BNET Industries

Market Cap:$494.6M
Last Fiscal Year Sales:$328.9M
  • Public
  • US
Dow Jones Description

We design, manufacture, sell and support industrial power conversion products that transform power into various usable forms. Our products enable manufacturing processes that use thin-film deposition for various products, such as semiconductor devices, flat panel displays, solar panels and architectural glass, as well as grid-tie power conversion in the solar market. We also supply gas flow control technology and thermal instrumentation products for control and detection of gases in the thin-film deposition process for these same markets. Our network of global service support centers provides local repair and field service capability in key regions. Our installed base provides a recurring revenue opportunity as we offer repair services, conversions, upgrades and refurbishments to companies using our products. Our results historically have been driven primarily by worldwide demand for consumer electronic products that utilize semiconductors, flat panel displays, magnetic or optical storage, and industrial products such as solar panels and architectural glass. Our business is subject to cyclical industry conditions, as demand for manufacturing equipment and services can change depending on supply and demand for semiconductor devices, solar panels, flat panel displays and other electronic devices, as well as other factors, such as global economic and market conditions, and technological advances in fabrication processes. ...

President and Chief Executive Officer
Hans Georg Betz
Number of Employees 1,679
Contact Information

1625 Sharp Point Dr

Fort Collins, Colorado 80525-4423

advanced-energy...

(970) 221-4670

NAICS Code Other Electronic Component Manufacturing: 334419

Recent Events

  • Newbridge Securities Corporation Initiates Coverage of the Semiconductor Equipment Sector, Including AEIS, AMAT, BRKS, MKSI...

    11/04/09 - Bond / Stock Rating - View Story

  • Advanced EnergyR and SGEG Announce Agreement to Market SolaronR Inverters in China Strategic agreement with...

    10/28/09 - Joint Venture / Alliance - View Story

  • Advanced EnergyR Introduces the SolaronR 250 Photovoltaic Inverter AE's American-built 250 kW inverter ideal for...

    10/28/09 - Product Announcement - View Story

  • Advanced Energy® Introduces the SOLARON® 250 Photovoltaic Inverter

    11/07/09 - Product Announcement - View Story

  • Advanced Energy Announces 45.5% Sequential Revenue Growth in Third Quarter 2009 Results

    10/28/09 - Financial Announcement - View Story

  • Advanced EnergyR and Suntech Announce Multi-Year Agreement for SolaronR Inverter Solutions AE inverter solutions selected...

    10/21/09 - Joint Venture / Alliance - View Story

  • Advanced EnergyR Introduces a European Version of SolaronR 500 kW Photovoltaic Inverter

    9/15/09 - Product Announcement - View Story

  • Advanced Energy Announces Second Quarter 2009 Results

    7/23/09 - Financial Announcement - View Story

News & Analysis

advanced energy industries inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Hans Georg Betz President and Chief Executive Officer
Hans-Georg Betz Chief Executive Officer
C Steve Rhoades Chief Operating Officer
Craig Jeffries Chief Marketing Officer & Executive Vice President
Frederick A. Ball Chief Financial Officer for Webroot
Lawrence D. Firestone Chief Financial Officer
Yuval Wasserman Executive Vice President, Sales, Service and Mkting
James Guilmart Senior Vice President, Sales
Elwood Spedden Vice President of Kla, Tencor Semiconductor
Charles S. Rhoades Senior Vice President & General Manager, Csi
Douglas S. Schatz Co-Founder
Marna Shillman Director, Global Marketing Communications
Jay L. Margulies Secretary
John D Pirnot General Counsel and Secretary
Barry Z. Posner Director

Board of Directors

Name (plus bio) Position
Joseph R. Bronson Chairman
Richard P. Beck Chairman
Arthur A. Noeth Board of Directors
Edward C. Grady Board of Directors
Gerald M. Starek Board of Directors
Robert L. Bratter Board of Directors
Thomas M. Rohrs Board of Directors
Trung Doan Board of Directors

