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Advanced Energy Industries
Financial Relations Board/San Francisco
Advanced Energy Signs Three-Year Supply Contract with Leading Semiconductor Equipment Company: Potential Value of Contract Exceeds $180 Million
FORT COLLINS, Colorado (May 6, 1998)
—Advanced Energy Industries, Inc. (Nasdaq:AEIS) has signed a three-year contract with a leading semiconductor equipment company to provide a complete range of DC, Radio Frequency (RF) and mid-frequency power conversion systems and matching networks for use in PVD, HDPCVD, CVD and etch. Should this customer purchase all of the defined products in the quantities estimated in the contract, the potential value of the contract would exceed $180 million. This is a renewal of a previous three-year contract.