Addition to PSS Line Delivers Proven Performance and Ease-of-Maintenance
Dallas, Texas, USA – May 22, 2007 – Flowserve Corporation, a global provider of fluid motion and control products and services (NYSE: FLS), announces the release of the PSS III, its next-generation single OD pressurized split seal. The enhanced PSS III adds new design features to improve performance, reliability and ease of installation and repair.
The PSS III split seal is designed for pumps and mixers. It is ideally suited for use in paper mills, wastewater treatment facilities, soda ash processing and light chemical plants.
“The release of the PSS III seal demonstrates the Flowserve philosophy of continuous improvement in split-sealing solutions,” says Mark Fallek, vice president, marketing, Flow Solutions division. “Since the 1960s, the Flowserve line of PSS split seals has been consistently upgraded to meet the newest customer requirements in the process industries.”
Compared to competing split seals, replacement of the PSS III is fast and easy in difficult-to-service equipment applications. All fasteners and gaskets are captured in four major components, simplifying installation and greatly improving the likelihood of first-time installation success.
The pump and primary driver on the PSS III do not need to be completely dismantled during seal maintenance because the seal installs around the shaft and outside the seal chamber. Installation tools are included with the seal, and only one wrench is required for the gland bolts, further simplifying maintenance. Because PSS III seal faces are pre-assembled into the drive and gland halves, there is no need to handle the individual faces – reducing the risk of face damage.
The PSS III is designed with an industry-leading pressure capability for split seals – vacuum to 300 psig (21 bar) in normal operating conditions – and successfully operates after experiencing excursions up to 450 psig (31 bar). The allowable temperature range of the PSS III is 0 to 250 degree F (-18 to 121 degree C). Custom engineered designs of the PSS III meet even more rigorous demands.
Other enhancements to the PSS III include an improved seal drive and gland ring, which provide a greater axial holding power and result in the high-pressure rating of the seal. A 0.060-inch (1.5 mm) TIR radial shaft run out capability enables the PSS III to accommodate the most demanding mixer characteristics.
During PSS III development, Flowserve product managers received a record number of field trials requests. More than 200 field trials were conducted, in applications ranging from white water to screens in paper mills to high-concentration stock pumps above 3 percent stock.
The PSS III has already proven its performance in a variety of trial applications. At a plant in Wyoming, PSS III seals were installed in soda ash pumps and agitators with a low mean time between failure (MTBF). The PSS III design upgrades and higher pressure capabilities helped increase MTBF by more than 50%.
For additional technical information, contact Thomas Bennett, product manager, Flowserve Flow Solutions, by phone at +1 (269) 226-3499 or by e-mail at firstname.lastname@example.org.
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. More information about Flowserve Corp. can be obtained by visiting the company's website at www.flowserve.com.
SAFE HARBOR STATEMENT
This news release includes forward-looking statements. Forward looking statements are all statements that are not statements of historical facts and include, without limitation, 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 words “believe”, “seek”, “anticipate”, “plan”, “estimate”, “expect”, “intend”, “project”, “forecast”, “predict”, “potential”, “continue”, “will”, “may”, “could”, “should”, and other words of similar meaning are intended to identify forward-looking statements. The forward-looking statements made in this news release are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other factors that, in some cases, are beyond our control. These risks, uncertainties and factors may cause our actual results, performance and achievements, or industry results and market trends, to be materially different from any future results, performance, achievements or trends expressed or implied by such forward-looking statements. 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. It is not possible to foresee or identify all the factors that may affect our future performance or any forward-looking information, and new risk factors can emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. All forward-looking statements included in this news release are based on information available to us on the date of this news release. We undertake no obligation to revise or update any forward-looking statement or disclose any facts, events or circumstances that occur after the date hereof that may affect the accuracy of any forward-looking statement.
Media Contact: Steve Boone, FSD-Marketing Communications Manager, Tel: +1 (972) 443-6644, E-Mail: email@example.com