Press Release

Colfax Names Lynne Puckett As General Counsel

RICHMOND, Va., Aug 23, 2010 /PRNewswire via COMTEX News Network/ -- Colfax Corporation (NYSE: CFX), a global leader in fluid-handling solutions for critical applications, announced that A. Lynne Puckett has been named Senior Vice President, General Counsel and Secretary effective September 27, 2010, succeeding Thomas M. O'Brien. O'Brien, who has been with Colfax since 1985, is retiring and will remain an advisor to the Company.

Puckett has extensive experience in mergers and acquisitions, and she joins Colfax from the law firm of Hogan Lovells, where she is currently a partner. She has represented Colfax on several acquisitions, including the recently announced acquisition of the Baric Group. In addition to her M&A work, her experience includes a broad range of corporate and transactional matters, including venture capital financings, debt and equity offerings, and general corporate and securities law matters. A significant portion of her practice involves complex corporate restructurings and cross-border transactions. She has represented companies across many industries, ranging from large international companies to mid-sized and local non-profit companies. Before entering the practice of law, Puckett worked for the U.S. Central Intelligence Agency, where she received the agency's Exceptional Performance Award in 1989. She later worked for a major U.S. defense contractor as a senior contract representative.

Clay H. Kiefaber, President and CEO of Colfax Corporation said, "Lynne is a seasoned corporate lawyer with broad-based experience in all relevant practice areas, including mergers and acquisitions, and we're delighted that she will be joining our team."

Puckett holds a J.D. from the University of Maryland School of Law and a B.S. degree from James Madison University. She is a member of the bar in Maryland and the District of Columbia.

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, defense and general industrial markets. Colfax's operating subsidiaries supply products under the well-known brands Allweiler, Baric, 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

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

Copyright (C) 2010 PR Newswire. All rights reserved