This product group
includes low dropout linear regulators, DC to DC switching regulators , LED
drivers, PWM controllers, charge pumps, and microprocessor supervisors. Also as disclosed in connection with the offering, we will incur
an estimated charge of $3.5 million (after taxes) during the current
fiscal quarter relating to extinguishment of debt and the write-off of
deferred financing costs resulting from the redemption of our Notes.jlg.

eru postverk

, Sipex Corporation
(Nasdaq: SIPX) , a leading supplier of high performance, analog integrated
circuits (ICs), today introduced the SP6656 , a 400mA synchronous buck
regulator with logic controlled output voltage selection.5uA shutdown current
-- Output voltage logic selection
-- Output adjustable down to 1.sipex.
Applications for the Sipex power products include personal computers and
peripherals, battery powered hand-held devices such as PDAs and cellular
telephones, and data communications products. This leverage
reduction will lower our future interest expense by $5.15.7
times LTM EBITDA as a result of this offering and note redemption.

enski mannar

0V
-- 100% duty ratio low dropout operation
-- Offered in small 2.

About Sipex
Sipex Corporation is a semiconductor company that designs, manufactures
and markets high performance, value-added analog integrated circuits (ICs).25 million of our senior
subordinated notes due 2012.

postverk samfelag

As the input battery supply
decreases towards the output voltage , the SP6656 uses a special control loop
to seamlessly transition into 100% duty cycle mode with only 80uA quiescent
current, further extending useful battery life.
Solely as a result of this charge , the interest expense reduction, and
the additional shares that will now be outstanding, we are adjusting
our guidance for full year earnings per diluted share to the range of
$.

royskt lini


Other features include user programmable output voltage down to 1.9 to 1. The Company's diverse product
portfolio encompasses leading brands such as JLG(R) aerial work
platforms; JLG, SkyTrak(R), Lull(R) and Gradall (R) telehandlers;
Gradall excavators; and an array of complementary accessories that
increase the versatility and efficiency of these products for end
users. Important factors that could cause actual
results to differ materially from those suggested by the
forward-looking statements include, but are not limited to, the
following: (i) general economic and market conditions, including
political and economic uncertainty in areas of the world where we do
business; (ii) varying and seasonal levels of demand for our products
and services; (iii) limitations on customer access to credit for
purchases; (iv) credit risks from our financing of customer purchases;
(v) interest and foreign currency exchange rates; and (vi) costs of
raw materials and energy, as well as other risks as detailed in the
Company 's SEC reports, including the report on Form 10-Q for the
period ended January 30, 2005. EBITDA
reflects our earnings before interest, taxes and depreciation and
amortization.9 x

(a) Maximum loss exposure from finance
receivables monetizations $ 27,203 $ 27,203
============= ===========

We monitor our net debt, which is a supplemental measure to GAAP that
provides additional information concerning our leverage position and
our historical ability to meet debt service and capital expenditure
and working capital requirements .

hollar uttanr


Operation of the SP6656 is optimized for applications using either Li-Ion
or three cell alkaline /NiCD/NiMH batteries as a power source.4 x 2.

CONTACT:
Sharon Guerrand
Phone: 408-934-7500
Fax: 408-935-7600


(NYSE:JLG) announced the closing today of its sale of
5,750,000 shares of common stock in an underwritten public offering at
a price to the public of $21.

alr royar

0V, a
built-in 625mA current limit, and 140 degrees C over temperature shutdown .sipex.98 to $1.


JLG INDUSTRIES, INC.

virkamiesty uttanr

MILPITAS, Calif. The SP6656 's
proprietary control loop, 20uA light load quiescent current and integrated
0.
"The SP6656 was designed with the needs of portable products in mind.7 x 2.

alr hollar

25
million in principal amount of our 8 3/8% Senior Subordinated Notes
due 2012 and the balance for general corporate purposes.

acted as co-managers.

sty samfelag

1 million
annually, and by $1.

royum virkamiesty

5mm DFN package, the SP6656 is
ideal for space constrained portable applications such as cell phones, PDAs,
digital still cameras, MP3 players , wireless headsets, GPS systems, and
palmtop computers. Samples and evaluation boards are also available .
UBS Investment Bank acted as the sole lead manager on this
offering. and Harris Nesbitt Corp .

vinnum mannar

JLG Closes Sale of Common Stock; Underwriters Exercise Full Over-Allotment Option; Previous EPS Guidance Adjusted Solely to Reflect Impact of the Transaction

The transaction included
750,000 shares purchased by the underwriters to pursuant to their
over-allotment option.

For more information , visit www.

roya sty

Available in a 2.

Business Editors/Manufacturing Writers

MCCONNELLSBURG, Pa . In addition, JLG offers world-class
after-sales service and support for its customers. JLG's manufacturing
facilities are located in the United States, Belgium, and France, with
sales and service operations on six continents.

planlegging fyri

Sipex Introduces Programmable Output Buck Regulator with 98% Efficiency

com.com ."
Jim Woodward, Executive Vice President and Chief Financial Officer
added, "as disclosed in connection with the offering, we intend to use
approximately $68.08, from the previous $1. SunTrust Capital Markets, Inc.
NET DEBT
(in thousands )

