(MKS LOGO)

EXHIBIT 99.1

Contact: Seth H. Bagshaw
Vice President, Chief Financial Officer & Treasurer
Telephone: 978.645.5578

MKS Instruments Reports Full Year and
Fourth Quarter 2012 Financial Results

Andover, Mass., January 30, 2013 — MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of technologies that enable advanced processes and improve productivity, today reports full year and fourth quarter 2012 financial results.

Full Year 2012

                 
    GAAP Results   Non-GAAP Results
Net revenues ($ millions)
  $ 644     $ 644  
Operating margin
    11.5 %     12.8 %
Net income ($ millions)
  $ 48.0     $ 53.3  
Diluted EPS
  $ 0.90     $ 1.00  

Full Year Financial Results

Sales were $644 million, a decrease of 22% from $823 million in 2011. Net income was $48.0 million, or $0.90 per diluted share, compared to $129.7 million, or $2.45 per diluted share in 2011. Non-GAAP net earnings were $53.3 million, or $1.00 per diluted share, compared to $127.9 million, or $2.42 per diluted share in 2011.

Fourth Quarter Financial Results

Sales were $133.8 million, a decrease of 5% from $141.4 million in the third quarter of 2012, and a decrease of 22% from $171.7 million in the fourth quarter of 2011.

Fourth quarter net income was $4.1 million, or $0.08 per diluted share, compared to net income of $2.6 million, or $0.05 per diluted share in the third quarter of 2012, and $22.7 million, or $0.43 per diluted share in the fourth quarter of 2011.

Non-GAAP net earnings, which exclude special charges, were $5.1 million, or $0.10 per diluted share, compared to $8.4 million, or $0.16 per diluted share in the third quarter of 2012, and $20.4 million, or $0.38 per diluted share in the fourth quarter of 2011.

Leo Berlinghieri, Chief Executive Officer and President, said, “Global economic conditions remain unsettled, however, we are encouraged by the recent announcements and forecasts that the semiconductor market may be at trough levels and that business could begin to grow within a quarter or so and be even stronger in the second half of the year. We have seen stabilization of our overall order rates for several months which is also encouraging.

“Based on these current conditions, we expect that sales in the first quarter of 2013 may range from $125 to $145 million, and at these volumes, our non-GAAP net earnings could range from a net loss per share of $(0.06) to net earnings of $0.08 per share, and on a GAAP basis, from a net loss per share of $(0.08) to net income of $0.08 per share.”

Conference Call Details

A conference call with management will be held on Thursday, January 31, 2013 at 8:30 a.m. (Eastern Time). To participate in the conference call, please dial (877) 212-6076 for domestic callers and (707) 287-9331 for international callers, and an operator will connect you. Participants will need to provide the operator with the Conference ID of 86739239, which has been reserved for this call. A live and archived webcast of the call will be available on the company’s website at www.mksinst.com.

Use of Non-GAAP Financial Results

Non-GAAP net earnings and Non-GAAP net earnings per share amounts exclude amortization of acquired intangible assets, costs associated with acquisitions, litigation settlements, restructuring charges, income tax adjustments related to the settlement of tax audits and the related tax effect of any adjustments. These non-GAAP measures are not in accordance with Accounting Principles Generally Accepted in the United States of America (GAAP). MKS’ management believes the presentation of these non-GAAP financial measures, which exclude amortization of acquired intangible assets, costs associated with acquisitions, litigation settlements, restructuring charges, income tax adjustments related to the settlement of tax audits and the related tax effect of any adjustments, is useful to investors for comparing prior periods and analyzing ongoing business trends and operating results.

About MKS Instruments

MKS Instruments, Inc. is a global provider of instruments, subsystems and process control solutions that measure, control, power, monitor and analyze critical parameters of advanced manufacturing processes to improve process performance and productivity. Our products are derived from our core competencies in pressure measurement and control, materials delivery, gas composition analysis, control and information technology, power and reactive gas generation, and vacuum technology. Our primary served markets are manufacturers of capital equipment for semiconductor devices, and for other thin film applications including flat panel displays, solar cells, light emitting diodes, data storage media, and other advanced coatings. We also leverage our technology in other markets with advanced manufacturing applications including medical equipment, pharmaceutical manufacturing, energy generation and environmental monitoring.

