Press Release Details

Colfax Subsidiary Opens Middle East Office in Bahrain

June 15, 2009

RICHMOND, Va., June 15, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Allweiler AG, a subsidiary of Colfax Corporation (NYSE: CFX), a global leader in fluid-handling solutions for critical applications, has opened an office in Bahrain to better serve and support Middle East clients.

"While Colfax has worked for years in the region on hundreds of oil and gas, power generation and industrial installations, we wanted to increase our commitment to current and prospective Middle East customers," said John A. Young, president and CEO of Colfax.

Located in Sanabis, Kingdom of Bahrain, the new office includes employees permanently in the country, as well as those in the region for special assignments. Its Middle East clients include Bahrain Petroleum Company, Saudi Aramco, Kuwait National Petroleum Company, Petroleum Development of Oman, Qatar Petroleum, Al-Khafji Joint Operations (KJO) and others.

"We look forward to having direct and frequent contact with our Middle East customers to provide custom engineered solutions, technical advice and training seminars," said Martin Schroeder, on-site manager at the Bahrain office. "We also have at our disposal worldwide resources, including more than 2,000 associates, engineering professionals and technical facilities in Colfax offices in North America, Europe and the Asia Pacific region. Whether our customers are focused on capacity expansion projects, reducing operating costs of current installations, meeting environmental requirements or moving crude oil of varying viscosities, the Colfax team in the Middle East can provide a complete portfolio of pump technologies, application expertise and the brands that customers can count on for years of service in the harshest environments."

The office is located at Office No. 21, Building No. 829, Road No. 833, Block No. 408, Sanabis, Kingdom of Bahrain, and its mailing address is P.O. Box 31348, Budaiya, Kingdom of Bahrain. Its phone number is 973 / 17 / 55 87 09, and e-mail is ME-Rep-Off@colfaxcorp.com.

ABOUT COLFAX CORPORATION - Colfax Corporation is a global leader in critical fluid-handling products and technologies. Through its global operating subsidiaries, Colfax manufactures positive displacement industrial pumps and valves used in oil & gas, power generation, commercial marine, global naval and general industrial markets. Colfax's operating subsidiaries supply products under the well-known brands Allweiler, Fairmount Automation, Houttuin, Imo, LSC, Portland Valve, Tushaco, Warren and Zenith. Colfax is traded on the NYSE under the ticker "CFX." Additional information about Colfax is available at www.colfaxcorp.com.

CAUTIONARY NOTE CONCERNING FORWARD LOOKING STATEMENTS:

This press release may contain forward-looking statements, including forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning Colfax's plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on Colfax's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause Colfax's results to differ materially from current expectations include, but are not limited to factors detailed in Colfax's reports filed with the U.S. Securities and Exchange Commission as well as its Annual Report on Form 10-K under the caption "Risk Factors". In addition, these statements are based on a number of assumptions that are subject to change. This press release speaks only as of this date. Colfax disclaims any duty to update the information herein.

The term "Colfax" in reference to the activities described in this press release may mean one or more of Colfax's global operating subsidiaries and/or their internal business divisions and does not necessarily indicate activities engaged in by Colfax Corporation.

SOURCE Colfax Corporation

http://www.colfaxcorp.com

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