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ESI Announces New Board Roles

PORTLAND, Ore.--(BUSINESS WIRE)--Electro Scientific Industries, Inc. (Nasdaq: ESIO), the premier source for innovative laser-based manufacturing solutions for the microtechnology industry, today announced that Richard H. Wills has been appointed Vice Chairman of the Board of Directors. It is anticipated that Mr. Wills will be appointed Chairman of the Board prior to ESI's next annual meeting in August 2015 when the term of Jon Tompkins, the current Chairman of the Board, will expire. Mr. Tompkins is prohibited from being elected as a director for another term due to the age limitations in the Company's Corporate Governance Guidelines. Also, effective immediately, current Board member David Nierenberg will succeed Mr. Tompkins as Chairman of the Governance and Nominating Committee.