Flowserve Corp. Recognized by CIO Magazine as One of the 2007 CIO 100 Award Honorees


Dallas, Texas, USA-August 22-IDG's CIO Magazine today announced Flowserve (NYSE:FLS), a global leader in the fluid motion and control industry, as a recipient of the 2007 CIO 100. The 20th annual award program recognizes organizations around the world that exemplify the highest level of operational and strategic excellence in information technology (IT).

According to Abbie Lundberg, editor-in-chief of CIO magazine, "The CIO 100 award recipients serve as industry role models for business and IT excellence. This year's winners demonstrate extraordinary results in a variety of important areas, including business transformation, collaboration, customer innovation and top line contributions."

"This recognition is very indicative of the commitment and dedication of all of Flowserve's IT employees around the world," said Linda Jojo, chief information officer for Flowserve. "I am proud of the work this team has accomplished during the past year, and I am privileged to work with some of the most talented IT employees in the industry."

The 2007 CIO 100 awards were presented at the La Costa Resort & Spa in Carlsbad, California, on August 21 at the conclusion of the ninth annual CIO 100 Symposium® and Awards Ceremony.

About the CIO 100
The recipients of this year's CIO 100 award were selected through a three-step process. First, companies filled out an online application form detailing their innovative practices in both business and IT. Next, teams of CIO magazine editors and writers reviewed the applications in depth, looking for unique practices and substantial results. Finally, the teams met for a day-long meeting to debate the merits of each nominee and vote on the final 100. Once the top 100 honorees were selected, several honorees were chosen to receive an additional special award. Complete coverage of the 2007 CIO 100 awards will be in the August 15 issue of CIO magazine and available online at www.cio.com on August 15.

About CIO Magazine
Launched in 1987, CIO magazine addresses issues vital to the success of chief information officers (CIOs) worldwide. The CIO portfolio includes a companion website (www.CIO.com), CIO Executive Programs and the CIO Executive Council. CIO properties provide technology and business leaders with analysis and insight on information technology trends and a keen understanding of IT's role in achieving business goals. The U.S. edition of the magazine and website are recipients of 140 awards to date, including two Grand Neals from the Jesse H. Neal National Business Journalism Awards and two Magazine of the Year awards from more than a dozen countries, including Australia, Canada, China, France and Germany. CIO magazine, CIO.com, CIO Executive Programs and the CIO Executive Council are produced by International Data Group's award-winning business unit: CXO Media Inc.

About Flowserve Corp.
Flowserve Corp. is one of the world's leading providers of fluid motion and control products and services. Operating in more than 55 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 can be obtained by visiting the company's Web site at www.flowserve.com.

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