FMC Technologies Earns Spotlight on New Technology Award for Its Enhanced Vertical Deepwater Tree

FMC Technologies, Inc. (NYSE:FTI) was presented with a 2008 Spotlight on New Technology Award during a ceremony held today at the 2008 Offshore Technology Conference (OTC) in Houston. The award, which honors companies that develop innovative technologies that significantly impact offshore exploration and production, recognized FMC Technologies’ innovative Enhanced Vertical Deepwater Tree (EVDT). The EVDT is considered a new global standard for vertical completion systems used in the development and production of subsea oil fields. The EVDT has a number of innovative features that provide versatility, installation savings, and operational efficiencies to the development of ultra-deepwater fields. For example, the EVDT allows ultra-deepwater completions to be performed from a small drilling rig that contains a surface blow out preventer (BOP), which results in cost avoidance by eliminating the need for expensive rigs during completion. This benefit alone can yield savings of up to $15 million per well for customers. The EVDT also allows for flexibility in installing tubing hangers, permitting a customer to either use a tubing head or to simply land the tubing hanger directly into a wellhead without the need for a tubing head. This results in a more efficient installation when completion and drilling operations are conducted and does not require a customer to retrieve the subsea BOP and riser. Another benefit of the EVDT is that a retrievable flow module and flow meter are incorporated into the design. This feature significantly reduces – from a matter of days to a matter of hours – the amount of production downtime a customer would experience during the performance of maintenance and meter replacement. "We are very honored to receive such a prestigious award,” said Peter Kinnear, President and Chief Executive Officer of FMC Technologies. "The EVDT system was developed by a multi-national team to global standards, and it represents the type of competitive advantages our people and our technologies can bring to our customers. The benefit to our customer base can be tremendous since our standards and operations allow for the EVDT system to be produced at every subsea FMC manufacturing facility throughout the world.” The 2008 Offshore Technology Conference will be held from May 5 through May 8 at the Reliant Center in Houston. The OTC is the premier offshore industry event for professionals, service industries and suppliers to gather and discuss common issues of ocean resource development as well as technological innovations and forums on economic, social, and political aspects of resource development and environmental protection. FMC Technologies, Inc. (NYSE:FTI) is a leading global provider of technology solutions for the energy industry and other industrial markets. The Company 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. The Company also produces food processing equipment for the food industry and specialized equipment to service the aviation industry. Named by FORTUNE Magazine as America’s Most Admired Oil and Gas Equipment, Service Company in 2005, 2006 and 2008, FMC Technologies employs approximately 13,000 people and operates 33 manufacturing facilities in 19 countries. 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, 2007 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.