IDEX Appoints New Vice President – Corporate Finance

14.09.2005

IDEX Corporation today announced that Heath A. Mitts has been hired for the position of vice president-corporate finance, reporting to IDEX's chief financial officer, Dominic Romeo. It is anticipated that his formal appointment will take place at the next regularly scheduled Board meeting.

Commenting on the appointment, Romeo said, "Heath brings to IDEX terrific financial leadership skills that will be particularly instrumental as we continue to pursue our global growth strategies. His primary areas of responsibility will include financial planning and analysis, working capital improvement initiatives, cash flow utilization, acquisition support and risk management."

Prior to IDEX, Mitts worked for four years with PerkinElmer, Inc., most recently as chief financial officer of PerkinElmer Asia based in Singapore. In this role, he was the lead financial executive for 16 locations in 12 countries representing more than $350 million in annual revenue. Prior to PerkinElmer, Mitts worked for Honeywell International (formerly Allied Signal) as Finance Director of a $980 million aerospace avionics business. He holds a bachelors degree in business administration and finance from Southern Methodist University and an MBA in corporate finance from Penn State University.

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