Xylem Inc. celebrates its one-year anniversary as a leading provider of water equipment and applications expertise, solving

  Xylem Inc. celebrates its one-year anniversary as a leading provider of
  water equipment and applications expertise, solving customers’ most
  challenging water issues

Business Wire

WHITE PLAINS, N.Y. -- October 31, 2012

Today, Xylem Inc. (NYSE: XYL) celebrates its one-year anniversary as the
world’s largest pure-play water technology company after spinning off from ITT
Corporation in October 2011. As a water leader doing business in more than 150
countries, Xylem leverages unique global assets and its high-performing
culture to solve its customers’ most challenging water problems. United around
water, Xylem continues to deliver innovative technologies that touch every
part of the water cycle with the singular goal of enabling sustainable use of
water everywhere. To view Xylem’s involvement in the cycle of water, click

“Xylem’s first year, guided by its vision of changing the way the world
addresses its water issues, was filled with extraordinary achievements,” said
Gretchen McClain, president and CEO of Xylem. “Particularly today, as we help
our customers in the storm-ravaged areas of the eastern U.S. move floodwater
and get back to normal, I’m reminded of all we as a team can do when we bring
to bear our knowledge, our equipment and our distribution channels. I’m
confident that our business strategy, global talent and our focus on creating
value -- both economic and social -- will lead us to an even stronger future
in our second year and beyond.”

In its first year as a stand-alone company, Xylem delivered strong operating
results, executed its growth strategy and was recognized by industry for high
performance, while also increasing its presence and business focus in the
emerging markets of Brazil, India, Panama and Vietnam.

  *Xylem completed two acquisitions to bolster its growth platforms in its
    first year. It acquired MJK Automation A/S, a Denmark-based, privately
    owned leading manufacturer of flow and level sensors, and measurement and
    control technology for water and wastewater applications, to complement
    its existing global analytics portfolio. It also acquired Heartland Pump
    Rental & Sales, Inc., specializing in dewatering pump rental, services and
    systems design. This recent acquisition will strengthen Xylem’s dewatering
    solutions portfolio.
  *Xylem introduced a number of new products and services to help customers
    more efficiently transport, treat and test water and wastewater, with a
    particular focus on energy efficiency, improving water quality and
    enabling water re-use.
  *Xylem was named to the Dow Jones Sustainability World Index and the Dow
    Jones Sustainability North America Index, which was a major acknowledgment
    of all the work the company has done to advance sustainable business
    practices and solutions.
  *Xylem received the prestigious President’s Excellence Award in Corporate
    Philanthropy from the Committee Encouraging Corporate Philanthropy in
    recognition of its Xylem Watermark program, the company’s signature social
    investment effort that provides and protects safe water resources in
    communities around the world.

About Xylem

Xylem (XYL) is a leading global water technology provider, enabling customers
to transport, treat, test and efficiently use water in public utility,
residential and commercial building services, industrial and agricultural
settings. The company does business in more than 150 countries through a
number of market-leading product brands, and its people bring broad
applications expertise with a strong focus on finding local solutions to the
world’s most challenging water and wastewater problems. Launched in 2011 from
the spinoff of the water-related businesses of ITT Corporation, Xylem is
headquartered in White Plains, N.Y., with 2011 revenues of $3.8 billion and
12,500 employees worldwide. In 2012, Xylem was named to the Dow Jones
Sustainability World Index for advancing sustainable business practices and
solutions worldwide.

The name Xylem is derived from classical Greek and is the tissue that
transports water in plants, highlighting the engineering efficiency of our
water-centric business by linking it with the best water transportation of all
-- that which occurs in nature. For more information, please visit us at


Xylem Inc.
Tom Glover, +1-914-323-5891
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