Advanced Power Technology to Present at the Needham Growth Conference January 7, 2003 in New York City.Energy Editors/Business Editors BEND, Ore.--(BUSINESS WIRE)--Jan. 2, 2003 Company Expects Fourth Quarter Revenues to Be above High End of Prior Guidance Range Advanced Power Technology, Inc. (Nasdaq:APTI APTI Association for Preservation Technology International APTI Air Pollution Training Institute ) announced that Patrick Sireta, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and Greg Haugen Greg Lee Haugen (born August 31, 1960 in Seattle, WA) was an American boxer at Lightweight. Professional career Haugen turned pro in 1982 and won his first 18 fights, including the IBF Lightweight Title with a majority decision over Jimmy Paul in 1986. , CFO See Chief Financial Officer. will speak at the Needham & Company Growth Conference in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. on Tuesday, January 7th at approximately 2:00 pm EST EST electroshock therapy. EST abbr. electroshock therapy . A copy of the slides presented at the Needham conference will be available Tuesday, January 7th, for interested parties to view at the company's web site at http://www.advancedpower.com. In addition, a live webcast of the presentation can be accessed by going to http://www.twst.com/econf/mm/needham3/apti.html. A replay of the webcast will be available for 60 days. The company also announced today that it expects its revenues for the fourth quarter ending December 31, 2002 to be above the upper end of the $10.4 to $11.0 million range previously given at approximately $11.3 million and stated that its book to bill ratio in the fourth quarter of 2002 was expected to be approximately 1.0, compared to a book to bill ratio of 0.82 in the third quarter of 2002. About Advanced Power Technology Advanced Power Technology is a leading supplier of high performance power semiconductors used in the conditioning and control of electrical power. The Company's products are used in communications and data processing, semiconductor capital equipment, industrial/medical, and military/aerospace markets. Important information about Advanced Power Technology, Inc., including press releases and SEC filings, are available at no charge through the Company's Web site at www.advancedpower.com. |
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