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Teledyne Expands CMOS X-Ray Detector Manufacturing Capacity

THOUSAND OAKS, Calif. — (BUSINESS WIRE) — March 1, 2018 — Teledyne Technologies Incorporated (NYSE: TDY) announced today that its subsidiary, Teledyne DALSA, Inc., is expanding its manufacturing capacity given increased demand for the company’s proprietary Complementary Metal–Oxide–Semiconductor or CMOS-based digital X-ray detectors. Teledyne DALSA is a leader in the design and assembly of specialized CMOS X-ray detectors which offer superior lag-free, real-time imaging at both higher resolution and reduced X-ray dose levels.

Teledyne currently provides CMOS X-ray detectors for a complete range of dynamic applications including medical radiology, dental imaging and industrial non-destructive test applications. Teledyne detectors feature proprietary active pixel architecture which offers higher image quality, quantum efficiency and signal-to-noise ratio compared with image intensified charge coupled devices (IICCDs), amorphous silicon (a-Si) or amorphous selenium (a-Se) detectors and even other CMOS-based competitive products.

In order to service its global customer base, Teledyne currently operates X-ray detector manufacturing and assembly locations in the Netherlands, Canada and the United States.

“The expansion of the cleanroom facilities in the Netherlands will help us satisfy greater anticipated demand from dental and medical imaging OEMs,” said Robert Mehrabian, Chairman, President and Chief Executive Officer of Teledyne. “In fact, we currently expect that demand for our detectors will more than double by 2020 compared with 2017.”

About Teledyne DALSA

Teledyne DALSA is an international technology leader in sensing, imaging, and specialized semiconductor fabrication. Our image sensing solutions span the spectrum from infrared through visible to X-ray; our MEMS foundry has earned a world-leading reputation. Teledyne DALSA employs approximately 1,400 employees worldwide and is headquartered in Waterloo, Canada. Teledyne DALSA is part of the Teledyne Imaging Group. For more information, visit www.teledynedalsa.com.

About Teledyne Technologies Incorporated

Teledyne Technologies is a leading provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems. Teledyne Technologies’ operations are primarily located in the United States, the United Kingdom, Canada, and Western and Northern Europe. For more information, visit Teledyne Technologies’ website at www.teledyne.com.

Forward-Looking Information Cautionary Notice

This press release contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from these forward-looking statements. Many factors could change anticipated results, and risks are identified in Teledyne’s 2017 Annual Report on Form 10-K.



Contact:

Teledyne Technologies Incorporated
Investor Contact:
Jason VanWees, (805) 373-4542