ITT Corporation

ITT Industries Board of Directors Names Robert L. Ayers Vice President

    10/1/1998

        WHITE PLAINS, N.Y., Oct. 1 /PRNewswire/ -- ITT Industries, Inc.
    (NYSE: IIN) announced that its Board of Directors has elected Robert L. Ayers
    a Vice President of the company, effective today.  Ayers was recently
    appointed President of the company's Industrial Pump Group, a $600 million
    unit serving industrial and process pump markets worldwide under brands such
    as Goulds(R) Pumps, A-C(R) Pump, Richter(R) and Vogel(R).  ITT Industries is
    the world's largest pump producer.
        "Robert Ayers brings a wealth of international business experience and
    leadership skills that will serve this company well," said Travis Engen,
    chairman, president and chief executive of ITT Industries.
        Ayers joins ITT Industries from Sulzer-Bingham Pumps, Inc., where he has
    served as President since 1990.  He is also President of the Hydraulic
    Institute, the North American association of pump producers.
        Prior to joining Sulzer-Bingham, Ayers was director of marketing and new
    business development at FMC Corporation, and President and CEO of the US
    subsidiaries of Lanzagorta International.  Prior to that, he held several
    international management positions with Armco, Inc.
        A Vietnam veteran, Ayers received his BSEE from Virginia Military
    Institute and an MBA from Old Dominion University.
    
        About ITT Industries
        ITT Industries, Inc. (http://www.ittind.com) is a global industrial
    manufacturing company with leading positions in the markets that it serves.
    Following the divestiture of the company's automotive brakes and electrical
    systems businesses, which were completed in September 1998, the company
    expects to generate annual sales of $4.4 billion.  ITT Industries is the
    world's largest producer of pumps, systems and services to move, measure and
    control water and other fluids.  The company is also a leading supplier of
    sophisticated military defense systems, including night vision devices, secure
    communication systems and avionics, and provides advanced technical and
    operational services to a broad range of government agencies.  ITT Industries
    is a leading provider of electrical interconnects for cellular telephones,
    aerospace, network communications, "smart cards" for personal data storage,
    and PC cards for laptop computers.  Further, ITT Industries provides products
    for highly-focused automotive markets, such the Koni(R) brand shock absorbers
    serving high-end, specialized auto needs in addition to shock absorbers for
    trains and bridges, fluid handling products such as brake and fuel line
    tubing, and brake friction materials.  Based in White Plains, NY,
    ITT Industries employs approximately 34,000 people around the world.
        In addition to the New York Stock Exchange, ITT Industries' stock is
    traded under the symbol ("IIN") on the Midwest, Pacific, London, Frankfurt and
    Paris exchanges.
        ITT Industries' and its subsidiaries' news releases are available at no
    charge via fax and the Internet.  For ITT Industries news and information on
    the Internet, visit http://www.ittind.com.  To receive releases by fax, call
    800-758-5804, extension 110006.
    
    SOURCE  ITT Industries, Inc.
    
    

    Web site: http://www.ittind.com
    Company News On-Call: http://www.prnewswire.com or fax,
    800-758-5804, ext. 110006
    CONTACT: Bjorn von Euler of ITT Industries, Inc., 201-760-5795

About ITT

ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial, and oil and gas markets. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life. ITT is headquartered in White Plains, N.Y., with employees in more than 35 countries and sales in a total of approximately 125 countries. The company generated 2016 revenues of $2.4 billion.

Investors

Jason Moss
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jason.moss@itt.com

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Laurent Lawrence
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laurent.lawrence@itt.com

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