(MKS LOGO)

EXHIBIT 99.1

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

MKS Instruments Reports Fourth Quarter and
Full Year 2013 Financial Results

Q4 Revenue up 23% sequentially and up 53% from Q4 2012

Andover, Mass., January 29, 2014 — MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of technologies that enable advanced processes and improve productivity, today reports fourth quarter and full year 2013 financial results.

Fourth Quarter Financial Results

Sales were $204 million, an increase of 23% from $166 million in the third quarter of 2013, and an increase of 53% from $134 million in the fourth quarter of 2012.

Fourth quarter net income was $20.2 million, or $0.38 per diluted share, compared to net income of $2.5 million, or $0.05 per diluted share in the third quarter of 2013, and $4.1 million, or $0.08 per diluted share in the fourth quarter of 2012.

Non-GAAP net earnings, which exclude special charges, were $22.3 million, or $0.42 per diluted share, compared to $13.3 million, or $0.25 per diluted share in the third quarter of 2013, and $5.1 million, or $0.10 per diluted share in the fourth quarter of 2012.

Fourth Quarter Financial Results

                 
    GAAP Results   Non-GAAP Results
Net revenues ($ millions)
  $ 204     $ 204  
Operating margin
    15.1 %     16.7 %
Net income ($ millions)
  $ 20.2     $ 22.3  
Diluted EPS
  $ 0.38     $ 0.42  

Full Year Results

Sales were $669 million, an increase of 4% from $644 million in 2012. Net income was $35.8 million, or $0.67 per diluted share, compared to $48.0 million, or $0.90 per diluted share in 2012. Non-GAAP net earnings were $48.4 million, or $0.90 per diluted share, compared to $53.3 million, or $1.00 per diluted share in 2012. We ended the year with a strong balance sheet with $650 million in cash and investments, or approximately $12 per share. Total book value, net of goodwill and intangibles, was $857 million or approximately $16 per share.

Gerald Colella, Chief Executive Officer and President, said, “I’m very pleased with our strong financial and operational performance in 2013 and, in particular, with our strong finish to the year. The year culminated with December being the strongest month of the year, due in part to a significant first-phase semiconductor fab build-out in China. Business levels continue to be very healthy entering 2014. For the new year, we will continue to focus on exceeding customer requirements, leveraging growth in our existing and new markets, and increasing long-term shareholder value.

“Based on current business levels, we expect that sales in the first quarter of 2014 may range from $190 to $205 million, and at these volumes, our non-GAAP and GAAP net earnings could range from $0.35 to $0.48 per share.”

Conference Call Details

A conference call with management will be held on Thursday, January 30, 2014 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 30134845, 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 completed acquisitions, restructuring charges, certain excess and obsolete inventory charges, litigation settlements and related insurance reimbursements, certain supplemental executive retirement costs, discrete tax benefits and charges 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 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 (Note 6)
    December 31, 2013   December 31, 2012   September 30, 2013
Net revenues:
                       
Products
  $ 179,319     $ 108,788     $ 139,846  
Services
    25,075       25,008       26,607  
 
                       
Total net revenues
    204,394       133,796       166,453  
Cost of revenues:
                       
Products
    99,874       66,535       87,809  
Services
    16,840       14,660       16,410  
 
                       
Total cost of revenues
    116,714       81,195       104,219  
Gross profit
    87,680       52,601       62,234  
Research and development
    16,252       14,207       15,257  
Selling, general and administrative
    39,874       30,853       33,158  
Restructuring
          343       1,126  
Amortization of intangible assets
    602       583       361  
 
                       
Income from operations
    30,952       6,615       12,332  
Interest income, net
    204       245       208  
 
                       
Income before income taxes
    31,156       6,860       12,540  
Provision for income taxes
    10,919       2,751       10,082  
 
                       
Net income
  $ 20,237     $ 4,109     $ 2,458  
 
                       
Net income per share:
                       
Basic
  $ 0.38     $ 0.08     $ 0.05  
Diluted
  $ 0.38     $ 0.08     $ 0.05  
Cash dividends per common share
  $ 0.16     $ 0.16     $ 0.16  
Weighted average shares outstanding:
                       
Basic
    53,251       52,707       53,165  
Diluted
    53,695       53,217       53,513  
The following supplemental Non-GAAP earnings information is presented to aid in understanding MKS’ operating results:
                       
Net income
  $ 20,237     $ 4,109     $ 2,458  
Adjustments (net of tax, if applicable):
                       
