8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): June 15, 2004

Teledyne Technologies Incorporated

(Exact name of registrant as specified in its charter)

Delaware	1-15295	25-1843385
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)
12333 West Olympic Boulevard Los Angeles, California (Address of principal executive offices)		90064-1021 (Zip Code)

Registrant’s telephone number, including area code: (310) 893-1600

Not Applicable
(Former name or former address, if changed since last report)

TABLE OF CONTENTS

	Item 5. Other Events and Regulation FD Disclosure.
	Item 7. Financial Statements and Exhibits.
SIGNATURE
EXHIBIT INDEX
EXHIBIT 99.1

Item 5. Other Events and Regulation FD Disclosure.

Teledyne Technologies Incorporated, a Delaware corporation (“Teledyne”), and Isco, Inc., a Nebraska corporation (“Isco”) jointly announced that at a special meeting of shareholders held on June 15, 2004, shareholders of Isco voted to approve the Agreement and Plan of Merger (the “Merger Agreement”), dated April 7, 2004, by and among Isco, Teledyne and Meadow Merger Sub Inc., a Nebraska corporation and a wholly owned subsidiary of Teledyne, and the transactions contemplated by the Merger Agreement. Teledyne and Isco anticipate that the merger will close and be effective at 5:00 p.m. CDT on June 18, 2004.

The Press Release jointly issued by Isco and Teledyne on June 15, 2004 is attached as an exhibit and is incorporated by reference herein.

Item 7. Financial Statements and Exhibits.

(c) The following exhibit is filed herewith:

Exhibit 99.1 — Joint Press Release issued by Isco, Inc. and Teledyne Technologies Incorporated.

SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

TELEDYNE TECHNOLOGIES INCORPORATED
By:	/s/ Dale A. Schnittjer
	Dale A. Schnittjer Vice President and Chief Financial Officer

Dated: June 15, 2004

EXHIBIT INDEX

Description

     Exhibit 99.1 — Joint Press Release issued by Isco, Inc. and Teledyne Technologies Incorporated.

EX-99.1

4700 Superior Street	12333 West Olympic Blvd.
Lincoln, NE 68504	Los Angeles, CA 90064

NEWSRELEASE

Isco Shareholders Approve Acquisition By Teledyne

LOS ANGELES, Calif. and LINCOLN, Neb., June 15, 2004 — Teledyne Technologies Incorporated (NYSE:TDY) and Isco, Inc. (Nasdaq:ISKO) jointly announced today that at a special meeting of shareholders held earlier that day, shareholders of Isco, Inc. voted to approve the sale of Isco to Teledyne. Isco shareholders approved and adopted the Agreement and Plan of Merger (the “Merger Agreement”), dated April 7, 2004, by and among Isco, Teledyne and Meadow Merger Sub Inc. and the transactions contemplated by the Merger Agreement. The final vote tally, prepared by the independent inspector of election, showed that 82.5% of the outstanding shares of Isco common stock voted for the approval and adoption of the Merger Agreement. Teledyne and Isco anticipate that the merger will close and be effective at 5:00 p.m. CDT on June 18, 2004.

Isco shareholders will receive $16 in cash for each outstanding share of Isco stock. The acquisition has been approved by the boards of directors of both companies and cleared early the requirements under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.

Teledyne Technologies is a leading provider of sophisticated electronic components, instruments and communication products, systems engineering solutions, aerospace engines and components and on-site gas and power generation systems. Teledyne Technologies has operations in the United States, the United Kingdom, Mexico and Canada. For more information, visit Teledyne Technologies’ website at www.teledyne.com.

Isco is a leading producer of water quality monitoring products such as wastewater samplers and open channel flow meters. The company’s liquid chromatography customers include pharmaceutical laboratories involved in drug discovery and development. Isco also manufactures chemical separation instruments for industrial and research use. On-line process control instruments for the wastewater market are produced by STIP-Isco for worldwide distribution. For more information, visit Isco’s website at www.isco.com.

Forward-Looking Statements Cautionary Notice

This press release contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, with respect to management’s beliefs about the financial condition, results of operations and businesses of Isco and Teledyne in the future. These statements involve risks and uncertainties. Actual results could differ materially from these forward-looking statements. Many factors, including Teledyne’s ability to integrate the acquisition and achieve anticipated synergies, the ability of Isco’s management to develop and commercialize its existing and contemplated products in its instruments, process monitoring, and SWIFT chromatography product groups, and unexpected merger-related costs and expenses, could change anticipated results. Certain of these, as well as other factors which could affect Isco’s business, are discussed in Isco’s Annual Report on Form 10-K for the fiscal year ended July 25, 2003 on file with the Securities and Exchange Commission. Neither Teledyne nor Isco undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Teledyne Technologies Incorporated		Isco, Inc.
Investor	Jason VanWees	President and Chief	Douglas M. Grant
Contact:	(310) 893-1642	Operating Officer:	(402) 464-0231
Press	Robyn Choi
Contact:	(310) 893-1640