PLYMOUTH MEETING, Pa.--July 7, 2003--Teleflex Incorporated (NYSE:TFX), a global supplier of engineered products,
today announced the acquisition of Koltec-Necam, B.V. The terms of the
deal were not disclosed. Koltec-Necam is a leading supplier of propane
and natural gas fuel systems and components to automobile
manufacturers and aftermarket conversion centers. Based in Breda, The Netherlands, Koltec-Necam has annual sales of approximately $25 million (US). The acquisition is expected to be accretive to
Teleflex's earnings in the first year.

           TeleflexGFI Control Systems, a division of Teleflex Incorporated, is a leading manufacturer of fuel systems and components for OEM-built
natural gas and propane vehicles. The company also supplies a variety
of fuel control components for hydrogen powered fuel cell electric
vehicle programs. Already a well known supplier in North America, last
year TeleflexGFI added to its European operations with the
acquisition of a component supplier with operations in The Netherlands
and Italy.
           "The acquisition of Koltec-Necam furthers our initiative to
position TeleflexGFI as a leader in the global market for alternative
fuel systems," said Jeffrey P. Black, president and chief executive
officer of Teleflex. "An established supplier to European OEM's,
Koltec-Necam expands TeleflexGFI's presence in the European market
and enables them to bring new technologies to their current
customers."
           Lloyd Austin, president of TeleflexGFI, said, "We are excited
about the possibilities created by bringing these two companies
together. TeleflexGFI is committed to providing our customers with
fully integrated components, systems and services. Koltec-Necam's
technology, products and engineering expertise complement our current
markets and product development direction, expanding our ability to
serve our worldwide customers."

           About TeleflexGFI Control Systems

           A division of Teleflex Incorporated, TeleflexGFI Control Systems
is a leading supplier of alternative fuel components and systems for
automotive and industrial markets. Headquartered in Kitchener,
Ontario, the company employs over 400 people and has operations in
Canada, France, Italy, The Netherlands and the United States.

           About Teleflex

           Teleflex Incorporated (NYSE: TFX) is a diversified Fortune 1000
company with annual revenues of over $2 billion. The company designs,
manufactures and distributes quality engineered products and services
for the automotive, marine, industrial, aerospace and medical markets
worldwide. Teleflex employs more than 18,000 people worldwide who
focus on providing innovative solutions for customers. For more information, see www.teleflex.com.