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Diodes Incorporated Expands European Distribution Network with Avnet Silica

Jul 9, 2007

DALLAS--(BUSINESS WIRE)--July 9, 2007--Diodes Incorporated (Nasdaq:DIOD), a leading manufacturer and supplier of high-quality application specific standard products within the broad discrete and analog semiconductor markets, today announced that it has signed a distribution agreement with SILICA, an Avnet, Inc. (NYSE:AVT) company, and one of the largest suppliers and distributors of semiconductor products in Europe.

SILICA is a highly specialized semiconductor distributor with 36 branch offices throughout Europe providing customers with a broad portfolio of semiconductor products along with in-depth technical and logistic support as well as other value-added services. With local teams of application engineers and technology specialists, SILICA is dedicated to supporting its OEM customers technically and to providing the design-in expertise needed for customers to compete successfully. As a division of Avnet Electronics Marketing (EM) in Europe, Silica is supported by Avnet Logistics for warehousing, programming and other value-added services.

"We are very excited to add SILICA to our European distribution network," commented Mark A. King, Senior Vice President, Sales & Marketing of Diodes Incorporated. "Their specialized focus on semiconductor products and extensive local presence in Europe will improve our ability to service our customer's logistic requirements, enhance our competitiveness and strengthen our brand recognition."

"Since entering the European market in 2001, we have consistently grown our sales and expanded our market share, successfully building our European customer base in the automotive, communications and industrial end-markets," said Dr. Keh-Shew Lu, President & Chief Executive Officer of Diodes, Inc. "Diodes' innovative products have been well received and we believe that Europe will make an important contribution to Diodes' long term profitable growth."

"SILICA is very pleased to be associated with Diodes, Inc., a company that enjoys an excellent reputation for innovation and quality, and has consistently focused on and introduced leading edge innovative products. Their core strengths, combined with our existing extensive regional distribution network, provide a strong foundation to meet the needs of existing customers, and to win new business," said Miguel Fernandez, President of Silica.

About Silica

Silica is a specialized distributor offering a comprehensive range of semiconductor products and serving all European countries. Silica is a division of Phoenix-based Avnet, Inc. (NYSE:AVT), one of the largest distributors of electronic components, computer products and technology services and solutions with more than 250 locations serving 70 countries worldwide. Avnet brings a breadth and depth of capabilities, such as maximizing inventory efficiency, managing logistics, assembling products and providing engineering design assistance for its 100,000 customers, accelerating their growth through cost-effective, value-added services and solutions. For the fiscal year ended July 1, 2006, Avnet generated revenue of $14.25 billion. For more information, visit http://www.avnet.com.

About Diodes Incorporated

Diodes Incorporated (Nasdaq:DIOD) an S&P SmallCap 600 Index company, is a leading global manufacturer and supplier of high-quality application specific standard products within the broad discrete and analog semiconductor markets, serving the consumer electronics, computing, communications, industrial and automotive markets. Diodes products include diodes, rectifiers, transistors, MOSFETs, protection devices, functional specific arrays, power management devices including DC-DC switching and linear voltage regulators, amplifiers and comparators, and Hall-effect sensors. The Company has its corporate offices in Dallas, Texas, with a sales, marketing, engineering and logistics office in Southern California; design centers in Dallas, San Jose and Taipei; a wafer fabrication facility in Missouri; two manufacturing facilities in Shanghai; a fabless IC plant in Hsinchu Science Park, Taiwan; engineering, sales, warehouse and logistics offices in Taipei and Hong Kong, and sales and support offices throughout the world. With its recent asset acquisition of APD Semiconductor, a privately held U.S.-based fabless semiconductor company, Diodes acquired proprietary SBR(R) technology. Diodes, Inc.'s product focus is on high-growth end-user equipment markets 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, including SEC filings, 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 implementation and market reception to new product announcements, 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, and other information detailed from time to time in the Company's filings with the United States Securities and Exchange Commission.

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.


    CONTACT: Diodes, Inc.
             Mark King, Sr. Vice President, Sales & Marketing
             805-446-4800
             mark_king@diodes.com
             or
             CCG - Investor Relations
             Crocker Coulson, Partner
             646-213-1915
             crocker.coulson@ccgir.com

    SOURCE: Diodes Incorporated