Motorola Solutions sales up 8% in 2011 at $8.2 billion

By Telecom Lead Team: Motorola Solutions has posted 8 percent increase in sales in 2011 at
$8.2 billion against $7.6 billion in 2010.

Its Q4 sales totaled $2.3 billion as compared with $2.2 billion in Q4
2010, clocking 5 percent growth. Operating earnings were up 14 percent in 2011
at $858 million from $751 million in 2010.

The revenue
growth reflects solid demand in all regions across both the Government and
Enterprise segments. Motorola Solutions reported a
fourth-quarter profit of $184 million, down from $292 million a year earlier,
due in part to the loss of its networks business, which it sold to Nokia
Siemens Networks in April for $975 million.

Our record fourth quarter capped a very strong and exciting year for
our company. We streamlined and strengthened our portfolio, grew operating
earnings more than five times revenue growth, expanded operating margins,
generated strong cash flow and prioritized return of capital to our
shareholders,” said Greg Brown, chairman and CEO of Motorola Solutions.

During the
fourth quarter of 2011, the company generated $44 million in operating cashflow
from continuing operations, which included a $250 million incremental
contribution to the U.S. pension plan. The company ended the quarter with total
cash of $5.1 billion while returning $366 million to shareholders through share
repurchases during the quarter.

For the full
year 2011, Government segment sales were $5.4 billion, up 6 percent from 2010.

Solutions has secured multi-million dollar contracts with City of Atlanta; St.
Louis County in Missouri; St. Johns, Seminole and Osceola counties in Florida;
the state of Tennessee; the Washington State Patrol; the Western Australia
Police Service; the Ecuador National Police; and the Mexico Federal Electric

expanded APX mission-critical radio series to include the APX 4000 portable
radio for public works, utilities and rural public safety users, making APX the
first complete portfolio of Project 25 Phase 2 TDMA two-way portable radios in
the industry.

continued to demonstrate leadership by completing first commercial release of
standards-based LTE technology for public safety and secured an additional LTE
contract win in Irving, Texas.

segment sales were $753 million, up 3 percent from the year-ago quarter, which
included a $37 million decline in iDEN sales.

For the full
year 2011, Enterprise segment sales were $2.8 billion, up 11 percent from 2010.

continued growth with demand in retail and transportation & logistics from
key customers such as Lord & Taylor, UPS and Poste Italiane.

Solutions launched the ET1 tablet, the first in an emerging category of
enterprise-class tablet computers that brings the familiarity and popularity of
a consumer-class user experience to a true enterprise-class device.

also introduced RhoElements, a web-based application framework that allows
businesses to quickly and cost-effectively develop and deploy web-based applications
on mobile computers.

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