Dresser to Acquire Nat. Gas Metering Assets

July 6, 2009

Dresser Inc. (www.dresser.com), a provider of engineered infrastructure products for the global energy markets, has entered into an agreement to acquire assets of iMeter B.V. (www.imeter.nl), a global supplier of

Dresser Inc. (www.dresser.com), a provider of engineered infrastructure products for the global energy markets, has entered into an agreement to acquire assets of iMeter B.V. (www.imeter.nl), a global supplier of natural gas metering equipment.

iMeter B.V., based in the Netherlands, manufactures and markets rotary and turbine gas meters, meter instrumentation and meter calibration systems for the natural gas industry. The acquisition will strengthen the Dresser Meters & Instruments product portfolio for the global natural gas distribution and transmission markets, according to Dan Jezerinac, president of Dresser’s Infrastructure Solutions business.

"We plan to build on iMeter’s engineering innovations by leveraging Dresser’s world-class manufacturing operations to supply iMeter products to our global customer base," Jezerinac said, in a prepared statement. "The addition of iMeter’s Holland operation will allow us to improve our product offerings and delivery capabilities for European and Asian customers, and will broaden our product offerings for customers in the Americas."

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