Balu Balakrishnan, President and Chief Executive Officer of Power Integrations, Inc., presides over the opening bell to celebrate the company's ten year listing anniversary.

The company is also observing the fifth anniversary of the launch of its LinkSwitch products, the first monolithic power-conversion chips that replace the notoriously inefficient power supplies known as "energy vampires." POWI's EcoSmart chips, found in cellphone chargers, computers, appliances, consumer electronics and many other products, dramatically reduce the electricity wasted in the AC-DC conversion process that occurs in every electronic product. EcoSmart technology virtually eliminates standby power (the energy consumed when products are plugged in but not in use), which accounts for up to 10% of residential electricity usage (source: Berkeley National Lab). Since 1998, the company has sold nearly 2 billion EcoSmart chips, resulting in an estimated savings of 17 million tons of CO2 emissions, equivalent to the annual output of nearly 3 million cars. Recognizing the environmental benefits of POWI technology, the company is included in NASDAQ's clean energy index and has twice been named one of the world's top 20 "sustainable" stocks by SustainableBusiness.com.

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© Copyright 2007, The NASDAQ Stock Market, Inc.
Reprinted with the permission of The Nasdaq Stock Market, Inc.

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