ARTESYN Targets Disc Storage Applications With New AC/DC Power Supply; Sets New Standard for Fast-Growing Market.

Business Editors/Technology Writers

BOCA RATON, Fla.--(BUSINESS WIRE)--May 23, 2000

To address the fast growing disc storage marketplace, Artesyn Technologies, Inc. (Nasdaq:ATSN) today announced the introduction of a 350-watt, high-current AC/DC standard power supply designed specifically for this market. Target applications include redundant array of independent disc (RAID) storage used in storage area network systems and SCSI based disc array systems.

Joseph O'Donnell, Chairman and CEO of Artesyn Technologies, stated, "Artesyn continues to focus its development efforts on the fastest growing sectors of the communications industry, including mass storage. Up to now, custom-designed products have primarily served the AC/DC disk array storage market. We believe the CRV375 is the first 'off-the-shelf' solution that specifically addresses the needs of this market. Additionally, we are expanding this product family to specifically address the needs of disc storage OEM's by adding a full range of power levels and product feature sets."

Artesyn Technologies is one of the leading suppliers of power products and power system solutions to the communications industry. It provides a full range of AC/DC power supplies, DC/DC converters and ring generators. With one of the largest engineering organizations in the industry, Artesyn Technologies provides a catalog offering of over 1,200 standard products, modification centers to rapidly deliver cost-effective variations of these products, and world-class custom-design capabilities.

Artesyn Technologies, Inc., headquartered in Boca Raton, Fla., is a leading provider of power conversion equipment, real-time systems and logistics management for the communications industry. For more information about Artesyn Technologies and its products, please visit the Company's Web site at http://www.artesyn.com.

This release may contain certain forward-looking statements that involve certain risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by the Company with the Securities and Exchange Commission, specifically the most recent reports on Form S-4 and Forms 10-K and 10-Q, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including, but not limited to, integration of operations and technology, market acceptance of existing and new products, dependence on and volatility of foreign sales, the potential for fluctuations in operating results, and the volatility of the trading price of the Company's stock.