IDEX Appoints Thomas F. Giordano to Newly Created Position

01.10.2004

IDEX Corporation announced that Thomas F. Giordano has been appointed to the newly created position of vice president -supply chain and logistics for the corporation.

Commenting on the appointment, Dennis K. Williams, IDEX's chairman, president and chief executive officer, said, "Tom brings to IDEX very strong skills and leadership experience in logistics and global supply chain management. Reporting to our chief operating officer, Larry Kingsley, Tom and his team will work with our group executives and business units to help us more fully leverage our logistics and purchasing activities worldwide to support our global growth initiatives."

Giordano brings to IDEX more than 25 years of experience, most recently as president of Fortune Enterprises, LLC, a supply chain services firm focused on strategic sourcing and the development and management of suppliers in emerging geographies. Prior to Fortune Enterprises, Giordano served as executive vice president, global supply chain and engineering services for APW Ltd., a global contract manufacturer of electronic enclosures and thermal management systems. Earlier in his career, Giordano spent five years with Applied Power, Inc. and 15 years with General Electric Medical Systems, progressing through a series of increasingly responsible managerial positions in procurement, materials management and distribution services.

IDEX Corporation is the world leader in fluid-handling technologies for positive displacement pumps, dispensing equipment for color formulation, and other highly engineered products including fire suppression equipment, rescue tools, and stainless steel custom banding. Its products are sold in niche markets to a wide range of industries throughout the world. IDEX shares are traded on the New York Stock Exchange and Chicago Stock Exchange under the symbol "IEX."

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended. The company's actual performance may differ materially from that indicated or suggested by any such statements. There are a number of factors that could cause those differences, including those factors presented in the company's most recent annual report and other company filings with the U.S. Securities and Exchange Commission.

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