AMETEK is composed of two operating groups: Electronic Instruments and Electromechanical. It ranks among the world leaders in process analyzers and measurement and control instruments and is a recognized leader in aerospace, power and industrial instruments. It is a differentiated supplier of electrical interconnects; technical motors and systems as well as specialty metal products and electric motors for floor care and other applications.

AMETEK is committed to a vision of doubling in size and profitability over the next five years and to achieving double-digit growth in earnings per share over the economic cycle. Guiding AMETEK's success is a Corporate Growth Plan based on Four Strategies: Operational Excellence, Strategic Acquisitions & Alliances, Global & Market Expansion, and New Products.

Operational Excellence is AMETEK's cornerstone strategy. It has driven AMETEK's success in improving profit margins, achieving synergies from newly acquired businesses and consistently delivering quality and value to its customers.

Strategic Acquisitions & Alliances -- AMETEK is an active and disciplined acquirer. Since the beginning of 1999, it has completed more than 30 acquisitions, achieving critical mass and competitive position in a number of emerging markets and technologies.

Global & Market Expansion -- AMETEK has greatly expanded its global presence. Half of AMETEK's sales are now outside the United States, and since 1999, it has more than tripled its sales and marketing personnel in Europe, Asia, and the Middle East.

New Products -- AMETEK enjoys an excellent reputation for technical innovation. Over the past five years, it has invested nearly $400 million in new product development and introduced a steady stream of successful new products.