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        Analytical Spectral Devices, Inc. Ranks #22 among Fastest Growing Private Companies in Boulder County
        May 11, 2006

        Analytical Spectral Devices, Inc. (ASD), a manufacturer of rapid, precision, analytical and quality control instruments is ranked #22 among Boulder County's fastest growing private companies, in the category of companies with revenues in excess of $2 million, for 2005. The Mercury 100 listing is published annually by the Boulder County Business Report and is based solely upon percentage of revenue growth over the previous year.

        ASD, well known for its expertise and novel thinking in providing practical real-time solutions for a wide array of application needs, serves a number of industries, including the Pharmaceutical, Nutraceutical, Packaging, Plastics, Manufacturing, Mining, Food, Beverage, Grain, Pulp and Paper industries, as well as its longstanding and ever increasing base of researchers at universities, private, and government research laboratories and institutions around the world. Since its founding, ASD has grown consistently and remains a profitable private company focused on affordable, innovative, field-portable and transportable precision instrumentation for rapid material measurement and identification using Vis/NIR technology. In the past two years ASD has expanded it's technical expertise into industries requiring on-line process control methods by introducing the RxSpec® Drug Verification System, and most recently through strategic partnering with Dynea for resin, wax, and moisture concentration in wood panel products, and the beef industry for determination of tenderness for USDA Tender Select labeling.

        About ASD
        Founded in 1990, Analytical Spectral Devices manufactures cost-effective, precision, transportable and field-portable, laboratory-quality Vis/NIR spectrometers, spectroradiometers, spectrophotometers and corresponding software and accessories. ASD’s instruments perform well in a range of environmental conditions, in and outside the laboratory, and have applications in pharmaceutical, nutraceutical, analytical chemistry, mining, grain, food and dairy, remote sensing, pulp and paper industries world-wide.

        For more information, please contact our Marketing Communications Manager, ASD Inc., 2555 55th Street, Suite 100, Boulder, CO, 80301; 303/444-6522, 303/444-6825 (fax); www.asdi.com.

        Contact: Marketing Communications Manager
        Analytical Spectral Devices
        303.444.6522

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