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|Tyco Updates Earnings Guidance and Timing of Distribution of CIT|
|PEMBROKE, Bermuda, Feb 6, 2002 /PRNewswire-FirstCall via COMTEX/ -- In an
analyst conference call today, the management of Tyco International Ltd. (NYSE:
TYC, LSE: TYI, BSX: TYC) made the following points:
About Tyco International
Tyco International Ltd. is a diversified manufacturing and service company. Tyco is the world's largest manufacturer and servicer of electrical and electronic components; the world's largest designer, manufacturer, installer and servicer of undersea telecommunications systems; the world's largest manufacturer, installer and provider of fire protection systems and electronic security services and the world's largest manufacturer of specialty valves. Tyco also holds strong leadership positions in medical device products, financing and leasing capital, and plastics and adhesives. Tyco operates in more than 100 countries and had fiscal 2001 revenues of approximately $36 billion.
FORWARD LOOKING INFORMATION
This release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to risks, uncertainty and changes in circumstances. Actual results may vary materially from the expectations contained in the forward-looking statements. All statements contained in this release that are not clearly historical in nature are forward-looking, and the words "anticipate," "believe," "expect," "estimate," "plan" and similar expressions are generally intended to identify forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward- looking statements: economic, business, competitive and regulatory factors affecting Tyco's businesses and the execution of its plan; and other factors described in Tyco's Annual Report on Form 10-K for the year ended September 30, 2001.
SOURCE Tyco International Ltd.