Dover (DOV) 8-K Executive Appointments to Support Growth Strategy

Exhibit 99.1

FOR IMMEDIATE RELEASE

CONTACT:	READ IT ON THE WEB
Paul Goldberg	www.dovercorporation.com
Vice President - Investor Relations
(212) 922-1640

DOVER REALIGNS BUSINESS SEGMENTS AND ANNOUNCES

EXECUTIVE APPOINTMENTS TO SUPPORT GROWTH STRATEGY

Four Segment Structure Organized by End-Market to

Enhance Focus, Drive Growth and Leverage Scale

Downers Grove, IL, November 30, 2011 – Dover Corporation (NYSE: DOV) today announced that the company has realigned into four business segments organized around its key end-markets. Supporting this realignment, the company also announced, effective immediately, the promotions of Jeffrey Niew and John Hartner. The realignment will allow the segments to better focus on end-market growth strategies and capital deployment, while continuing to leverage their scale to capture operational efficiencies. The new structure will also facilitate clearer measurement and benchmarking against other companies in similar end-markets.

The four segments are as follows:

Communication Technologies. With leading positions in the handset and hearing aid component markets, Communication Technologies will benefit from the continuing growth in personal communications. With forecasted 2011 full-year revenue of approximately $1.3 billion, the segment is focused on expanding its leadership position in the wireless communication and medical device markets. Jeffrey Niew, formerly an Executive Vice President in Electronic Technologies, has been appointed President and CEO of Communication Technologies.

Energy. Energy is focused on strong global trends in oil & gas drilling, production and downstream activities, including a significant position in artificial lift technologies. The Energy segment has forecasted 2011 full-year revenue of approximately $1.9 billion. Bill Spurgeon will serve as President and CEO of the Energy segment.

Engineered Systems. Comprised of two platforms, Fluid Solutions and Refrigeration & Industrial, Engineered Systems has forecasted 2011 full-year revenue of approximately $3.3 billion. Fluid Solutions will be focused on the global pump and fluid handling markets, while Refrigeration & Industrial will look to enhance Dover’s strong positions in refrigeration systems and other industrial equipment. Tom Giacomini will serve as President and CEO of Engineered Systems.

Printing & Identification. Focused on expanding its printing deposition technology beyond core fast-moving consumer goods and electronics markets, Printing & Identification will benefit from growing consumerism in developing economies. The segment has forecasted 2011 full-year revenue of approximately $1.6 billion. John Hartner, formerly Executive Vice President of Engineered Systems, has been appointed President and CEO of Printing & Identification.

Commenting on this announcement, Robert A. Livingston, Dover’s President and Chief Executive Officer, said, “Our new segment structure sharpens our focus around end-markets, positions us to execute segment strategies, and strengthens our ability to gain efficiencies and leverage across Dover.”

Mr. Livingston continued, “I am also pleased to announce the appointments of Jeff Niew and John Hartner as President of their respective segments. Jeff and John have distinguished themselves at Dover for their ability to implement competitive strategies on a global scale. During their tenure, they have played important roles in launching new products with innovative technology, while managing costs and focusing on customer service. Jeff’s and John’s promotions are coincident with the upcoming retirement of Dave Van Loan and the new responsibilities of Ray Hoglund. On behalf of everyone at Dover, I want to thank Dave and Ray for their many years of leadership and service as Segment Presidents.”

The realignment will be reflected in Dover’s full-year 2011 financial results. Going forward, Dover will provide customary segment data, including revenue and bookings data, as well as market commentary, on the new segment basis.

The company will discuss this announcement further during its previously announced annual Investor Meeting on Monday, December 5, 2011 in New York. The meeting will begin at 1:00 pm ET and will be available to all interested parties via webcast. The speakers' presentations can be accessed on the Investor Relations section of the Company's website at http://www.dovercorporation.com. The presentations will also be archived on the website and will be available starting on December 6, 2011 at 12:00 pm ET.

About Jeffrey Niew

Mr. Niew, 45, joined Dover as part of the Knowles acquisition in 2005. At Dover, he has been instrumental in overseeing Knowles’ significant growth through the mass commercialization of MEMS microphones. Mr. Niew also led Dover’s acquisition of Sound Solutions, the largest acquisition in the company’s history, which was completed on July 5, 2011. Mr. Niew has been an integral part of the Knowles organization since 2000. He previously held leadership roles at Hewlett Packard.

