Company Overview

2/3/2003


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Table of Contents

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Company Overview

IDEX Business Model

2002 Sales & Operating Income

Pump Products

Dispensing Equipment

Engineered Products

Markets Served – 2002

2002 Sales By Region

Company Direction

Financial Goals

Business Strategy

Achieving Greater Operational Excellence

Kaizen Example

Lean / Demand Flow Example

Six Sigma – The Most Powerful Tool in the Toolbox

Six Sigma Example

Global Sourcing Initiatives

Organic Growth Strategy

Organic Growth Initiatives

Organic Growth Initiatives

Acquisition Strategy

Integration Strategy

Complement Organic Growth With Acquisitions

2002 Acquisitions: Rheodyne, Halox & Wrightech

Rheodyne

Halox Technologies

Wrightech

Financial Review

Historical Operating Performance

2002 Operating Results

High Quality Earnings with Consistently Strong Free Cash Flow

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Balance Sheet – December 31, 2002

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Current Outlook For IDEX

Summary

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Author: Merrill Lynch