Ronningen-Petter Financial Services Formed to Offer Leasing Options for Liquid Filtration Equipment

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Ronningen-Petter Financial Services Formed to Offer Leasing Options for Liquid Filtration Equipment

PORTAGE, Mich.--(BUSINESS WIRE)--Dec. 16, 1999--Ronningen-Petter, Inc., a division of Dover Corporation (NYSE:DOV), has formed Ronningen-Petter Financial Services to offer lease options for its liquid filtration equipment. The company manufactures bag, cartridge, tubular backwashing, and mechanically cleaned-in-place filters for removal of solids from 1 micron and larger from a wide variety of process liquids and water.

According to Dave Krasiewich, Vice President of Sales and Marketing, "We expect this service to allow more customers to experience an immediate positive cash flow because savings generated from state-of-the-art filtration equipment offsets most or all of the lease costs." Mr. Krasiewich also states that the lease plan is easy to understand and provides lease-to-purchase options.

     For more information contact Ronningen-Petter, Inc. at
(616) 323-1313 or visit their website: www.ronningen-petter.com.


     CONTACT:  Ronningen-Petter
               Dave Krasiewich, 616/323-1313
                     or
               Alexander Marketing Services, Inc.
               Bill Delor, 616/957-2000