Power Integrations To Be Featured On ABC’s 'BusinessNow' Television

October 23, 2002
Halloween Edition Profiles POWI's Energy Vampire-Slaying Technology

SAN JOSE, Calif. - October 23, 2002 - Power Integrations, Inc. (Nasdaq: POWI), will be featured on the October 27, 2002, edition of ABC Network's BusinessNow broadcast in the San Francisco, New York City and Washington, DC metropolitan areas. The segment will be broadcast in the Bay Area at 11:30 am on Channel 7 KGO-TV, in New York City at 10:30 a.m. on WABC-TV, and in Washington, DC at 10:30 am on WJLA/ABC7. The segment will also be featured on ABCNewsOne on Thursday, October 31 at 1:30 pm. In addition, the segment will be available on the Internet at BusinessNow.com for three weeks starting Friday, October 25th.

The BusinessNow profile discusses Power Integrations' new LinkSwitch(TM), the company's latest integrated circuit enabling a new class of lightweight, compact, energy-efficient power supplies for a wide range of popular electronics.

The profile looks at how the company's EcoSmart(TM) technology is ending the reign of 'Energy Vampires,' those linear transformer bricks that suck energy dollars 24 hours a day. A vast amount of energy - more than $4 billion a year in the U.S. alone - is wasted by electronic products that are plugged in, yet not performing any useful function. The adapters or chargers for devices, such as cell phones, cordless phones, PDAs, electric toys, power tools, garage door openers and handheld vacuums, have been called 'Energy Vampires' by President Bush because they waste energy even when consumers think they are turned off. 'LinkSwitch,' Power Integrations' newest chip, is on a quest to slay the more than one billion vampires produced every year.

"With the introduction of LinkSwitch,, manufacturers can meet all of the world's current and proposed energy efficiency regulations for standby and no-load power for power supplies at 3 watts and below," said Balu Balakrishnan, president and CEO, Power Integrations. "Governments are introducing more stringent regulations and our underlying EcoSmart technology allows manufacturers to cost effectively meet all proposed regulations. BusinessNow provides an excellent forum to inform consumers and regulators that the technology to save energy is here now."

"We seek out companies whose technology benefits all of us, so Power Integrations was a perfect choice," said Mike Sanford, BusinessNow's Bay Area director of programming and the producer of the segment. "Not only because Power Integrations is a leader in its field, but because its story remains front and center with California's ongoing energy challenges."

BusinessNow, as seen on many ABC stations, is a weekly television news magazine that puts a face on companies that are defining the future. Each episode includes two or three in-depth stories about companies that are leaders in their industry or space. The businesses featured on BusinessNow Television include the fastest growing public and privately owned companies as listed by Fortune and Inc. magazines.

Interviews are with Balu Balakrishnan, President and CEO of Power Integrations; Mike Matthews, Director of Strategic Product Development at Power Integrations; Doug Lee, Managing Director of the Technology Equity Research Group at Banc of America Securities; and Keith Hopwood, Vice President Sales and Marketing of Phihong Inc.

Power Integrations, Inc. is a leading supplier of high-voltage analog integrated circuits for use in power conversion. For more information, contact the company at 5245 Hellyer Avenue, San Jose, California 95138, PH: (408) 414-9200 or visit the company's web site at www.powerint.com. Program segments are also available on the Business Now website, www.businessnow.com.

Safe Harbor Statement

This press release contains forward-looking statements which reflect management's current forecast of certain aspects of the Company's future business. These forward-looking statements are based on current information which we have assessed, but which by its nature, is subject to rapid and even abrupt changes. Forward looking statements are denoted by the use of such words and phrases as "will," "expects," "believe," and similar words and phrases that look toward future events or performance. The Company's actual results could differ materially from those projected or implied by our forward looking statements due to risks and uncertainties associated with the Company's business. These include, but are not limited to, changes and shifts in customer demand away from products which integrate the Company's ICs to products which do not; the lengthy sales cycle for the Company's products which often results in the Company incurring substantial expenses before the Company generates significant revenues, if any, from the sale of a new product or even before a customer, if any, decides to use the new product in any of its products; and the associated risk that the customer's product in which the Company's new product is used will not be commercially successful due to a variety of factors including cost relative to competitive products at the time the customer's product enters the market. Other factors include, but are not limited to, our ability to maintain and establish strategic relationships; the risks inherent in the development and delivery of complex technologies; our ability to attract, retain and motivate qualified personnel; the emergence of new markets for our products and services, and our ability to compete in those markets based on timeliness, cost and market demand; and our limited financial resources. We more fully discuss these and other risk factors in the Company's most recent reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission.

NASDAQ: POWI $119.08 -1.23
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Joe Shiffler
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5245 Hellyer Avenue San Jose, CA. 95138

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