ITT Corporation (NYSE:ITT) congratulates the longest-serving member of its board of directors, Dr. Curtis J. Crawford, for being named a winner of the National Association of Corporate Directors' (NACD) 2010 "Director of the Year" awards. Dr. Crawford, an ITT director since 1996, was selected as the B. Kenneth West Lifetime Achievement Award honoree as a result of his decades of exemplary leadership, mentorship and influence in corporate boardrooms.

Dr. Crawford's career as a board member has been marked by his attention to board process above and beyond requirements, his willingness to mentor others and his high ethical standards for leadership.

"As our longest-serving director, Curt has provided an exceptional standard of corporate governance as well as strong support of and challenge to the management team. Curt demonstrates great knowledge of our business and an unquestioned interest in our continued success," said Steve Loranger, chairman, president and chief executive officer, ITT. "We congratulate Curt on this well-deserved honor and are continuously grateful for his invaluable insights and counsel."

In addition to serving on ITT's board of directors, Dr. Crawford is a director of ON Semiconductor and E.I. du Pont de Nemours and is a Trustee of DePaul University. He previously served as Chairman of the Board of ON Semiconductor, Chairman, President and CEO of Zilog, President, CEO and Director of Onix Microsystems and Chairman of the Board of ISTAT.

For more than two decades, the NACD Director of the Year awards have recognized distinguished individual directors who serve as role models in promoting exemplary board leadership, oversight excellence and courage in the boardroom.

NACD Director of the Year winners are nominated by peers, including board members who belong to NACD. Nominees were evaluated by an independent selection committee according to their proven ability to strengthen board leadership in ways that align with the NACD "Key Agreed Principles," consisting of leading practices in areas including risk oversight, corporate strategy, compensation and transparency.

About ITT Corporation

ITT Corporation is a high-technology engineering and manufacturing company operating on all seven continents in three vital markets: water and fluids management, global defense and security, and motion and flow control. With a heritage of innovation, ITT partners with its customers to deliver extraordinary solutions that create more livable environments, provide protection and safety and connect our world. Headquartered in White Plains, N.Y., the company reported 2009 revenue of $10.9 billion. www.itt.com.

ITT Corporation

ITT Corporation

ITT (NYSE: ITT) is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the energy, transportation and industrial markets. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life. Founded in 1920, ITT is headquartered in White Plains, N.Y., with employees in more than 35 countries and sales in a total of approximately 125 countries. The company generated 2012 revenues of $2.2 billion. For more information, visit www.itt.com.

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