VANCOUVER, B.C., CANADA, October 20, 2003 – Xantrex Technology Inc. is offering a product exchange program for home owners and renewable energy (RE) dealers unable to obtain warranty and repair support for the Advanced Energy Inc. (AEI) GC1000 inverter. AEI filed for bankruptcy in 2002.

For $1,250 US, qualified homeowners and RE dealers can exchange a AEI GC 1000 inverter in any condition for a new Xantrex SunTie XR 5.0. The package includes a rain shield, a five-year warranty and shipping. The package has a retail value of $2,884 US.

The exchange program represents savings of approximately $1,600 US for qualified participants and is being offered to homeowners with installed AEI GC1000s and dealers with AEI GC1000 inverters in stock.

"When installed equipment breaks and the original manufacturer is unable to provide warranty and repair support it puts everyone in a tough spot," said Lloyd Gomm, Xantrex director of marketing operations. "We feel that offering this product exchange program is a way to support homeowners, RE dealers and our industry’s reputation."

Retrofitting a SunTie XR 5.0 for an AEI GC 1000 inverter will be relatively straightforward for installers since both products are 48-volt nominal input inverters. In addition, the SunTie XR 5.0 has a significantly higher power level and provides homeowners with flexibility to expand their system by installing additional modules.

To take advantage of this offer, contact Xantrex Customer Service at 1-800-670-0707 or for more information visit www.xantrex.com/exchange.

About Xantrex
Xantrex Technology Inc. develops, manufactures and markets advanced power electronic and control products for the distributed, mobile and programmable power markets. The company’s products convert raw electrical power from any central, distributed, or backup power source into high-quality power required by electronic and electrical equipment.

Privately owned with 600 employees and revenues of $105 million US ($165 million Cdn) in 2002, Xantrex is headquartered in Vancouver, British Columbia and has other facilities in Arlington, Washington; Livermore, California; Miami, Florida and Barcelona, Spain.

As part of the Bonneville Environmental Foundation Green Tags program, Xantrex manufacturing facilities in Arlington, Washington and Livermore, California operate on 100 per cent green electricity. Additional information about Xantrex is available at www.xantrex.com.

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Media Relations
Scott MacFarlane
604-422-2759