CVS Selects Symbol Next-generation Wireless, Mobile Computing Solutions.

Business Editors

HOLTSVILLE, N.Y.--(BUSINESS WIRE)--Jan. 15, 2002

Symbol Technologies, Inc.(NYSE:SBL):

Retail Pharmacy to Standardize on Symbol's

High Rate Wireless Backbone for Current and

Future Applications at All 4,100 Stores

Symbol Technologies, Inc. (NYSE:SBL) announced today that it is providing long-time wireless customer CVS Corporation (NYSE:CVS), the largest retail provider of prescriptions in the nation, with its wireless local area network (LAN) infrastructure and hand held computers to enhance in-store productivity.

CVS will standardize on the Symbol Spectrum24 High Rate Wi-Fi (IEEE 802.11b) wireless LAN backbone throughout its 4,100 stores nationally. The high-speed bandwidth will be delivered to new Symbol PDT 6840 hand held computers to support a variety of in-store applications, including direct store delivery, price management, inventory control, and receiving. Benefits include faster transfer rates, increased productivity and performance, overall reduced costs and maximized customer service.

"We are committed to investing in advanced wireless LAN technologies that provide benefits today with flexibility to accommodate growth in new mobile computing applications that help us better service our customers," said Vincent Minchillo, Vice President, MIS, CVS Corporation. "Symbol is the wireless technology leader and we've experienced productivity and efficiency gains with its second-generation wireless LAN. Their innovative outlook, commitment to standards and application-specific expertise is what makes them a technology solution partner to CVS."

"Pioneering companies like CVS are investing in the next generation of wireless and mobile computing products and solutions from Symbol because they see immediate benefits and technology that will serve as the backbone of future applications and solutions," said Tomo Razmilovic, President and CEO, Symbol Technologies, Inc.

Symbol Technologies, Inc., winner of the 1999 National Medal of Technology, is a global leader in mobile data transaction systems, providing innovative customer solutions based on wireless local area networking for data and voice, application-specific mobile computing and bar code data capture. Symbol's wireless information appliances connect the physical world of people on the move, packages, paper and shipping pallets, to information systems and the Internet. Today, some 10 million Symbol bar code scanners, mobile computers and wireless LANs are utilized worldwide in markets ranging from retailing to transportation and distribution logistics, manufacturing, parcel and postal delivery, government, healthcare and education. Symbol's systems and products are used to increase productivity from the factory floor to the retail store, to the enterprise and out to the home. Information about Symbol is available at and 1-800-722-6234.