Oct 25, 2006

Flowserve Corp. Receives Industry Leadership Awards

Flowserve Corp., a global provider of fluid motion and control products and services, announced that it has received two prestigious industry awards from global growth consulting company Frost & Sullivan honoring its market leadership in the pump sector. The two awards cite Flowserve’s excellence in providing superior value to its customers and its global penetration in the oil and gas industry.

For the first award, Frost & Sullivan honored Flowserve as its 2006 North American Growth Excellence in Customer Value Leadership recipient in the pumps solutions market space. This award recognized Flowserve for its superior customer-centric business solutions and market-leading customer satisfaction. Frost & Sullivan noted that Flowserve has continued to expand its customer base by consistently addressing critical customer challenges and providing a one-stop shop for a complete range of dependable, reliable and cost-effective flow control products and solutions.

With the second award, Flowserve was honored as the 2006 Frost & Sullivan Global Vertical Market Penetration Leadership Award recipient for its market-oriented and strategic approach to offering highly reliable and efficient pump systems to the oil and gas industry. Flowserve was recognized for consistently meeting the demand of the industry’s extreme environments and challenging applications. In presenting the award, Frost & Sullivan noted that no other manufacturer offers the breadth of pumps for refining and petrochemical processing, as well as pipeline and production (offshore, onshore, synthetic crude, liquid natural gas) that Flowserve does.