FMC Technologies Signs Contract with Federal University of Rio de Janeiro to Construct Technology Center in Brazil

HOUSTON, July 6 /PRNewswire-FirstCall/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed a contract with the Federal University of Rio de Janeiro (UFRJ) to build a world-class technology center in Brazil.

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FMC's Brazil Technology Center will be located on campus at UFRJ Technology Park in Rio de Janeiro, an area that has been designated as the hub of the country's future oil and gas technology developments. The building will contain engineering offices, technical training and design areas, research and development laboratories, and the capability for full-scale prototype integration and testing of subsea systems. Construction of the center will begin this month and it is expected to open in the first half of 2011.

"This contract provides FMC an expanded presence in Brazil and the ability to play a significant role in the development of technologies for Brazil's deepwater and pre-salt environments," said John Gremp, FMC's President and Chief Operating Officer. "The location of the Technology Center, inside the University campus, will create a collaborative environment and enable access to the very best of Brazil's academia."

FMC Technologies' presence in Brazil dates back to 1956 and currently includes two manufacturing facilities in Rio de Janeiro and one service base in Macae.

FMC Technologies, Inc. (NYSE: FTI) is a leading global provider of technology solutions for the energy industry. Named by FORTUNE® Magazine as the World's Most Admired Oil and Gas Equipment, Service Company in 2010, the Company has approximately 10,400 employees and operates 25 production facilities in 15 countries. FMC Technologies designs, manufactures and services technologically sophisticated systems and products such as subsea production and processing systems, surface wellhead systems, high pressure fluid control equipment, measurement solutions, and marine loading systems for the oil and gas industry. For more information visit www.fmctechnologies.com.

This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are information of a non-historical nature and are subject to risks and uncertainties that are beyond the Company's ability to control.  These risks and uncertainties are described under the caption "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2009 and may be modified in subsequent quarterly reports filed by the Company with the Securities and Exchange Commission that may be accessed on the Company's website.  The Company cautions shareholders and prospective investors that actual results may differ materially from those indicated by the forward-looking statements.

SOURCE FMC Technologies, Inc.