Don R. Kania Named President and Chief Executive Officer of FEI Company

Jul 24, 2006, 01:00 ET from FEI Company

    HILLSBORO, Ore., July 24 /PRNewswire-FirstCall/ -- FEI Company (Nasdaq:  
 FEIC) announced today that Don R. Kania has been named by the Board of
 Directors as president, chief executive officer and a board member of the
 company. Dr. Kania, 51, has most recently been president and chief
 operating officer of Veeco Instruments Inc. (Nasdaq:   VECO), where he has
 worked since 1998. Prior to that he held technical and general management
 positions of increasing responsibility at Lawrence Livermore National
 Laboratory and Los Alamos National Laboratory. He holds B.S., M.S. and
 Ph.D. degrees in physics and engineering from the University of Michigan.
 He is expected to start at FEI Company in mid-August 2006.
     Dr. William Lattin, lead director of FEI's board of directors
 commented, "Don's background in nanotechnology and capital equipment
 markets make him a perfect fit as FEI's new CEO. I, along with the rest of
 the board of directors, have confidence that he will make significant,
 long-term positive contributions to FEI. I would also like to extend my
 thanks to Ray Link, our CFO and interim CEO, who along with the other
 members of the management team has done an outstanding job in running the
 company during this transition period."
     "Don brings a wealth of business and technological experience to FEI,
 and I am very excited that he has decided to join our company," commented
 Ray Link, chief financial officer and interim chief executive officer of
 FEI. "His leadership and background, particularly in Asian markets, will
 help FEI continue to grow and prosper. He is an outstanding person to add
 to our already strong and seasoned management team, and we are all looking
 forward to working with him."
     "FEI has great technology strengths, large and expanding market
 opportunities and a dedicated group of employees worldwide," said Dr.
 Kania. "I'm looking forward to building on that foundation and working with
 the existing team to continue our operating improvements, take advantage of
 our great potential, generate solid returns for our shareholders and create
 growth opportunities for our employees."
     About FEI
     FEI's Tools for Nanotech(TM), featuring focused ion- and electron-beam
 technologies, deliver 3D characterization, analysis and modification
 capabilities with resolution down to the sub-Angstrom level and provide
 innovative solutions for customers working in NanoBiology, NanoResearch and
 NanoElectronics. FEI's solutions deliver ultra-high resolution and
 automation to speed the pace of product release and production cycles for
 semiconductor, data storage, and MEMS manufacturers. With R&D centers in
 North America and Europe, and sales and service operations in more than 50
 countries around the world, FEI is bringing the nanoscale within the grasp
 of leading researchers and manufacturers and helping to turn some of the
 biggest ideas of this century into reality. More information can be found
 on the FEI website at: