Tracy Simpson Appointed Vice President, Strategic Sourcing & Supplier Development for Crane Aerospace & Electronics

LYNNWOOD, Wash. – August 21, 2009 – Crane Aerospace & Electronics, a segment of Crane Co. (NYSE:CR), has announced the appointment of Tracy Simpson as Vice President, Strategic Sourcing & Supplier Development. In this role, Simpson will be responsible for leading the Aerospace Group efforts to drive improvements and develop strategy for the supply chain.

Simpson has been with Crane Aerospace & Electronics for over 20 years, primarily in Operations related roles. Most recently he served as Vice President and General Manager of the Lynnwood, Washington site. Prior to Crane, Simpson worked for Fairchild Controls Company and before that for EATON Consolidated Controls as a Manufacturing Engineer. Simpson earned a bachelor’s degree in History/Language from University of Washington, a bachelor’s degree in Industrial Technology from California State University and has also completed the University of Washington Management Program.

Crane Aerospace & Electronics is a major supplier of systems and components for critical aerospace and defense applications. Product and service offerings are organized in solution sets, and include Landing System Solutions, Sensing and Utility Solutions, Fluid Management Solutions, Power Solutions, Microwave Systems Solutions, Electronic Manufacturing Solutions, Microelectronics Solutions and Cabin Solutions. Products are manufactured under the brand names ELDEC, General Technology, Hydro-Aire, Interpoint, Keltec, Lear Romec, Olektron, P.L. Porter, and Signal Technology. For more information on Crane Aerospace & Electronics, visit www.craneae.com.

Crane Aerospace & Electronics is a segment of Crane Co., a diversified manufacturer of highly engineered industrial products. Crane Co. is traded on the New York Stock Exchange (NYSE: CR). For more information on Crane Co. visit www.craneco.com.