HRS Harris Corp.

MELBOURNE, Fla., March 24 /PRNewswire-FirstCall/ -- Harris Corporation (NYSE:HRS), an international communications and information technology company, has been named one of the most admired U.S. companies in an annual survey by Fortune magazine. Harris ranked as the fourth most admired company in the "Network Communications" category -- up from seventh last year. The company was rated a 7.01 on the survey this year, compared with a 6.21 rating last year. Harris ranked second in the industry in financial soundness, long-term investment and social responsibility, and third in the industry for quality of products and services, quality of management, and use of corporate assets. Other companies in the top five for the category were Cisco Systems, Corning, Juniper Networks, and Qualcomm. "It is an honor to be rated highly by our peers and others within the industry," said Howard L. Lance, chairman, president and Chief Executive Officer. "Being named one of the most admired companies is a testament to the success that our 16,000 employees have achieved in delivering highly reliable, secure, assured communication(R) for our customers' most demanding, mission- critical applications. We are pleased that our customers and others in our industry perceive us this way." To determine the most admired companies, Fortune started with the 1,000 largest U.S. companies ranked by revenue -- and the top foreign companies operating in the U.S. The companies were sorted by 63 industries and then culled to the ten largest in each industry. Fortune then asked executives, directors, and analysts to rate the top ten companies in their own industry on eight criteria, including: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment, and quality of products and services. Only the top five ranking companies in each industry were listed in the final results. About Harris Corporation Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has annual revenue of over $4 billion and 16,000 employees - including nearly 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications(TM) products, systems, and services. Additional information about Harris Corporation is available at http://www.harris.com/. DATASOURCE: Harris Corporation CONTACT: Jim Burke, Corporate Headquarters of Harris Corporation, +1-321-727-9131, Web site: http://www.harris.com/

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