PALL CORPORATION

PALL CORPORATION

February 28, 2005 14:26 ET

Pall Enters Laboratory Water Market With New Cascada Lab Water System


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: PALL CORPORATION

NYSE SYMBOL: PLL

FEBRUARY 28, 2005 - 14:26 ET

Pall Enters Laboratory Water Market With New Cascada
Lab Water System

EAST HILLS, N.Y.--(CCNMatthews - Feb 28, 2005) -

Purified water is an essential and growing requirement of research and
diagnostic laboratories. Water quality can wreak havoc on sensitive
equipment and test results. To meet demanding life science and
analytical testing requirements, Pall Corporation (NYSE: PLL), the
global leader in filtration, separations and purification, announced
that it is bringing its water purification expertise to the laboratory
market with the introduction of the Pall Cascada™ Lab Water Systems.
The Cascada point-of-use system provides optimum water quality to
support diverse laboratory needs from the most critical, sensitive
applications through general-purpose use.

"As the lab market becomes increasingly complex and demanding, customers
need trustworthy providers that are deeply entrenched in water
purification," says Ken L. Harris, President Pall Life Sciences New
Technology. "Pall's entry into this marketplace combines more than a
half century experience in the development of the most advanced water
purification technologies used by a host of industries worldwide with
our in-depth, extensive knowledge and understanding of the diverse
application needs of the laboratory markets we serve."

The Cascada System enables laboratories to achieve the highest purity
water through a series of separation and purification steps in a single
box on demand. Four polishing systems, with customized configurations to
meet a wide range of sensitive application requires for high quality
ultrapure water, are available. A pretreatment system is also available
to protect and extend the life of the polishers, which is particularly
important in cases where there is poor feedwater quality.

Expanding Market with Unmet Needs

"The lab water market continues to expand and rapid technological growth
in regions of the world, such as Asia and Latin America, still have many
unmet needs. We are confident we will be one of the leading providers of
point-of-use laboratory water systems in the near future," says Mr.
Harris.

The global laboratory water systems and consumables market is estimated
at $250 million dollars, growing at a rate of about 8 percent annually.

"Pall selected the best available technology for our new system to
monitor and protect the quality of the output water at the least cost of
ownership for academic, clinical, biopharmaceutical and pharmaceutical
research laboratories," Mr. Harris adds. "The new Cascada system is
merely the tip of the iceberg for Pall in this marketplace."

The Company plans to extend its dominant position in water purification
by utilizing its proprietary technologies to continue to refine systems
and lead in the growing, changing and ever more demanding laboratory
water market.

About Pall Corporation

Pall Corporation is the global leader in the rapidly growing field of
filtration, separations and purification. Pall's business is organized
around two broad markets: Life Sciences and Industrial. The Company
provides leading-edge products to meet the demanding needs of customers
in biotechnology, pharmaceutical, transfusion medicine, semiconductors,
water purification, aerospace and broad industrial markets. Total
revenues are $1.8 billion. The Company headquarters are in East Hills,
New York with extensive operations throughout the world. Visit Pall at
www.pall.com.

Forward Looking Statement

This release contains "forward-looking statements" as defined in the
Private Securities Litigation Reform Act of 1995. These statements are
based on current Company expectations and are subject to risks and
uncertainties which could cause actual results to differ materially.
Such risks and uncertainties include, but are not limited to:
fluctuations in foreign currency exchange rates; regulatory approval and
market acceptance of new technologies; changes in product mix and
product pricing and in interest rates and cost of raw materials; the
Company's success in enforcing its patents and protecting its
proprietary products and manufacturing techniques and its ability to
achieve the savings anticipated from its cost reduction initiatives;
global and regional economic conditions and legislative, regulatory and
political developments; and domestic and international competition in
the Company's global markets. Additional information regarding these and
other factors is available on the Web at www.pall.com and is included in
the Company's reports filed with the U.S. Securities and Exchange
Commission. Copies of such reports can be obtained, without charge, at
www.sec.gov.

Management uses certain non-GAAP measurements to assess Pall's current
and future financial performance. The non-GAAP measurements do not
replace the presentation of Pall's GAAP financial results. These
measurements provide supplemental information to assist management in
analyzing Pall's financial position and results of operations. Pall has
chosen to provide this information to facilitate meaningful comparisons
of past, present and future operating results and as a means to
emphasize the results of ongoing operations.

Editors Note:

Product photos and additional information can be found on
www.pall.com/corporate_35507.asp

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Pall Corporation
    Patricia Iannucci, 516- 801-9100
    E-mail: piannucci@pall.com