Flowserve Corp., a leading global manufacturer of fluid motion and control products and services, announces an alliance agreement for Greene, Tweed’s WR(R) line (non-metallic engineered wear components) to be available to Flowserve’s served aftermarket.

ITT Industries Fluid Handling Division has published an informative new brochure that provides an overview of their full line of products and services. The new brochure highlights offerings from all four Fluid Handling units: Bell & Gossett, Domestic Pump, McDonnell & Miller, and Hoffman Specialty.

The long-running PSA 2002 show series presents the most timely and comprehensive gathering of the leading industry players to meet with their targeted trade visitors.

DALLAS, May 2, 2002 (BUSINESS WIRE) — Flowserve Corp. (NYSE:FLS) today announced the completion of its acquisition of Invensys plc’s Flow Control Division (IFC). The $535 million acquisition creates the world’s second largest valve company serving a wide range of industries, including petroleum, chemical, power, water and general industry.

Up 5 Percent from Fourth Quarter of 2001; Cash Flow Improves — DALLAS – April 22, 2002 – Flowserve Corp. (NYSE: FLS) today reported improved financial results for the first quarter ended March 31, 2002, as compared with the prior year period.

Results Beat Last Year, Despite Economic Slowdown

First Quarter 2002 EPS Forecast at 27 to 31 Cents; Maintains Full Year EPS Outlook at $1.90 to $2.30

iBaan SalesPlus and iBaan E-Configuration Solutions to Help Flowserve Enhance Information Share and Collaboration, and Allow Customers to Build And Buy Online