Advanced Energy(R) Celebrates Its 25-Year Anniversary With New Product Launches

Advanced Energy(R) Celebrates Its 25-Year Anniversary With New Product Launches

May 02, 2006

AE(R) Facilities in Germany, the U.K., Japan, Taiwan,
Korea, China and the U.S.A. to Observe the May 5 Date With
Local Celebrations

    FORT COLLINS, Colo., May 2 /Xinhua-PRNewswire/ --
Advanced Energy Industries, Inc. (Nasdaq: AEIS) this week
celebrates the 25th anniversary of the corporation. 
Enterprising co-founder and current Chairman of the Board
Douglas S. Schatz established Advanced Energy, financing
the business with a second mortgage.  AE has since grown
into a publicly traded and globally recognized leader in
innovative power and control technologies that drive
high-growth, plasma thin film and nanotech manufacturing
processes.  AE serves its customers across the globe with
18 facilities in seven countries, including design and
launch centers, a high-volume manufacturing center and
worldwide sales and support offices.  In addition, AE also
serves our global customers through an expert network of
representatives, distributors and partners.

    AE maintains a keen commitment to its customers and the
industries it serves, including the semiconductor, flat
panel display, data storage, solar cell, architectural
glass and other advanced product applications.  Beyond
award-winning technology, world-class support centers and
leading application expertise, AE plans to extend its
commitments to customers by launching new products into
multiple global markets over the next 12 months.  These new
products will offer AE customers competitive advantages and
complement the company's existing portfolio of precise,
flexible power systems; reliable gas and liquid
flow-management systems; accurate thermal instruments; and
global support services.

    To honor the talents and contributions of all of AE's
worldwide employees, each facility will hold its own
celebration on or around May 5. 
 
    Dr. Hans Betz, president and CEO of AE, stated,
"While technology remains the backbone of AE, our
current culture emphasizes partnering with our customers
around the world to proactively understand and address the
issues critical to their success.  This in turn will help
grow our business and our continued success." 

    Historical Snapshot
    In 1981, Mr. Schatz invented AE's first commercial
product, the IT 2500, which greatly improved on the
competitively available products.  Mr. Schatz then
leveraged the core technology in the IT 2500 to develop the
MDX magnetron drive-a power supply more reliable, more
efficient and more than 10 times smaller than any other
commercially available power supply at the time.  In 1983,
the MDX won Industrial Research and Development Magazine's
prestigious "R&D 100" award which honors the
100 most significant inventions in the U.S.A. each year.  

    Since then, AE has enjoyed a 25-year history of
expansion with a lengthy list of technology and business
awards and commercial successes.  The company posted sales
of $325.5 million for the full-year 2005.

    Historical Highlights

           1981  Founded in Colorado, U.S.A. on May 5
           1987  Japanese office opened
           1990  German office opened
           1993  U.K. office opened
           1995  Listed on Nasdaq
           1996  Korean office opened
           1998  RF Power Products acquired
           1999  Taiwan office opened
           2000  China office opened
           2001  Sekidenko acquired
           2002  Aera(R) Corporation acquired 
           2002  Litmas(TM) acquired 
           2002  Dressler(R) acquired

    About Advanced Energy
    Advanced Energy is a global leader in the development
and support of technologies critical to high-technology
manufacturing processes used in the production of
semiconductors, flat panel displays, data storage products,
compact discs, digital video discs, architectural glass and
other advanced product applications. 

    Leveraging a diverse product portfolio and technology
leadership, AE creates solutions that maximize process
impact, improve productivity and lower cost of ownership
for its customers.  This portfolio includes a comprehensive
line of technology solutions in power, flow management,
thermal instrumentation and plasma and ion beam sources for
original equipment manufacturers (OEMs) and end-users around
the world. 

    AE operates in regional centers in North America, Asia
and Europe and offers global sales and support through
direct offices, representatives and distributors.  Founded
in 1981, AE is a publicly held company traded on the Nasdaq
National Market under the symbol AEIS.  More information can
be found at www.advanced-energy.com

    Advanced Energy(R), AE(R), Aera(R), Litmas(TM) and
Dressler(R) are trademarks of Advanced Energy Industries,
Inc. 

SOURCE  Advanced Energy Industries, Inc.
    -0-                             05/02/2006
    /CONTACT:  Marna Shillman, Corporate Communication
Manager, 
[phone], [e-mail], or Cathy Kawakami,
Investor Relations Director, [phone],
[e-mail], both of Advanced Energy Industries,
Inc./
    /Web site:  http://www.advanced-energy.com /
    (AEIS)