Income tax charge (Note 1)
                6,481  
Credits on U.S. tax expense (Note 2)
                (1,200 )
Executive retirement costs (Note 3)
    2,581              
Excess and obsolete charge (Note 4)
                6,423  
Acquisition inventory step-up
          202        
Restructuring (Note 5)
          343       1,126  
Amortization of intangible assets
    602       583       361  
Pro forma tax adjustments
    (1,100 )     (132 )     (2,355 )
 
                       
Non-GAAP net earnings (Note 6)
  $ 22,320     $ 5,105     $ 13,294  
 
                       
Non-GAAP net earnings per share (Note 6)
  $ 0.42     $ 0.10     $ 0.25  
 
                       
Weighted average shares outstanding
    53,695       53,217       53,513  
Income from operations
  $ 30,952     $ 6,615     $ 12,332  
Adjustments:
                       
Executive retirement costs (Note 3)
    2,581              
Excess and obsolete charge (Note 4)
                6,423  
Acquisition inventory step-up
          202        
Restructuring (Note 5)
          343       1,126  
Amortization of intangible assets
    602       583       361  
 
                       
Non-GAAP income from operations
  $ 34,135     $ 7,743     $ 20,242  
 
                       
Non-GAAP operating margin percentage
    16.7 %     5.8 %     12.2 %
 
                       
Gross profit
  $ 87,680     $ 52,601     $ 62,234  
Excess and obsolete charge (Note 4)
                6,423  
 
                       
Non-GAAP gross profit
  $ 87,680     $ 52,601     $ 68,657  
 
                       
Non-GAAP gross profit percentage
    42.9 %     39.3 %     41.2 %
 
                       

Note 1: In the third quarter of 2013, we incurred income tax charges of $6.5 million related to an election to pay currently, at a substantially reduced rate, taxes on certain accumulated earnings from the years 2001 to 2011 of one of our foreign subsidiaries.

Note 2: In the third quarter of 2013, we received $1.2 million in credits against U.S. tax expense on amended returns related to prior years.

Note 3: In the fourth quarter of 2013, the Company’s Chief Executive Officer retired and $2.6 million of costs related to his supplemental executive retirement plan and other benefits were recognized and recorded in selling, general and administrative expenses for the three and twelve month periods ended December 31, 2013.

Note 4: Cost of sales for the three month period ended September 30, 2013, include $6.4 million of special charges for obsolete inventory related to unique product in a solar application in which slowing market conditions provide uncertainty as to the net realizable value of this inventory.

Note 5: The three month periods ended September 30, 2013 and December 31, 2012 include restructuring charges primarily for severance related costs related to the consolidation of certain facilities.

Note 6: The Non-GAAP net earnings and Non-GAAP net earnings per share amounts exclude amortization of intangible assets, restructurings, costs associated with completed acquisitions, certain supplemental executive retirement costs, a benefit related to an insurance reimbursement, excess and obsolete charge related to unique product in a solar application and 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.

2

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

                                                 
    Three Months Ended December 31, 2013   Three Months Ended September 30, 2013
     Income Before    Provision for    Effective    Income Before    Provision for    Effective
     Income Taxes     Income Taxes     Tax Rate     Income Taxes     Income Taxes     Tax Rate 
GAAP                
  $          31,156   $         10,919      35.0%      $         12,540   $         10,082      80.4%   
Adjustments:
                                               
Income tax charge (Note 1)
                (6,481 )        
Credits on U.S. tax expense (Note 2)
                1,200        
Executive retirement costs (Note 4)
  2,581                      
Excess and obsolete charge (Note 6)
              6,423          
Restructuring (Note 8)
              1,126          
Amortization of intangible assets
  602             361          
Tax effect of pro forma adjustments
    1,124             767        
Adjustment to pro forma tax rate
    (24 )             1,588        
 
                               
Non-GAAP
  $       34,339   $       12,019      35.0%      $       20,450   $       7,156      35.0%   
 
                               
                         
    Three Months Ended December 31, 2012
     Income Before     Provision for    Effective
     Income Taxes     Income Taxes     Tax Rate 
GAAP
  $       6,860     $       2,751         40.1%    
Adjustments:
                       
Acquisition inventory step-up
    202                
Restructuring (Note 8)
    343                
Amortization of intangible assets
    583                
Tax effect of pro forma adjustments
          338          
Adjustment to pro forma tax rate
          (206 )        
 
                       
Non-GAAP
  $       7,988     $       2,883       36.1%    
 
                       
                                                 
