WAUKESHA, WISCONSIN (October 31, 2008) - Dresser Waukesha was awarded approximately $2 million as the latest installment of a multi-million dollar grant from the U.S. Department of Energy (DOE) for a continuing technology development effort that will improve engine efficiency and further reduce emissions levels.

This award is the continuation of the successful Dresser Waukesha DOE partnership that began in 2001 as part of the DOE's Advanced Reciprocating Engine Systems (ARES) program. In the first phase of the ARES program, Waukesha developed the APG1000 (Advanced Power Generation), one of the world's highest efficiency 1800 rpm engines.

The APG1000 is designed for the world power generation market. It is a turbocharged, lean-burn unit with 42 percent engine efficiency at 1800 rpm, 0.5 g/bhp-hr NOx (with after-treatment), that delivers a 10 percent reduction in cost of electricity produced, and reliability and durability equivalent to, or better than, other current high-speed engines.

The ARES program was created to encourage the development of large natural gas engines that operate with increased efficiency while meeting tight emissions requirements, maintaining current levels of reliability and durability and reducing ownership costs.

About Waukesha

Founded in Waukesha, Wis. in 1906, Dresser Waukesha, a business unit of Dresser, Inc., is a manufacturer of spark-ignited, gaseous-fueled engines widely used in power generation, field gas compression and other mechanical drive applications. Waukesha Engine also packages Enginator® gensets and DC switchgear controls for the distributed generation market. Waukesha's manufacturing facility, located in Waukesha, is ISO 9001 certified. The company's Web site is www.waukeshaengine.dresser.com.

About Dresser, Inc.

Dresser, Inc. is a leader in providing highly engineered infrastructure products for the global energy industry. The company has leading positions in a broad portfolio of products including valves, actuators, meters, switches, regulators, piping products, natural gas-fueled engines, retail fuel dispensers and associated retail point of sale systems and air and gas handling equipment. Leading brand names within the Dresser portfolio include Dresser Wayne® retail fueling systems, Waukesha® natural gas-fired engines, Masoneilan® control valves, Mooney® regulators, Consolidated® pressure relief valves, and Roots® blowers and rotary gas meters. It has manufacturing and customer service facilities located strategically worldwide and a sales presence in more than 100 countries. The company's Web site is www.dresser.com.

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MEDIA CONTACT:

Nancy Deptolla
(262) 236-4175
nbdeptolla@sbcglobal.net