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Zebra Technologies selects Anders Gustafsson as Chief Executive Officer

~ Co-founder Ed Kaplan retires as CEO and chairman of the board. Board elects Michael A. Smith as new chairman ~

September 11, 2007

Zebra Technologies Corporation has announced that Anders Gustafsson will become chief executive officer and a member of the board of directors, effective September 4, 2007. Mr. Gustafsson succeeds Edward L. Kaplan, Zebra’s chairman and CEO who is retiring after 37 years.

Mr. Kaplan co-founded Zebra with Gerhard Cless, who is currently executive vice president and a member of the board of directors. Mr. Kaplan has agreed to remain on the board for the remainder of his term, through the next annual meeting of stockholders in May 2008, and he will also serve as a consultant to Mr. Gustafsson.

Prior to joining Zebra Technologies, Mr. Gustafsson, age 47, served as CEO of Spirent Communications plc, a leading publicly traded telecommunications company. At Spirent, Mr. Gustafsson redirected that company’s growth strategy, divested non-core operations, integrated historic acquisitions and streamlined the organisation to realise significant cost savings. Prior to Spirent, he was senior executive vice president, global business operations, of Tellabs, Inc. While at Tellabs, Mr. Gustafsson also served as president, Tellabs International, as well as president, global sales, and vice president and general manager, Europe, Middle East and Africa. Earlier in his career, he held executive positions with Motorola and Network Equipment Technologies.

Zebra’s board of directors selected Mr. Gustafsson based on his record of business accomplishments as well as his technical and manufacturing expertise, sales and marketing capabilities and substantial international experience.

“Anders Gustafsson is the right choice as Zebra’s next CEO,” stated Mr. Kaplan. “I look forward to assisting him as we continue to enhance our record on the strong platform that has been built over the past several years. I believe that he is an unusually talented person who can take Zebra forward in new ways to create additional value for our stockholders.”

Mr. Gustafsson has an M.B.A. from the Harvard Graduate School of Business and a Master of Science degree in electrical engineering from Chalmers University of Technology in Gothenburg, Sweden. He was a Fulbright Scholar and received numerous fellowships and scholarships for academic excellence.

Commenting on his appointment, Mr. Gustafsson said, “I am excited about working with Zebra’s leadership team to develop and execute on strategies to achieve full potential for our stockholders. Zebra has established a leading position in its industry, and is poised to grow its business substantially.”

As a part of the change in executive leadership, Michael A. Smith, a Board member since 1991, will become chairman of the board of directors. Mr. Smith stated, “All of us at Zebra enthusiastically look forward to working with Anders to discover new business opportunities and to drive growth.”
(466 words)

About the company

NOTES TO EDITORS
About Zebra Technologies
Zebra Technologies Corporation (Nasdaq: ZBRA) delivers innovative and reliable on-demand printing solutions for business improvement and security applications in 100 countries around the world. More than 90 percent of Fortune 500 companies use Zebra-brand printers.

A broad range of applications benefit from Zebra-brand thermal bar code, ‘smart’ label and receipt printers, and plastic card printers, resulting in enhanced security, increased productivity, improved quality, lower costs, and better customer service. The company has sold more than six million printers, including RFID printer/encoders and wireless mobile solutions, as well as ZebraDesigner software, ZebraLink connectivity solutions, Genuine Zebra printing supplies and ZebraCare services. Information about Zebra specialty printing solutions is at http://www.zebra.com.

Zebra Technologies Europe Ltd, headquartered in the United Kingdom, provides product and speciality label sales and support across EMEA

Contact details

For further information, please contact:
Lisa Gillingham or Marcel Kay at LEWIS
Tel: +44 (0) 20 7802 2626 Fax: +44 (0) 20 7802 2627
Email: lisag@lewispr.com / marcelk@lewispr.com Web: www.lewispr.com

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Zebra Technologies selects Anders Gustafsson as Chief Executive Officer

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