IN FOCUS

Flowserve Corp. today announced that Thomas E. Ferguson has been appointed president of the Flowserve Pump Division. He continues as a corporate vice president.

IDEX Corporation (NYSE: IEX) announced that its Board of Directors has declared a regular quarterly dividend of 14 cents per common share. The cash dividend will be paid on April 30, 2003, to shareholders of record on April 15, 2003.

国际防务展公司(NYSE: IEX)董事长、总裁nd Chief Executive Officer Dennis K. Williams told shareholders at the company’s annual meeting, “Due to weakness in the economy, we saw no significant recovery in our markets throughout the 2002 year.

Pfeiffer Vacuum, leading manufacturer of high-quality vacuum pumps, vacuum gauges and complex vacuum systems, announces its results for fiscal 2002.

Roper Industries, Inc. (NYSE: ROP) announced that its Board of Directors has approved a dividend of $.0875 per share payable on April 30, 2003 to stockholders of record on April 16, 2003.

At its March meeting, the Supervisory Board of Pfeiffer Vacuum Technology AG appointed Amandus Waterkamp to the Management Board effective April 1, 2003.

Amadio Caprari, founder of the Italian pump company, died with an age of 91 years.

Pasquale “Pat” DePalma, President of ITT Industries’ Fluid Handling Division and General Manager of its Bell & Gossett unit, has been elected President of the Hydraulic Institute. As president, he will chair the executive committee, serve as chair of the CEO Roundtable program, as well as lead the Compensation Committee.

Crane Co. today announced the appointment of George S. Scimone, vice president-finance and chief financial officer, completing the Company’s search following the retirement of its former CFO.

Polish President, Aleksander Kwasniewski, today decorated Grundfos Group Chairman, Niels Due Jensen, with the Officer’s Cross of the Order of Merits of the Republic of Poland. The Officer’s Cross is a decoration for Mr. Due Jensen’s achievements in 10 years of partnership between Grundfos and Polish pump company LFP in Poznan.