About John Hartner

Mr. Hartner, 48, joined Dover in 2000. Prior to serving as the Executive Vice President of Engineered Systems, Mr. Hartner held the position of Executive Vice President at Electronic Technologies. Before that, he served as the President of DEK International. John was instrumental in broadening the business scope of Electronic Technologies including DEK’s emergence in the solar energy business. Before joining Dover, he held leadership roles at Rockwell Automation and FMC Technologies.

Details of New Segment Structure

Summarized below is information on the realignment of Dover’s business units within its new segment structure:

Dover Engineered Systems	Dover Communication Technologies
(“DES”)	(“DCT”)
Fluid Solutions	Ceramic & Microwave Products
HydroSystems	Colder
Pump Solutions Group	Knowles
SWEP	Sargent
	Vectron
Refrigeration & Industrial
Belvac	Dover Energy
De-Sta-Co	(“DE”)
Environmental Solutions Group
Heil Trailer International	Cook Compression
Hill Phoenix	Norris Production Solutions
PDQ	OPW Fluid Transfer
Performance Motorsports	OPW Fueling Components
Texas Hydraulics	Quartzdyne
Tipper Tie	Tulsa Winch Group
Unified Brands	US Synthetic
Vehicle Service Group	Waukesha Bearings
Warn
	Dover Printing & Identification
	(“DPI”)
	Datamax O’Neil
	DEK
	Everett Charles Technologies
	Markem Imaje
	OK International

About Dover:

Dover Corporation is a multi-billion dollar diversified global manufacturer. For over 50 years, Dover has been providing its customers with outstanding products and services in industrial technology that reflect the company’s commitment to operational excellence, innovation and market leadership. The company focuses on innovative equipment and components, specialty systems and support services through its four major operating segments: Communication Technologies, Energy, Engineered Systems and Printing & Identification. Dover employs over 34,000 people worldwide. The company is headquartered in Downers Grove, Illinois. Additional information is available at www.dovercorporation.com.

Non-GAAP Information:

The following Investor Supplement tables contain historical financial information presented under Dover’s new segment structure, as discussed within this release. These segment level disclosures are considered “Non-GAAP” financial information until such time that the new segment reporting structure is included within a periodic filing with the Securities and Exchange Commission. Management believes this non-GAAP financial information is useful to investors to better understand historical trends under the revised segment structure, which the company will be reporting under in its Form 10-K for the year ending December 31, 2011.

Dover Corporation makes information available to the public, orally and in writing, which may use "forward-looking statements" under the Private Securities Litigation Reform Act of 1995 that concern future events and the performance of Dover Corporation. Dover Corporation refers you to the documents that it files from time to time with the Securities and Exchange Commission, such as its reports on Form 10-K, Form 10-Q and Form 8-K, for a discussion of risks and uncertainties that could cause its actual results to differ materially from its current expectations and from the forward-looking statements contained in this press release. Dover Corporation undertakes no obligation to update any forward-looking statement.

INVESTOR SUPPLEMENT

DOVER CORPORATION

Revenue, Earnings & Other Data by Segment

(unaudited, non-GAAP) (in thousands)

