AMETEK Names David A. Frank as Vice President, Taxation

AMETEK, Inc. (NYSE:AME) announced that it has named David A. Frank as Vice President, Taxation. Mr. Frank joins AMETEK in this newly created position from Armstrong World Industries, where he was Director, Taxes. "Dave is an excellent addition to our financial management team. He is an experienced tax team leader with extensive knowledge of corporate tax accounting, global tax planning and compliance, and mergers and acquisitions. We are confident that Dave will play a key role in our future growth,” said Frank S. Hermance, Chairman and Chief Executive Officer. Mr. Frank was Director, Taxes, at Armstrong World Industries since 1999 and was responsible for all global tax matters for the $4-billion floor and ceiling products manufacturer. Prior to that, he served from 1997 as Senior Tax Manager for Armstrong with responsibility for international tax management. Mr. Frank began his career at Coopers & Lybrand, where he handled tax-related issues for a variety of corporate clients. In 1990, he joined ARCO Chemical Company as a Tax Analyst and later served as a Senior Tax Analyst in the United Kingdom from 1994 to 1996. Mr. Frank holds a Bachelor’s of Science degree in Business Administration from Drexel University and a Master’s of Science degree in Taxation from Temple University and is a Certified Public Accountant. Corporate Profile AMETEK is a leading global manufacturer of electronic instruments and electromechanical devices with 2006 sales of $1.8 billion. AMETEK’s Corporate Growth Plan is based on Four Key Strategies: Operational Excellence, Strategic Acquisitions & Alliances, Global & Market Expansion, and New Products. Its objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital. The common stock of AMETEK is a component of the S&P MidCap 400 Index and the Russell 1000 Index. Forward-looking Information Statements in this news release relating to future events, such as AMETEK’s expected business and financial performance, are "forward-looking statements". Forward-looking statements are subject to various factors and uncertainties that may cause actual results to differ significantly from expectations. These factors and uncertainties include our ability to consummate and successfully integrate future acquisitions; risks associated with international sales and operations; our ability to successfully develop new products, open new facilities or transfer product lines; the price and availability of raw materials; compliance with government regulations, including environmental regulations; changes in the competitive environment or the effects of competition in our markets; the ability to maintain adequate liquidity and financing sources; and general economic conditions affecting the industries we serve. A detailed discussion of these and other factors that may affect our future results is contained in AMETEK’s filings with the Securities and Exchange Commission, including its most recent reports on Form 10-K, 10-Q and 8-K. AMETEK disclaims any intention or obligation to update or revise any forward-looking statements.