Flowserve Products, Services, Experts to be Highlighted at ACHEMA 2015

DALLAS, June 12, 2015 - Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today the company will participate at ACHEMA 2015, June 15-19, in Frankfurt, Germany.

With two stands in Hall 8, at B63 and J62, attendees will have numerous opportunities to learn about the company's fluid motion and control products and services, as well as meet Flowserve product experts, sales personnel and leadership team members.

Stand B63 will showcase chemical process pumps and mechanical seal types and configurations. Stand J62 will present vacuum, compressor, membrane and liquid pumps and systems. Both stands will feature products and services from Flowserve SIHI^®, including the new SIHI liquid ring compressor, an innovative design offering pressures up to 12 bar.

Other products on display at ACHEMA will include:

• Durco® Mark 3(TM) ISO sealed chemical pump
• The innovative standard cartridge ISC2 Series of ISO/API/ASME seals
• Wet, dry and lift-off M Series mixer seals with sterilizable designs
• Complete line of Gaspac dry gas compressor seals
• INNOMAG® TB-MAG(TM) fluoropolymer-lined magnetic drive pump with its innovative dynamic thrust balancing systems
• SIHI CBSD sealed chemical pump
• SIHI CBMD metallic magnetic drive pump

In addition to highlighting leading flow control products and services, three Flowserve industry experts will deliver presentations at the ACHEMA Congress, a prestigious, high-level lecture program with a global audience that facilitates the free exchange of ideas by leading researchers.

On June 16, Matt Moy, Senior Applications Engineer, will take a critical look at advanced designs that limit solids from entering the lubricating flow path of sealless pumps in his presentation, "Facilitating the Use of Sealless Pumps in Solids Laden Pumping Applications."

On June 18, Dr. Bill Newton, Strategic Marketing Manager for the chemical industry, will examine the promise of cellulose-based, second-generation biomass as an alternative to oil-based feedstocks in the production of a range of basic and specialty chemicals in his presentation, "The Growth of Industrial Biotechnology: Implications for Pump, Valve and Mechanical Seal Manufacturers."

On June 19, Joop van Dam, Engineering Supervisor, will address API Plan 53B systems and their uses in the chemical and petrochemical industries in his presentation, "Environmental Temperature Influences on Plan 53B Mechanical Seal Systems."

For more information on Flowserve products and presentations at ACHEMA 2015, visit www.flowserve.com/Achema. 

About Flowserve: Flowserve Corp. is one of the world's leading providers of fluid motion and control products and services. Operating in more than 55 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 Web site at 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; 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; increased aging and slower collection of receivables, particularly in Latin America and other emerging markets; 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 and other critical processes; 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 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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