DXP Enterprises, Inc. is No. 5 on the Fortune's 100 Fastest Growing Companies of 2008

Business Wire, Sept 24, 2008

HOUSTON -- DXP Enterprises, Inc. (NASDAQ:DXPE) announced today that Fortune Magazine released the "Fortune's 100 Fastest-Growing Companies" in its September 29, 2008 issue. Thanks to solid revenue growth, an outstanding market return and earnings per share, DXP Enterprises, Inc. landed in the No. 5 spot on this year's list.

John Jeffery, Senior VP of Sales & Marketing said, "Our three prong growth strategy - organic growth, operational efficiencies and acquisitions - has helped us gain market share and created value for our share holders. I would like to give a special thanks to our shareholders, suppliers, and DXPeople for their support and contribution to this success and our future successes." He added, "Our corporate strategy is simply to be the best solution for the industrial customer."

The company, listed on NASDAQ, recently announced a 2 for 1 stock split effective at the close of trading September 30th, 2008.

DXP Enterprises, Inc. is a leading products and service distributor focused on adding value and total cost savings solutions to MRO and OEM customers in virtually every industry since 1908. DXP provides innovative pumping solutions, integrated supply and MROP (maintenance, repair, operating and production) services that emphasize and utilize DXP's vast product knowledge and technical expertise in pumps, bearings, power transmission, seals, hose, safety, fluid power, electrical and industrial supplies. DXP's breadth of MROP products and service solutions allows DXP to be flexible and customer driven, creating competitive advantages for our customers.

DXP's innovative pumping solutions provide engineering, fabrication and technical design to meet the capital equipment needs of its global customer base. DXP provides solutions by utilizing manufacturer authorized equipment and certified personnel. Pump packages require MRO and OEM equipment such as pumps, motors and valves, and consumable products. DXP leverages its MROP inventories and technical knowledge to lower the total cost and maintain the quality of the pump package.

SmartSource, a DXP integrated supply program, allows a more efficient way to manage the customer's supply chain needs for MROP products. The program allows the customer to transfer all or part of its supply chain needs to DXP, so the customer can focus on its core business. SmartSource effectively lowers costs by outsourcing purchasing, accounting, and on-site supply management to DXP, which reduces the duplication of effort by the customer and supplier. DXP's broad range of first-tier products provides an efficient measurable solution to reduce cost and streamline procurement and sourcing operations.

The Private Securities Litigation Reform Act of 1995 provides a "safe-harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made by or to be made by the Company) contains statements that are forward-looking. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future; and accordingly, such results may differ from those expressed in any forward-looking statement made by or on behalf of the Company. These risks and uncertainties include, but are not limited to; ability to obtain needed capital, dependence on existing management, leverage and debt service, domestic or global economic conditions, and changes in customer preferences and attitudes. For more information, review the Company's filings with the Securities and Exchange Commission.