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IXYS Ranked Higher On Silicon Valley 150
Business Wire, April 22, 2008
Power Semiconductors Thrive On Electrical Efficiency Demand
MILPITAS, Calif. -- IXYS Corporation (NASDAQ:IXYS), a Silicon Valley high performance semiconductor company, today announced it was ranked # 94 in The San Jose Mercury News "Silicon Valley 150". The Mercury News produces a yearly listing of the top 150 public companies, headquartered in Santa Clara, Santa Cruz, southern San Mateo and southern Alameda counties, on the basis of worldwide revenues for the most recent available four quarters.
IXYS moved up six places in the rankings, as one of the top revenue generating High Technology companies in Silicon Valley. For the one-year period ending December 31, 2007, IXYS garnered $299.2 million in revenue, an 8% increase over calendar year 2006.
For nearly 25 years, power conversion efficiency has driven the technological initiatives at IXYS. Today, the company develops power semiconductors and mixed-signal integrated circuits that manage power consumption and electrical efficiency in thousands of applications. With a customer base of over 2000 telecommunications, transportation, industrial, medical and consumer companies, IXYS is a leading provider of power semiconductors in the U.S.
A forerunner in renewable energy technologies, IXYS focuses on providing power semiconductors for equipment used in harnessing wind and solar power for conversion to the U.S. electrical power grid. The company continues to find growth opportunities as global energy demands peak, while natural resources are diminishing.
"According to recent reports, Silicon Valley's tech companies had a stellar 2007, setting records in sales and profits. It is against this competitive backdrop that IXYS once again outperformed," commented Dr. Nathan Zommer, CEO of IXYS. "We continue to develop new technologies to address the need for energy efficiency; we expect that these R&D efforts will lead to future sustainable growth of our revenues and profits. We are equally pleased in seeing that we are ranked # 86 based on profits, and # 84 based on our profit margins among the leading companies of Silicon Valley."
About IXYS Corporation
Since its inception in 1983, IXYS Corporation has been developing technology-driven products to improve power conversion efficiency. IXYS is a U.S. pioneer in the development of power semiconductors and mixed signal integrated circuits that effectively monitor electrical voltage to produce maximum effect with least expenditure of energy.
IXYS, and its subsidiary companies, offer a diversified product base that addresses worldwide needs for power conversion, electrical efficiency and renewable energy. For more information, visit www.ixys.com
Safe Harbor Statement
Statements in this press release regarding IXYS' business that are not historical facts are "forward-looking statements" that involve risks and uncertainties, including, but not limited to, our efforts to develop new technologies, our expectations regarding our R&D efforts, our ability to sustain growth in our revenues and profits, and other risks detailed from time to time in the Company's SEC reports, including its Quarterly Report on Form 10-Q for the quarter ended December 31, 2007. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements.
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