ITT Corporation announced the members of the boards of directors for Xylem Inc. and Exelis Inc., which will also be known as ITT Exelis, the two new publicly traded companies that will result from the previously announced separation of ITT, expected to occur on October 31, 2011.

ITT Corporation announced that it has completed its acquisition of YSI Incorporated, forming a water-focused analytics business with annual revenue of approximately $300 million.

ITT Corporation s Water and Wastewater group has won the 2011 Innovative Technology Award from the WEF.

Colfax Corporation announced that Steve Wittig has been named Senior Vice President of the Colfax Business System and Supply Chain Strategy, effective August 31, 2011.

ITT Corporation has announced, in connection with filing amended Form 10 registration statements for its two company spinoffs, Xylem and ITT Exelis, that Markos Tambakeras will serve as non-executive chairman of the board of Xylem, the future independent water technology business.

For the eighth consecutive year, Goulds Pumps, a business of ITT Corporation, has been chosen as the most preferred pump manufacturer by readers of Chemical Processing magazine.

Future water company will be named Xylem.

Future defense company will be named ITT Exelis.

ITT Corporation to retain current corporate name and ticker symbol.

ITT Corporation and PUB, Singapore’s national water agency, announced the completion of an Advanced Oxidation Process (AOP) pilot system at Choa Chu Kang Water Works.

ITT Corporation announced plans for continued growth of its business in the Asia-Pacific region through increased focus on bringing its innovative products and expanding its presence in key markets in the region.

ITT Corporation has announced the appointment of two leaders to global positions for key business units.