Vicor Corp (VICR) to Offer Common Stock

Vicor Corporation (NASDAQ: VICR), a leading provider of high performance power components and systems, today announced that it has commenced a proposed underwritten registered public offering of its common stock. In addition, Vicor intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the number of shares of common stock offered in the proposed public offering. The proposed offering is subject to market conditions, and there can be no assurance as to whether or when the proposed offering may be completed, or as to the actual size or terms of the proposed offering.

Needham & Company is acting as the sole book-running manager for the proposed offering.

Vicor intends to use the net proceeds from the proposed offering for the expansion of its manufacturing facilities and other general corporate purposes.

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