WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Oct. 26, 2004--Diodes Incorporated (Nasdaq:DIOD), a leading manufacturer and supplier of high quality discrete semiconductors, today announced that it was named among the 200 Best Small Companies in America in the November 2004 issue of Forbes Magazine.

According to Forbes, Diodes, Inc. is "...among the toughest competitors in today's corporate America." The Forbes 200 Best Small Companies in America list has been published annually since 1996, and every year the magazine becomes more particular about membership into this elite list.

To qualify for the magazine's rigorous standards, candidates have to show a consistent pattern of positive growth during a five-year period, as well as over the last 12 months. The criteria taken into account include sales, net income, and earnings-per-share. Only companies with sales in the $5 million to $750 million range, net profit margins greater than 5% and share prices above $5 as of October 1, 2004 were considered.

"To rank 100th in Forbes' list is not only a great honor for us, but also a reward for years of consistently strong performance," said C.H. Chen, President and CEO of Diodes Incorporated. "This clearly demonstrates that our commitment to differentiate ourselves with progressive technology, customized product focus, and excellent customer service continues to be a successful strategy. And we are developing a portfolio of core intellectual property that will enable us to continue to create value for our shareholders and build a leadership position in the discrete semiconductor industry."

Diodes Incorporated scored an outstanding 23rd ranking for 12-month EPS growth, and ranked 43rd for 12-month sales' growth.

Diodes' 2003 performance included: Earnings of $10.1 million or 7.4% of its $136.9 million in revenues, with a 3-year annualized cash flow growth of 12.2%, and a 12-month stock return of 237.5%. Through six months of 2004, Diodes' earnings were $11.0 million, or 12.4% of its $88.4 million in revenues. Diodes, Inc. will release third quarter 2004 results on October 27, 2004.

The list of the 200 Best Small Companies in America was selected with the statistical help of William O'Neil & Co. in Los Angeles, and represents a diversified group that includes nine different industries, with 31 medical product firms, 16 computer software and equipment manufacturers, seven oil-and-gas companies, and four semiconductor companies.

About Diodes Incorporated

Diodes Incorporated (Nasdaq: DIOD) is a leading manufacturer and supplier of high-quality discrete semiconductor products, serving the communications, computer, 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-9000 corporate sales, marketing, engineering and logistics headquarters is located in Southern California. For further information, visit the Company's website at http://www.diodes.com.

About Forbes Magazine

Founded in 1917, Forbes Magazine is a leading financial and business magazine printed in the U.S.A., with international distribution, and a paid circulation of over 900,000. To learn more, visit www.forbes.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, 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.
             Carl Wertz, 805-446-4800,
             carl_wertz@diodes.com
                     or
             CCG Investor Relations
             Crocker Coulson, President, 818-789-0100
             crocker.coulson@ccgir.com

    SOURCE: Diodes Incorporated