Exhibit 99.1

UNOVA, INC.

(Unaudited, amounts in thousands, except per share amounts)

	Three Months Ended						Twelve Months Ended
	December 31,						December 31,
	2004			2003			2004			2003
CONSOLIDATED STATEMENTS OF OPERATIONS (Preliminary)
Sales and Service Revenues	$	236,919		$	185,940		$	811,317		$	706,583
Costs and Expenses
Cost of sales and service	138,257			112,606			465,430			416,623
Selling, general and administrative	77,324			64,880			279,868			245,633
Special charges	191			849			1,306			1,662
Total Costs and Expenses	215,772			178,335			746,604			663,918
Operating Profit From Continuing Operations	21,147			7,605			64,713			42,665
Other Income (Expense)
Interest, net	(2,918		)	(2,913		)	(12,361		)	(13,085		)
Foreign currency exchange, net	(763		)	3,024			(1,675		)	1,242
Total Other Income (Expense)	(3,681		)	111			(14,036		)	(11,843		)
Earnings from Continuing Operations before Income Taxes	17,466			7,716			50,677			30,822
Provision (Benefit) for income taxes	(8,980		)	(3,069		)	(1,504		)	15,650
Earnings from Continuing Operations	26,446			10,785			52,181			15,172
Loss from discontinued operations, net of tax	(97,663		)	(13,034		)	(101,310		)	(34,439		)
Net Loss	$	(71,217	)	$	(2,249	)	$	(49,129	)	$	(19,267	)
Basic Earnings (Loss) per Share
Continuing operations	$	0.44		$	0.18		$	0.86		$	0.26
Discontinued operations	(1.61		)	(0.22		)	(1.67		)		(0.59	)
Net loss per share	$	(1.17	)	$	(0.04	)	$	(0.81	)	$	(0.33	)
Diluted Earnings (Loss) per Share
Continuing operations	$	0.42		$	0.18		$	0.84		$	0.25
Discontinued operations	(1.56		)	(0.22		)	(1.63		)	(0.57		)
Net loss per share	$	(1.14	)	$	(0.04	)	$	(0.79	)	$	(0.32	)
Shares Used in Computing Earnings (Loss) per Share
Basic	60,780			59,454			60,502			58,828
Diluted	62,374			61,428			62,154			60,234

SELECTED SEGMENT INFORMATION (Preliminary)
Revenues from Continuing Operations
Product Related Revenues	$	199,129		$	152,873		$	654,867		$	561,362
Service and Service Related Revenues	37,790			33,067			136,800			126,553
Intellectual Property Settlements							19,650			18,668
Total Revenues	$	236,919		$	185,940		$	811,317		$	706,583
Operating Profit (Loss) From Continuing Operations
Automated Data System Operating Profit	$	29,011		$	13,107		$	89,740		$	65,781
Corporate and Other	(7,673		)	(4,653		)	(23,721		)	(21,454		)
Special Charges	(191		)	(849		)	(1,306		)	(1,662		)
Operating Profit From Continuing Operations	$	21,147		$	7,605		$	64,713		$	42,665

UNOVA, INC.

CONSOLIDATED BALANCE SHEETS (Preliminary)

(Unaudited, amounts in thousands)

	December 31,			December 31,
Assets	2004			2003
Current Assets
Cash and cash equivalents	$	217,899		$	238,447
Restricted cash	50,000			—
Accounts receivable, net	157,833			137,732
Inventories	80,854			73,171
Net deferred tax assets	81,769			71,229
Assets held for sale	19,748			23,840
Assets of discontinued operations	211,116			196,860
Other current assets	8,831			19,668
Total Current Assets	828,050			760,947
Property, Plant and Equipment, Net	30,375			30,231
Other Intangibles, Net	4,072			4,336
Net Deferred Tax Assets	134,978			111,820
Long Term Assets of Discontinued Operations	21,238			119,224
Other Assets	53,964			64,259
Total Assets	$	1,072,677		$	1,090,817
Liabilities and Shareholders' Investment
Current Liabilities
Accounts payable and accrued expenses	$	160,001		$	152,542
Payroll and related expenses	30,077			33,271
Current portion of long-term obligations	108,500			—
Current liabilities of discontinued operations	130,257			134,706
Total Current Liabilities	428,835			320,519
Long-term Obligations	100,000			208,500
Other Long-term Liabilities	86,220			78,862
Long Term Liabilities of Discontinued Operations	46,388			52,108
Shareholders' Investment
Common stock	611			605
Additional paid-in capital	703,416			690,745
Accumulated deficit	(306,695		)	(257,566		)
Accumulated other comprehensive income (loss)	13,902			(2,956		)
Total Shareholders' Investment	411,234			430,828
Total Liabilities and Shareholders' Investment	$	1,072,677		$	1,090,817

UNOVA, INC.

CONSOLIDATED STATEMENT OF CASH FLOWS (Preliminary)

(Unaudited, amounts in thousands)

Year Ended December 31, 2004

Cash and Cash Equivalents at Beginning of Period	$	238,447
Cash Flows from Operating Activities:
Net earnings from continuing operations	52,181
Adjustments to reconcile net earnings to net cash provided in operating activities:
Depreciation and amortization	10,847
Changes in working capital and other operating activities	(18,272		)
Net Cash Provided by Operating Activities of Continuing Operations	44,756
Cash Flows from Investing Activities:
Capital expenditures	(10,284		)
Other investing activities	3,801
Net Cash Used in Investing Activities of Continuing Operations	(6,483		)
Cash Flows from Financing Activities:
Cash restricted for repayment of debt	(50,000		)
Stock options exercised	5,683
Other financing activities	211
Net Cash Used in Financing Activities of Continuing Operations	(44,106		)
Net Cash Used in Continuing Operations	(5,833		)
Net Cash Used in Operating Activities of Discontinued Operations	(13,274		)
Net Cash Provided by Investing Activities of Discontinued Operations	(1,441		)
Resulting Decrease in Cash and Cash Equivalents	(20,548		)
Cash and Cash Equivalents at End of Period	$	217,899