Forum Energy Technologies Announces Appointment Of Chief Operating Officer

Forum Energy Technologies, Inc. (NYSE: FET) is pleased to announce the appointment of Prady Iyyanki to the position of Chief Operating Officer. In this newly created role, he will be responsible for leading Forum’s global operations and driving growth and operational excellence across the organization. Prady will be based in Houston, Texas.

Cris Gaut, Forum’s Chairman and Chief Executive Officer, commented, “Prady brings years of international business, process improvement and manufacturing industry experience to Forum. His leadership and depth of experience will be of great value to Forum as we continue to enhance our manufacturing excellence, supply chain efficiency, product quality, and innovation management processes.”

Prior to joining Forum, Prady spent over sixteen years with General Electric (GE) in various senior management roles. Most recently Prady was President and CEO of the GE Oil and Gas Turbomachinery Equipment business segment, headquartered in Italy. He has a Bachelor of Science in Engineering from Jawaharlal Nehru Technology University, India and a Master of Science in Engineering from South Dakota State University.

Forum Energy Technologies is a global oilfield products company, serving the subsea, drilling, completion, production and infrastructure sectors of the oil and natural gas industry. The Company’s products include highly engineered capital equipment as well as products that are consumed in the drilling, well construction, production and transportation of oil and natural gas. With over 3,500 employees, Forum is headquartered in Houston, TX with manufacturing and distribution facilities strategically located around the globe. For more information, please visit www.f-e-t.com .

Copyright Business Wire 2010

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