Colfax to Provide Pumping Solutions for French Navy Nuclear Submarines

TOURS, France, Oct. 27 /PRNewswire-FirstCall/ -- Colfax Corporation (NYSE:
CFX), a global leader in fluid-handling solutions for critical applications,
announced its Colfax-Imo Pompes Business Unit in France will provide oil pumps
and other fluid-handling systems for Barracuda-class nuclear submarines being
built for the French Navy.

"Submarines need to operate as quietly as possible to avoid detection, and the
French Navy accordingly specified its pumps should produce low noise levels
and vibrations," said Daniel Joslin, managing director of Colfax's business in
Tours, France. "Our Colfax Defense Centre of Excellence in Tours has the staff
and equipment capable of meeting those demanding requirements to ensure the
pumps provide years of quiet, reliable service."

Colfax will deliver the first pumping systems to French naval-defense
contractor Direction des Constructions Navales Services (DCNS) between the end
of 2010 and the beginning of 2011. They will be used aboard the Suffren, the
first of six submarines that will enter active service between 2016 and 2027.

Colfax will continue to provide service, training, parts and documentation for
its systems during the service life of the vessels.

ABOUT COLFAX CORPORATION - Colfax Corporation is a global leader in critical
fluid-handling products and technologies. Through its global operating
subsidiaries, Colfax manufactures positive displacement industrial pumps and
valves used in oil & gas, power generation, commercial marine, defense and
general industrial markets. Colfax's operating subsidiaries supply products
under the well-known brands Allweiler, Fairmount Automation, Houttuin, Imo,
LSC, Portland Valve, Tushaco, Warren and Zenith. Colfax is traded on the NYSE
under the ticker "CFX." Additional information about Colfax is available at
www.colfaxcorp.com.

ABOUT COLFAX DEFENSE SOLUTIONS - Colfax Defense Solutions serves militaries
around the world with fluid-handling solutions that deliver precision
performance for demanding conditions. Colfax Defense Centres of Excellence -
located in Mumbai, India; Tours, France; and Warren, Massachusetts, USA - have
specialized staff, engineering support, advanced software, fabrication
facilities and testing equipment tailored to meet the specific needs of the
defense industry.

CAUTIONARY NOTE CONCERNING FORWARD LOOKING STATEMENTS:
This press release may contain forward-looking statements, including
forward-looking statements within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995. Such forward-looking statements include, but
are not limited to, statements concerning Colfax's plans, objectives,
expectations and intentions and other statements that are not historical or
current facts. Forward-looking statements are based on Colfax's current
expectations and involve risks and uncertainties that could cause actual
results to differ materially from those expressed or implied in such
forward-looking statements. Factors that could cause Colfax's results to
differ materially from current expectations include, but are not limited to
factors detailed in Colfax's reports filed with the U.S. Securities and
Exchange Commission as well as its Annual Report on Form 10-K under the
caption "Risk Factors". In addition, these statements are based on a number of
assumptions that are subject to change. This press release speaks only as of
this date. Colfax disclaims any duty to update the information herein.

The term "Colfax" in reference to the activities described in this press
release may mean one or more of Colfax's global operating subsidiaries and/or
their internal business divisions and does not necessarily indicate activities
engaged in by Colfax Corporation.

SOURCE Colfax Corporation

Joe Niemann of Colfax Corporation, +1-804-327-5679,
Joe.Niemann@colfaxcorp.com