Seventh Consecutive Quarter of Sales Growth;
Non-GAAP EPS Reach $0.23 in Fourth Quarter;
Accelerating Momentum into 2011

BILLERICA, Mass., Feb. 1, 2011 (GLOBE NEWSWIRE) -- Entegris, Inc. (Nasdaq:ENTG) today reported its financial results for the Company's fourth quarter and fiscal year ended December 31, 2010.

The Company recorded fourth-quarter sales of $182.1 million, an increase of 24 percent over the prior year, and 2 percent sequentially. Net income was $27.0 million, or $0.20 per share. These results included amortization of intangible assets of $2.8 million. Non-GAAP earnings per share of $0.23 in the fourth quarter of 2010 compared to $0.13 in the fourth quarter a year ago and $0.18 in the third quarter of 2010. A reconciliation table of GAAP to non-GAAP earnings (loss) per share is contained in this press release.

Fiscal 2010 sales were $688.4 million, representing a 73% increase compared to sales of $398.6 million in 2009. Net income per share of $0.63 compared to a net loss of $0.49 per share a year earlier. On a non-GAAP basis, net income per share in fiscal 2010 was $0.71 compared with a net loss per share of $0.27 for the year earlier.

Gideon Argov, president and chief executive officer, said: "The fourth quarter capped a great year in which we achieved record-level sales, operating profit, and operating cash flow. We demonstrated the operating leverage in our business model, as we achieved substantially higher profits than in prior cycles. We generated $40 million in cash from operations in the fourth quarter and $141 million for the year, which enabled us to end the year with $134 million in cash and no debt.

"Business trends in the fourth quarter were positive. Relatively high fab utilization rates and stable wafer starts at our semiconductor customers contributed to continued growth in our unit-driven sales and a record quarter for our liquid filtration products. Ongoing investments in a number of new fabs drove fourth-quarter sales of our fluid handling components and systems to all-time highs, and should drive increasing orders in 2011 and beyond for a wide range of our next-generation contamination control and wafer handling products. Our sales to other high-technology markets, including solar and LED, also continue to be very promising," Argov said. 

"Moving into 2011, we anticipate accelerating momentum as we continue to execute our growth strategies in a favorable market environment, with increased capital spending plans in the industry and continuing strong global demand for semiconductor devices," Argov said.

For the fiscal first quarter ending April 2, 2011, the Company expects sales to range from approximately $185 million to $190 million. Based on the Company's target model, non-GAAP EPS at this revenue level is expected to range from $0.18 to $0.20.

Fourth-Quarter Results Conference Call Details

Entegris will hold a conference call to discuss its results for the fourth quarter on Tuesday, February 1, 2011, at 10:00 a.m. Eastern Time.  Participants should dial 1-913-312-0671 or toll-free 1-877-208-2391, referencing confirmation code 7435836. Participants are asked to dial in 5 to 10 minutes prior to the start of the call. A replay of the call will be available starting February 1 at 2:00 p.m. (ET) until March 17, 2011. The replay can be accessed by using passcode 7435836 after dialing 1-719-457-0820 or 1-888-203-1112. A live and on-demand webcast of the call can also be accessed from the investor relations section of Entegris' website at www.entegris.com.

About Entegris

Entegris is a leading provider of a wide range of products for purifying, protecting and transporting critical materials used in processing and manufacturing in the semiconductor and other high-tech industries. Entegris is ISO 9001 certified and has manufacturing, customer service and/or research facilities in the United States, China, France, Germany, Israel, Japan, Malaysia, Singapore, South Korea and Taiwan. Additional information can be found at www.entegris.com.

The Entegris, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3700

Non-GAAP Information

The Company's consolidated financial statements are prepared in conformity with accounting principles generally accepted in the United States (GAAP). Adjusted EBITDA and Adjusted Operating Income together with related measures thereof, and non-GAAP EPS, are considered "Non-GAAP financial measures" under the rules and regulations of the SEC. These financial measures are provided as a complement to financial measures provided in accordance with GAAP. We provide non-GAAP financial measures in order to better assess and reflect operating performance. Management believes the non-GAAP measures help indicate our baseline performance before certain gains, losses or other charges that may not be indicative of our business or future outlook. We believe these non-GAAP measures will aid investors' overall understanding of our results by providing a higher degree of transparency for certain expenses and providing a level of disclosure that will help investors understand how we plan and measure our business. The presentation of non-GAAP measures is not meant to be considered in isolation, as a substitute for, or superior to, financial measures or information provided in accordance with GAAP. The calculations of Adjusted EBITDA margin, Adjusted Operating Income, and non-GAAP EPS are included elsewhere in this release.

Forward-Looking Statements

Certain information contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current management expectations only as of the date of this press release, and involve substantial risks and uncertainties that could cause actual results to differ materially from the results expressed in, or implied by, these forward-looking statements. Statements that include such words as "anticipate," "believe," "estimate," "expect," "forecast," "may," "will," "should" or the negative thereof and similar expressions as they relate to Entegris or our management are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. These risks include, but are not limited to, fluctuations in the market price of Entegris' stock, Entegris' future operating results, other acquisition and investment opportunities available to Entegris, general business and market conditions and other factors. Additional information concerning these and other risk factors may be found in previous financial press releases issued by Entegris and Entegris' periodic public filings with the Securities and Exchange Commission, including discussions appearing under the headings "Risks Relating to our Business and Industry," "Risks Related to our Borrowings", "Manufacturing Risks," "International Risks," and "Risks Related to Owning Our Securities" in Item 1A of our Annual Report on Form 10–K for the fiscal year ended December 31, 2009, as well as other matters and important factors disclosed previously and from time to time in the filings of Entegris with the U.S. Securities and Exchange Commission. Except as required under the federal securities laws and the rules and regulations of the Securities and Exchange Commission, we undertake no obligation to update publicly any forward-looking statements contained herein.

CONTACT: Steve Cantor

         VP of Corporate Relations

         Tel. 978-436-6750

         irelations@entegris.com