Appointment of new General Manager and launch of industry-leading technology AC variable speed drives...

...heralds landmark month for Parker Hannifin SSD Drives Division Europe

Staffordshire, UK, October 11, 2012, October saw the start of another chapter in the nearly 40 year history of Parker Hannifin’s SSD Drives Division Europe. The 1st of the month saw the start of production for the first of a new generation of AC variable speed drives and the appointment of Brian Hurley as the company’s new General Manager.

The AC30V Series, engineered and built at Parker SSD’s Littlehampton, UK facility, represents a major step forward for drive technology in terms of design and manufacturing techniques and in respect of the functionality it provides users. Ethernet connectivity, a multi-language graphical keypad, STO to PLe Cat3/SIL3 and IEC61131 PLC functionality are all offered as standard. The AC30V provides exceptional protection for use in harsh environments, meeting the requirements for both classes 3C3 and 3C4 for Hydrogen Sulphide as well as classes 3C1 and 3C2 for all defined substances.

Brian Hurley, appointed as the new General Manager for SSD Drives Division Europe, has been promoted from Parker’s KV (Fluidic Systems) Division, where he held the position of General Manager for four years. Brian brings a wealth of management and technical experience gained from working in the manufacturing sector for over 30 years.

Brian’s first task has been to lay the foundations for the successful roll-out of the AC30V across Europe, the Middle-East and Africa following its official commercial launch. “Many years of engineering time and significant investment have gone into developing AC30V and this product clearly positions Parker as a major player in the global drives market. I’m excited to see the levels of innovation and industry-leading features that the team has been able to deliver, and I’m looking forward to the AC30V building on the existing reputation for engineering excellence that Parker SSD Drives has in the market place.”

Image caption: Brian Hurley, General Manager of Parker SSD Drives witnesses the 1st AC30V off the Littlehampton production line

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About Parker Hannifin Corporation

With annual sales exceeding $13 billion in fiscal year 2012, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company employs approximately 60,000 people in 48 countries around the world. Parker has increased its annual dividends paid to shareholders for 56 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index. For more information, visit the company's web site at www.parker.com, or its investor information web site at www.phstock.com .

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October 2012                                                      Ref: PAR198A

About Us

About Parker Hannifin With annual sales exceeding $12 billion in fiscal year 2011, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company employs approximately 58,000 people in 47 countries around the world. Parker has increased its annual dividends paid to shareholders for 55 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index. For more information, visit the company's web site at www.parker.com, or its investor information web site at www.phstock.com.