IXYS Introduces Advanced High Efficiency Solar Cell Technology

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FOR IMMEDIATE RELEASE

IXYS Introduces Advanced High Efficiency Solar Cell Technology

CALIFORNIA, SANTA CLARA, Apr. 22 -/E-Wire/-- IXYS Corporation (Nasdaq: SYXI), a leader in power semiconductors for power conversion and motion control applications, announced today the introduction of its high efficiency solar cell technology, under the IXOLAR(TM) brand name.

Solar energy has become viable in creating a renewable and sustainable energy source for industrial, telecommunication and home market applications worldwide. The market for photovoltaics (PV), devices that directly convert sun light to electricity, has been experiencing spectacular growth recently, averaging more than 30% annually.

IXYS has been participating in the solar energy inverters and converters markets with its portfolio of advanced power semiconductors that process the PV-generated raw electricity and convert it to usable, clean electrical power. With the introduction of the IXOLAR(TM) line of high efficiency single-crystal silicon-based solar cells, IXYS expands its offerings in this market, to include the front-end solar cells, and also expands its products under its "green energy' initiative.

The first family of products developed and manufactured by IXYS, are available as individual cells, XOD-15, and as arrays on a 5" wafer XOW-15. The devices are based on IXYS' single crystal silicon processing technology and its advanced 'enhanced light absorption" passivation process. These devices are ideal also for solar concentrator applications where efficiencies of 20% and above are achieved. IXYS started sampling key strategic customers with these products.

The single crystal PV cells represent the higher value added part of the solar cell application markets, due to their higher efficiency, reliability and the possibility to integrate with other power conversion functions on the same chip.

"We at IXYS developed this technology in a record breaking time-to-market, responding to the increased worldwide demand for PV electricity generation, especially here in California,' stated Dr. Nathan Zommer, CEO of IXYS. "We have met with several of our customers, and new customers that had requested a better solution for renewable and efficient solar energy source.'

"Combined with our advanced Direct Copper Bonded (DCB) substrate technology, we can produce fully integrated, direct current solar power generators on a card for telecommunications, automotive, commercial and military applications,' added Peter Ingram, President of IXYS' European Operations.

IXYS develops and markets primarily high performance power semiconductor devices that are used in controlling and converting electrical power efficiently in power systems for the telecommunication and internet infrastructure, motor drives, medical systems and transportation. IXYS also serves its markets with a combination of digital and analog integrated circuits.

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 demand for the Company's products, the ability of the company to develop, manufacture, and market new products, demand by end-users for the products produced by the Company's customers, the effect that a slowdown or continued slowdown in the semiconductor industry in general could have on our operations, any disruption in the orderly flow of commerce as in the case of terrorists and/or widespread illegal activities may have and the other risks detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. Further information on other factors that could affect the Company's operations is detailed and included in the Company's Form 10-K, as filed with the Securities and Exchange Commission, which includes the IXYS Corporation audited financial statements as of March 31, 2001 and 2000. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements.

Dan Schwob, 408/982-0700

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