	For the Years Ended December 31,
	2010			2009			2008
REVENUE
Communication Technologies	$	1,076,012		$	916,031		$	1,025,037
Energy		1,303,506			998,272			1,441,859
Engineered Systems		2,966,684			2,498,203			3,120,483
Printing & Identification		1,476,830			1,133,499			1,560,683
Intra-segment eliminations		(8,569	)		(5,943	)		(11,206	)
Total consolidated revenue	$	6,814,463		$	5,540,062		$	7,136,856
EARNINGS FROM CONTINUING OPERATIONS
Segment Earnings:
Communication Technologies	$	205,215		$	142,541		$	152,369
Energy		316,113			211,962			339,724
Engineered Systems		398,262			302,908			438,063
Printing & Identification		237,368			78,026			214,810
Total segments		1,156,958			735,437			1,144,966
Corporate expense / other (1)		135,714			117,995			115,195
Net interest expense		106,341			100,379			96,045
Earnings from continuing operations before provision for income taxes and discontinued operations (2)		914,903			517,063			933,726
Provision for taxes		213,696			129,668			249,011
Earnings from continuing operations - total consolidated	$	701,207		$	387,395		$	684,715
OPERATING MARGINS
Segments:
Communication Technologies		19.1	%		15.6	%		14.9	%
Energy		24.3	%		21.2	%		23.6	%
Engineered Systems		13.4	%		12.1	%		14.0	%
Printing & Identification		16.1	%		6.9	%		13.8	%
Total segments		17.0	%		13.3	%		16.0	%
Earnings from continuing operations		13.4	%		9.3	%		13.1	%
DEPRECIATION and AMORTIZATION (Continuing)
Communication Technologies	$	72,262		$	69,393		$	67,882
Energy		48,842			40,350			35,900
Engineered Systems		74,804			71,125			72,151
Printing & Identification		46,302			51,533			60,496
Corporate		2,037			1,097			1,027
Consolidated total	$	244,247		$	233,498		$	237,456
CAPITAL EXPENDITURES (Continuing)
Communication Technologies	$	41,222		$	25,339		$	38,797
Energy		48,916			31,662			59,673
Engineered Systems		59,600			38,990			51,210
Printing & Identification		15,623			16,989			19,658
Corporate		11,607			1,370			207
Consolidated total	$	176,968		$	114,350		$	169,545
		2010			2009			2008
TOTAL ASSETS AT DECEMBER 31
Communication Technologies	$	1,542,316		$	1,530,079		$	1,592,590
Energy		1,011,368			831,597			796,307
Engineered Systems		2,212,310			2,129,116			2,137,604
Printing & Identification		1,841,400			1,770,365			1,824,056
Corporate (principally cash and equivalents and marketable securities)		1,448,211			1,053,496			962,439
Total continuing assets		8,055,605			7,314,653			7,312,996
Assets from discontinued operations		507,289			567,750			570,242
Consolidated total	$	8,562,894		$	7,882,403		$	7,883,238

(1) Certain expenses are maintained at the corporate level and not allocated to the segments. These expenses include non-service pension costs, non-operating insurance expenses, and various administrative expenses relating to the corporate headquarters.

(2) Reflects impact of the discontinuance of Paladin Brands and Crenlo LLC which were sold in the third quarter of 2011.

DOVER CORPORATION

Quarterly Segment Information

(unaudited, non-GAAP) (in thousands)

