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Peter Sattler Named Chief E-Business Officer at SPX Corporation

14 February 2000

Peter Sattler Named Chief E-Business Officer at SPX Corporation

    MUSKEGON, Mich., Feb. 14 -- SPX Corporation today
announced that Peter V. Sattler has been named Chief E-Business Officer for
the company.  Mr. Sattler, who is 35, joined SPX Corporation a year ago as
Chief Information Officer.
    John B. Blystone, Chairman, President and Chief Executive Officer of SPX
Corporation said, "The Internet and our e-business priorities provide numerous
opportunities.  As our businesses migrate to their new e-business models, we
have committed the necessary resources and leadership.  We have expanded
Pete's leadership role to drive the e-business initiatives and continuously
develop and improve our technology and services beyond the expectations of our
customers."
    SPX's strategy for e-business is focused on two primary areas.  The
company is committed to providing the highest level of customer service
through its web offering.  A content rich on-line community will allow
customers to quickly and easily find the products and services they need.  The
second area of focus is the company's e-procurement initiatives that will
continue to drive cost out of its direct materials and supply chain.  SPX
remains committed to providing the highest value to its customers and
shareholders, and the transition to an e-business model remains a high
priority for the company.
    SPX Corporation is a global provider of industrial products and services,
technical products and systems, service solutions and vehicle components.  The
Internet address for SPX Corporation's home page is http://www.spx.com