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Advanced Energy Receives Nasdaq Confirmation of Compliance

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Advanced Energy Industries, has received notification from the NASDAQ, that the company's stock will continue to be listed on the exchange.

Previously Nasdaq had notified the company that it was not in compliance with the requirement for an attestation on internal control from its independent auditor.

Company management and auditors have to attest to the effectiveness of internal control for section 404 of the Sarbanes-Oxley Act. Nasdaq Marketplace Rule 4310(c)(14) applied in that instance.

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