UNOVA Signs Definitive Agreement for the Sale of Its Landis Operations

Under the terms of the agreement, Groupe Fives-Lille will purchasethe global operations of UNOVA's Landis Grinding Systems. Theconsideration consists of approximately $70 million in cash, a $10million two-year note plus the assumption of post retirement medicalobligations and certain pension obligations for active employees. Theconsideration is subject to closing balance sheet adjustments.

The Landis Grinding Systems businesses have been operating as adivision under UNOVA's Industrial Automation Systems segment. UNOVAanticipates no interruption to the Landis Grinding Systems' business,customer relationships or strategic direction while the transaction isbeing completed.

About Groupe Fives-Lille

Groupe Fives-Lille ("GFL") is a leading international industrialengineering group, which designs and produces equipment, primarily forthe aluminum, automotive, steel and cement industries. For moreinformation, please visit GFL's website at www.fiveslille.com.

About UNOVA

UNOVA is a leader in global supply chain solutions and in thedevelopment, manufacture and integration of wired and wirelessautomated data collection, mobile computing systems, bar codeprinters, label media and Intellitag(R) RFID (radio frequencyidentification). The company's products and services are used bycustomers in many industries to improve productivity, quality andresponsiveness of business operations, from supply chain managementand enterprise resource planning to field sales and service.www.unova.com

(Forward-looking Statement)

Certain forward-looking statements in this release (as defined bySection 27A of the Securities Act of 1933, as amended, and Section 21Eof the Securities Exchange Act of 1934) relate to matters that are nothistorical facts.

The forward-looking statements about the completion of the sale ofthe Landis Group Operations to Groupe Fives-Lille are based onmanagement's current expectations. The statements included in thisrelease are not guarantees. Completion of this transaction isdependent upon the conclusion of customary closing conditions andcompletion of the sale and the actual timing of closing will dependupon completion of these conditions and exchange of consideration.Such forward-looking statements involve and are dependent upon certainrisks and uncertainties. These include, but are not limited to, otherrisks and uncertainties described more fully in the Company's filingson Form 10-K and 10-Q with the Securities and Exchange Commission.