Brodsky & Smith, L.L.C. States That Class Actions Lawsuits of Potential Securities Law Violations Are Ongoing Against Symbol Technologies, Inc. -- SBL


BALA CYNWYD, Pa., March 8, 2002 (PRIMEZONE) -- Brodsky & Smith, L.L.C., of Bala Cynwyd, PA, today announced that class action lawsuits have been initiated in the United States District Court for the Eastern District of New York alleging violations of the federal securities laws for the following corporation:


 Corporation                                       Class Period

 Symbol Technologies, Inc. (NYSE:SBL)          10-19-00 to 02-13-02

The proposed classes of investors have not yet been certified by the courts. Until certified, an investor is not represented. You have the right to be represented and to participate as a plaintiff if you purchased the above-named securities during the proposed class periods identified above.

Different law firms across the country have filed similar actions alleging Symbol Technologies, Inc. and certain of its officers and directors with issuing materially false and misleading statements in violation of the Securities Exchange Act of 1934 and SEC Rule 10b-5. If you purchased the stock listed during the period indicated above and would like to receive information about the procedure for retaining counsel, participating as a lead plaintiff, other law firms involved in any pending litigation, and/or any of your legal rights, please contact us via email at esmith@brodsky-smith.com, telephone at (toll free) 877-LEGAL90 (877-534-2590) or at the following address:


 Evan J. Smith, Esquire
 Jason L. Brodsky, Esquire
 Brodsky & Smith, L.L.C.
 11 Bala Avenue, Suite 39
 Bala Cynwyd, PA 19004  

Please indicate the name of the stock, quantity of shares purchased, your name, address, telephone number and facsimile number.

More information on this and other class actions can be found on the Class Action Newsline at www.primezone.com/ca.



            

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