Source/Type: CompoundSemi Online -- Compound Semiconductor Supply Chain News - Reported News

IXYS Ranked Higher On Mercury News ‘Silicon Valley 150’
Author: CompoundSemi News Staff

April 23, 2008... IXYS Corporation of Milpitas, California USA, announced that it was recently ranked # 94 in The San Jose Mercury News "Silicon Valley 150". The Mercury News produces an annual listing of the top 150 public companies, headquartered in Santa Clara, Santa Cruz, southern San Mateo, and southern Alameda counties. The companies are ranked on the basis of worldwide revenues for the most recent available four quarters. IXYS reports that it has moved up six places in the rankings. For the one-year period ending December 31, 2007, IXYS earned $299.2 million in revenue, an 8% increase over calendar year 2006. As oil prices have increased, the demand for power conversion efficiency, especially in wind and solar power, has increased. For this reason, IXYS is thriving. IXYS focuses on providing power semiconductors for equipment used in harnessing wind and solar power for conversion to the U.S. electrical power grid. "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." Company News Release

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