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CIRCOR's CFO Announces Intention to Retire at End of 2007

BURLINGTON, Mass., June 18 /PRNewswire-FirstCall/ -- CIRCOR International (NYSE:CIR) announced today that Kenneth W. Smith, the Company's Senior Vice President and Chief Financial Officer, is retiring from the Company effective December 31, 2007. Mr. Smith has served the Company as CFO since April, 2000.

David A. Bloss, Sr. the Company's Chairman and CEO said "Ken has made significant contributions to the success of CIRCOR during his seven year tenure with us. In a period of increasing public company regulation and scrutiny, Ken's commitment and leadership have resulted in significant improvements to our financial organization and system of internal controls during a period of rapid growth including several acquisitions. We wish him well in his retirement and appreciate the advanced notice that he has given us which will allow ample time to identify an appropriately qualified replacement to ensure a smooth transition for the Company's financial organization."

CIRCOR International, Inc. is a leading provider of valves and fluid control products that allow customers around the world to use fluids safely and efficiently in the aerospace, instrumentation, fluid regulation and energy markets. CIRCOR's executive headquarters is located at 25 Corporate Drive, Burlington, MA 01803. The Company can be found on the World Wide Web at http://www.circor.com.

Source: CIRCOR

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