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News

22nd Oct 2008

SEOS Acquired

SEOS to be acquired by Rockwell Collins

CEDAR RAPIDS, Iowa (Oct. 17, 2008) –

SEOS, a leading global supplier of highly realistic visual display

solutions for commercial and military full flight simulators, announced today the intent to be acquired by

Rockwell Collins, Inc. (NYSE: COL). Terms of the agreement were not disclosed.

After completion of the transaction, SEOS will operate under the Rockwell Collins name and will become part

of the Simulation and Training Solutions organization.

“SEOS has enjoyed a wonderful 24-years as an independent company within the simulation industry - but

we now feel that for the benefit of our customers and staff, we need a strong partner to take us to the next

level,” said Owen Wynn, executive chairman of SEOS. “Rockwell Collins is the perfect choice because of the

wonderful synergies between the two companies. We are all extremely excited about the prospects

of working together in the future.”

“We are pleased to bring SEOS’ expertise and excellent customer affinity to Rockwell Collins. Their state-ofthe-

art displays, coupled with our industry-leading image generators, create a fully integrated visual system

that is truly greater than the sum of its parts,” said Rockwell Collins Chairman, President and CEO Clay

Jones. "The addition of SEOS’ innovative displays to our simulation and training offering further enhances

our ability to deliver a highly realistic training experience to our commercial and military customers.”

The transaction is expected to be completed in about 30 days and is subject to regulatory approvals. The

acquisition is not expected to have a material impact on Rockwell Collins’ fiscal year 2009 earnings.

Rockwell Collins (NYSE: COL) is a pioneer in the development and deployment of innovative communication

and aviation electronic solutions for both commercial and government applications. Our expertise in flight

deck avionics, cabin electronics, mission communications, information management and simulation and

training is delivered by 20,000 employees, and a global service and support network that crosses 27

countries. To find out more, please visit www.rockwellcollins.com.

SEOS, which has 150 employees and is headquartered in West Sussex, U.K., provides complete design,

development, production, installation and support services that are used worldwide in simulators for military

and commercial flight, air traffic control, marine and surface transportation. The company has established a

worldwide reputation for supplying innovative, high quality, cost-effective display solutions.

This press release contains statements (such as projections regarding future performance) that are forwardlooking

statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may

differ materially from those projected as a result of certain risks and uncertainties, including but not limited

to the risks inherent in the integration of SEOS into Rockwell Collins.

 

 

 


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