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GE completes $3 Billion Acquisition of Dresser, Inc.

Edgemont, PA – March 7, 2011 – GE (NYSE:GE) announced on the first of February, 2011 of their $3 Billion acquisition Dresser, Inc. The move significantly expands GE’s offerings for energy and industrial customers worldwide and is the latest in a series of acquisitions over the last 10 years that have transformed GE’s global energy portfolio. Dresser is the parent company of longtime ECI represented manufacturer, Dresser Masoneilan®, the leading global partner in process control valves for more than 100 years.

Noted in the GE announcement, the Dresser businesses will be integrated into GE’s Energy Services and Power & Water business units. “GE and Dresser are a natural fit together. We share a commitment to technology and innovation and we have many common customers in the energy space,” said John Krenicki, vice chairman of GE and president and CEO of GE Energy.

The Eastern Controls, Inc. community looks forward to continuing our strong relationship with Dresser Masoneilan® and the entire GE/Dresser, Inc. family. "ECI embraces the GE acquisition of Dresser/Masoneilan as strong evidence that we are now well positioned for future growth and development,” adds Russ Chomiak, Eastern Controls’ VP of Operations. For more information on the agreement, the Dresser Masoneilan® product line, or anything ECI related, please contact Jessica Student, Sr. Marketing Associate, using the contact information above.

Since 1969, Eastern Controls has been the Mid-Atlantic`s premier manufacturers` representative and distributor of process control and instrumentation equipment. The foundation for our continuing success is our extensive line of product offerings, our outstanding sales, technical, and applications support, and our 24/7 service capabilities.

About GE
GE serves the energy sector by developing and deploying technology that helps make efficient use of natural resources. With nearly 85,000 global employees and 2010 revenues of $38 billion, GE Energy www.ge.com/energy is one of the world’s leading suppliers of power generation and energy delivery technologies. The businesses that comprise GE Energy—GE Power & Water, GE Energy Services and GE Oil & Gas—work together to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels.

About Dresser, Inc.
With a world class portfolio of energy infrastructure solutions and leading product brands, Dresser, Inc. is a recognized innovator in the global power and fuel industry. From oil and gas production and processing to power generation and fuel distribution, Dresser, Inc. has been defining and leading energy markets for more than 130 years.



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