EXHIBIT 99.1

                IDEX CORPORATION ACQUIRES ISOLATION TECHNOLOGIES
     IN A STRATEGIC EXPANSION OF ITS HEALTH AND SCIENCE TECHNOLOGIES SEGMENT

NORTHBROOK, IL, OCTOBER 18, 2007 -- IDEX CORPORATION (NYSE: IEX) today announced
the acquisition of Isolation Technologies, a leading developer of advanced
column hardware and accessories for the High Performance Liquid Chromatography
(HPLC) market. HPLC instruments are used in a variety of analytical chemistry
applications, with primary commercial applications including drug discovery and
quality control measurements for pharmaceutical and food/beverage testing.

Headquartered in Hopedale, MA, Isolation Technologies has annual revenues of
approximately $11 million. Isolation Technologies will be operated as part of
the company's Sapphire Engineering business within IDEX's Health and Science
Technologies segment. The cash consideration was just under $30 million and is
expected to be accretive to IDEX's earnings in 2008.

Commenting on the acquisition, IDEX Chairman and Chief Executive Officer Larry
Kingsley said, "Isolation Technologies fits IDEX's growth strategy exceptionally
well and is an excellent addition to our Health and Science Technologies
segment. The expansion of our Sapphire Engineering business will broaden our
product offering, enhancing our ability to meet our customers' needs in the
growing, global market for analytical, biotechnology and diagnostic
instrumentation solutions."

Rick Hersom, cofounder and president of Isolation Technologies stated "IDEX
Health and Science's world-wide sales force will allow new customer access and
growth." Cofounder and vice president Michael Rigoli added "Isolation
Technologies' column hardware platforms are a perfect complement to IDEX's broad
HPLC product portfolio."

ABOUT IDEX

IDEX Corporation is an applied solutions company specializing in fluid and
metering technologies, health and science technologies, dispensing equipment,
and fire, safety and other diversified products built to its customers' exacting
specifications. Its products are sold in niche markets to a wide range of
industries throughout the world. IDEX shares are traded on the New York Stock
Exchange and Chicago Stock Exchange under the symbol "IEX".