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01/11/2011Press release: Xylem launches as new global, pureplay water technology company
Spinoff from ITT complete Xylem delivers powerful combination of water transport, treatment and testing capabilities WHITE PLAINS, N.Y., October 31, 2011 – Xylem Inc. (NYSE: XYL) today announced that it has completed its spinoff from ITT Corporation, and has begun operations as a $3.2 billion standalone global water technology company.

21/10/2011Press release: Launch of Flygt Experior™ Delivers Energy Savings of Up to 50 Percent, Marks Breakthrough in Wastewater Pumping
Los Angeles, October 17, 2011 – ITT Corporation, a global leader in moving, treating and analyzing water and wastewater, has today unveiled a revolutionary new wastewater pumping system, called Flygt Experior. By combining advances to its state-of-the-art hydraulics, premium efficiency motors and intelligent controls in a unique concept, the new Flygt Experior offers up to 50 percent energy savings compared to conventional wastewater pumps in a package that is simple to install and easy to operate.

07/10/2011Press release: ITT board of directors approves spinoffs of Xylem and ITT Exelis
Separation to be completed October 31, 2011 ITT Exelis and Xylem to begin “regular way” trading on the New York Stock Exchange on November 1, 2011 Company receives IRS ruling that transaction qualifies as tax-free Collective ITT, Xylem and ITT Exelis post-spin fourth-quarter dividends to equal current ITT quarterly dividend ITT to effectuate 1:2 reverse stock split following distribution

25/08/2011Press Release: ITT’s future water company pledges continued commitment to key global philanthropy and sponsorship programs
Signature corporate citizenship program ITT Watermark® and global sponsorship of Stockholm Junior Water Prize to be continued by new company Xylem

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