Motorola's Multiservice Networks Division to be Acquired by Platinum Equity

   Platinum Expands Portfolio to Focus on Growing Managed Network Solutions
                                Opportunities

    SCHAUMBURG, Ill. and LOS ANGELES, July 5 Motorola, Inc.
and Platinum Equity, a privately held firm specializing in the
acquisition and operation of mission-critical technology companies, today
announced they have signed an agreement for Platinum Equity to acquire
Motorola's Multiservice Networks Division (MND).  Terms of the agreement were
not disclosed.  The sale, which is subject to customary regulatory approvals
and other closing conditions, is expected to be completed before the end of
this year.
    Over the past 20 years, MND has emerged as a leading source of managed
network solutions for the enterprise.  The division helps customers meet their
most important business challenges by combining the right technologies, proven
experience and expertise, and a state-of-the-art network operation center,
through fully customized, end-to-end solutions designed to meet industry-
specific needs.  With approximately 600 employees, MND offers a full range of
services including network design, implementation, integration, and secure
network operations and management to customers throughout the world.  The
division is being divested to allow Motorola to increase its focus on business
areas that are strategic to the company long term.
    "The MND managed network solutions are a strong addition to our
portfolio," said Tom T. Gores, Platinum Equity president and chief executive
officer.  "We will aggressively pursue growth through the Network Operations
Center."  Gores continued, "We are continuing to build our presence in the
network space and see the employees and customers of MND as important
components in our continuing drive to create new value."
    The addition of MND will strengthen the Platinum Equity portfolio of
network operations including Nextira, a recently acquired company focused on
the deployment and support of voice, data and converged solutions.  Platinum
Equity's current plans are to maintain MND's headquarters in Mansfield, Mass.,
and the company stated it plans to announce its operational strategy shortly
after the close of the acquisition.
    "MND has evolved in exciting ways," said William E. Spencer, senior vice
president for Motorola.  "From its initial role in networking hardware to its
current success in managed network solutions, MND has provided outstanding
value to its customers.  While MND's new service focus is not central to
Motorola's core business and long-term strategic intent, we are pleased we
have found a company such as Platinum that is committed to taking MND to the
next level."

    About Motorola
    Motorola, Inc. is a global leader in providing integrated
communications solutions and embedded electronic solutions.  Sales in 2000
were $37.6 billion.  For more information, please visit the Motorola Web site
at http://www.motorola.com .

    About Platinum Equity
    Platinum Equity ( http://www.peh.com ) is one of the largest and fastest-growing,
private equity firms in the United States, specializing in the acquisition and
operation of global, mission-critical technology companies.  The unique Los
Angeles-based company is recognized as a hybrid financial and strategic buyer
with deep financial resources and broad operational expertise.  Due to their
highly skilled executive management team, Platinum Equity is able to stimulate
and help drive the value of their portfolio companies.  Since the company's
founding in 1995, Platinum has completed more than 30 transactions of global,
mission-critical companies with leading Fortune 500 Corporations including
WorldCom, AT&T, Viacom, Dow Jones & Company and IBM.  Today, Platinum Equity
has a multi-billion dollar revenue base, an established infrastructure in
North America, Europe, Asia and South America and a workforce of more than
10,000 employees serving tens of thousands of customers throughout the world.
Platinum Equity instills a "managed entrepreneurship" approach, empowering
management teams to operate the business of each portfolio company independent
of Platinum Equity with the mission to build enterprise value.

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