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Zebra Technologies Announces Divestiture of Navis

LINCOLNSHIRE, Ill. Jan. 31, 2011 $190 million $30-$40 million

The transaction also includes certain business operations serving marine terminal customers that comprised a small part of Zebra’s 2007 acquisition of WhereNet, including the WhereNet Marine Terminal Solution product line. All other elements of WhereNet, such as real time location, tags and readers, will remain with Zebra.

Anders Gustafsson

Based on a strategic review of its business, the company determined that the highly industry-specific nature of Navis limited its application in other industries and was insufficiently aligned with the core business. Navis is a leading global solutions provider of operating systems to coordinate and automate the planning and management of container and equipment moves in marine terminals and other complex and demanding business environments.

Mr. Gustafsson continued, "We will continue to drive profitable growth through global expansion in under-served regions, investing in product and channel development, and building stronger customer relationships through large system integrators and independent software vendors."

About Zebra Technologies

To the extent that this news release discusses expectations about the proposed sale or otherwise makes statements about the future, including with regard to Zebra’s future growth and financial performance, such statements are forward-looking, as defined by the Private Securities Litigation Reform Act of 1995, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made herein. These factors include the risk that the proposed sale may not be completed and that Zebra may not perform at the level of current expectations. Other December 31, 2009 and in the company’s subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and press releases. Zebra undertakes no obligation, other than as may be required by law, to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changed circumstances or any other reason after the date of this release.




Douglas A. Fox, CFA

Orlando De Bruce

Vice President, Investor Relations

Director, Global Public Relations

and Treasurer

+1 510 267 5052

+1 847 793 6735

[email protected]

[email protected]

SOURCE Zebra Technologies Corporation

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