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Everett, Washington, July 8, 2007


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Parker Aerospace is Onboard as Boeing Rolls Out New 787 Dreamliner




Everett, Washington, July 8, 2007 – When the Boeing 787 Dreamliner made its first appearance at a Boeing manufacturing facility on 07-08-07, Parker Aerospace was onboard as a 787 System and Volume Team Partner as well as a sub-tier supplier. The Dreamliner was rolled out for more than 15,000 spectators at a special event planned by Boeing at its Everett, Washington, facility.
Parker equipment on the 787 includes hydraulic subsystem and aft strut fairing module design and integration by the Hydraulic Systems Division in Kalamazoo, Michigan with contributions from the Air and Fuel Division in Irvine, California, the Nichols Airborne Division in Devens, Massachusetts, and Elyria, Ohio, the Electronic Systems Division in Smithtown, New York, and the Stratoflex Products Division located in Fort Worth, Texas, and Camarillo, California. In addition, the Nichols Airborne Division produced pumps, reservoirs, and filtration for the forward cargo air conditioning system, the integrated cooling system, and the primary electronics system; and a main fuel smart pump for the auxiliary power unit and potable water pump for the potable water system, and a power pack pump to unlatch nose/wing and landing gear doors, also produced by the Nichols Airborne Division..
Parker also supports the two candidate engines for the 787, providing the Rolls-Royce Trent 1000 engine pneumatic subsystem, produced by the Air & Fuel Division which is headquartered in Irvine, California; and the fuel atomization nozzles on both the Trent and the General Electric GEnx, produced by Gas Turbine Fuel Systems Division, headquartered in Mentor, Ohio. Parker also provides fluid conveyance products for both engines, produced by the Stratoflex Products Division.
Parker Aerospace facilities throughout the U.S. and in Europe will join Boeing in celebrating the rollout throughout the week of July 9th. Many Parker Aerospace facilities will be decorated with banners and large graphics illustrating Parker products used on the aircraft. In addition, Parker facilities will show footage of the rollout event on large screens, hosting celebration luncheons for employees, and providing special gifts commemorating employee accomplishments on the 787.
Parker Aerospace and Parker Hannifin Corporation. Parker Aerospace is an operating segment of Parker Hannifin Corporation, and designs, manufactures, and services hydraulic, fuel, flight control and pneumatic components, systems, and related electronic controls for aerospace and other high-technology markets. Based in Irvine, California, its broad product line includes hydromechanical, electromechanical, electrohydrostatic actuation systems and components; electrohydraulic servovalves; utility hydraulic systems and components: fuel, hydraulic, coolant, water, lubrication, and scavenge pumps; fuel tank inerting and fire suppression systems; fuel measurement and management systems; electronic controllers; fiber-optic surveillance and control systems; pneumatic subsystems and components; fluid metering delivery and atomization devices; wheels; brakes; fuel, pneumatic, and hydraulic valves; and fluid conveyance products, including hoses, tubes, self-sealing quick disconnects, and fittings.
With annual sales exceeding $9 billion, 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 commercial, mobile, industrial, and aerospace markets. The company employs more than 57,000 people in 43 countries around the world. Parker has increased its annual dividends paid to shareholders for 50 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.


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