|[January 03, 2008]
IXYS Joins Climate Savers Computing Initiative Energy Savings Program
SANTA CLARA, Calif. --(Business Wire)-- IXYS Corporation (NASDAQ:IXYS), a Silicon Valley power semiconductor company, today announced that it has joined the Climate Savers Computing Initiative at the Affiliate level as part of its commitment to advance the development of electronic products with increased energy efficiency.
Diminishing natural resources, demand for cheap energy and environmental directives for energy efficiency represent a significant challenge. Further exacerbating the situation is the increasing functionality of portable products that drain electrical power. Estimates by the North American Electric Reliability Council expect electrical power demand to rise 19% by 2015, yet generation capacity will rise only 6%.
"Power conversion efficiency has been our core focus since the company started in 1983. We began with power semiconductors that have been key in enabling products for saving energy. Today, we offer a wider range of products for power systems, transportation and wind and solar based electricity generation," commented IXYS CEO Dr. Nathan Zommer. "We believe in the long-term need for green technologies as both a supplier and as an end-user. We look forward to supporting and promoting the Initiative in its future endeavors."
About the Climate Savers Computing Initiative
The Climate Savers Computing Initiative is a nonprofit group of eco-conscious consumers, businesses and conservation organizations dedicated to improving the power efficiency and reducing the energy consumption of computers and servers. The Initiative was started earlier this year by Google and Intel. By producing and purchasing power efficient products, the Initiative expects to achieve a 50 percent reduction in power consumption by computers by 2010. For more information, visit http://www.climatesaverscomputing.org.
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 that effectively monitor electrical voltage to produce maximum effect with least expenditure of energy.
Diminishing natural resources, demand for cheap energy and environmental directives for energy efficiency represent a significant challenge. IXYS' power semiconductors and mixed-signal integrated circuits can play a vital role in reducing energy costs and consumption by optimizing the energy efficiency of everyday products. With a customer base of over 2000 telecommunications, transportation, industrial, medical and consumer companies, IXYS is a worldwide provider of power semiconductors.
IXYS continues to invest in new technologies through acquisition and internal R&D aimed at complementing IXYS' strengths in power, as well as expanding its market opportunity into emerging high growth markets, including energy management and power quality. Both of these markets are gaining more attention due to the increasing use of electricity, and the strategic importance of energy conservation worldwide.
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
Any statements contained in this press release that are not statements of historical fact, including our product offering and our long-term support and promotion for the Initiative may be deemed to be forward-looking statements. There are a number of important factors that could cause the results of IXYS to differ materially from those indicated by these forward-looking statements, including, among others, risks detailed from time to time in the Company's SEC reports, including its Quarterly Report on Form 10-Q for the quarter ended September 30, 2007. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements.
Additional information may be obtained by visiting IXYS website at http://www.ixys.com, or by contacting the company directly.
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