IXYS names its President and CFO, Uzi Sasson to its Board of Directors

– USA, CA – IXYS Corporation (NASDAQ:IXYS), an international power semiconductor and IC company, today announced the appointment of Uzi Sasson, IXYS President and Chief Financial Officer, to the IXYS Board of Directors. Uzi has served as President of IXYS since 2009, overseeing operational efficiencies and day-to-day company management. He also maintains his role as CFO, a position he has held since joining IXYS in 2004.

“Uzi joined IXYS in 2004 as a member of our Board of Directors, and in short order stepped off our Board to take the CFO role at IXYS. Since then, he has taken a leadership role in managing our operations worldwide, directing the financial management of the company, executing our M&A strategy and maintaining our investor relationships. It has been impressive to work with Uzi, as he gained deep knowledge of our business including our marketing strategy and technology roadmaps,” noted IXYS CEO and Founder Dr. Nathan Zommer. “I am looking forward to working with Uzi and the rest of our directors at a time when the company is evaluating key strategic initiatives for both its organic and M&A based growth.”

About IXYS Corporation

Since its founding in Silicon Valley, IXYS Corporation has been developing technology-driven products to improve energy conversion efficiency, generate clean energy, improve automation, and provide advanced products for the medical, transportation, telecommunications and consumer industries. IXYS, with its subsidiaries, is a worldwide pioneer in the development of power semiconductors, solid state relays, high voltage integrated circuits (HVICs) and MCUs that are necessary in conserving energy and in reducing the world’s dependence on fossil fuels. Diminishing natural resources, demand for renewable energy and environmental directives for energy efficiency represent a significant challenge. IXYS’ power semiconductors and mixed-signal integrated circuits (ICs) play a vital role in reducing energy costs and consumption by optimizing the energy efficiency of everyday products. IXYS’ semiconductors are also key to the development of new medical devices and systems that provide unique solutions in diagnostics and therapy for the leading medical equipment OEMs worldwide. With an end-customer base of over 3,500 telecommunications, transportation, industrial, medical and consumer companies, IXYS is a worldwide recognized provider of advanced semiconductors.

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