ITT Industries, Inc. announced today that Kristen M. Schussler, a senior at the Waterloo High School in Waterloo has been awarded an ITT Industries scholarship to study music at Ithaca College Ithaca, NY.

Kristen is valedictorian of Waterloo High Scholl’s Class of 2004. She has been active in Varsity Chorus, Concert and Jazz bands and is currently the drum major of Waterloo’s Marching Band. She is a member of the National Honor Society.

Ms. Kristen Schussler is one of 18 sons and daughters of ITT Industries employees selected to receive the company scholarship this year. Kristen is the daughter of Ray and Ruth Schussler. Ray is an employee of ITT Industries’ Industrial Products Group in Seneca Falls, NY. Winners, selected on the basis of outstanding academic achievement and personal accomplishments, were chosen from a group of applicants from the families of approximately 17,500 U.S.–based ITT Industries employees.

“We are proud to recognize these outstanding students, and to assist them in pursuing a higher education,” said Lou Giuliano, Chairman, President and Chief Executive Officer of ITT Industries. “We take a special interest in these children of our employees, and expect they will follow in the footsteps of many other ITT scholarship winners who have gone on to promising careers in many fields.”

In the 23 years since this program was formed, 1,412 scholarships have been awarded. The program is administered by an independent organization called Scholarship and Recognition Programs, a division of the Educational Testing Service in Princeton, NJ. Winners were selected on their demonstrated academic achievement and promise, community service and leadership. Children of ITT Industries’ Board of Directors and senior officers are not eligible for scholarships offered under this program.

About ITT Industries ITT Industries, Inc. (www.itt.com) supplies advanced technology products and services in key markets including: fluid and water management including water treatment; defense communication, opto-electronics, information technology and services; electronic interconnects and switches; and other specialty products. Headquartered in White Plains, NY, the company generated $5.63 billion in 2003 sales.

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