Flowserve Valve Automation Products Featured at Valve World 2014

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Limitorque valve product line can be viewed at booth 5G10

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Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, is exhibiting its Limitorque valve automation product line in booth 5G10 at Valve World 2014 in Düsseldorf, Germany from December 2-4.

Several new, high-performing Flowserve Limitorque products will be featured, showcasing countless opportunities to improve safety, performance, and efficiency by allowing valves to function more intelligently and reliably. The Limitorque Valve Automation products featured at Valve World 2014 include:

New! Limitorque Hydraulic (LHS) Scotch Yoke Actuator
The LHS is a piston-type, scotch yoke hydraulic actuator designed to meet or exceed the most current and stringent safety and reliability standards. It can be used in general service, protective services, and safety services such as emergency shutdown (ESD) or high-integrity pressure protection systems (HIPPS), up to and including SIL 3 Level in accordance with IEC 61508. The powerful LHS Hydraulic Scotch Yoke Actuator delivers torque ranges up to 250 kNm (184 000 ft-lb). Often lighter and more compact than its LPS counterpart, the LHS offers a choice for those preferring hydraulic motive power. For some, such as those working in an offshore environment, it may be the only practical option in terms of fluid-power availability and performance requirements.

New! Limitorque Pneumatic Compact (LPC) Scotch Yoke Actuator
The LPC joins the growing family of technically advanced, fluid-powered actuators developed under the Limitorque brand that began expanding its portfolio beyond electric actuation earlier this year. Complementary to the LPS model, the LPC applies similar design philosophy for long operational life and reliability but in a more compact, lower-cost package.

New! Compact Electric Actuator (CEA) Series
The CEA features a multitude of user benefits which are combined into one unit to provide a genuine breakthrough in capability for compact, single-phase electric actuators. For the first time, industrial OEMs and end users specifying single phase electric actuators can benefit from the intelligent technologies, broad range of valve applications, extended service life, and advanced diagnostic capabilities that will enhance cycle performance.

Limitorque Pneumatic Scotch Yoke (LPS) Actuator
Limitorque Fluid Power Systems’ Pneumatic Scotch Yoke (LPS) actuator is available in single-acting spring return or double-acting configurations, with a robust construction suitable for pressure inputs to 12 barg (174 psig). Its high-strength, compact scotch yoke torque module delivers up to 250 kNm (184 000 ft-lb) of torque with minimal wear and transverse loads. Special designs are available to 800 kNm (590 000 ft-lb) upon request.

The LPS offers unparalleled operating reliability, as demonstrated by maintenance intervals up to six years or as prescribed in EN 15714, and an industry-leading design life of 25 years, depending on service conditions, proper installation, operation, and maintenance.

MX Single Phase
Flowserve Limitorque introduced the innovative MX electronic actuator with technical features that were market firsts – a patented absolute encoder, patented Limigard technology, and easy-to-use menus in multiple languages. These features and the implementation of a BLDC (brushless DCV) motor were included in the feature-rich QX quarter-turn electronic actuator.

All of the innovative features designed for the MX and QX are now combined in the single phase ACV/DCV MX, including a BLDC motor. This means the same predictable, reliable, and safe operation users have come to expect from the MX/QX actuators are now found in the single phase ACV/DCV MX.

QXM with linear base
The Flowserve Limitorque QXM is a quarter-turn, smart electronic valve actuator that mimics the state-of-the-art, non-intrusive, multi-turn MX actuator by including an absolute encoder for tracking position without the use of troublesome batteries. It’s available for up to 20 turns with increased speed ranges from 6 to 24 rpm. When combined with faster speeds, the torque ranges are consistent with the speed required for limited linear travel. In order to meet the demands of the choke and control valve markets, a linear base (LB) can be added to complement the product and provide a linear output. The LB is available in two sizes and can sustain thrust up to 109 kN / 25,000 lb.

Master Station III
The next-generation master station is designed and manufactured by Flowserve Limitorque specifically for use with Limitorque’s line of (Modbus) electronic actuators. For power, petrochemical, oil and gas, water and wastewater applications, the Master Station III acts as a single-source controller for up to 250 actuators.

The Master Station III is a plug-and-play solution that provides complete control and diagnostics for Limitorque MX, QX, L120 and CEA field units through a simple touch-panel operator interface.

For more information about these Flowserve products, visit us at Valve World 2014 in booth 5G10, or go to http://www.flowserve.com/NoLimits.

Flowserve Contacts

Media Contacts:
Lars Rosene, vice president, Global Communications and Public Affairs, (972) 443-6644

Investor Contacts:
Jay Roueche, vice president, Investor Relations & Treasurer, (972) 443-6560
Mike Mullin, director, Investor Relations, (972) 443-6636

About Flowserve
Flowserve Corp. is one of the world’s leading providers of fluid motion and control products and services. Operating in more than 50 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 Website at http://www.flowserve.com.

Safe Harbor Statement: This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words or phrases such as, “may,” “should,” “expects,” “could,” “intends,” “plans,” “anticipates,” “estimates,” “believes,” “forecasts,” “predicts” or other similar expressions are intended to identify forward-looking statements, which include, without limitation, earnings forecasts, statements relating to our business strategy and statements of expectations, beliefs, future plans and strategies and anticipated developments concerning our industry, business, operations and financial performance and condition.

The forward-looking statements included in this news release are based on our current expectations, projections, estimates and assumptions. These statements are only predictions, not guarantees. Such forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict. These risks and uncertainties may cause actual results to differ materially from what is forecast in such forward-looking statements, and include, without limitation, the following: a portion of our bookings may not lead to completed sales, and our ability to convert bookings into revenues at acceptable profit margins; changes in the global financial markets and the availability of capital and the potential for unexpected cancellations or delays of customer orders in our reported backlog; our dependence on our customers’ ability to make required capital investment and maintenance expenditures; risks associated with cost overruns on fixed-fee projects and in taking customer orders for large complex custom engineered products; the substantial dependence of our sales on the success of the oil and gas, chemical, power generation and water management industries; the adverse impact of volatile raw materials prices on our products and operating margins; our ability to execute and realize the expected financial benefits from our strategic realignment initiatives; economic, political and other risks associated with our international operations, including military actions or trade embargoes that could affect customer markets, particularly Middle Eastern markets and global oil and gas producers, and non-compliance with U.S. export/re-export control, foreign corrupt practice laws, economic sanctions and import laws and regulations; our exposure to fluctuations in foreign currency exchange rates, including in hyperinflationary countries such as Venezuela; our furnishing of products and services to nuclear power plant facilities; potential adverse consequences resulting from litigation to which we are a party, such as litigation involving asbestos-containing material claims; a foreign government investigation regarding our participation in the United Nations Oil-for-Food Program; expectations regarding acquisitions and the integration of acquired businesses; our foreign subsidiaries autonomously conducting limited business operations and sales in certain countries identified by the U.S. State Department as state sponsors of terrorism; our relative geographical profitability and its impact on our utilization of deferred tax assets, including foreign tax credits; the potential adverse impact of an impairment in the carrying value of goodwill or other intangible assets; our dependence upon third-party suppliers whose failure to perform timely could adversely affect our business operations; the highly competitive nature of the markets in which we operate; environmental compliance costs and liabilities; potential work stoppages and other labor matters; our inability to protect our intellectual property in the U.S., as well as in foreign countries; obligations under our defined benefit pension plans; and other factors described from time to time in our filings with the Securities and Exchange Commission.

All forward-looking statements included in this news release are based on information available to us on the date hereof, and we assume no obligation to update any forward-looking statement.

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Lars Rosene
Flowserve
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