Press Presse Press Presse Industry Sector Solutions Division Warrendale, Pennsylvania, USA, January 7, 2010 Siemens expands dewatering solutions into mining market with acquisition of Industrial Process Machinery By acquiring the American company Industrial Process Machinery (IPM), Manchester, New Hampshire, Siemens is continuing to expand its dewatering solutions offering for industrial applications. As of December 31, 2009, IPM is part of Siemens Water Technologies, a Business Unit of the Siemens Industry Solutions Division. In the future, Siemens will offer IPM filter presses worldwide, mainly within the scope of its solutions offering for the mining industry. With more than 100 global installations, IPM provides high-capacity filter presses for slurry dewatering, primarily to the mining and process industries. The purchase price was not disclosed. “IPM has a strong reputation in the mining market with their filter presses,” said Dave Spyker, Executive Vice President of the Industrial Segment for Siemens Water Technologies. “The acquisition expands our filter press line of products and related services further into the global mining market, and into other industries as well, including chemical and remediation.” IPM will continue to operate out of its office in Manchester, New Hampshire. Siemens is a leading supplier of integrated solutions for the mining industry.