	2011												2010
		Q1			Q2			Q3		Q3 YTD				Q1			Q2			Q3			Q4		FY 2010
REVENUE
Communication Technologies	$	269,582		$	288,843		$	405,357		$	963,782		$	246,531		$	269,107		$	280,031		$	280,343		$	1,076,012
Energy		425,424			454,327			510,608			1,390,359			296,792			319,305			326,149			361,261			1,303,507
Engineered Systems
Fluids		163,196			178,031			173,804			515,031			134,542			139,218			150,302			143,852			567,914
Refrigeration & Industrial		615,378			706,454			716,800			2,038,632			524,060			623,289			666,773			586,094			2,400,216
Eliminations		(403	)		(444	)		(593	)		(1,440	)		(287	)		(387	)		(384	)		(388	)		(1,446	)
		778,171			884,041			890,011			2,552,223			658,315			762,120			816,691			729,558			2,966,684
Printing & Identification		394,627			429,497			400,515			1,224,639			316,472			356,732			381,636			421,990			1,476,830
Intra-segment eliminations		(2,762	)		(2,851	)		(3,103	)		(8,716	)		(1,613	)		(2,169	)		(2,349	)		(2,439	)		(8,570	)
Total consolidated revenue	$	1,865,042		$	2,053,857		$	2,203,388		$	6,122,287		$	1,516,497		$	1,705,095		$	1,802,158		$	1,790,713		$	6,814,463
NET EARNINGS
Segment Earnings:
Communication Technologies	$	47,325		$	54,527		$	53,433		$	155,285		$	46,125		$	52,593		$	55,852		$	50,645		$	205,215
Energy		93,051			110,447			125,268			328,766			68,277			81,552			78,959			87,325			316,113
Engineered Systems		103,190			134,668			133,387			371,245			82,918			110,068			120,352			84,924			398,262
Printing & Identification		54,637			67,967			59,447			182,051			42,043			54,759			62,471			78,095			237,368
Total segments		298,203			367,609			371,535			1,037,347			239,363			298,972			317,634			300,989			1,156,958
Corporate expense / other		36,100			35,378			34,086			105,564			33,325			32,443			34,553			35,393			135,714
Net interest expense		28,286			28,134			30,048			86,468			27,169			26,942			26,335			25,895			106,341
Earnings from continuing operations before provision for income taxes		233,817			304,097			307,401			845,315			178,869			239,587			256,746			239,701			914,903
Provision for income taxes		55,707			60,788			78,824			195,319			55,310			70,042			37,437			50,907			213,696
Earnings from continuing operations		178,110			243,309			228,577			649,996			123,559			169,545			219,309			188,794			701,207
Earnings (loss) from discontinued operations, net		16,795			6,460			(56,297	)		(33,042	)		(15,432	)		325			4,450			9,554			(1,103	)
Net earnings	$	194,905		$	249,769		$	172,280		$	616,954		$	108,127		$	169,870		$	223,759		$	198,348		$	700,104
SEGMENT OPERATING MARGIN
Communication Technologies		17.6	%		18.9	%		13.2	%		16.1	%		18.7	%		19.5	%		19.9	%		18.1	%		19.1	%
Energy		21.9	%		24.3	%		24.5	%		23.6	%		23.0	%		25.5	%		24.2	%		24.2	%		24.3	%
Engineered Systems		13.3	%		15.2	%		15.0	%		14.5	%		12.6	%		14.4	%		14.7	%		11.6	%		13.4	%
Printing & Identification		13.8	%		15.8	%		14.8	%		14.9	%		13.3	%		15.4	%		16.4	%		18.5	%		16.1	%
Total segments		16.0	%		17.9	%		16.9	%		16.9	%		15.8	%		17.5	%		17.6	%		16.8	%		17.0	%
DEPRECIATION AND AMORTIZATION EXPENSE (Continuing)
Communication Technologies	$	18,685		$	18,533		$	34,360		$	71,578		$	17,345		$	17,494		$	18,081		$	19,342		$	72,262
Energy		18,573			18,765			19,399			56,737			11,511			12,349			11,942			13,040			48,842
Engineered Systems		18,989			19,412			18,883			57,284			18,754			18,342			19,000			18,708			74,804
Printing & Identification		11,372			11,685			11,548			34,605			11,857			11,556			11,322			11,567			46,302
Corporate		586			626			636			1,848			369			336			658			674			2,037
Consolidated total	$	68,205		$	69,021		$	84,826		$	222,052		$	59,836		$	60,077		$	61,003		$	63,331		$	244,247

DOVER CORPORATION

Quarterly Segment Information

(unaudited, non-GAAP) (in thousands)

	2011												2010
		Q1			Q2			Q3		Q3 YTD				Q1			Q2			Q3			Q4		FY 2010
BOOKINGS
Communication Technologies	$	274,611		$	309,734		$	410,616		$	994,961		$	257,767		$	304,026		$	278,686		$	287,786		$	1,128,265
Energy		495,125			472,543			498,212			1,465,880			300,441			326,217			326,080			366,277			1,319,015
Engineered Systems
Fluids		173,626			175,539			174,772			523,937			136,459			147,215			145,823			144,389			573,886
Refrigeration & Industrial		765,836			757,547			657,030			2,180,413			630,690			654,448			581,020			637,156			2,503,314
Eliminations		(727	)		(856	)		146			(1,437	)		(484	)		(614	)		(622	)		(615	)		(2,335	)
		938,735			932,230			831,948			2,702,913			766,665			801,049			726,221			780,930			3,074,865
Printing & Identification		438,526			386,259			384,085			1,208,870			370,598			404,088			399,788			398,570			1,573,044
Intra-segment eliminations		(2,736	)		(3,370	)		(2,453	)		(8,559	)		(1,641	)		(2,317	)		(2,395	)		(2,687	)		(9,040	)
Total consolidated bookings	$	2,144,261		$	2,097,396		$	2,122,408		$	6,364,065		$	1,693,830		$	1,833,063		$	1,728,380		$	1,830,876		$	7,086,149
BACKLOG
Communication Technologies	$	410,843		$	431,558		$	483,512					$	347,980		$	381,828		$	396,581		$	404,374
Energy		240,198			255,889			243,401						123,456			128,058			136,374			152,183
Engineered Systems
Fluids		57,357			54,945			55,230						42,882			50,346			46,556			47,123
Refrigeration & Industrial		684,707			735,582			670,034						535,864			565,294			483,488			535,443
Eliminations		(333	)		(504	)		(94	)					(190	)		(314	)		(262	)		(297	)
		741,731			790,023			725,170						578,556			615,326			529,782			582,269
Printing & Identification		262,629			220,619			197,792						166,439			209,178			235,360			213,589
Intra-segment eliminations		(705	)		(1,177	)		(891	)					(361	)		(570	)		(482	)		(728	)
Total consolidated backlog	$	1,654,696		$	1,696,912		$	1,648,984					$	1,216,070		$	1,333,820		$	1,297,615		$	1,351,687