Organization Position Status
Advanced Energy Industries, Inc. President and Chief Executive Officer Current
Mattson Technology, Inc. Director Current
Advanced Energy Industries, Inc. Board of Directors Current

has served as a director since January 2001. Dr. Betz also serves as Chairman of the Company's Compensation Committee. Since August 2005, Dr. Betz has served as President and Chief Executive Officer of Advanced Energy Industries, Inc. Dr. Betz served as Chief Executive Officer of West STEAG Partners from August 2001 until August 2005, as Chairman of the Management Board and Chief Executive Officer of STEAG Electronic Systems AG from January 1996 to July 2001, and as a member of the Management Board of STEAG Electronic Systems AG from October 1992 to July 2001. Dr. Betz served as a member of the Management Board of STEAG AG from January 1997 to July 2001.

Organization Position Status
Advanced Energy Industries, Inc. Chief Executive Officer Current
Mattson Technology, Inc. CEO, Advanced Energy Current
Advanced Energy Industries, Inc. President Current
Advanced Energy Industries, Inc. Board of Directors Current
Mattson Technology, Inc. Board of Directors Current

Organization Position Status
Advanced Energy Industries, Inc. Chief Operating Officer Current

Organization Position Status
Advanced Energy Industries, Inc. Chief Marketing Officer & Executive Vice President Current

Frederick A. Ball currently serves as chief financial officer for Webroot, a software security company. He is also a member of the Board of Directors of Electro Scientific Industries, a provider of photonic and laser systems for micro-engineering applications, and serves as a member of their audit committee. Mr. Ball's past positions include senior vice president and chief financial officer of Big Band Networks, a provider of network platforms for broadband multimedia services. He also held various executive positions at Borland Software Corporation, a provider of enterprise software development solutions, including chief financial officer and executive vice president of corporate development and mergers and acquisitions. In addition, Mr. Ball worked at KLA-Tencor Corporation, a manufacturer of semiconductor equipment, where he served as vice president, mergers and acquisitions, and vice president of finance. Mr. Ball holds a Bachelor of Science degree in accounting and spent 11 years as a CPA at PricewaterhouseCoopers (PwC).

Organization Position Status
Advanced Energy Industries, Inc. Chief Financial Officer for Webroot Current
BigBand Networks, Inc. Chief Financial Officer Current
Webroot Software, Inc. Chief Financial Officer Current
Advanced Energy Industries, Inc. Board of Directors Current
Electro Scientific Industries, Inc. Board of Directors Current
Borland Software Corporation executive vice president of corporate development and mergers Former
BigBand Networks, Inc. Senior Vice President Former
KLA-Tencor Corporation Vice President of Finance Former
PricewaterhouseCoopers audit senior manager Former

Lawrence D. Firestone joined Advanced Energy in August 2006 as executive vice president and chief financial officer. He was most recently chief financial officer at Applied Films Corporation, a $240 million thin-film deposition equipment provider based in Longmont, Colorado, where he lead several strategic initiatives such as global manufacturing, gross margin improvement, acquisition strategy, integration, and public market financing. Prior to joining Applied Films, Mr. Firestone served as vice president and chief operating officer of Avalanche Industries, an electronics manufacturing services company located in Colorado Springs, Colorado. Earlier, he held finance and operations positions at Woolson Spice and Coffee Company, TechniStar Corporation and Colorado Manufacturing Technology, Inc. in addition to consulting work for several early-stage technology companies. Mr. Firestone currently serves on the board of directors, and is the chairman of the audit committee of Amtech Systems, Inc., a publicly held semiconductor equipment company.

