SPX Service Solutions Acquires CarTool

CHARLOTTE, N.C., Nov. 30, 2005 -- SPX Corporation today announced that its Service Solutions business has acquired privately held CarTool GmbH of Ingolstadt, Germany. CarTool is a manufacturer of special tools used to service and repair vehicles. With annual revenues exceeding $70 million, CarTool supplies the original equipment vehicle service and repair industry, primarily in Europe.

"Our success in the special service tool market is built on innovation, efficiency and well-established partnerships with our customers," said David Kowalski, President of SPX's Test and Measurement segment. "The CarTool acquisition will allow us to further expand our presence in Europe and continue to extend our customer base, utilizing CarTool's long-standing customer relationships and well-recognized brand in the European market. In addition, CarTool has two facilities strategically located in the Munich area that will provide Service Solutions with a manufacturing presence in the German marketplace as well as additional distribution capability."

Mr. Kowalski added, "This opportunity supports SPX's strategy to grow the Test and Measurement segment, one of our three core platforms, and will allow Service Solutions to expand its geographic reach through CarTool's existing relationships with select European vehicle manufacturers."

Service Solutions is a global leader in the design, manufacture and marketing of special service tools, advanced diagnostics and service equipment, inspection and gauging systems, and technical and training information.

SPX Corporation is a leading global provider of flow technology, test and measurement solutions, thermal equipment and services and industrial products and services. For more information visit the company's web site at http://www.spx.com/ .

Certain statements in this press release may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created thereby. Please refer to our public filings for a discussion of certain important factors that relate to forward-looking statements contained in this press release. The words "believe," "expect," "anticipate," "estimate," "guidance," "target" and similar expressions identify forward-looking statements. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct.