WILMINGTON, Mass. - September 24, 2008 - Advanced Electron Beams (AEB), which enables the green factory of the future by making sustainability possible and profitable for manufacturers, today announced that Jim Hoffmaster has joined the company as senior vice president of engineering and operations.

"This is a pivotal time for our company as the drive for energy efficiency and clean, green business practices takes deeper root within global industries," said Mitch Tyson, CEO, Advanced Electron Beams.  "Jim has a track record of success in rapidly growing markets, and his experience will be critical to our company as we rapidly scale our business and strive to make the green factory of the future a reality."

As the senior vice president of engineering and operations, Hoffmaster oversees engineering, manufacturing, supply chain and field support.  He brings a broad range of operating management experience and a track record of taking innovative industrial products to market, establishing technological leadership and building a world-class manufacturing capability.

"Advanced Electron Beams has revolutionized traditional industrial processing with one of the world's most efficient and clean forms of industrial process energy," said Jim Hoffmaster, senior vice president of engineering and operations, Advanced Electron Beams.  "With this disruptive technology, we can dramatically lower energy costs and reduce negative environmental impacts, and this ultimately produces higher-quality, more eco-friendly products.  It's exciting to be part of a company that will literally help build a cleaner future for businesses around the world."

Prior to joining Advanced Electron Beams, Hoffmaster spent six years as chief operating officer of Cognex Corporation.  Under Hoffmaster's leadership, Cognex doubled the rate at which new products were brought to market, raised product quality and established leading positions in new, fast-growing markets.  Additionally, Hoffmaster has served as senior vice president, then president, of Emerson's Systems Division, vice president of engineering for Harris Graphics, vice president of research and development for Otis Elevator and vice president of engineering for Bailey Controls.

About Advanced Electron Beams

Advanced Electron Beams (AEB) enables the green factory of the future by making sustainable manufacturing possible and profitable. AEB's compact electron beam emitters replace thermal and chemical processes for cleaner, more efficient, lower-cost manufacturing. For industries such as pharmaceutical, medical devices, food and beverage, printing, and plastics, AEB emitters sterilize products and packaging, improve the performance of plastics and other materials, cure inks and coatings and eliminate pollution. For more information about Wilmington, MA.-based AEB, visit: http://www.aeb.com/.

STAMFORD, Conn. and WILMINGTON, Mass. - September 16, 2008 - GE Energy Financial Services, a unit of GE (NYSE: GE), announced today a venture capital investment of $4 million in Advanced Electron Beams, whose technology helps traditional manufacturers become more environmentally sustainable while improving profitability.  The technology uses a stream of electrons to initiate chemical reactions or break chemical bonds more efficiently than existing thermal and chemical approaches.

Already used at the GE Global Research Center in Niskayuna, New York, and more than 40 other companies, including 11 in the Fortune 100, Advanced Electron Beams' technology enables companies to reduce energy consumption in some cases by 60-90 percent and reduce chemical and water use. In addition, the technology delivers significant economic benefits over traditional methods: A system using Advanced Electron Beams' compact emitters can pay for itself in less than one year. 

"This technology is exciting because of its triple bottom-line improvement," said Kevin Skillern, Managing Director of venture capital at GE Energy Financial Services. "Advanced Electron Beams' customers achieve significant energy savings and reduce chemical emissions and consumption while simultaneously improving their bottom lines. The company has the right recipe for success: a game-changing technology breakthrough, a great customer value proposition, great traction with large, blue chip customers and a strong management team experienced in building large, successful technology companies."

Advanced Electron Beams expects to benefit from its relationship with GE in more ways than venture capital. GE Energy Financial Services worked with the GE Global Research Center to identify nine potential applications of Advanced Electron Beams' technology in other GE businesses. The Global Research Center has been using Advanced Electron Beams' technology for more than two years, and it provided a strong endorsement and a technical, hands-on perspective to GE Energy Financial Services as it considered making its investment.

Advanced Electron Beams provides a platform technology with application for:

• Sterilization in the food, beverage, medical and pharmaceutical packaging industries
• Curing of inks, coatings and adhesives in the printing, packaging and industrial coating industries
• Polymer treatment for advanced materials applications, including photovoltaic manufacturing, filtration technology and high-performance fiber and fabric production
• Air pollution abatement

Other potential uses include air sterilization, food shelf life extension and hydrogen production.

"Our vision is to be the solution for the sustainable factory of the future, using electrons to enable cleaner and more efficient manufacturing processes," said Mitch Tyson, CEO of Advanced Electron Beams. "GE's research capabilities, wide industrial reach and focus on ‘ecomagination' make it an ideal business partner, and we're pleased the company recognizes that our broad technology platform has such a promising future."

