Infineon Celebrates Opening of Memory Chip Development Center in the U.S.A

Business Wire, April 4, 2000

Business Editors/High Tech Writers

MUNICH, Germany and DURHAM, N.C.--(BUSINESS WIRE)--April 4, 2000

New facility to house research and development efforts and

sales office in Research Triangle Park, N.C.

As a major step in reinforcing its leading position in the DRAM market, Infineon Technologies today celebrated the opening of its new 11,000 square-foot state-of-the-art design center, in Research Triangle Park (RTP), N.C. Designed to focus on the development of high performance DRAM (Dynamic Random Access Memory) for the PC desktop, server and workstation markets, the center works closely with Infineon's Memory Products Division to support customer application, design and testing of new memory solutions.

"Our new North Carolina center demonstrates Infineon's continuing commitment to invest in research and development activities to provide a complete memory portfolio for DRAM applications," said Dr. Andreas von Zitzewitz, Chief Operating Officer of Infineon Technologies AG. "The Raleigh-Durham-Chapel Hill region of North Carolina is the home of the largest research park in the United States and is an ideal location for tapping into the area's close proximity to quality engineering universities."

As part of Infineon's global design network, the new development center will play a vital role in complementing existing competence centers and in enhancing the continuous exchange of knowledge. Infineon Technologies also has development centres in Bangalore (India), Bristol (UK), Burlington/East Fishkill, Longmont, Princeton, San Jose (USA), in Singapore, in Sophia Antipolis (France), in Graz and Villach (Austria) and in Duisburg, Duesseldorf and Munich (Germany). The new RTP site is currently staffed with 20 design and test engineers and a local sales office team.

Expansion into additional office space of the facility has already begun to prepare for a ramp up to 60 employees by 2002. Mr. Bill Randolph, with extensive experience in memory chip development, has been appointed senior manager of the development center.

The RTP development center is located two hours away from the White Oak memory fabrication plant in Richmond, Virginia. The White Oak fab manufactures memory ICs (integrated circuits) and will serve as a manufacturer for products designed at the new center.

The Infineon Technologies development center is located at 79 West Alexander Drive, 4101 Research Commons, Suite 200, Research Triangle Park, North Carolina, 27709. For more information, contact Mr. Randolph at Bill.Randolph@infineon.com.

About Infineon

Infineon Technologies AG, Munich, Germany, offers semiconductor solutions for applications in the wireless and wired communications markets, for the automotive and industrial sectors, for security systems and chip cards as well as memory products. With a global presence, Infineon operates in the US from San Jose, CA, and in the Asia-Pacific region from Singapore. In the fiscal year 1999 (ending September), the company achieved sales of Euro 4.24 billion (US $ 4.51 billion) with about 26,000 employees worldwide. The company is listed on the main market segment (Amtlicher Handel) of the Frankfurt Stock Exchange and at the New York Stock Exchange. Further information at http://www.infineon.com .

Infineon and the Infineon logo are trademarks of Infineon Technologies AG. All other trademarks are the property of their respective owners.

Any statements in this document that are not historical facts are forward-looking statements that involve risks and uncertainties; actual results may differ from the forward-looking statements. Infineon Technologies undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.