Exhibit 99.1

Contact Information: Investor Relations 941-556-2601 investor-relations@roperind.com Roper Industries, Inc.

Roper Industries Announces 2010 Second Quarter Results

Orders Increase 27% to Record $619 Million

Net Earnings Increase 20% to $71 Million

 Full Year Cash Flow and DEPS Guidance Increased

Sarasota, Florida, July 26, 2010 ... Roper Industries, Inc. (NYSE: ROP) reported financial results for its second quarter ended June 30, 2010.

Net earnings for the second quarter were $71 million, a 20% increase over the second quarter of 2009, and diluted earnings per share (DEPS) were $0.74 compared to $0.64 in the prior year second quarter.  Results for the quarter include a $1.9M pre-tax loss due to foreign exchange remeasurement.  Sales increased 12% to $567 million and orders increased 27% to a record $619 million, representing a 1.09 book-to-bill ratio.  Operating Cash Flow was $110 million, bringing year-to-date operating cash flow to a record $205 million.

Second quarter gross margin expanded to 53.2% and operating margin was 21.0%, an increase of 200 basis points over the prior year.  During the quarter, EBITDA grew to $145 million, or 25.7% of sales.  Free cash flow represented 18% of sales and 144% of net earnings.

“We are encouraged by the outstanding order growth in our businesses, driven by an 82% increase in Scientific Imaging/Medical, a 32% increase in Energy Systems & Controls and a 31% increase in Industrial Technology,” said Brian Jellison, Roper’s Chairman, President and CEO.  “We were delighted to see organic sales growth return in the second quarter and, with record backlog, we now expect stronger organic sales growth in the second half.”

Today, Roper announced the acquisition of iTradeNetwork, Inc. in a $525 million all-cash transaction.  iTradeNetwork provides subscription-based hosted software solutions to the food industry that facilitate transactions between retail grocers, restaurant chain operators, foodservice distributors and their respective customers.  The Company’s SaaS (Software-as-a-Service) solutions serve over 6,200 customers transacting over $250 billion annually.  Roper expects iTradeNetwork to generate more than $55 million of EBITDA in 2011.

“iTradeNetwork is an excellent addition to our growing SaaS businesses, complementing the outstanding software services platforms we have built with our CBORD/Horizon and Freight Matching businesses,” said Mr. Jellison.  “We are excited about the prospects for the year given our record backlog, strong order momentum during the first half, and the strategic acquisition of iTradeNetwork,” continued Mr. Jellison.”

Third Quarter and Full Year Guidance

Roper is increasing its full year DEPS guidance to $3.05-$3.15 from $2.95-$3.10, and establishing third quarter DEPS guidance of $0.75-$0.80.  The Company is increasing its guidance for operating cash flow to $425-$450 million from $400-$425 million.  The Company’s guidance includes iTradeNetwork but excludes future acquisitions and the first quarter impact of acquisition-related inventory charges.

Table 1:

		Q2 Sales Growth	Q2 Orders Growth
Total Growth		12.3%	26.7%
	Organic Growth	5.1%	18.3%
	Acquisitions / Divestitures	7.2%	8.2%
	Foreign Currency	0.0%	0.2%

Table 2:  Free Cash Flow (millions)

	Q2 2010
Sales (A)	567.1
Net Earnings (B)	71.3
Operating Cash Flow	$110.3
Less: Capital Expenditures	(7.6)
Rounding	(0.1)
Free Cash Flow (C)	$102.6
Free Cash Flow as % of Net Earnings (C)/(B)	144%
Free Cash Flow as % of Q2 Revenue (C)/(A)	18%

Table 3:  EBITDA (millions)

	Q2 2010
Net Earnings	$71.3
Add: Interest Expense	16.3
Add: Income Taxes	30.0
Add: Depreciation and Amortization	27.9
EBITDA	$145.5

Conference Call to be Held at 8:30 AM (ET) Today

A conference call to discuss these results has been scheduled for 8:30 AM ET on Monday, July 26, 2010.  The call can be accessed via webcast or by dialing +1 888-282-4591 (US/Canada) or +1 719-457-2665, using confirmation code 2045224.  Webcast information and conference call materials will be made available in the Investors section of Roper’s website (www.roperind.com) prior to the start of the call.  Telephonic replays will be available for up to two weeks by calling +1 (719) 457-0820 and using the access code 2045224.

About Roper Industries

Roper Industries is a market-driven, diversified growth company and is a constituent of the S&P 500, Fortune 1000, and the Russell 1000 indices. Roper provides engineered products and solutions for global niche markets, including water, energy, radio frequency and research/medical applications.  Additional information about Roper Industries is available on the Company’s website at www.roperind.com.

