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AMETEK Unveils Expanded Power Instruments Business At Power Gen 2000 International

14 November 2000

AMETEK Unveils Expanded Power Instruments Business At Power Gen 2000 International

    PAOLI, Pa., Nov. 14 AMETEK Power Instruments, the newest
business unit of AMETEK, Inc., showcased its expanded line of
electric power industry products at the Power Gen 2000 International trade
show in Orlando, FL, November 14-16.
    "Our September 2000 acquisition of Rochester Instrument Systems and the
recent creation of the AMETEK Power Instruments better positions us to take
advantage of attractive growth opportunities in the electric power industry,"
commented AMETEK President and CEO Frank S. Hermance.
    AMETEK Power Instruments combines three separate businesses:
    -- AMETEK Power and Industrial Products, a leader in thermocouples, flame
       sensors, pressure transmitters, power transducers, and position sensors
       for the power industry,
    -- Rochester Instrument Systems, a recognized leader in power measurement
       and power instrumentation, and
    -- Panalarm, the power industry leader in control room annunciators, event
       monitors and graphic displays.
    "AMETEK's year-over-year sales to the power industry have increased
significantly, even prior to our acquisition of Rochester Instrument Systems.
Fueling that growth has been the development of innovative new products
specifically for the gas turbine market, such as our solid-state optical flame
scanners," noted AMETEK Electronic Instruments Group President Robert Chlebek.
    The total world market for electric power generation could exceed
1000 gigawatts between now and 2010.  The tremendous growth in electric energy
demand is expected to provide for an advanced gas turbine systems market
exceeding $1 trillion by 2010, according to the U.S. Department of Energy.
AMETEK Power Instruments expects to benefit from that growth with its broad
array of advanced instrumentation products.
    AMETEK, Inc. is a leading global manufacturer of electronic instruments
and electric motors.  Its Corporate Growth Plan is based on Four Key
Strategies: Strategic Acquisitions & Alliances, Global & Market Expansion,
New Products, and Operational Excellence.  Its objective is double-digit
percentage growth in earnings per share and a superior return on total
capital.  The common stock of AMETEK is a component of the S&P Mid-Cap 400
Index and the Russell 2000 Growth Index.
    For more information, contact Jim McKinley of AMETEK, 610-889-5234.