Symmetricom acquires Timing Solutions Corporation, maker of time and frequency products for milaero market

SAN JOSE, Calif., and BOULDER, Colo., 6 October 2006. Symmetricom Inc., a worldwide leader in precise time and frequency products and services, has acquired Timing Solutions Corporation, a privately held company based in Boulder, Colo., that provides high-performance time and frequency products and services for government, aerospace, and military markets. Under the terms of the agreement, Symmetricom paid approximately $8.0 million in cash.

SAN JOSE, Calif., and BOULDER, Colo., 6 October 2006. Symmetricom Inc., a worldwide leader in precise time and frequency products and services, has acquired Timing Solutions Corporation, a privately held company based in Boulder, Colo., that provides high-performance time and frequency products and services for government, aerospace, and military markets. Under the terms of the agreement, Symmetricom paid approximately $8.0 million in cash.

Timing Solutions Corporation, founded in 1991, is a maker of precision measurement technology, precision optical time/frequency distribution, two-way timing technology, and custom timing systems for government agencies, aerospace and defense customers.

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