Ecomagination is GE's program to help its customers meet their environmental challenges while expanding its own portfolio of cleaner energy products.

GE Energy Financial Services' seven-member venture capital group led this investment.  With offices in Boston, Stamford, CT, San Francisco, and Munich, Germany, the group has invested more than $150 million in the last two years in early- and growth-stage energy- and water-related technology companies.

GE joins Advanced Electron Beams' other investors: Atlas Venture, General Catalyst and RockPort Capital.

About GE Energy Financial Services

GE Energy Financial Services' 400 experts invest globally with a long-term view, backed by the best of GE's technical know-how and financial strength, across the capital spectrum and the energy and water industries, to help their customers and GE grow. With $19 billion in assets, GE Energy Financial Services, based in Stamford, Connecticut, invests more than $5 billion annually in two of the world's most capital-intensive industries, energy and water. For more information, visit http://www.geenergyfinancialservices.com/

About GE

GE (NYSE: GE) is a diversified global infrastructure, finance and media company that is built to meet essential world needs. From energy, water, transportation and health to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. GE is Imagination at Work. For more information, visit the company's Web site at http://www.ge.com/ohttp:/www.ge.com/.  

About Advanced Electron Beams

Advanced Electron Beams (AEB) enables the green factory of the future with its energy efficient, cost-saving, environmentally sustainable technology. AEB replaces traditional thermal and chemical production processes with its compact electron beam emitters that harness electrons to enable cleaner, less expensive and more efficient production. AEB's emitters are used in common processes such as sterilization, curing, polymer treatment and pollution abatement across industries including pharmaceutical and medical device, food and beverage, printing and packaging, industrial coatings and plastics manufacturing. For more information about Wilmington, Mass,-based AEB, visit: http://www.aeb.com/.

 Contact:

AEB and Ideon LLC discuss opprortunities for modular electron beams in the Radtech Report. Download Article here.

Dave Icke, Vice President of Marketing and Engineering at Advanced Electron Beams (AEB), will present today at the Clean Technology and Sustainable Industry's 2008 Conference.

The presentation, based off a paper titled Benefits of Compact Electron Beam Adoption in Industrial Processes: Case Studies on Energy and Water Savings and Reduced Pollution Output and Chemical Use, summarizes an analysis focused on three fundamental ways in which compact electron beams contribute to clean and sustainable business practices:

• Improves Industrial Efficiency: case study of metal coil coatings and the energy and environmental savings associated with innovating the curing process
• Enables More Sustainable Products: case study of PET bottle sterilization and the enabling of lighter weight products with less carbon footprints
• Simplifies Process: case study of pharma web sterilization and the time and efficiency benefits of bring the sterilization process in-house

To view a copy of the presentation, please see: Benefits of Compact Electron Beam Adoption in Industrial Processes.

ONdrugDELIVERY features Scott Ross, Product Manager at Advanced Electron Beams (AEB), in their current issue focused on pre-filled syringes.

The article, titled Current Considerations and Future Directions for E-Beam Sterilisation in the Pre-Filled Syringe Market: an Overview, discusses the history of electron beam sterilization and the increasing adoption of the technology in the pre-filled syringe market.

To view the article, please see ONdrugDELIVERY's current issue: Pre-Filled Syringes: the Container of Choice for Today's Injectables.

Dr. Anne Testoni, Director of Marketing and Applications Development at Advanced Electron Beams (AEB), spoke last week at the Radtech Association's 2008 UV/EB conference. 

Her technical presentation, titled Challenges of Using Radiachromic Films as Dosimeters for Low Voltage Electron Beams, focused on the innovative work perfomed at AEB to develop industry standards and methods for the measurement of low energy electron beams.

To view a copy of the presentation, please see: Challenges of Using Radiachromic Films as Dosimeters for Low Voltage Electron Beams.

Dave Icke, Vice President of Marketing and Engineering at Advanced Electron Beams (AEB), recently presented at the PETnology 2008 Conference in Dusseldorf, Germany. 

The presentation, titled New Commercial Applications for Cold, Dry Sterilization Using Compact Electron Beams, focused on the economic and operational benefits of utilizing AEB's compact electron beam technology for aseptic food and beverage packaging over traditional methods.  Additionally, the presentation emphasized the environmentally sustainable nature of this technology application and the related substantial reduction in energy, water, and chemical use.

To view a copy of the presentation, please see: New Commercial Applications for Cold, Dry Sterilization Using Compact Electron Beams.

Wilmington, Mass. (February 12, 2007) - Advanced Electron Beams (AEB) today announced that it has entered into a sponsored research agreement with the Department of Plastics Engineering at the University of Massachusetts Lowell.  Considered the premier plastics engineering program in the United States, the UMass department will explore the effect of low energy electron beams on polymers and plastics.

