KONI and Enidine are starting a new chapter in our history as a result of the acquisition of International Motion Control (IMC), parent company of Enidine Incorporated, by the ITT Corporation on September 7th, 2007.

The merging of KONI and Enidine results in not only the widest range of energy absorption and vibration isolation products offered by any one supplier to the rail industry, we also provide the highest quality.

Together, KONI and Enidine will continue to expand our reach into the global railway market.  ITT’s global resources, green, six sigma, and lean manufacturing initiatives will allow KONI and Enidine to stay at the forefront of new technologies, research and development as well as improving production for our customers around the world.  ITT Corporation (www.itt.com) is a diversified high technology engineering and manufacturing company dedicated to creating more livable environments, enabling communications and providing protection and safety.  The company plays and important role in vital markets including water and fluids management, global defense and security and motion and flow control.  ITT employs approximately 40,000 people serving customers in more than 50 countries.  Headquartered in White Plains, NY, the company generated $9 Billion in 2007 sales.

The Company reports its financial results under three reporting segments: Defense Electronics & Services, Fluid Technology and Motion and Flow Control.  These three segments highlight the diversity and balance of the Company’s portfolio, and better reflect each of the businesses that will be going forward.  KONI and Enidine are part of the Motion & Flow Control segment, anchoring the Energy Absorption value center.  The Energy Absorption headquarters is located in the Enidine Orchard Park, NY facility.

The KONI facility in Oud Beijerland, NL and the Enidine facility in Orchard Park, NY house the main operational functions of Research and Development, Engineering, Manufacturing, Finance and Controlling, Quality Assurance and Sales & Marketing for the international markets of KONI branded products.  The KONI facility in Hebron, KY provides Sales & Marketing, Engineering support, Distribution, Remanufacturing and Prototype Manufacturing capabilities to the North American customers.

The unification of the KONI and Enidine rail market experienced professionals brings the market a stronger concentration of product specialization and know-how to provide the best possible solution to energy absorption and vibration isolation problems.