Forward-Looking Statements

This release contains projections or other forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27 of the Securities Act, and Section 21E of the Securities Exchange Act regarding MKS’ future growth and the future financial performance of MKS. These projections or statements are only predictions. Actual events or results may differ materially from those in the projections or other forward-looking statements set forth herein. Among the important factors that could cause actual events to differ materially from those in the projections or other forward-looking statements are the fluctuations in capital spending in the semiconductor industry, and other advanced manufacturing markets, fluctuations in net sales to MKS’ major customers, potential fluctuations in quarterly results, the challenges, risks and costs involved with integrating the operations of MKS and any acquired companies, dependence on new product development, rapid technological and market change, acquisition strategy, manufacturing and sourcing risks, volatility of stock price, international operations, financial risk management, and future growth subject to risks. Readers are referred to MKS’ filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q for a discussion of these and other important risk factors concerning MKS and its operations. MKS is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

###

1

MKS Instruments, Inc.
Unaudited Consolidated Statements of Operations
(In thousands, except per share data)

                         
    Three Months Ended (Notes 4 and 5)
    December 31, 2012   December 31, 2011   September 30, 2012
Net revenues
  $ 133,796     $ 171,671     $ 141,447  
Cost of revenues
    81,195       95,710       84,876  
 
                       
Gross profit
    52,601       75,961       56,571  
Research and development
    14,207       14,224       14,136  
Selling, general and administrative
    30,853       31,473       29,661  
Litigation
                5,316  
Completed acquisition costs
                851  
Restructuring
    343              
Amortization of intangible assets
    583       264       215  
 
                       
Income from operations
    6,615       30,000       6,392  
Interest income, net
    245       275       267  
 
                       
Income before income taxes
    6,860       30,275       6,659  
Provision for income taxes
    2,751       7,561       4,079  
 
                       
Net income
  $ 4,109     $ 22,714     $ 2,580  
 
                       
Net income per share:
                       
Basic
  $ 0.08     $ 0.43     $ 0.05  
Diluted
  $ 0.08     $ 0.43     $ 0.05  
Cash dividends per common share
  $ 0.16     $ 0.15     $ 0.16  
Weighted average shares outstanding:
                       
Basic
    52,707       52,465       52,854  
Diluted
    53,217       53,105       53,290  
The following supplemental Non-GAAP earnings information is presented to aid in understanding MKS’ operating results:
                       
Net income
  $ 4,109     $ 22,714     $ 2,580  
Adjustments (net of tax, if applicable):
                       
Settlement of foreign tax audit
          (2,548 )      
Completed acquisition costs (Note 1)
                851  
Acquisition inventory step-up
    202             101  
Litigation (Note 2)
                5,316  
Restructuring (Note 3)
    343              
Amortization of intangible assets
    583       264       215  
Pro forma tax adjustments
    (132 )     (71 )     (626 )
 
                       
Non-GAAP net earnings (Note 4)
  $ 5,105     $ 20,359     $ 8,437  
 
                       
Non-GAAP net earnings per share (Note 4)
  $ 0.10     $ 0.38     $ 0.16  
 
                       
Weighted average shares outstanding
    53,217       53,105       53,290  
Income from operations
  $ 6,615     $ 30,000     $ 6,392  
Adjustments:
                       
Completed acquisition costs (Note 1)
                851  
Acquisition inventory step-up
    202             101  
Litigation (Note 2)
                5,316  
Restructuring (Note 3)
    343              
Amortization of intangible assets
    583       264       215  
 
                       
Non-GAAP income from operations
  $ 7,743     $ 30,264     $ 12,875  
 
                       
Non-GAAP operating margin percentage
    5.8 %     17.6 %     9.1 %
 
                       

Note 1: Costs related to the Company’s acquisition of Plasmart, Inc. in August 2012, are comprised of investment banking fees, legal fees and due diligence fees.

Note 2: In the third quarter of 2012, the Company incurred $5.3 million in charges to settle litigation with former shareholders of one of its former subsidiaries. This litigation was long standing and the decision to reach a settlement was made to eliminate future legal expenses related to the suit.

Note 3: The three month period ended December 31, 2012 includes restructuring charges primarily for severance related costs.

