Milestone highlights reliability and assurance of natural gas emissions detection technology

White Plains, N.Y., May 30, 2007 —ITT Corporation (NYSE: ITT) today announced that the company’s Space Systems Division has conducted the one billionth (10^9) laser pulse in support of the Airborne Natural Gas Emission LIDAR (ANGEL) Service.

ITT’s ANGEL Service uses advanced laser technology aboard a high-speed, fixed-wing aircraft to detect and quantify natural gas pipeline leaks and facility emissions with guaranteed accuracy and results. The service allows customers to operate with greater confidence - and accomplishes this 100 times faster and with 30 times more right-of-way survey coverage than traditional, ground-based inspection methods.

“The generation of the one billionth ANGEL Service laser pulse, culminating in more than 2.6 trillion cubic feet of atmospheric gas sampling, demonstrates an unprecedented level of system durability and operational experience,” said Daniel Brake, director of the ANGEL Service at ITT Space Systems Division.  “Companies across the pipeline and natural gas industry now have an innovative and proven alternative for leak detection applications.”

The ANGEL Service enables its clients to confidently verify pipeline, facility, and corridor conditions; improve operational efficiencies; lower operating costs; and help ensure public and environmental safety. Deliverables of the service include: comprehensive leak survey reports and GIS datasets, orthomosaic mapping imagery, and GPS-encoded digital video.

An onboard Differential Absorption LIDAR (DIAL) sensor generates 3,000 laser pulses per second.  A 1,000-mile pipeline would be surveyed by approximately 100 million pulses.  ITT expects to generate its ten billionth DIAL leak survey pulse before the end of 2007.

About ITT’s Space Systems Division
ITT’s Space Systems Division provides innovative solutions to customers in the Department of Defense, intelligence, space science and commercial aerospace to help them visualize and understand critical events happening on Earth, in the air, or in space in time to take effective action. Leveraging comprehensive capabilities within the electromagnetic spectrum, Space Systems’ solutions span from image and data collection through processing and dissemination.  Key applications include intelligence, surveillance and reconnaissance; high-resolution commercial imaging; space science; meteorology and Earth sciences; GPS navigation; and image and data processing and dissemination.  For more information on the ANGEL Service and Space Systems Division visit http://www.ssd.itt.com/angel/.

About ITT Corporation
ITT Corporation (www.itt.com) supplies advanced technology products and services in several growth markets. ITT is a global leader in the transport, treatment and control of water, wastewater and other fluids. The company plays a vital role in international security through its defense communications and electronics products; space surveillance and intelligence systems; and advanced engineering and related services. It also serves the growing leisure marine and electrical connectors markets with a wide range of products. Headquartered in White Plains, N.Y., the company generated $7.8 billion in 2006 sales. In addition to the New York Stock Exchange, ITT Corporation stock is traded on the Euronext and Frankfurt exchanges.