|
Harris Corporation Issues Statement That It Is Not Pursuing a Merger or Sale of the Company
MELBOURNE, Florida, June 2, 2008 — Harris Corporation (NYSE:HRS) has issued a statement in response to recent market rumors and media reports. Harris acknowledged that from time to time it is approached by other companies with expressions of interest in various types of transactions, including a potential sale of the company. Harris stated today that it is not pursuing a merger or a sale. “The Board of Directors and I have great confidence in this company, its employees and its future,” said Howard L. Lance, chairman, president and chief executive officer. “Harris is uniquely positioned, with access to both government and commercial technologies, to continue to effectively serve the challenging requirements of our growing global assured communications® markets. “We believe our focus on continuing growth through the introduction of industry-leading new products, expansion of addressable markets, development of new capabilities, international expansion, and strategic acquisitions will deliver significant value going forward for our customers, shareholders and business partners as we have demonstrated in the past,” Lance said. In accordance with its standing policy, the company will not make any further statements responding to market rumors or speculation. About Harris Corporation # # # Forward-Looking Statements # # # Investor Relations inquiries: Pamela Padgett at 321-727-9383, or pamela.padgett@harris.com Media inquiries: Jim Burke at 321-727-9131, or jim.burke@harris.com For additional information, contact Harris Corporation at webmaster@harris.com. |