Organization Position Status
Advanced Energy Industries, Inc. Chief Financial Officer Current
Pressure-Insensitive Mfcs Chief Financial Officer Current
Pressure-Insensitive Mfcs Board of Directors Current
Advanced Energy Industries, Inc. Board of Directors Current
Applied Films Corporation Chief Financial Officer Former
Coffee Company, Ltd. Former
Amtech Systems, Inc. Chairman Current

Organization Position Status
Advanced Energy Industries, Inc. Executive Vice President, Sales, Service and Mkting Current
Pressure-Insensitive Mfcs Executive Vice President of Sales, Marketing, and Services Current
Tevet Process Control Technologies, Inc Chief Executive Officer Former
Tevet Process Control Technologies, Inc President Former
National Semiconductor Corporation Former
A&G Associates Former
Ben-Gurion University of the Negev Bsc. In Chemical Engineering Former

Organization Position Status
Advanced Energy Industries, Inc. Senior Vice President, Sales Current

Organization Position Status
Pressure-Insensitive Mfcs Vice President of Kla, Tencor Semiconductor Current
Advanced Energy Industries, Inc. Vice President of Kla, Tencor Semiconductor Current
Advanced Energy Industries, Inc. Chairman Current
Pressure-Insensitive Mfcs Board of Directors Current
Photon Dynamics, Inc. Chief Executive Officer Former
Credence Systems Corp. President, Chief Executive Officer Former
Advanced Energy Industries, Inc. Board of Directors Former
Credence Systems Corp. Vice-Chairman Former
Photon Dynamics, Inc. Board of Directors Former

Organization Position Status
SatCon Technology Corporation President & CEO Current
Advanced Energy Industries, Inc. Senior Vice President & General Manager, Csi Current
Instrumentation.Com Senior Vice President Current
Control Systems Co. Senior Vice President Current
Control Systems Co. General Manager Current
Instrumentation.Com General Manager Current
SatCon Technology Corporation Board of Directors Current
Advanced Energy Industries, Inc. Chief Operating Officer Former
Advanced Energy Industries, Inc. Executive Vice President Former
Lam Research Corporation Managing Director of Product Development Former
University of Illinois Former

Organization Position Status
Engineering Measurements Co. President Current
Advanced Energy Industries, Inc. Co-Founder Current
Advanced Energy Industries, Inc. Chairman, President & CEO Former

Organization Position Status
Advanced Energy Industries, Inc. Director, Global Marketing Communications Current
Advanced Energy Industries, Inc. Board of Directors Current

Organization Position Status
Advanced Energy Industries, Inc. Secretary Current
Advanced Energy Industries, Inc. Secretary Former

Organization Position Status
Advanced Energy Industries, Inc. General Counsel and Secretary Current
Advanced Energy Industries, Inc. Board of Directors Current

Organization Position Status
Svtc Technologies, LLC. Chief Executive Officer Current
Advanced Technology Development Facility, Inc. Chief Executive Officer Current
Maxim Integrated Products, Inc. Chairman Current
Advanced Energy Industries, Inc. Chairman Current
Jacobs Engineering Group, Inc. Audit Committee Chair Current
Maxim Integrated Products, Inc. Director Current
Sanmina-SCI Corporation Board of Directors Current
Sanmina-SCI Corporation President Former
California Inc Board of Directors Current
Sanmina-SCI Corporation Chief Operating Officer Former
Svtc Technologies, LLC. Board of Directors Current
American Institute of Certified Public Accountants Member Current
FormFactor, Inc. Member, Office of the CEO Former
Jacobs Engineering Group, Inc. Director Current
Applied Materials, Inc. Chief Financial Officer Former
Applied Materials, Inc. Executive Vice President Former
Schlumberger Limited Group Controller Former
FormFactor, Inc. Board of Directors Former
Fairfield University B.A. Former

Organization Position Status
TTM Technologies, Inc. Chairman Current
Advanced Energy Industries, Inc. Chairman Current
TTM Technologies, Inc. Director Current
Applied Films Corporation Board of Directors Current
Advanced Energy Industries, Inc. Chief Financial Officer Former
Cimage Corporation Chief Financial Officer Former
Cimage Corporation Executive Vice President Former
Advanced Energy Industries, Inc. Senior Vice President Former
Applied Films Corporation Chairman of the Board Former
Babson College Master of Business Administration Former
Babson College Bachelor of Science In Accounting Former

