stock-based compensation

(including $0.01 - $0.02 per share associated with defense of prior mgt.)

2006 Targets:• Drive revenue growth • Opex by Q2 ’06: targeting $160 million• Operating margin: double-digit by

second-half 2006

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2006 Top Priorities

• Target key vertical markets and geographic regions to enhance leadership position

• Expand into new markets with new products (i.e., MC70)

• Continue to improve and streamline operations

• Focus on technology innovation and build upon our strong foundation of intellectual property

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THANK YOUFor Your Time & Attention