DOVER CORPORATION

Quarterly Earnings per Share

(unaudited) (in thousands, except per share figures)

	2011										2010
		Q1		Q2		Q3		Q3 YTD				Q1			Q2		Q3		Q4	FY 2010
Basic earnings (loss) per common share:
Continuing operations	$	0.95	$	1.31	$	1.23		$	3.49		$	0.66		$	0.91	$	1.17	$	1.01	$	3.75
Discontinued operations		0.09		0.03		(0.30	)		(0.18	)		(0.08	)		-		0.02		0.05		(0.01	)
Net earnings		1.04		1.34		0.93			3.31			0.58			0.91		1.20		1.06		3.75
Diluted earnings (loss) per common share:
Continuing operations	$	0.94	$	1.28	$	1.21		$	3.43		$	0.66		$	0.90	$	1.16	$	0.99	$	3.71
Discontinued operations		0.09		0.03		(0.30	)		(0.17	)		(0.08	)		-		0.02		0.05		(0.01	)
Net earnings		1.03		1.32		0.91			3.26			0.58			0.90		1.19		1.04		3.70
Adjusted diluted earnings per common share (calculated below):
Continuing operations	$	0.90	$	1.16	$	1.20		$	3.26		$	0.66		$	0.90	$	0.96	$	0.92	$	3.44
Net earnings (loss) and average shares used in calculated earnings (loss) per share amounts are as follows:
Net earnings (loss):
Continuing operations	$	178,110	$	243,309	$	228,577		$	649,996		$	123,559		$	169,545	$	219,309	$	188,794	$	701,207
Discontinued operations		16,795		6,460		(56,297	)		(33,042	)		(15,432	)		325		4,450		9,554		(1,103	)
Net earnings		194,905		249,769		172,280			616,954			108,127			169,870		223,759		198,348		700,104
Average shares outstanding:
Basic		186,659		186,443		185,770			186,246			187,093			186,823		186,721		186,923		186,897
Diluted		190,090		189,705		188,436			189,420			187,886			188,720		188,565		189,863		189,170
NOTE:
Earnings from continuing operations are adjusted by discrete and other tax items to derive adjusted earnings from continuing operations and adjusted diluted earnings per common share as follows:
	2011										2010
		Q1		Q2		Q3		Q3 YTD				Q1			Q2		Q3		Q4	FY 2010
Adjusted earnings from continuing operations:
Earnings from continuing operations	$	178,110	$	243,309	$	228,577		$	649,996		$	123,559		$	169,545	$	219,309	$	188,794	$	701,207
Gains from discrete and other tax items		8,016		22,338		2,390			32,744			-			-		36,956		13,296		50,252
Adjusted earnings from continuing operations	$	170,094	$	220,971	$	226,187		$	617,252		$	123,559		$	169,545	$	182,353	$	175,498	$	650,955
Adjusted diluted earnings per common share:
Earnings from continuing operations	$	0.94	$	1.28	$	1.21		$	3.43		$	0.66		$	0.90	$	1.16	$	0.99	$	3.71
Gains from discrete and other tax items		0.04		0.12		0.01			0.17			-			-		0.20		0.07		0.27
Adjusted earnings from continuing operations	$	0.90	$	1.16	$	1.20		$	3.26		$	0.66		$	0.90	$	0.96	$	0.92	$	3.44