WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Aug. 10, 2004--Diodes Incorporated (Nasdaq:DIOD), a leading manufacturer and supplier of high quality discrete semiconductors, announced that it has been named one of the 50 fastest growing technology companies in the greater Los Angeles area, according to Deloitte & Touche. The Los Angeles Fast 50 ranks companies based on average revenue percentage growth over five years, which includes speed of growth (not current financial performance or profitability). In a region of more than 5,000 technology companies, our company has demonstrated tremendous achievement.

The ranking and specific achievements of this year's winners will be announced at an awards dinner to be held at The Skirball Cultural Center on September 21st.

"We are honored to be recognized once again by Deloitte & Touche for our Company's ability to deliver sustained, long-term growth," said C.H. Chen, President and CEO of Diodes, Inc. "In FY 2003, Diodes' net revenues increased to $136.9 million, or 72.7%, compared to net revenues of $79.3 million in FY 1999. We continued to invest in cutting edge technology, to improve quality of our products, and to bring innovations to our customers. We remain focused on executing on our long-term strategy of firmly establishing Diodes as a technology innovator and performance leader for discrete semiconductors."

The Fast 50 is a regional ranking of the fastest-growing technology companies in 20 regions of the United States and Canada. Selection for the Fast 50 is based on a company's percentage of growth in revenues over the five-year period 1999-2003.

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1999 and $1 million in 2003, must be public or private companies headquartered in North America, and be a "technology company" defined as owning proprietary technology that contributes to a significant portion of the company's operating revenues and/or devoting a significant proportion of revenues to research and development of technology.

"The Deloitte Los Angeles Technology Fast 50 companies have shown the strength, vision, and commitment to succeed despite a very challenging technology environment," said Tim Lovoy, Deloitte partner, Technology, Media & Telecommunications practice, Los Angeles. "We applaud the success of Diodes, Inc. and acknowledge their place as one of the very few to accomplish such a fast growth rate over the past five years."

Winners of the 20 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies. For more information on the Deloitte & Touche Fast 50 or Fast 500 programs, visit www.fast500.com.

About Diodes Incorporated

Diodes Incorporated (Nasdaq:DIOD) is a leading manufacturer and supplier of high-quality discrete semiconductor products, primarily to the communications, computing, industrial, consumer electronics and automotive markets. The Company operates three Far East subsidiaries, Diodes-China (QS-9000 and ISO-14001 certified) in Shanghai, Diodes-Taiwan (ISO-9000 certified) in Taipei, and Diodes-Hong Kong. Diodes-China's manufacturing focus is on subminiature surface-mount devices destined for wireless devices, notebook, flat panel display, digital camera, mobile handset, set-top box, DC to DC conversion, and automotive applications, among others. Diodes-Taiwan is our Asia-Pacific sales, logistics and distribution center. Diodes-Hong Kong covers sales, warehouse and logistics functions. The Company's 5" wafer foundry, Diodes-FabTech (QS-9000 certified), specializes in Schottky products and is located just outside Kansas City, Missouri. The Company's ISO-9001:2000 corporate sales, marketing, engineering and logistics headquarters is located in Southern California. For further information, including SEC filings, visit the Company's website at www.diodes.com.

About Deloitte

Deloitte, one of the nation's leading professional services firms, provides audit, tax, financial advisory services and consulting through nearly 30,000 people in more than 80 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for six consecutive years. "Deloitte" refers to Deloitte & Touche LLP and affiliated entities. Deloitte is the U.S. member firm of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein (association), and, as such, neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the name "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu" or other related names. The services described herein are provided by the U.S. member firm and not by the Deloitte Touche Tohmatsu Verein. For more information, please visit Deloitte's web site at www.deloitte.com/us.

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, 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 Incorporated
             Carl Wertz, 805-446-4800
             carl_wertz@diodes.com
             or
             CCG
             Crocker Coulson, 818-789-0100
             crocker.coulson@ccgir.com

    SOURCE: Diodes Incorporated