For more information, contact:

Peter Gillespie, VP Corporate Sales and Marketing Advanced Energy Industries, Inc. +1.408.284.0272

Advanced Energy's New Ascent^® DC Product Selected to Power High-Growth OLED and Tablet Display Manufacturing Applications

Latest win at major equipment maker demonstrates Ascent’s capabilities for unmatched quality and performance in high-volume flat panel display applications

FORT COLLINS, Colo., September 7, 2011—Advanced Energy Industries, Inc. (NasdaqGM: AEIS) announced today that the company’s Ascent^® DC Power Supply has been selected as the process tool of record by one of the world’s largest suppliers of flat panel manufacturing systems. Orders have been placed under the agreement to support next-generation OLED flat panel and tablet manufacturing in Korea.

Ascent is AE’s newest addition to its market-leading DC power portfolio, and is already gaining momentum in high-growth display markets. Based on over three decades of expertise in DC power technology, Ascent was designed to deliver high levels of reliability and thin-film quality, while ensuring optimized productivity and capital efficiency. At the heart of the system is Advanced Energy’s patented Arc Management Technology^TM, engineered to prevent film damage and enhance process integrity. Ascent supports a wide variety of thin-films applications including solar, flat panel display (FPD), industrial coatings and web coatings.

“Our expanded DC power portfolio is contributing to the expansion of our presence in the rapidly growing flat panel display market,” said Yuval Wasserman, President of AE Thin Films. “Ascent enables next-generation display manufacturing by providing distinct advantages over the competition in both process capability and productivity. As the pace of innovation accelerates to meet the current and future demands of the tablet and mobile display markets, Ascent is well-positioned to extend our leadership in flat panel displays, glass coatings, and solar thin film applications such as copper indium gallium (di)selenide (CIGS) processes.”

For more information on Advanced Energy’s Ascent DC power supply product line, please visit www.advanced-energy.com.


About Advanced Energy
Advanced Energy is a global leader in innovative power and control technologies for high-growth, thin-films manufacturing and solar-power generation. Founded in 1981, Advanced Energy is headquartered in Fort Collins, Colorado, with dedicated support and service locations around the world. For more information, go to www.advanced-energy.com.