STRATEGIC PARTNERSHIP TO REVOLUTIONIZE INTEGRATED SERVOMOTORS

Columbus, OH — August 12, 2010 – The Electromechanical Division of Parker Hannifin (NYSE: PH), a leading supplier of motion control equipment, has entered into a product development and distribution agreement with AMT Machine Systems (AMT) of Columbus, OH, to address the growing integrated motor control (IMC) market. Under the agreement, AMT will develop an intelligent servomotor drive, which incorporates motor control, I/O, motion control capability, and network communications, to be integrated with Parker Hannifin’s MPP series servomotors.

“AMT’s IMC technology has been used successfully for more than 7 years in a very challenging motion control application. This means a faster time to market with a proven, field-hardened product, which is key for Parker Hannifin,” said division marketing manager, Parker Hannifin Electromechanical Division, John Guite.

The IMC drive being developed by AMT is based on its field-proven CyberDrive™ intelligent drive. The CyberDrive™ module incorporates motor control, driver electronics, and Ethernet POWERLINK communications, which, when integrated with the MPP series servomotors, results in a line of high-performance, integrated, intelligent servomotors for industrial motion control.

The new integrated intelligent servomotor will be marketed by Parker Hannifin through its worldwide distribution network starting in 2011. Joe Bioty, president & CEO of AMT Machine Systems, said, “The agreement with Parker Hannifin is significant for us because it enables us to market our exciting CyberDrive™ technology through a highly-respected world-wide distribution channel. This will give AMT access to customers and applications that we could never have reached on our own.”

With annual sales exceeding $10 billion in fiscal year 2010, 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 55,000 people in 46 countries around the world. Parker has increased its annual dividends paid to shareholders for 54 consecutive 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 site at www.phstock.com .

AMT Machine Systems, Ltd., has been providing products and services that improve manufacturing productivity for over 10 years. Their systems are used to optimize the manufacturing of parts for numerous industries including automotive, aerospace, electronics, fasteners/hardware, medical, plumbing, and telecommunications. AMT’s advanced CyberNet™ control architecture has been used in several hundred of their ServoCam® UltraSlide™ and UltraTurn™ systems that are installed and operating in manufacturing facilities across the U.S. and Canada. For more information on AMT, visit www.amtmachinesystems.com.

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