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ITT awarded 2008 Beijing Olympic Kayaking course pumping station

  WHITE PLAINS, NY, May 8, 2006 -- ITT Industries Inc.'s Flygt Unit has been selected to provide the complete pumping station for the 2008 Beijing Olympic Kayaking course. Under the 8M Yuan (US$1 million) agreement, Flygt Beijing will provide six pumps, including control panels, capable of pushing as much as 5,000 gallons of water per second through the 500-meter course.

  Building on an Olympic tradition of 16 years, this will be the fourth summer Olympics where ITT Flygt has provided the pumping station for the Kayaking course. The sole stadium for all rowing events and Canoe/Kayak (flat water) and Canoe/Kayak (slalom) races, the Beijing Olympic Stadium will offer special racing courses and training/warm-up courses, as well as terminal lakes, connection trenches and water shoots.

  The artificial kayaking-slalom stadium for the 2008 Beijing Olympics is the most advanced and comprehensive courses in recent Olympic Games. Many new design innovations, including the ability to raise kayaks to the height of the starting point, will be realized for the first time in this stadium. Additionally, racing courses will be separated from warm-up courses and entertainment. The course will also consist of moveable obstacles that will simulate white water rapids and waterfalls. The course design is environmentally friendly as it is designed to be energy efficient, further raising developmental standards.

  "As in previous Olympics, ITT is excited to help bring the challenge and excitement of a natural course into a controlled, man-made environment," said Hank Driesse, President, ITT Fluid Technology. "We have the engineering know-how, the right products and a long experience in white-water courses that allow us to create world-class stadiums."

  The course, which was designed by Beijing Tian Hong Yuan Fang Design Institute, is slated for completion in March of 2007. The Olympic Rowing-Canoeing Park will be located alongside the Chaobai River, located in Ma Po Town in the Shunyi District in Beijing. It will be used primarily for internal training purposes prior to the Olympics and will then be opened to the public following the 2008 summer games.

  ITT Industries, Inc. (www.itt.com) supplies advanced technology products and services in key markets including: fluid and water management including water treatment; defense communication, opto-electronics, information technology and services; electronic interconnects and switches; and other specialty products. Headquartered in White Plains, NY, the company generated $6.8 billion in 2004 sales. In addition to the New York Stock Exchange, ITT Industries stock is traded on the Midwest, Pacific, Paris, London and Frankfurt exchanges.


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