    Twelve Months Ended December 31, 2013   Twelve Months Ended December 31, 2012
     Income Before    Provision for    Effective    Income Before    Provision for    Effective
     Income Taxes     Income Taxes     Tax Rate     Income Taxes     Income Taxes     Tax Rate 
GAAP                
  $          59,301   $         23,525      39.7%      $         75,136   $         27,107      36.1%   
Adjustments:
                                               
Income tax charge (Note 1)
    (6,481 )                    
Credits on U.S. tax expense (Note 2)
    1,200                    
Tax benefit (Note 3)
    2,353                    
Executive retirement costs (Note 4)
  2,581                      
Insurance reimbursement (Note 5)
  (1,071 )                      
Litigation (Note 5)
              5,316          
Excess and obsolete charge (Note 6)
  6,423                      
Completed acquisition costs (Note 7)
  171             1,258          
Acquisition inventory step-up
              303          
Restructuring (Note 8)
  1,364             343          
Amortization of intangible assets
  2,139             1,036          
Tax effect of pro forma adjustments
    1,923             2,948        
 
                               
Non-GAAP
  $       70,908   $       22,520      31.8%      $       83,392   $       30,055      36.0%   
 
                               

Note 1: In the third quarter of 2013, we incurred income tax charges of $6.5 million related to an election to pay currently, at a substantially reduced rate, taxes on certain accumulated earnings from the years 2001 to 2011 of one of our foreign subsidiaries.

Note 2: In the third quarter of 2013, we received $1.2 million in credits against U.S. tax expense on amended returns related to prior years.

Note 3: Tax benefit related to the enactment of the American Taxpayer Relief Act of 2012 on January 2, 2013.

Note 4: In the fourth quarter of 2013, the Company’s Chief Executive Officer retired and $2.6 million of costs related to his supplemental executive retirement plan and other benefits were recognized and recorded in selling, general and administrative expenses for the three and twelve month periods ended December 31, 2013.

Note 5: 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. In the second quarter of 2013, we recovered $1.1 million from our insurance company relating to the prior year settlement.

Note 6: Cost of sales for the three month period ended September 30, 2013, include $6.4 million of special charges for obsolete inventory related to unique product in a solar application in which slowing market conditions provide uncertainty as to the net realizable value of this inventory.

Note 7: Costs related to the Company’s acquisition of Alter Power Systems S.r.l., in March 2013, are comprised of legal fees. 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 8: The three months ended September 30, 2013 and December 31, 2012 and the twelve month periods ended December 31, 2013 and 2012 include restructuring charges primarily for severance related costs related to the consolidation of certain facilities.

3

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

                 
    Twelve Months Ended
    December 31, (Note 9)
    2013   2012
Net revenues:
               
Products
  $ 568,317     $ 536,774  
Services
    101,103       106,734  
 
               
Total net revenues
    669,420       643,508  
Cost of revenues:
               
Products
    337,464       310,485  
Services
    65,382       63,544  
 
               
Total cost of revenues
    402,846       374,029  
Gross profit
    266,574       269,479  
Research and development
    63,570       60,118  
Selling, general and administrative
    142,014       127,185  
Insurance reimbursement
    (1,071 )      
Litigation
          5,316  
Completed acquisition costs
    171       1,258  
Restructuring
    1,364       343  
Amortization of intangible assets
    2,139       1,036  
 
               
Income from operations
    58,387       74,223  
Interest income, net
    914       913  
 
               
Income before income taxes
    59,301       75,136  
Provision for income taxes
    23,525       27,107  
 
               
Net income
  $ 35,776     $ 48,029  
 
               
Net income per share:
               
Basic
  $ 0.67     $ 0.91  
Diluted
  $ 0.67     $ 0.90  
Cash dividends per common share
  $ 0.64     $ 0.62  
Weighted average shares outstanding:
               
Basic
    53,061       52,686  
Diluted
    53,481       53,234  
The following supplemental Non-GAAP earnings information is presented to aid in understanding MKS’ operating results:
               
Net income
  $ 35,776     $ 48,029  
Adjustments (net of tax, if applicable):
               
Income tax charge (Note 1)
    6,481        
Credits on U.S. tax expense (Note 2)
    (1,200 )      
Tax benefit (Note 3)
    (2,353 )      
Executive retirement costs (Note 4)
    2,581        
Insurance reimbursement (Note 5)
    (1,071 )      
Litigation (Note 5)
          5,316  
Excess and obsolete charge (Note 6)
    6,423        
Acquisition inventory step-up
          303  
Completed acquisition costs (Note 7)
    171       1,258  
Restructuring (Note 8)
    1,364       343  
Amortization of intangible assets
    2,139       1,036  
Pro forma tax adjustments
    (1,923 )     (2,948 )
 
