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MKS to Announce Third Quarter Results February 26, 2002

Waterloo, ON - February 14, 2002: MKS Inc. (MKS) (TSE:MKX), a leading provider of tools to manage and control the software development process, today announced that it will report earnings for the third quarter 2002 after close of market on February 26, 2002. The company will hold a conference call at 5:00p.m. EST to discuss the third quarter financial results.

Waterloo, ON - February 14, 2002: MKS Inc. (MKS) (TSE:MKX), a leading provider of tools to manage and control the software development process, today announced that it will report earnings for the third quarter 2002 after close of market on February 26, 2002. The company will hold a conference call at 5:00p.m. EST to discuss the third quarter financial results.

Interested parties may access the call by dialing (888) 424-1784 (domestic) or (416) 641-6701 (international). A rebroadcast of the call will be available for one (1) week following the call. The rebroadcast may be accessed by dialing (800) 558-5253, access code 20358485 or (416) 626-4100 and enter access code 20320238.

About MKS
MKS Inc. ("MKS") (TSE:MKX) provides software solutions enabling development teams to analyze, build and deploy traditional and web-based software systems quickly and reliably. The company's award-winning software configuration management (SCM) products offer advanced technology with robust workflow, code management, and impact analysis capabilities. MKS also provides interoperability solutions for UNIX-Windows co-existence, cross-platform development, and system administration that significantly cut development costs and time to market while enabling enhanced performance. Founded in 1984 with over 10,000 customers worldwide, MKS has built its brand on the foundation of advanced technology, superior quality and extraordinary customer service. More information about MKS can be found at http://www.mks.com, or by calling 1-800-265-2797 (US & Canada), +49-711-351775-0 (Germany), and +44-1483-733900 (United Kingdom).

Investor Contact:
Douglas Sawatzky, Chief Financial Offier
MKS Inc.
Phone  519-883-3252
Email dsawatzky@mks.com

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