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EVERETT, Wash.--(BUSINESS
WIRE)--March 22, 2007--Intermec,
Inc. (NYSE:IN) announced today
that Chairman and CEO Larry
D. Brady will retire as CEO
pending the Board of Directors'
identification of his successor.
Mr. Brady has held the position
of Chief Executive Officer of
Intermec and its predecessor
UNOVA since September 2000,
and of Chairman since August
2001, and will reach normal
retirement age for the company
at year-end.
The Board has
formed a search committee and
retained Egon Zehnder International,
Inc. to assist in the identification
and evaluation of internal and
external candidates.
About Intermec,
Inc.
Intermec, Inc.
(NYSE:IN) develops, manufactures
and integrates technologies
that identify, track and manage
supply chain assets. Core technologies
include RFID, mobile computing
and data collection systems,
bar code printers and label
media. The Company's products
and services are used by customers
in many industries worldwide
to improve the productivity,
quality and responsiveness of
business operations. For more
information about Intermec,
visit www.intermec.com or call
800-347-2636. Contact Intermec
Investor Relations Director
Kevin McCarty at kevin.mccarty@intermec.com,
425-265-2472.
(Forward-looking
Statement)
Statements made
in this release and related
statements that express Intermec's
or our management's intentions,
hopes, beliefs, expectations
or predictions of the future
constitute forward-looking statements,
as defined by the Private Securities
Litigation Reform Act of 1995,
and relate to matters that are
not historical facts. Actual
results may differ from those
expressed or implied in our
forward-looking statements.
These statements represent beliefs
and expectations only as of
the date they were made. We
may elect to update forward-looking
statements but we expressly
disclaim any obligation to do
so, even if our beliefs and
expectations change. Such forward-looking
statements involve, and are
subject to, certain risks and
uncertainties. These include,
but are not limited to, risks
and uncertainties described
more fully in our reports filed
or to be filed with the Securities
and Exchange Commission including,
but not limited to, our annual
reports on Form 10-K and quarterly
reports on Form 10-Q.
CONTACT: Intermec,
Inc.
Kevin P. McCarty, Director of
Investor Relations
425-265-2472
kevin.mccarty@intermec.com
SOURCE: Intermec,
Inc.
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