Advanced Energy Announces a Public Offering of Common Stock
August 03 2005 - 5:00PM
PR Newswire (US)
FORT COLLINS, Colo., August 3 /PRNewswire-FirstCall/ -- Advanced
Energy Industries, Inc. (NASDAQ:AEIS) announced today its plan to
offer and sell 10 million shares of its common stock in an
underwritten public offering pursuant to its effective shelf
registration statement previously filed with the Securities and
Exchange Commission. Advanced Energy expects to grant an option to
the underwriters to purchase up to 1,500,000 additional shares of
common stock solely to cover over-allotments. All of the shares
will be sold by Advanced Energy. (Logo:
http://www.newscom.com/cgi-bin/prnh/20030825/AEISLOGO) Citigroup
Global Markets Inc. is acting as the sole book runner and is the
joint lead with Lehman Brothers for the offering announced today.
Adams Harkness, Inc. and Needham & Company, LLC are
co-managers. This press release does not constitute an offer to
sell or the solicitation of an offer to buy, nor shall there be any
sale of these securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such jurisdiction.
The offering will be made only by means of a prospectus supplement
and the accompanying prospectus. A preliminary prospectus
supplement and the accompanying base prospectus will be filed with
the Securities and Exchange Commission and will be available on the
SEC's website at http://www.sec.gov/. Copies of the preliminary
prospectus supplement and accompanying base prospectus also are
available from Citigroup Global Markets Inc. at Brooklyn Army
Terminal, 140 58th Street, 8th Floor, Brooklyn, NY 11220 or
718-765-6732. 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. http://www.newscom.com/cgi-bin/prnh/20030825/AEISLOGO
http://photoarchive.ap.org/ DATASOURCE: Advanced Energy Industries,
Inc. CONTACT: Mike El-Hillow, Executive Vice President, Chief
Financial Officer, +1-970-407-6570, , or Cathy Kawakami, Director,
Corporate & Investor Relations, +1-970-407-6732, , both of
Advanced Energy Industries, Inc.
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