Advanced Energy(R) Provides Multiple Summit(R) DC Power Systems to Leading European Solar-Cell Equipment Maker

Continued Adoption of AE(R)'s Power Systems Reinforces Capability to Enable

Increased Throughput to Meet the Rising Demand for Thin-Film Solar-Cell


Jul 18, 2006, 01:00 ET from Advanced Energy Industries, Inc.

    FORT COLLINS, Colo., July 18 /PRNewswire-FirstCall/ -- Advanced Energy
 Industries, Inc. (Nasdaq:   AEIS) today announced it has received a
 multiple-system order from a leading European provider of solar-cell
 manufacturing equipment. This customer ordered four Summit(R) DC power
 systems for physical vapor deposition (PVD) applications based on their
 success with AE Pinnacle(R) DC products. AE's Summit family optimizes
 critical zinc-oxide-layer deposition processes with its advanced arc
 management, enabling higher-quality manufacturing with greater throughput
 and yields. The Summit power systems have been delivered to the customer's
 facility in Europe, where they will be integrated into manufacturing
 equipment to be shipped to a solar-cell maker based in Germany.
     (Logo: )
     Industry sources estimate that currently over 90 percent of solar cells
 are manufactured using non-thin-film processes with silicon wafers and
 other thick substrates. By 2007, production of solar technology will grow
 by 18 percent with a substantial portion of the growth coming from
 thin-film solar panels, according to a report from investment bank Piper
 Jaffray. AE's DC power systems enable solar photovoltaic (PV) thin-film
 processes by reducing the requirement for large quantities of increasingly
 scarce and expensive silicon for high-volume solar-cell production. As the
 industry attempts to lower system costs, thin-film technology is providing
 cost efficiencies to meet the escalating demand of the high-growth,
 thin-film solar-cell market.
     "We are very pleased by the rapid adoption of our power systems within
 the thin-film solar-cell market sector," noted Dr. Hans Betz, Advanced
 Energy president and CEO. "Our collaborative partnerships with equipment
 OEMs help us to understand their specific requirements and allow us to
 provide them with enabling products that optimize their critical processes
 for thin-film solar-cell manufacturing. This market's projected growth
 represents a significant opportunity for our process-optimization
 solutions, and we look forward to continuing our development efforts in the
 area of solar power."
     One critical process for thin-film solar-cell production is transparent
 conductive oxide (TCO) layer deposition. Key to depositing a successful TCO
 layer is the arc management within the PVD process step. The Summit DC
 power system offers state-of-the-science arc management-managing 4,000 arcs
 per second to allow use of targets with cost-effective, relaxed-material
 requirements. This results in high repeatability and precision for tight
 plasma process control for consistently higher yields. It accommodates all
 regional input voltages, enabling superior operating flexibility in the
 vast majority of electricity supply circumstances, including brownouts.
 Integration of AE's Summit DC 50 kW power system allows this leading
 customer's manufacturing equipment to provide higher quality and greater
 yields for thin-film solar-cell manufacturing.
     About Advanced Energy(R)
     Advanced Energy(R) develops innovative power and control technologies
 that drive high-growth, plasma thin-film manufacturing processes worldwide,
 including semiconductors, flat panel displays, data storage products, solar
 cells, architectural glass and other advanced product applications.
     AE(R)'s product portfolio includes precise, flexible power systems;
 reliable gas and liquid flow-management systems; accurate thermal
 instruments; and global support services. Leveraging this focused product
 portfolio and technology leadership, AE creates solutions aimed at
 maximizing process impact, improving productivity and lowering cost of
 ownership for its customers, including 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
 Nasdaq Global Market under the symbol AEIS.
     For more information, go to
     Advanced Energy(R), AE(R), Pinnacle(R) and Summit(R) are trademarks of
 Advanced Energy Industries, Inc.

SOURCE Advanced Energy Industries, Inc.