We are pleased to announce that on January 1, 2008, IDEX Corporation acquired ADS LLC, including our three operating divisions: ADS Environmental Services, Hydra-Stop, and Accusonic Technologies. 

IDEX Corporation is an applied solutions company specializing in fluid and metering technologies, health and science technologies, dispensing equipment, and fire, safety, and other diversified products built to its customers' exacting specifications. Its products are sold in niche markets to a wide range of industries throughout the world. IDEX shares are traded on the New York Stock Exchange and Chicago Stock Exchange under the symbol "IEX". More information on IDEX Corporation and its business units, can be found at the company's Web site at www.idexcorp.com.

ADS LLC President, Karl Boone, stated, “We are excited to become part of IDEX and its Fluid and Metering Technologies segment. IDEX is a recognized leader in applied engineered solutions, with brand recognition in the water and wastewater markets. We will now have a global footprint, as well as the support for a broader technology platform, which will enable us to help our customers comply with the ever increasing regulations which continue to drive our business.”

IDEX chose ADS because of our expertise in flow measurement solutions and our reputation as a leader in flow monitoring and metering products and services. ADS LLC and our three divisions will continue to provide the highest quality products and services to meet the needs of our customers. We will continue to operate under our open systems philosophy and look forward to the opportunities this acquisition provides us to grow and expand our products and services.