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FEI Adopts Group Structure To Facilitate Further Growth

HILLSBORO, Ore., Jan. 14, 2013 (GLOBE NEWSWIRE) -- FEI Company (Nasdaq:FEIC) announced today that it is reorganizing the company into a group structure to enable it to efficiently execute its growth strategy. The company will be organized into two groups: an Industry Group, focused on customers making economic decisions to purchase and utilize FEI solutions that improve yield, reduce cost or speed time to market resulting in improved profitability; and a Science Group, focused on customers using FEI solutions to advance research and discovery.

In conjunction with the organization change, Executive Vice President Benjamin Loh has been promoted to chief operating officer of the company. Vice President Rudy Kellner has been named to head the Industry Group and Vice President Paul Scagnetti will lead the Science Group. Both report to Mr. Loh.

"As we approach a billion dollars in revenue, FEI has put strong leadership in front of our customers with common needs to drive our continued profitable growth," commented Don Kania, president and CEO of FEI. "This structure will also provide the framework to efficiently integrate acquisitions into FEI."

Mr. Loh joined FEI in 2007 as executive vice president of Global Sales and Service and his role expanded to Global Business Operations in 2011. In addition to his current responsibilities, he adds manufacturing and research & development in his new role. Prior to joining FEI, he was most recently executive vice president of Global Field Operations with Veeco Instruments Inc., which he had joined in 2005 as senior vice president, Asia Pacific. Before that, he was with Unaxis Corporation, including serving as president of Unaxis Shanghai and senior vice president, Asia. He holds an Electronics Engineering diploma from Singapore Polytechnic and an Electronics Engineering degree from Tohoku University in Japan.

Mr. Kellner joined FEI in 2003 and was named vice president and general manager of the Electronics business unit in 2009. Prior to FEI, he was with Electro Scientific Industries. He holds a BS in Computer Science and an MBA from Rensselaer Polytechnic Institute.

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