               
Non-GAAP net earnings (Note 9)
  $ 48,388     $ 53,337  
 
               
Non-GAAP net earnings per share (Note 9)
  $ 0.90     $ 1.00  
 
               
Weighted average shares outstanding
    53,481       53,234  
Income from operations
  $ 58,387     $ 74,223  
Adjustments:
               
Executive retirement costs (Note 4)
    2,581        
Insurance reimbursement (Note 5)
    (1,071 )      
Litigation (Note 5)
          5,316  
Excess and obsolete charge (Note 6)
    6,423        
Acquisition inventory step-up
          303  
Completed acquisition costs (Note 7)
    171       1,258  
Restructuring (Note 8)
    1,364       343  
Amortization of intangible assets
    2,139       1,036  
 
               
Non-GAAP income from operations
  $ 69,994     $ 82,479  
 
               
Non-GAAP operating margin percentage
    10.5 %     12.8 %
 
               
Gross profit
  $ 266,574     $ 269,479  
Excess and obsolete charge (Note 6)
    6,423        
 
               
Non-GAAP gross profit
  $ 272,997     $ 269,479  
 
               
Non-GAAP gross profit percentage
    40.8 %     41.9 %
 
               

Note 1: In the third quarter of 2013, we incurred income tax charges of $6.5 million related to an election to pay currently, at a substantially reduced rate, taxes on certain accumulated earnings from the years 2001 to 2011 of one of our foreign subsidiaries.

Note 2: In the third quarter of 2013, we received $1.2 million in credits against U.S. tax expense on amended returns related to prior years.

Note 3: Tax benefit related to the enactment of the American Taxpayer Relief Act of 2012 on January 2, 2013.

Note 4: In the fourth quarter of 2013, the Company’s Chief Executive Officer retired and $2.6 million of costs related to his supplemental executive retirement plan and other benefits were recognized and recorded in selling, general and administrative expenses for the three and twelve month periods ended December 31, 2013.

Note 5: 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. In the second quarter of 2013, we recovered $1.1 million from our insurance company relating to the prior year settlement.

Note 6: Cost of sales for the three month period ended September 30, 2013, include $6.4 million of special charges for obsolete inventory related to unique product in a solar application in which slowing market conditions provide uncertainty as to the net realizable value of this inventory.

Note 7: Costs related to the Company’s acquisition of Alter Power Systems S.r.l., in March 2013, are comprised of legal fees. 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 8: The twelve month periods ended December 31, 2013 and December 31, 2012 include restructuring charges primarily for severance related costs related to the consolidation of certain facilities.

Note 9: The Non-GAAP net earnings and Non-GAAP net earnings per share amounts exclude amortization of intangible assets, restructurings, costs associated with completed acquisitions, a litigation settlement, a benefit related to an insurance reimbursement, excess and obsolete charge related to unique product in a solar application, certain supplemental executive retirement costs and 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, 2013   December 31, 2012
ASSETS
               
Cash and cash equivalents
  $ 278,502     $ 287,588  
Short-term investments
    311,115       327,653  
Trade accounts receivable, net
    116,744       82,060  
Inventories
    142,727       134,639  
Deferred income taxes
    10,629       8,194  
Other current assets
    16,715       28,048  
 
               
Total current assets
    876,432       868,182  
Property, plant and equipment, net
    77,536       80,516  
Long-term investments
    60,405       12,158  
Goodwill
    150,909       150,733  
Intangible assets, net
    13,090       11,561  
Other assets
    34,646       29,412  
 
               
Total assets
  $ 1,213,018     $ 1,152,562  
 
               
LIABILITIES AND STOCKHOLDERS’ EQUITY
               
Accounts payable
  $ 40,074     $ 16,803  
Accrued compensation
    43,662       20,955  
Income taxes payable
    10,444       4,148  
Other current liabilities
    34,242       37,405  
 
               
Total current liabilities
    128,422       79,311  
Other liabilities
    63,073       61,095  
Stockholders’ equity:
               
Common stock
    113       113  
Additional paid-in capital
    730,571       718,005  
Retained earnings
    278,966       278,583  
Other stockholders’ equity
    11,873       15,455  
 
               
Total stockholders’ equity
    1,021,523       1,012,156  
 
               
Total liabilities and stockholders’ equity
  $ 1,213,018     $ 1,152,562  
 
               

5


The following information was filed by Mks Instruments Inc (MKSI) on Wednesday, January 29, 2014 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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