Diodes, Inc. Included in Business 2.0 Magazine's Second Annual ``B2 100'' Ranking Of Fastest-Growing Technology Companies
WESTLAKE VILLAGE, Calif.--Sept. 12, 2003--Diodes Incorporated , a leading manufacturer and supplier of high quality discrete semiconductors, announced its inclusion today in Business 2.0's second annual B2 100, the magazine's ranking of the fastest-growing technology companies. Diodes ranked 59 on the list. The B2 100 is featured in the October 2003 issue of the magazine, on newsstands September 22.To make the B2 100, which was selected from an original group of 2,000 publicly traded tech firms, companies had to meet rigorous financial requirements. Criteria for making the final list included at least three years of trading on a major U.S. stock exchange, at least $50 million in annual revenue, and positive cash flow over the most recently reported 12 months. Business 2.0 editors ranked the companies with the help of Zacks Investment Research of Chicago, using a combination of four financial criteria: growth in revenue, profit, and operating cash flow during the past three years, and the 12-month stock return. Cash flow growth counted for 40 percent of a company's ranking; each of the other criteria counted for 20 percent.
"Diodes, Inc. is very proud to be selected by Business 2.0 again. In the past year, we were able to achieve outstanding growth in revenue, net income, and operating cash flow, and improve our ranking from 89th place the prior year," said C. H. Chen, Diodes President and CEO. "We will continue to look for opportunities that will benefit the Company long-term and help to achieve its financial and operational objectives."
"Companies on the 2003 B2 100 have shown remarkable results in a most challenging business environment. But what the list shows is who to watch, who to watch out for, and what we can learn from the leaders," said Josh Quittner, editor of Business 2.0. "Technology is alive and well, as proven by the performance of these companies."
For more information, visit http://www.diodes.com or contact Diodes' customer service at 800-446-4800 or email at info@diodes.com.
About Diodes Incorporated
Diodes Incorporated 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.
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.