Flowserve Sponsors Sankaraiyer Gopalakrishnan-Flowserve Pump Technology Award


Dallas, Texas, USA - August 15, 2006 - Flowserve Corp. (NYSE: FLS), a global provider of fluid motion and control products and services, announces the establishment of an award from the American Society of Mechanical Engineers (ASME), memorializing longtime Flowserve employee and pump technology expert Dr. Sankaraiyer Gopalakrishnan. The biennial Sankaraiyer Gopalakrishnan-Flowserve Pump Technology Award will recognize a mechanical engineer for achievement in mechanical pump technology with a financial prize.

"Flowserve is extremely proud to sponsor this award because it honors Dr. Gopalakrishnan and allows us to recognize the outstanding achievements that are made each year in the field of pump engineering," said Timothy Wotring, vice president of engineering and technology, Flowserve Pumps.

The first Sankaraiyer Gopalakrishnan-Flowserve Pump Technology Award was presented to Dr. John Tuzson at the Dr. Sankaraiyer Gopalakrishnan Memorial Session of the 2006 ASME Fluids Engineering Conference in Miami, Florida, on July 17. Tuzson is recently retired after a career at the BorgWarner Research Center in Des Plaines, Illinois.

At the session, Gopalakrishnan's colleague and close friend Robert Stanbury, an industry consultant and previously vice president of engineering at Flowserve Pumps, summarized some of Gopalakrishnan's achievements, which included publishing more than 50 papers and being awarded four patents. Gopalakrishnan was elected ASME Fellow in 1995 and received the ASME Fluid Machinery Design Award in 2001.

"Dr. Gopalakrishnan was a prime example of a Ph.D. who was effective in applying his educational knowledge of turbomachinery to the commercial environment of a pump company," said Stanbury. "He was a highly educated academic who was remarkably successful at applying his expertise to the business imperatives of industry."

Gopalakrishnan, who last served as vice president of technology at Flowserve Pumps, led the company's pump research and development, and organized a diverse and geographically dispersed team of engineers through Flowserve's highly successful Virtual Centers of Excellence (VCOEs). The VCOE program supports five technological disciplines of Flowserve Pumps - fluid dynamics, mechanical design, mechanical analysis, materials and mechatronics - and sets ambitious company goals for achieving progress in these areas. Gopalakrishnan's technological innovations while at Flowserve included an advanced primary coolant for nuclear reactors, a long-life nuclear seal, and a high-efficiency expander for cryogenic services.

In addition to his scientific contributions to the field, Gopalakrishnan dedicated himself to educating young colleagues. At Flowserve, he created a series of advanced specialist courses on aspects of pump engineering. Flowserve continues to offer and develop these courses as career development for its engineers.

For sales, marketing or technical information, contact Flowserve Pumps by phone at +1 (800) 728-PUMP or by e-mail at fpdinformation@flowserve.com.

For media information, contact David Abels, senior account executive, Koroberi, Inc. (www.koroberi.com), by phone at +1 (919) 960-9794 ext. 22 or by e-mail at david@koroberi.com.

About Flowserve Corp.
Flowserve Corp. is one of the world's leading providers of fluid motion and control products and services. Operating in 56 countries, the company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services. More information about Flowserve Corp. can be obtained by visiting the company's website at www.flowserve.com.

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