MILPITAS, Calif. -- (BUSINESS WIRE) -- IXYS Corporation (NASDAQ:IXYS), an international power semiconductor and IC company, today announced that the company has been added to the NASDAQ® Clean Edge® Green Energy Index, effective as of March 24, 2014.
The addition to the Index highlights IXYS’ role in technology-driven products to improve power conversion efficiency. IXYS is a U.S. pioneer in the development of power semiconductors, mixed-signal integrated circuits and microcontrollers that effectively manage electrical voltage to produce maximum effect with least expenditure of energy.
“When many companies tout power efficiency, they measure in milliwatts. What savings they achieve in one year, we save in one second,” IXYS’ CEO Dr. Nathan Zommer stated. “IXYS specializes in power management from 100 watts all the way to the megawatt range, with products and technologies that address more than 90% of the overall power market. We are one of the main suppliers of high power semiconductors to base stations, servers, industrial applications, motor drives and alternative energy. In recent years, we have added substantially to our power management and microcontroller offerings, as well as inverter components for wind/solar energy.”
The Index is designed to track the performance of clean-energy companies that are publicly traded in the U.S. The Index includes companies engaged in the manufacture, development, distribution, and installation of emerging clean-energy technologies such as solar photovoltaics, biofuels and advanced batteries. The five major sub-sectors that the index covers are Renewable Electricity Generation, Renewable Fuels, Energy Storage & Conversion, Energy Intelligence and Advanced Energy-Related Materials. The securities must also meet other eligibility criteria which include minimum requirements for market value, average daily share volume, and price. The NASDAQ® Clean Edge® Green Energy Index is re-ranked semi-annually in March and September. For more information about the NASDAQ® Clean Edge® Green Energy Index, including detailed eligibility criteria, visit https://indexes.nasdaqomx.com/.
About IXYS Corporation
Since its founding in Silicon Valley, IXYS Corporation has been developing technology-driven products to improve energy conversion efficiency, generate clean energy, improve automation, and provide advanced products for the transportation, medical and telecommunications industries. IXYS, with its subsidiaries, is a worldwide pioneer in the development of power semiconductors, solid state relays, high voltage integrated circuits (HVIC), and microcontrollers that are necessary in conserving energy and in reducing the world’s dependence on fossil fuels. Diminishing natural resources, demand for renewable energy and environmental directives for energy efficiency represent a significant challenge. IXYS’ power semiconductors and mixed signal integrated circuits (IC) play a vital role in reducing energy costs and consumption by optimizing the energy efficiency of everyday products. With an end customer base of over 3,500 telecommunications, transportation, industrial, medical and consumer companies, IXYS is a worldwide recognized provider of advanced semiconductors. Additional information may be obtained by visiting IXYS’ website at http://www.ixys.com, or by contacting the company directly.