Pro forma (1)
January 30, January 30,
2005 2005
------------- -----------
Revolving credit facilities $ - $ -
$15 million cash management facility 1,944 1,944
$125 million senior notes 125,000 125,000
$175 million senior subordinated notes 113,750 175,000
Miscellaneous debt 5,128 5,128
Fair value of interest rate swaps (6,120 ) (6,120)
Gain on terminated interest rate swap 3,238 4,981
------------- -----------
Bank debt and notes 242,940 305,933
Limited recourse debt from finance
receivables monetizations (a ) 77,601 77,601
------------- -----------
Total balance sheet debt 320,541 383,534
------------- -----------
Net present value of off-balance sheet
rental fleet lease 755 755
Net present value of off-balance sheet
production equipment leases 3,709 3,709
------------- -----------
Total off-balance sheet financing 4,464 4,464
------------- -----------
Total balance sheet debt and off-balance
sheet financing 325,005 387,998
Less: cash 76,781 24,305
Less: limited recourse debt from finance
receivables monetizations 77,601 77,601
------------- -----------
Net debt $ 170,623 $ 286,092
============= ===========

Shareholders' Equity $ 400,802 $ 284,746
============= ===========

Net Debt-to-Net Debt plus Shareholders '
Equity 30% 50%
============= ===========

Total Balance Sheet Debt-to-Total Balance
Sheet Debt plus Shareholders' Equity 44% 57%
============= ===========

Net Debt-to-TTM EBITDA 1.

planlegging hevur



JLG Industries, Inc. is the world's leading producer of access
equipment (aerial work platforms and telehandlers) and highway-speed
telescopic hydraulic excavators. JLG markets its products and services through a multi-channel
approach that includes a highly trained sales force, and utilizes a
broad range of marketing techniques, integrated supply programs and a
network of distributors in the industrial, commercial, institutional
and construction markets.

royskt endam

The bit programmable
output voltage of the SP6656 allows it to dynamically adjust to the changing
power requirements of today 's ASICs, DSPs and microprocessors used in portable
electronic equipment.

vur hevur

7V to 5.05 to $1.

JLG INDUSTRIES, INC.

hevur planlegging

29 in 1,000
piece quantities.97 per share.com

NOTE: Information contained on our website is not incorporated by
reference into this press release. EBITDA as presented differs from measures of EBITDA
calculated for purposes of financial covenants in our note indentures
and senior credit facilities. We define net debt as the sum of
total balance sheet debt and other off-balance sheet financing, minus
cash and limited recourse debt arising from our monetizations of
customer finance receivables.

endam roya

4mm x 2. "High efficiency over the entire load range improves both standby
and operating time for portable equipment, increasing product value. Datasheets
and additional information on the SP6656 can be found on the Sipex web site at
http://www. Using actual second quarter ending January 30 results
for pro-forma purposes, net debt to net debt plus stockholders' equity
would be reduced from 50 to 30 percent and leverage from 2.

alr hevur

The SP6656 can be shutdown
using the ENABLE pin, reducing power drawn to nanoamps and enabling longer
standby times in portable electronics."

SP6656 Key Features (typical)

-- High efficiency: 98 %
-- Guaranteed minimum 400mA output current
-- Input voltage range: 2.
Sipex serves the broad analog signal processing market with interface, power
management and optical storage ICs for use in automotive, portable products,
computing, communications, and networking infrastructure markets. For more information about Sipex, visit
http://www.

skipa royar

5V
-- Ultra-low 20uA quiescent current
-- 80uA light load quiescent current in dropout
-- 0.

About Sipex Power Management Products
Power management ICs deliver key benefits to portable power and
distributed power applications, providing better power efficiency, increased
miniaturization and more power at lower voltage levels. Sipex sells products direct and
through its distribution channels.
"We were very pleased with the market acceptance of JLG in this
offering," commented Bill Lasky, Chairman of the Board, President and
Chief Executive Officer.

(1) Includes the impact of our common stock offering of 5,750,000
shares and the redemption of $61.

vur fyri

----JLG
Industries, Inc. EBITDA also is an indicator of
profitability, particularly in our capital-intensive industry.

lini fyri

3ohm synchronous switches provide superior efficiency across a wide range of
output currents, increasing battery life .1 million of the approximately $120 million in net
proceeds after expenses and underwriting discounts to redeem $61.5 million for the remainder of our current fiscal
year.20.

This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are not guarantees of future performance,
and involve a number of risks and uncertainties that could cause
actual results to differ materially from those indicated by the
forward-looking statements.
TRAILING TWELVE MONTH EBITDA
(in thousands)

January 30,
2005
-----------
Net income $ 22,713
Interest expense 35,992
Income tax provision 12,815
Depreciation and amortization 26,475
-----------
EBITDA $ 97 ,995
===========

We monitor our EBITDA, which is a supplemental measure to GAAP that
provides additional information concerning our leverage position and
our historical ability to meet debt service and capital expenditure
and working capital requirements.

enski planlegging

5mm DFN
-- Enable input

Pricing and Availability
The SP6656 is available now in standard and lead free options
(SP6656ER/TR = standard; SP6656ER -L/TR = lead free) starting at $1. The company
is headquartered in Milpitas, CA with additional offices in Belgium, Canada,
China, Germany, Japan, Taiwan and the UK.10 to $1. Excluding the
one-time charge for early extinguishment of debt, the range would be
$1.

sty royar


Using the SP6656, a designer can build a small, compact, low noise solution,"
said Kevin Plouse, senior vice president of marketing and business development
at Sipex. "Our ability last Thursday to upsize the
offering and price at the NYSE closing price together with the
underwriters' exercise of the full over-allotment option reflects
positively on our Company.

alr royum

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