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TEGAM Receives Hubzone Certification from U.S. Small Business Administration

Posted January 23, 2006

Advanced Energy's TEGAM is pleased to announce that it has been certified as a qualified HUBZone small business concern by the U.S. Small Business Administration (SBA). The SBA’s HUBZone Empowerment Contracting Program seeks to create jobs and stimulate economic development in urban and rural communities that have been designated as Historically Underutilized Business Zones. Certification is awarded to small businesses that, among other qualifications, maintain a principal office in a HUBZone and employ staff that lives in one of these specially designated areas. TEGAM’s certification means that it is now eligible to receive HUBZone contracting opportunities under the North American Industry Classification System (NAICS) Code 334515, Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals. TEGAM can also receive contracts that it is qualified to perform under other NAICS Codes. Contractors are encouraged to contact TEGAM to discuss these opportunities. “This certification provides TEGAM access to preferred federal contracts and the opportunity to create additional jobs for the people of Ashtabula County,” comments Adam Fleder, president of TEGAM, Inc. “In addition, we can help some of our customers who are large federal contractors meet their HUBZone subcontracting goals.” 

For more information, contact us or visit our website.

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About Advanced Energy

Advanced Energy Industries, Inc. (Nasdaq: AEIS) is a global leader in the design and manufacture of highly engineered, precision power conversion, measurement and control solutions for mission-critical applications and processes. Advanced Energy’s power solutions enable customer innovation in complex applications for a wide range of industries including semiconductor equipment, industrial production, medical and life sciences, data center computing, networking and telecommunications. With engineering know-how and responsive service and support for customers around the globe, the company builds collaborative partnerships to meet technology advances, propels growth of its customers and innovates the future of power. Advanced Energy has devoted four decades to perfecting power. It is headquartered in Denver, Colorado, USA.

For more information, visit www.advancedenergy.com.

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