WILTON, Conn.--(BUSINESS WIRE)--July 30, 2004--InVision Technologies, Inc. announced today that it has made a voluntary disclosure to the U.S. Department of Justice and the Securities and Exchange Commission of an InVision internal investigation.
GE agreed on March 15, 2004 to acquire InVision Technologies Inc. in a cash merger.
Since this matter is before the U.S. Department of Justice and the SEC, GE will not be making any further comments at this time on the investigation.
GE continues to want to conclude the acquisition and is hopeful that this matter will be resolved.
This news release includes forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. The forward-looking statements reflect management's current analysis and expectations, based on reasonable assumptions, and include statements regarding the proposed acquisition of InVision. Results could differ materially depending on such factors as business climate, economic and competitive uncertainties, failure to complete the acquisition, adverse legal and regulatory developments, and adverse changes in economic and political climates around the world. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. This paragraph is included to provide safe harbor for forward-looking statements, which are not required to be publicly revised as circumstances change.
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CONTACT:
GE Infrastructure
Jeff DeMarrais, 203-761-1935