Under the direction of UMass Lowell professor Stephen McCarthy, Ph.D., and aided by AEB's technical representative Somchintana Norasetthekul, Ph.D., the sponsored research project will enable UMass Lowell to investigate low energy industrial electron beams at atmospheric pressure, and the effect that the beams have on polymeric and plastic materials. To maximize beneficial project results, the research team will study a wide range of substances, under varying conditions.

"Working with AEB will enable research that will expand the department's understanding of electron beams and their benefits to industrial processing," said McCarthy. "The information we gather and co-publish will examine methods for manufacturers to reduce energy consumption and eliminate the use of dangerous chemicals during their industrial processes."

Involving graduate student research, this one-year project marks the beginning of a long-term innovative relationship between the UMass Lowell and AEB. During the course of this relationship, graduates will explore the chemical, physical and mechanical changes to the surface and thin film properties of a variety of polymeric and plastic materials under radiation, analyzing and documenting the results.

"This exciting partnership demonstrates the University's dedication to helping support the local innovation economy, said Mitch Tyson, CEO, Advanced Electron Beams. "We are committed to fund research and innovation that will expand the uses and resulting benefits of electron beam technology to improve industrial energy efficiency and reduce waste and pollution."

"Through the sponsored research agreement with AEB, UMass Lowell students and researchers will have the chance to explore new avenues in plastics engineering. We expect the findings that result will benefit not only the University and AEB, but the entire field," said UMass Lowell Chancellor Marty Meehan.

To learn more about the various benefits and industrial uses of electron beams, please visit Advanced Electron Beams at http://www.aeb.com/.

About Advanced Electron Beams

Advanced Electron Beams (AEB) has developed one of the world's most efficient and clean forms of industrial energy. AEB captures the power of electron beams in a cost-effective, compact form factor, enabling customers to use this clean energy source in industrial applications ranging from surface sterilization to pollution abatement to printing and polymer treatment and beyond. As a result, these customers are improving productivity, developing new products and processes, and reducing their dependency on energy sources and chemicals that result in pollution. Based in Wilmington, Mass., AEB is backed by top-tier investors Atlas Venture, General Catalyst and RockPort Capital. For more information about AEB, please visit: http://www.aeb.com/

About UMass Lowell

UMass Lowell, with a national reputation in science, engineering and technology, is committed to educating students for lifelong success in a diverse world and conducting research and outreach activities that sustain the economic, environmental and social health. UML offers its 11,000 students more than 120 degree choices, internships, five-year combined bachelor's to master's programs and doctoral studies in the colleges of Arts and Sciences, Engineering and Management, the School of Health and Environment, and the Graduate School of Education. http://www.uml.edu/.

Wilmington, Mass. and Schaffhausen, Switzerland (November 26, 2007) - Advanced Electron Beams (AEB) today announced Johnson & Johnson subsidiary Cilag AG is leveraging AEB's revolutionary compact electron beams in its next-generation electron beam sterilization tunnel. Manufactured by Metall + Plastic GmbH, Radolfzell, Germany, this fully automated, GAMP-compatible electron beam tunnel disinfects the outer surface of tubs containing prefillable syringes in Cilag's filling line and provides validated log 6 bioburden reduction at production throughputs. The unit has successfully passed Operational Qualification and Performance Qualification and is gearing up for volume manufacturing.

Until recently, pharmaceutical manufacturers have had to rely on some combination of laminar flow, alcohol wipe down, vaporized hydrogen peroxide, or UV-C light to reduce incoming bioburden to barrier isolator filling lines. These conventional approaches suffer from inconsistency, low kill rates, and long cycle times that are incompatible with pharmaceutical manufacturing requirements. Electron beams offer superior kill rates, demonstrated on bacterial spores and validated with thin film dosimetry that represents a leap forward in risk management.

To learn more about this next-generation approach to disinfection and sterilization, please visit Advanced Electron Beams at http://www.aeb.com/.

About Advanced Electron Beams

Advanced Electron Beams (AEB) has developed one of the world's most efficient and clean forms of industrial energy. AEB captures the power of electron beams in a cost-effective, compact form factor, enabling customers to use this clean energy source in industrial applications ranging from surface sterilization to pollution abatement to printing and polymer treatment and beyond. As a result, these customers are improving productivity, developing new products and processes, and reducing their dependency on energy sources and chemicals that result in pollution. Based in Wilmington, Mass., AEB is backed by top-tier investors Atlas Venture, General Catalyst and RockPort Capital. For more information about AEB, please visit: www.aeb.com.