Eaton Corporation CEO and CFO certify financial statements, Cutler reaffirms company's dedication to integrity and controls

 

CLEVELAND, OHIO…Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) today announced that chairman and chief executive officer Alexander M. Cutler and executive vice president--chief financial and planning officer Richard H. Fearon have certified – with no qualifications – the accuracy and completeness of the company's financial statements and other reports filed in 2002 as required by the Securities and Exchange Commission and the Sarbanes-Oxley Act. The process and conclusions for these certifications were reviewed with the Audit Committee of the Eaton Board of Directors in a special teleconference on August 6, 2002.

"Eaton's objective has always been, and continues to be, to provide full and clear disclosure on how our business is performing," said Cutler. "Our values are reflected in our governance and accounting practices, and are as strong as our business fundamentals. We care about how we get results. With our customers, employees, suppliers, communities and owners, Eaton has always put integrity and ethical relationships first, and we always will."

Eaton Corporation is a global $7.3 billion diversified industrial manufacturer that is a leader in fluid power systems; electrical power quality, distribution and control; automotive engine air management and fuel economy; and intelligent truck systems for fuel economy and safety. Eaton has 48,000 employees and sells products in more than 50 countries.

 

 

Contact Information

William Hartman, vice president, Investor Relations
(216)523-4501
williamhartman@eaton.com

 

Dawn Hanson, director, External and Marketing Communications
(216)523-4569
dawnhanson@eaton.com