Note 4: The Non-GAAP net earnings and Non-GAAP net earnings per share amounts exclude amortization of intangible assets, restructurings, costs associated with acquisitions, litigation settlements, the related tax effect of these adjustments and pro-forma income tax adjustments to reflect the expected full year effective tax rate in the quarter.

Note 5: In the third quarter of 2012, the Company reported completed acquisition costs as a line item separate from selling, general and administrative expenses. The Company has reclassified these costs from selling, general and administrative expenses to this separate line beginning with the first quarter of 2012. These costs have been excluded from Non-GAAP earnings and the second quarter and year to date 2012 Non-GAAP net earnings and Non-GAAP net earnings per share have been adjusted to reflect this change.

2

MKS Instruments, Inc.
Unaudited Consolidated Statements of Operations
(In thousands, except per share data)

                 
    Twelve Months Ended
    December 31, (Note 4)
    2012   2011
Net revenues
  $ 643,508     $ 822,517  
Cost of revenues
    374,029       447,529  
 
               
Gross profit
    269,479       374,988  
Research and development
    60,118       61,033  
Selling, general and administrative
    127,185       128,015  
Litigation
    5,316        
Completed acquisition costs
    1,258        
Restructuring
    343        
Amortization of intangible assets
    1,036       1,015  
 
               
Income from operations
    74,223       184,925  
Interest income, net
    913       1,127  
 
               
Income before income taxes
    75,136       186,052  
Provision for income taxes
    27,107       56,321  
 
               
Net income
  $ 48,029     $ 129,731  
 
               
Net income per share:
               
Basic
  $ 0.91     $ 2.49  
Diluted
  $ 0.90     $ 2.45  
Cash dividends per common share
  $ 0.62     $ 0.60  
Weighted average shares outstanding:
               
Basic
    52,686       52,169  
Diluted
    53,234       52,847  
The following supplemental Non-GAAP earnings information is presented to aid in understanding MKS’ operating results:
               
Net income
  $ 48,029     $ 129,731  
Adjustments (net of tax, if applicable):
               
Settlement of foreign tax audit
          (2,548 )
Completed acquisition costs (Note 1)
    1,258        
Acquisition inventory step-up
    303        
Litigation (Note 2)
    5,316        
Restructuring (Note 3)
    343        
Amortization of intangible assets
    1,036       1,015  
Pro forma tax adjustments
    (2,948 )     (268 )
 
               
Non-GAAP net earnings (Note 4)
  $ 53,337     $ 127,930  
 
               
Non-GAAP net earnings per share (Note 4)
  $ 1.00     $ 2.42  
 
               
Weighted average shares outstanding
    53,234       52,847  
Income from operations
  $ 74,223     $ 184,925  
Adjustments:
               
Completed acquisition costs (Note 1)
    1,258        
Acquisition inventory step-up
    303        
Litigation (Note 2)
    5,316        
Restructuring (Note 3)
    343        
Amortization of intangible assets
    1,036       1,015  
 
               
Non-GAAP income from operations
  $ 82,479     $ 185,940  
 
               
Non-GAAP operating margin percentage
    12.8 %     22.6 %
 
               

Note 1: Costs related to the Company’s acquisition of Plasmart, Inc. in August 2012, are comprised of investment banking fees, legal fees and due diligence fees.

Note 2: In the third quarter of 2012, the Company incurred $5.3 million in charges to settle litigation with former shareholders of one of its former subsidiaries. This litigation was long standing and the decision to reach a settlement was made to eliminate future legal expenses related to the suit.

Note 3: The twelve months ended December 31, 2012 includes restructuring charges primarily for severance related costs.

Note 4: The Non-GAAP net earnings and Non-GAAP net earnings per share amounts exclude amortization of intangible assets, restructurings, costs associated with acquisitions, litigation settlements, the related tax effect of these adjustments and pro-forma income tax adjustments to reflect the expected full year effective tax rate in the quarter.

