*  Diodes Ranks No. 26, Up From No. 45 Last Year

WESTLAKE VILLAGE, Calif., May 30 /PRNewswire-FirstCall/ -- Diodes Incorporated (Nasdaq: DIOD), a leading manufacturer and supplier of high quality discrete and analog semiconductors, today announced that it was named among the 100 Fastest Growing Tech Companies in the June 2006 issue of Business 2.0 Magazine for the fifth consecutive year, rising to No. 26 from No. 45 in 2005.

According to the magazine, the list is "a yearly ranking of businesses whose inventiveness and quick reflexes are helping them set the pace for the economy."

To comprise the list, Business 2.0 began with 2,000 publicly traded technology companies and narrowed the list to companies that have been trading for at least three years, have a market capitalization of at least $50 million, and have positive cash flow over the most recently reported 12 months. The remaining companies were then ranked based on the following criteria: (i) revenue growth, (ii) profit growth, (iii) operating cash flow during the past three years, and (iv) the 12-month stock market return as of December 31, 2005. The greatest emphasis was placed on cash flow growth, which accounted for 40% of each company's ranking, while the remaining three criteria were equally weighted.

"To be ranked 26th in Business 2.0 Magazine's list of the 100 Fastest Growing Tech Companies is a great honor. The dramatic jump from 45th place last year confirms that our strategy to differentiate ourselves with innovative technology and our focus on profitable growth continues to be successful. And it encourages us to continue to build a leadership position in the discrete semiconductor industry," said Dr. Keh-Shew Lu, President and Chief Executive Officer.

Diodes' 2005 performance included: earnings of $33.3 million on $214.8 million in revenues, with cash flow from operations of $50.6 million and a 12-month stock return of 106% through December 31, 2005.

About Diodes Incorporated

Diodes Incorporated (Nasdaq: DIOD) is a leading manufacturer and supplier of high-quality discrete and analog semiconductor products primarily to the communications, computing, industrial, consumer electronics and automotive markets. The Company's corporate sales, marketing, engineering and logistics headquarters is located in Southern California, with two manufacturing facilities in Shanghai, China, a wafer fabrication plant in Kansas City, Missouri, engineering, sales, warehouse and logistics offices in Taipei, Taiwan and Hong Kong, and sales and support offices throughout the world. Diodes, Inc. recently acquired Anachip Corporation, a fabless analog IC company in Hsinchu Science Park, Taiwan.

Diodes, Inc.'s product focus is on subminiature surface-mount discrete devices, analog power management ICs and Hall-effect sensors all of which are widely used in end-user equipment such as TV/Satellite set top boxes, portable DVD players, datacom devices, ADSL modems, power supplies, medical devices, wireless notebooks, flat panel displays, digital cameras, mobile handsets, DC to DC conversion, Wireless 802.11 LAN access points, brushless DC motor fans, and automotive applications. For further information, visit the Company's website at http://www.diodes.com.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Any statements set forth above that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and uncertainties include, but are not limited to, such factors as fluctuations in product demand, the introduction of new products, the Company's ability to maintain customer and vendor relationships, technological advancements, impact of competitive products and pricing, growth in targeted markets, risks of foreign operations, availability of tax credits, and other information detailed from time to time in the Company's filings with the United States Securities and Exchange Commission.

    CONTACT:
    Crocker Coulson, President, CCG Investor Relations, (310) 231-8600 x 103,
    e-mail: crocker.coulson@ccgir.com
    or Carl Wertz, CFO, Diodes, Inc., (805) 446-4800.

Recent news releases, annual reports, and SEC filings are available at the Company's website: http://www.diodes.com. Written requests may be sent directly to the Company, or they may be e-mailed to: diodes-fin@diodes.com.

SOURCE  Diodes Incorporated
    -0-                             05/30/2006
    /CONTACT:  Crocker Coulson, President of CCG Investor Relations,
+1-310-231-8600, ext. 103, crocker.coulson@ccgir.com, for Diodes Incorporated;
or Carl Wertz, CFO of Diodes, Inc., +1-805-446-4800/
    /Web site:  http://www.diodes.com /
    (DIOD)

CO:  Diodes Incorporated; Business 2.0 Magazine
ST:  California
IN:  CPR SEM ECP PUB MAG
SU:  SVY

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