The information provided in this press release contains forward looking statements within the meaning of the federal securities laws. These forward looking statements include, among others, statements regarding operating results, the success of our internal operating plans, and the prospects for newly acquired businesses to be integrated and contribute to future growth and profit expectations.  Forward looking statements may be indicated by words or phrases such as "anticipate," "estimate," "plans," "expects," "projects," "should," "will," "believes" or "intends" and similar words and phrases.  These statements reflect management's current beliefs and are not guarantees of future performance.  They involve risks and uncertainties that could cause actual results to differ materially from those contained in any forward looking statement. Such risks and uncertainties include our ability to integrate our acquisitions and realize expected synergies.  We also face other general risks, including our ability to realize cost savings from our operating initiatives, general economic conditions, unfavorable changes in foreign exchange rates, difficulties associated with exports, risks associated with our international operations, difficulties in making and integrating acquisitions, risks associated with newly acquired businesses, increased product liability and insurance costs, increased warranty exposure, future competition, changes in the supply of, or price for, parts and components, environmental compliance costs and liabilities, risks and cost associated with asbestos related litigation and potential write-offs of our substantial intangible assets, and risks associated with obtaining governmental approvals and maintaining regulatory compliance for new and existing products.  Important risks may be discussed in current and subsequent filings with the SEC.  You should not place undue reliance on any forward looking statements.  These statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.

# # #

Roper Industries, Inc. and Subsidiaries

Condensed Consolidated Balance Sheets (unaudited)

(Amounts in thousands)

	June 30,			December 31,
ASSETS	2010			2009
CURRENT ASSETS:
Cash and cash equivalents	$	290,740		$	167,708
Accounts receivable		347,681			381,658
Inventories		170,943			178,795
Deferred taxes		26,884			27,306
Unbilled receivable		80,327			57,153
Other current assets		68,893			58,125
Total current assets		985,468			870,745
PROPERTY, PLANT AND EQUIPMENT, NET		104,505			109,493
OTHER ASSETS:
Goodwill		2,365,297			2,388,432
Other intangible assets, net		833,594			868,900
Deferred taxes		29,848			33,123
Other assets		68,615			57,043
Total other assets		3,297,354			3,347,498
TOTAL ASSETS	$	4,387,327		$	4,327,736
LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable	$	120,313		$	110,103
Accrued liabilities		240,393			253,441
Income taxes payable		-			-
Deferred taxes		1,446			1,671
Current portion of long-term debt		112,028			112,796
Total current liabilities		474,180			478,011
NONCURRENT LIABILITIES:
Long-term debt		1,016,400			1,040,962
Deferred taxes		328,578			328,299
Other liabilities		60,692			58,974
Total liabilities		1,879,850			1,906,246
STOCKHOLDERS' EQUITY:
Common stock		963			958
Additional paid-in capital		1,003,289			982,321
Retained earnings		1,508,724			1,395,586
Accumulated other comprehensive earnings		15,677			63,945
Treasury stock		(21,176	)		(21,320	)
Total stockholders' equity		2,507,477			2,421,490
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$	4,387,327		$	4,327,736

Roper Industries, Inc. and Subsidiaries

Condensed Consolidated Statements of Earnings (unaudited)

(Amounts in thousands, except per share data)

	Three months ended					Six months ended
	June 30,					June 30,
	2010			2009		2010			2009
Net sales	$	567,104		$	504,910	$	1,101,545		$	1,010,354
Cost of sales		265,157			249,840		520,033			504,148
Gross profit		301,947			255,070		581,512			506,206
Selling, general and administrative expenses		182,760			159,106		361,609			323,450
Income from operations		119,187			95,964		219,903			182,756
Interest expense		16,293			13,762		32,474			27,271
Other income/(expense)		(1,657	)		3,168		(1,210	)		2,812
Earnings from continuing operations before
income taxes		101,237			85,370		186,219			158,297
Income taxes		29,956			25,782		55,213			47,150
Net Earnings	$	71,281		$	59,588	$	131,006		$	111,147
Earnings per share:
Basic	$	0.76		$	0.66	$	1.40		$	1.23
Diluted	$	0.74		$	0.64	$	1.36		$	1.20
Weighted average common and common
equivalent shares outstanding:
Basic		94,011			90,562		93,911			90,348
Diluted		96,449			92,712		96,235			92,508

Roper Industries, Inc. and Subsidiaries

Selected Segment Financial Data (unaudited)

(Amounts in thousands and percents of net sales)

