SYXI Ixys

IXYS Corporation (NASDAQ:SYXI), a leading company in the design, development, manufacture and marketing of high power, high performance power semiconductors, announced that its Board of Directors approved the repurchase of up to 2,000,000 shares of its common stock. This stock repurchase program replaces the prior program and runs from now through June 15, 2007. The repurchases will be made from time to time on the open market at prevailing market prices or in negotiated transactions off the market through block trades or otherwise. The timing and amount of such repurchases will depend on market conditions. IXYS develops and markets primarily high performance power and RF semiconductors and control ICs that are used in controlling and converting electrical power efficiently in power systems for telecommunication infrastructure, motor drives, medical systems and transportation. IXYS also serves emerging markets with digital and analog ICs that control flat panel displays, medical instruments and telecommunication products. 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 the effect that the repurchase program may have on the Company's future financial performance and its ability to pursue other investment opportunities 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 IXYS is detailed and included in IXYS' Form 10-Q for the fiscal quarter ended December 31, 2005, as filed with the Securities and Exchange Commission. IXYS 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.