FSI International, Inc. Announces Proposed Public Offering of its Common Stock

FSI International, Inc. (Nasdaq: FSII), a manufacturer of capital equipment for the microelectronics industry, today announced that the Company intends to offer shares of its common stock in an underwritten public offering. The Company intends to use the net proceeds from this offering for general corporate and working capital purposes. Craig-Hallum Capital Group LLC is serving as the sole book-running manager for the offering and Dougherty & Company LLC is serving as the co-manager.

The shares will be issued pursuant to a shelf registration statement that was previously filed with the Securities and Exchange Commission (the “SEC”) and was declared effective on April 12, 2010. A prospectus supplement relating to the offering will be filed in accordance with the rules and regulations of the SEC. When available, copies of the prospectus supplement and accompanying base prospectus for the offering may be obtained from the SEC’s website, www.sec.gov, or from Craig-Hallum Capital Group LLC, 222 South Ninth Street, Suite 350, Minneapolis, Minnesota 55402 at 612-334-6300.

This press release is for informational purposes only and is not an offer to sell or the solicitation of an offer to buy any security of the Company, nor will there be any sale of such security in any state or jurisdiction in which such offer, sale or solicitation would be unlawful. The offering may be made only by means of a prospectus supplement and the accompanying base prospectus or by a free writing prospectus in accordance with the rules and regulations of the SEC.

About FSI

FSI International, Inc. is a global supplier of surface conditioning equipment, technology and support services for microelectronics manufacturing. For more information, visit FSI’s website at http://www.fsi-intl.com, or call Benno Sand, 952.448.8936.

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