Investment Profile

PSi Technologies Holdings, Inc. is an independent semiconductor assembly and test service provider to the power semiconductor market. Power semiconductor convert and control the electrical current that powers  virtually every electronic device, from automotive systems, consumer electronics, computer motherboard and peripherals, electronic office equipment and industrial products to telecommunication and networking equipment.The Company's vision is to be global  leader in power semiconductor manufacturing, most admired for its partnerships, people and performance.

The Company provides customers with a low-cost turnkey outsourced solution for comprehensive package design , assembly, test and drop shipment services. PSi Technologies enjoys long-standing customer relationships with most of the major power semiconductor manufacturers in the world such as Fairchild, Infineon Technologies, ON Semiconductor, Philips, STMicroelectronics and Texas Instruments.

PSi is strategically located geographical and benefits from its low cost manufacturing location in the Philippines, a hub  for semiconductor assembly and test manufacturing services. PSi emphasizes customer satisfaction through lower costs, shorter cycle time and ensuring delivery commitments through sustained enhancements in manufacturing systems and process.

PSi employs three pronged strategy aimed at capitalizing on increase integrated device manufacturing (IDM) outsourcing and impending end market recovery to continue to grow its share of the power semiconductor market. PSi's near-term strategies include:

1. Capitalizing on the trend toward outsourcing and the consolidation of outsourced volumes with fewer subcontractors by establishing cost and volume leadership in high-volume power packages;
2. Proactive research and development activities geared towards qualifying alternative materials and processes that lower cost, and product development targeted at ramping up volumes of higher value power modules and multiple-chip packages with the emerging leaders of that product segment;
3. Extending PSI Technologies' geographical coverage by pursuing partnering relationships that PSi as the preferred alternative for assembly and test services solutions with major Japanese power players in the Japanese market.

This press release contains forward-looking statements that involve risks and uncertainties.  Actual results and outcomes may differ materially.  Factors that might cause a difference include, but are not limited to, those relating to the pace of development and market acceptance of PSis products and the power semiconductor market generally, commercialization and technological delays or difficulties, the impact of competitive products and technologies, competitive pricing pressures, manufacturing risks, the possibility of our products infringing patents and other intellectual property of third parties, product defects, costs of product development, manufacturing and government regulation, the possibility that the joint venture might not be consummated or that it may not produce the anticipated results, the possible spread of SARS and the economic effects thereof, risks inherent in emerging markets, including but not limited to, currency volatility and depreciation, restricted access to financing and political and social unrest.  PSi undertakes no responsibility to update these forward-looking statements to reflect events or circumstances after the date hereof.  More detailed information about potential factors that could affect PSis financial results is included in the documents PSi files from time to time with the Securities and Exchange Commission.   

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