News

Advanced Energy Systems Unrelated to AESI Bankruptcy

March 31, 2003 by Jeff Shepard

Advanced Energy Systems Ltd. (Medford, MA), the US subsidiary of Advanced Energy Systems Ltd. (Perth, Australia), issued a clarification regarding the bankruptcy and liquidation of Advanced Energy Systems Inc. (AESI, Wilton, NH). The clarification indicated that the AESI bankruptcy is unrelated to Advanced Energy Systems Ltd. and that, although they share a similar name, the two companies are not connected.