	Three months ended June 30,										Six months ended June 30,
	2010					2009					2010					2009
	Amount		%			Amount		%			Amount		%			Amount		%
Net sales:
Industrial Technology	$	145,490				$	136,551				$	280,802				$	267,192
Energy Systems & Controls		119,387					105,398					225,065					212,009
Scientific & Industrial Imaging		128,514					75,860					258,758					159,980
RF Technology		173,713					187,101					336,920					371,173
Total	$	567,104				$	504,910				$	1,101,545				$	1,010,354
Gross profit:
Industrial Technology	$	73,930		50.8	%	$	65,732		48.1	%	$	141,442		50.4	%	$	128,441		48.1	%
Energy Systems & Controls		64,803		54.3	%		56,296		53.4	%		118,294		52.6	%		111,659		52.7	%
Scientific & Industrial Imaging		78,307		60.9	%		42,466		56.0	%		155,817		60.2	%		88,216		55.1	%
RF Technology		84,907		48.9	%		90,576		48.4	%		165,959		49.3	%		177,890		47.9	%
Total	$	301,947		53.2	%	$	255,070		50.5	%	$	581,512		52.8	%	$	506,206		50.1	%
Operating profit*:
Industrial Technology	$	38,742		26.6	%	$	32,484		23.8	%	$	70,508		25.1	%	$	61,067		22.9	%
Energy Systems & Controls		29,072		24.4	%		23,193		22.0	%		47,995		21.3	%		40,712		19.2	%
Scientific & Industrial Imaging		27,796		21.6	%		12,401		16.3	%		57,130		22.1	%		28,482		17.8	%
RF Technology		34,704		20.0	%		39,423		21.1	%		66,905		19.9	%		76,806		20.7	%
Total	$	130,314		23.0	%	$	107,501		21.3	%	$	242,538		22.0	%	$	207,067		20.5	%
Operating profit excluding restructuring*:
Industrial Technology	$	38,742		26.6	%	$	34,060		24.9	%	$	70,508		25.1	%	$	64,437		24.1	%
Energy Systems & Controls		29,072		24.4	%		24,325		23.1	%		47,995		21.3	%		43,236		20.4	%
Scientific & Industrial Imaging		27,796		21.6	%		12,968		17.1	%		57,130		22.1	%		29,602		18.5	%
RF Technology		34,704		20.0	%		40,084		21.4	%		66,905		19.9	%		77,566		20.9	%
Total	$	130,314		23.0	%	$	111,437		22.1	%	$	242,538		22.0	%	$	214,841		21.3	%
Net Orders:
Industrial Technology	$	164,685				$	125,880				$	318,778				$	265,273
Energy Systems & Controls		126,960					96,144					242,260					193,958
Scientific & Industrial Imaging		135,265					74,505					266,375					151,104
RF Technology		192,419					192,225					359,162					350,008
Total	$	619,329				$	488,754				$	1,186,575				$	960,343

*  Operating profit is before unallocated corporate general and administrative expenses.  These expenses were $11,127 and $11,537 for the three months ended June 30, 2010 and 2009, respectively and $22,635 and $24,311 for the six months ended June 30, 2010 and 2009, respectively.

Roper Industries, Inc. and Subsidiaries

Condensed Consolidated Statements of Cash Flows (unaudited)

(Amounts in thousands)

	Six months ended
	June 30,
	2010			2009
Net earnings	$	131,006		$	111,147
Non-cash items:
Depreciation		18,161			17,520
Amortization		38,289			34,308
Stock-based compensation expense		13,118			14,081
Income taxes		1,910			(16,102	)
Changes in assets and liabilities:
Receivables		(5,000	)		48,929
Inventory		(998	)		8,740
Accounts payable		12,856			(23,568	)
Accrued liabilities		2,770			(38,828	)
Other, net		(6,757	)		4,635
Cash provided by operating activities		205,355			160,862
Business acquisitions, net of cash acquired		(14,651	)		(1,248	)
Capital expenditures		(14,113	)		(12,359	)
Other, net		2,153			8,014
Cash used by investing activities		(26,611	)		(5,593	)
Principal debt payments		(3,013	)		(86,104	)
Revolver borrowings (payments), net		(40,000	)		(19,000	)
Debt issuance costs		-			(404	)
Dividends		(17,793	)		(14,850	)
Excess tax benefit from share-based payment		2,862			423
Proceeds from exercise of stock options		8,489			3,038
Other, net		890			(955	)
Cash used by financing activities		(48,565	)		(117,852	)
Effect of exchange rate changes on cash		(7,147	)		5,340
Net increase (decrease) in cash and equivalents		123,032			42,757
Cash and equivalents, beginning of period		167,708			178,069
Cash and equivalents, end of period	$	290,740		$	220,826