Listing: TSX Venture Exchange
Symbol: DNX
Dynex Power Announces $1.6 million Order
Lincoln, England, September 7th, 2006 – Dynex Power Inc.,
a leading, independent power semiconductor company, today announced that
it had received an order from AREVA T&D UK Ltd. valued at more than $1.6
million.
Dynex will be supplying high power semiconductor
assemblies for a high-voltage direct current station (HVDC) in the Gulf
States. Work on the assemblies will start next month and is expected to
continue until October 2007. Paul Taylor, President and Chief Executive
Officer, said that “ the high reputation that Dynex has for quality, our
proven assembly capability, and the added value we bring from our power
semiconductor device knowledge, makes Dynex a natural partner for large
scale power transmission projects. This project represents the
successful continuation of just such a partnership with AREVA, one of
our most valued customers”.
About the Company
Dynex
is one of the world’s leading suppliers of specialist, high power
semiconductor products. Dynex Semiconductor Ltd is its main operating
business and is based in Lincoln, England in a facility housing the
fully integrated silicon wafer fabrication, assembly and test, sales,
design and development operations. Dynex designs and manufactures high
power bipolar discrete semiconductors, power modules, including
insulated-gate bipolar transistors (IGBTs), and high power electronic
assemblies. Dynex products are used world wide in power electronic
applications including electric power generation, transmission and
distribution, marine and rail traction drives, aircraft, electric
vehicles, industrial automation and controls. The company continues to
produce and sell certain high reliability integrated circuits (ICs) for
use in specialist applications led by its proven radiation hard
Silicon-on-Sapphire products for space and nuclear applications.
Press
announcements and other information about Dynex are available on the
World Wide Web at http://www.dynexsemi.com.
All monetary
values expressed in this release are in Canadian dollars unless stated
otherwise.
The TSX Venture Exchange has neither approved nor
disapproved of the information in this press release.
For more information:
Dr. Paul Taylor
President and Chief
Executive Officer
or
Bob Lockwood
Finance Director and
Chief Financial Officer
Dynex Power Inc.
Tel: UK +44 1522 500
500
Email: paul_taylor@dynexsemi.com
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