SIMSBURY, CT - March 28, 2003 - In a move to exceed customer needs in the electronic register industry, Veeder-Root has added two industry veterans to its Petroleum Products Group.

Kevin Jenson joins Veeder-Root as Sales Manager, North America. Jensen brings 15 years of experience in sales, marketing and management in the flow meter industry. He has worked extensively in refined fuels, LPG, aviation, AG, industrial, marine, medical equipment, beverage dispensing, hydraulic and pnuematic metering.

Mike Walls has also joined the Veeder Root team as the EMR3 product line's exclusive manufacturers' representative for the Northeastern US. Walls has 19 years in the petroleum equipment industry, including jobs as product manager, internal business consultant and manufacturers rep for technology solutions for oil and LPG delivery trucks.

Jeff Adams, Vice President and General Manager of Veeder-Root Operations says, "We have brought Kevin and Mike to the Veeder-Root team for one reason: they understand customers needs in the electronic register business. Their experience and application knowledge, matched up with a product such as the EMR3, will help us exceed our customers' expectations and grow our presence in this business sector."

About Veeder-Root

Veeder-Root is a leading global supplier of automatic tank gauging and fuel management systems, including the Red Jacket® brand of submersible pumps and pressurized line leak detectors. Veeder-Root has equipment in more than 500,000 sites across the United States and the company recently merged with Gilbarco, Inc., to form a single company owned by Danaher Corporation. Veeder-Root is headquartered in Simsbury, Connecticut. www.veeder.com.

Contact:

Eva Holdenried
Veeder-Root Company
125 Powder Forest Drive
Simsbury, CT 06070
Phone 860-651-2879
Fax 860-651-2719
eholdenried@veeder.com