DALLAS, TEXAS (June 1, 2006) - Dresser, Inc. announced today that it had received the requisite consents to amend the indenture governing its 9 3/8% Senior Subordinated Notes Due 2011 effective May 31, 2006. Among the provisions to be amended, the deadlines for reporting the company's 2005 annual and 2006 quarterly financial statements have been extended to Dec. 31, 2006, and March 31, 2007, respectively.  Various payments and interest rate increases are associated with these deadlines and other aspects of the amendment.  Additional details regarding the amendment and waiver are contained in the company's Consent Solicitation Statement dated May 9, 2006, as amended on May 26, 2006.

The consent solicitation closed at 5 p. m. New York City time on May 31, 2006.  The supplemental indenture giving effect to the amendment and waiver has been executed, and consents may no longer be revoked. 

            About Dresser, Inc.

Dresser, Inc. is a worldwide leader in the design, manufacture and marketing of highly engineered equipment and services sold primarily to customers in the flow control, measurement systems, and compression and power systems segments of the energy industry.  Headquartered in Dallas, Texas, Dresser has a comprehensive global presence, with approximately 6,500 employees and a sales presence in more than 100 countries worldwide. The company's website can be accessed at www.dresser.com.