Pre-engineered system improves performance and increases Mean Time Between Repair (MTBR)
Dallas, Texas, USA - April 27, 2006 - Flowserve Corp. (NYSE: FLS), a global provider of fluid motion and control products and services, has chosen ACHEMA 2006 to introduce IPS Tempo™, a pre-engineered intelligent pump optimization, control and protection system. Designed by the rotating equipment experts at Flowserve, IPS Tempo improves performance, lowers total cost of ownership, reduces power consumption up to 50 percent, and improves Mean Time Between Repair (MTBR).IPS Tempo helps eliminate costly downtime and expensive repairs caused by dry running, blocked lines, pump overloads, closed suction or discharge valves, cavitation, and excessive wear or rubbing.
Users can program IPS Tempo to respond to process and condition variables to protect pump equipment against adverse operating conditions, thereby optimizing plant output and pump availability and lowering total cost of ownership.IPS Tempo adjusts pump operations for flow, pressure, temperature, and fluid level changes. The system monitors process variables and pump power, and offers extensive condition monitoring and control.IPS Tempo incorporates variable frequency drive (VFD) technology, pump-specific optimization software, an industrial grade electric drive, and an intuitive menu-driven user interface to provide superior protection, reliability, and the ease of use not possible with other VFDs or pump control systems.
It integrates a unique, pump-specific user interface, a quick-start setup and configuration, soft-start and soft-stop capability, and pre-engineered pump protection features into one complete and easy-to-use package.IPS Tempo features the most common pump-specific parameters built into its setup, including capacity and head, making implementation fast, reliable and easy. Users can configure IPS Tempo in less than 30 minutes, a fraction of the time it would take to set up a typical VFD.IPS Tempo is ideal for critical pump applications as well as ones with varying system parameters, such as tank car unloading and multi-service pumps.
Applicable markets include chemical, petrochemical, refining, water, mining, and general industry.In addition to IPS Tempo, Flowserve will exhibit its complete lines of CPX ISO standard and Mark 3 ANSI/ASME B73.1 standard sealed and seal-less chemical process pumps. Flowserve Pleuger® submersible motor pumps will be displayed along with LC chemical slurry, LNN and LR between-bearing, axially split single-stage, and WDX segmental ring pumps.
Flowserve will also feature its technical services, programs and processes to help pump users reduce their total cost of ownership.Flowserve IPS Tempo will be on display at ACEHMA Hall 8 Stand H2 - J9. In addition to its pump solutions, Flowserve will present a comprehensive line of world-class fluid motion and control products and services, including seals, valves, valve automation, and steam systems. See Flowserve at Hall 8 Stand H2 - J9 and Hall 8 Stand U17 - V24.
About Flowserve Corp. Flowserve Corp. is one of the world's leading providers of fluid motion and control products and services. Operating in 56 countries, the company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services.SAFE HARBOR STATEMENT: This news release includes forward-looking statements.
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Important risks, uncertainties and other factors that could cause actual results to differ from these forward-looking statements include, but are not limited to, the following: delays in future reports of the Company's management and outside auditors on the Company's internal control over financial reporting and related certifications; continuing delays in the Company's filing of its periodic public reports and any SEC, NYSE or debt rating agencies' actions resulting therefrom; the possibility of adverse consequences of the pending securities litigation and SEC investigations; the possibility of adverse consequences of governmental tax audits of the Company's tax returns, including the upcoming IRS audit of the company's U.S. tax returns for the years 2002 through 2004; the Company's ability to convert bookings, which are not subject to nor computed in accordance with generally accepted accounting principles, into revenues at acceptable, if any, profit margins, since such profit margins cannot be assured nor be necessarily assumed to follow historical trends; changes in the financial markets and the availability of capital; changes in the already competitive environment for the Company's products or competitors' responses to the Company's strategies; the Company's ability to integrate acquisitions into its management and operations; political risks, military actions or trade embargoes affecting customer markets, including the continuing conflict in Iraq, uncertainties in certain Middle Eastern countries such as Iran, and their potential impact on Middle Eastern markets and global petroleum producers; the Company's ability to comply with the laws and regulations affecting its international operations, including the U.S. export laws, and the effect of any noncompliance; the health of the petroleum, chemical, power and water industries; economic conditions and the extent of economic growth in the U.S. and other countries and regions; unanticipated difficulties or costs associated with the implementation of systems, including software; the Company's relative geographical profitability and its impact on the Company's utilization of foreign tax credits; the recognition of significant expenses associated with realigning operations of acquired companies with those of Flowserve; the Company's ability to meet the financial covenants and other requirements in its debt agreements; any terrorist attacks and the response of the U.S. to such attacks or to the threat of such attacks; technological developments in the Company's products as compared with those of its competitors; changes in prevailing interest rates and the Company's effective interest costs; and adverse changes in the regulatory climate and other legal obligations imposed on the Company.
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