Edward C. Grady is Elected to Advanced Energy Board of Directors
May 12 2008 - 4:05PM
PR Newswire (US)
FORT COLLINS, Colo., May 12 /PRNewswire-FirstCall/ -- Advanced
Energy Industries, Inc. (NASDAQ:AEIS) today announced that Edward
C. Grady was elected by the stockholders as a new director on May
7, 2008. Mr. Grady currently serves on the Board of Directors of
Evergreen Solar, Inc., a developer and manufacturer of solar panels
and other solar energy products; Verigy Ltd., a provider of
automated test systems for the semiconductor industry; and Electro
Scientific Industries, Inc., a supplier of production equipment for
micro-engineering applications. Hans Betz, president and chief
executive officer of Advanced Energy, said, "We are pleased to
welcome Ed to our Board. His extensive experience in our markets,
particularly the solar market, will benefit Advanced Energy as we
continue to grow." Mr. Grady was the president and chief executive
officer of Brooks Automation, Inc., a leading worldwide provider of
automation solutions to the global semiconductor and related
industries, until his retirement October 2007, and continues to
serve as a senior executive consultant. Prior to joining Brooks he
was a partner at Propel Partners, a venture firm in Palo Alto,
California. Prior to this he ran several divisions at KLA-Tencor
and helped to grow the business to a level in excess of $1 billion
in revenues. Before KLA-Tencor, he served as president and CEO of
Hoya Micro Mask for three years. He started his career as an
engineer for Monsanto/MEMC, and during his 13 years with the
company, rose to the position of vice president of worldwide sales
for EPI, the most profitable division in MEMC. About Advanced
Energy Advanced Energy(R) develops innovative power and control
technologies that enable 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. Advanced Energy(R)
also develops grid connect inverters for the solar energy market.
http://www.newscom.com/cgi-bin/prnh/20030825/AEISLOGO
http://photoarchive.ap.org/ DATASOURCE: Advanced Energy Industries,
Inc. CONTACT: Lawrence D. Firestone, +1-970-407-6570, , or Annie
Leschin or Brooke Deterline, +1-970-407-6555, , all of Advanced
Energy Industries, Inc. Web site: http://www.advanced-energy.com/
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