Organization Position Status
Advanced Energy Industries, Inc. Board of Directors Current

Organization Position Status
Advanced Energy Industries, Inc. Director Current

Organization Position Status
Finesse Solutions President and Chief Executive Officer of Brooks Automation Current
Integrated Materials, Inc. President and CEO, Brooks Automation Current
Sunnyvale Heritage Park Museum Fund Raising Co-Chair & Strategic Planner Current
Finesse Co Board of Directors Current
Molecular Imprints, Inc. Board of Directors Current
Finesse Solutions Board of Directors Current
Electro Scientific Industries, Inc. Board of Directors Current
Advanced Energy Industries, Inc. Board of Directors Current
Verigy Ltd. Board of Directors Current
Brooks Automation, Inc. Board of Directors Current
Evergreen Solar, Inc. Board of Directors Current
New Wave Research Incorporated Board Member Current
Integrated Materials, Inc. Board Member Current
KLA-Tencor Corporation CEO Former
KLA-Tencor Corporation president Former
Propel Partners Partner Former
Propel Partners Principal Former
The University of Houston MBA Former
Southern Illinois University Bachelor of Science Degree In Engineering Former

Organization Position Status
Advanced Energy Industries, Inc. Board of Directors Current

Organization Position Status
Advanced Energy Industries, Inc. Board of Directors Current

Thomas Rohrs was appointed as a Director of the Company in December 2004. He became Chairman of the Board and CEO in April 2006 and in February 2009 he became Executive Chairman of the Board. Mr. Rohrs presently serves on the board of Magna Design Automation, Inc., Ultraclean Technologies, and several private companies. In addition, he is an adviser and consultant to a number of companies both public and private. Mr. Rohrs spent five years with Applied Materials Inc., most recently as Senior Vice President, Global Operations, and was also a member of the company’s Executive Committee. Prior to that, he held executive positions with Silicon Graphics, MIPS Computer Systems and Hewlett-Packard Company’s Personal Computer Group. Mr. Rohrs holds a masters degree from Harvard Business School and a bachelors degree in Mechanical Engineering from Notre Dame Unitversity.

Organization Position Status
Electroglas Inc. Interim Chief Executive Officer Current
Vignani Technologies Pvt Ltd Chairman Current
Electroglas Inc. Chairman Current
Pressure-Insensitive Mfcs Board of Directors Current
Magma Design Automation Inc. Board of Directors Current
Ultraclean Technologies Corp Board of Directors Current
Ultraclean Director Current
MKS Ion Systems Board of Directors Current
Ultra Clean Technology Director Current
Advanced Energy Industries, Inc. Board of Directors Current
Advanced Energy Industries, Inc. Chairman and Chief Executive Officer of Electroglas, Inc. Former
MIPS Technologies, Inc. Senior Vice President, Manufacturing and Customer Service Former
Applied Materials, Inc. Senior Vice President, Global Operations Former
Hewlett-Packard Company group operations manager Former
Applied Materials, Inc. Senior Advisor Former
Electroglas Inc. Board of Directors Former
Harvard University MBA Former

Organization Position Status
Pressure-Insensitive Mfcs Board of Directors Current
Advanced Energy Industries, Inc. Board of Directors Current
University of California Bachelor of Nuclear Engineering With Honors Former

Executive News

  • Advanced Energy to Webcast Investor Presentations in September 2009

    PR Newswire - 9/02/09 - View Story

  • siXis partners with SVTC to commercialize silicon circuit boards

    Advanced Packaging - 8/25/09 - View Story

  • siXis Partners With SVTC to Commercialize Breakthrough Computing Modules

    Reuters - 8/24/09 - View Story

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     AEIS $11.77 +0.30 (2.62% )
Average Volume 297,350
Shares Outstanding 42.03M
Market Cap 494.7M
Year High 14.58
Year Low 5.36
Earnings Per Share -2.92
P/E Ratio -4.03
Dividend N/A
Yield N/A
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