Clare Inc., An IXYS Company, Announces Availability of Foundry Services.Business/Technology Editors Clare Inc., an IXYS company (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : SYXI), announced today the availability of 125mm Si wafer foundry services, with advanced processing for HVIC HVIC High-Voltage Integrated Circuit , MEMS (MicroElectroMechanical Systems) Tiny mechanical devices that are built onto semiconductor chips and are measured in micrometers. In the research labs since the 1980s, MEMS devices began to materialize as commercial products in the mid-1990s. and SOI (Silicon On Insulator) A chip architecture that increases transistor switching speed by reducing capacitance (build-up of electrical charges in the transistor's elements), and thus reducing the discharge time. The power requirement is also reduced in some designs. based products. Clare is making available 330 volt BCDMOS Silicon-On-Insulator (SOI)-based HVIC process technology, fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. of Micro-Electromechanical System (MEMS) elements with and without integrated HVIC circuitry, and thick film SOI wafers with and without lateral high voltage The term high voltage characterizes electrical circuits, in which the voltage used is the cause of particular safety concerns and insulation requirements. High voltage is used in electrical power distribution, in cathode ray tubes, to generate X-rays and particle beams, to trench isolation. Clare's expertise in high voltage processing and its proven experience with several foundry customers have enabled Clare to make these foundry services commercially available. These capabilities are qualified and currently in production. Clare supports a fully integrated Cadence design environment for the HVIC process. Process and materials specifications, capabilities, design rules and qualification data are available upon request. Clare, Inc., a leader in the design and manufacture of high voltage integrated circuits, is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of IXYS Corporation. IXYS Corporation 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. Additional information about Clare and IXYS may be found at www.clare.com and www.ixys.com. Statements in this press release regarding Clare's and IXYS' business that are not historical facts are "forward-looking statements" that involve risks and uncertainties, including, but not limited to demand for the Companies' products, the ability of the companies to develop, manufacture, and market new products, demand by end-users for the products produced by the Companies' 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 Companies' reports filed with the Securities and Exchange Commission. Further information on other factors that could affect the Companies' operations is detailed and included in the Companies' Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , as filed with the Securities and Exchange Commission as of March 31, 2001 and 2000. The Companies undertake no obligation to publicly release the results of any revisions to these forward-looking statements. |
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