3

MKS Instruments, Inc.
Reconciliation of GAAP Income Tax Rate to Non-GAAP Income Tax Rate
(In thousands)

                                                 
    Three Months Ended December 31, 2012 (Note 3)   Three Months Ended September 30, 2012 (Note 3)
     Income Before    Provision for    Effective    Income Before    Provision for    Effective
     Income Taxes     Income taxes     Tax Rate     Income Taxes     Income taxes     Tax Rate 
GAAP     
  $          6,860     $         2,751          40.1%        $         6,659     $         4,079          61.3%     
Adjustments:
                                               
Completed acquisition costs (Note 1)
                        851                
Acquisition inventory step-up
    202                     101                
Litigation (Note 2)
                        5,316                
Restructuring
    343                                    
Amortization of intangible assets
    583                     215                
Tax effect of pro forma adjustments
          338                     626          
Adjustment to pro forma tax rate
          (206 )                            
 
                                               
Non-GAAP
  $          7,988     $        2,883          36.1%        $        13,142     $         4,705          35.8%     
 
                                               
                         
    Three Months Ended December 31, 2011 (Note 3)
     Income Before     Provision for    Effective
     Income Taxes     Income taxes     Tax Rate 
GAAP
  $       30,275     $       7,561         25.0%    
Adjustments:
                       
Amortization of intangible assets
    264                
Tax effect of pro forma adjustments
          71          
Adjustment to pro forma tax rate
                   
 
                       
Non-GAAP
  $       30,539     $       7,632         25.0%    
 
                       
                                                 
    Twelve Months Ended December 31, 2012 (Note 3) Twelve Months Ended December 31, 2011 (Note 3)
     Income Before    Provision for    Effective    Income Before    Provision for    Effective
     Income Taxes     Income taxes     Tax Rate     Income Taxes     Income taxes     Tax Rate 
GAAP
  $          75,136     $         27,107          36.1%        $         186,052     $         56,321          30.3%     
Adjustments:
                                               
Settlement of foreign tax audit
                        (2,548 )              
Completed acquisition costs (Note 1)
    1,258                                    
Acquisition inventory step-up
    303                                    
Litigation (Note 2)
    5,316                                    
Restructuring
    343                                    
Amortization of intangible assets
    1,036                     1,015                
Tax effect of pro forma adjustments
          2,948                     268          
Adjustment to pro forma tax rate
                                       
 
                                               
Non-GAAP
  $          83,392     $        30,055          36.0%        $        184,519     $         56,589          30.7%     
 
                                               

Note 1: Costs related to the Company’s acquisition of Plasmart, Inc. in August 2012, are comprised of investment banking fees, legal fees and due diligence fees.

Note 2: In the third quarter of 2012, we incurred $5.3 million in charges to settle litigation with former shareholders of one of our former subsidiaries. This litigation was long standing and the decision to reach a settlement was made to eliminate future legal expenses related to the suit.

Note 3: The Non-GAAP net earnings before taxes exclude amortization of intangible assets, costs associated with acquisitions, litigation settlements, the related tax effect of these adjustments and pro-forma income tax adjustments to reflect the expected full year effective tax rate in the quarter.

4

MKS Instruments, Inc.
Unaudited Consolidated Balance Sheet
(In thousands)

                 
    December 31, 2012   December 31, 2011
ASSETS
               
Cash and short-term investments
  $ 615,241     $ 565,519  
Trade accounts receivable, net
    82,060       120,894  
Inventories
    134,639       153,632  
Other current assets
    36,242       44,856  
 
               
Total current assets
    868,182       884,901  
Property, plant and equipment, net
    80,516       72,487  
Long-term investments
    12,158       7,873  
Goodwill
    150,733       140,084  
Intangible assets, net
    11,561       1,043  
Other assets
    11,692       12,266  
 
               
Total assets
  $ 1,134,842     $ 1,118,654  
 
               
LIABILITIES AND STOCKHOLDERS’ EQUITY
               
Short-term borrowings
  $     $ 1,932  
Accounts payable
    16,803       24,853  
Accrued expenses and other liabilities
    62,508       69,646  
 
               
Total current liabilities
    79,311       96,431  
Other liabilities
    43,375       32,211  
Stockholders’ equity:
               
Common stock
    113       113  
Additional paid-in capital
    718,005       707,419  
Retained earnings
    278,583       268,870  
Other stockholders’ equity
    15,455       13,610  
 
               
Total stockholders’ equity
    1,012,156       990,012  
 
               
Total liabilities and stockholders’ equity
  $ 1,134,842     $ 1,118,654  
 
               

5


The following information was filed by Mks Instruments Inc (MKSI) on Wednesday, January 30, 2013 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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