IN FOCUS

Sales growth with stagnating order intake

Seneca Falls, New York, USA – The Industrial Pump Group of ITT Industries has announced the appointment of John Manna to the position of Vice President Global Marketing.

Exodyne Electric Motors, Inc. (EEMI) announces that Mr. Randal W Crawford has been hired as Executive Vice President, responsible for all operations of the Exodyne manufacturing facility in Tempe, AZ.

NORTHBROOK, Ill., Nov. 16 /PRNewswire/ — IDEX Corporation’s (NYSE: IEX) Chairman, President and Chief Executive Officer Dennis K. Williams, and Senior Vice President – Finance and Chief Financial Officer Wayne P. Sayatovic will speak to the investment community at Deutsche Banc Alex. Brown’s Basic Industries Conference in New York on Monday, November 26 at 2:30 p.m. EDT.

CLEVELAND–(BUSINESS WIRE)–Nov. 14, 2001–Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) today announced plans for a 10% staff reduction across its corporate-level employment. About 90 positions in the Greater Cleveland area will be eliminated.

Reichelderfer Succeeds Richard J.M. Hamilton, Who Is Retiring

CLEVELAND–(BUSINESS WIRE)–Nov. 12, 2001–Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) today announced that Adrian T. Dillon, Executive Vice President and Chief Financial & Planning Officer, will leave Eaton on November 30, 2001 to take a position with another company.

Bogart, Georgia, November 6, 2001 … Roper Industries, Inc. (NYSE: ROP) today announced the appointment of Brian D. Jellison as President and Chief Executive Officer and a member of the Board of Directors, effective immediately. Mr. Derrick N. Key will remain the Company’s Chairman and will work closely with Mr. Jellison to continue driving the Company’s disciplined growth.

Demand increased in Cardo Pump´s biggest segment, water and wastewater, as did demand from the process industry. In the building services segment, demand was somewhat lower than last year, mainly owing to the weak demand in Germany.

Asslar, Germany, November 6, 2001. With its latest financial numbers, Pfeiffer Vacuum Technology AG, a leading manufacturer of vacuum pumps and components, again demonstrated its profitability, in spite of the difficult economic environment.