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Symmetricom Acquires Timing Solutions Corporation


SAN JOSE, Calif. and BOULDER, Colo. — October 5, 2006 — Symmetricom, Inc. (NASDAQ:SYMM), a worldwide leader in precise time and frequency products and services, today announced the acquisition of 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.

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Source: Symmetricom