Power Integrations Files Patent Infringement Suit Against System General Corporation

June 28, 2004

SAN JOSE, Calif. - June 28, 2004 - Power Integrations, Inc. (NASDAQ: POWI), a leading supplier of integrated circuits used for power conversion, announced today that it has filed a patent infringement lawsuit against System General Corporation, a Taiwanese company. The suit, filed today in the U.S. Federal District Court, states that certain integrated circuits produced by System General infringe upon patents owned by Power Integrations. The company is seeking damages as well as an injunction against System General's products.

"Power Integrations has a policy of respecting the legitimate intellectual property of others, and we expect others to honor our intellectual property as well," said Balu Balakrishnan, president and CEO of Power Integrations. "We have successfully defended our intellectual property in the past," added Balakrishnan, "and we believe that our patents will be upheld in this case."

Power Integrations is represented in the lawsuit by the firm of Fish & Richardson P.C., whose team is led by Frank Scherkenbach and Howard Pollack.

Safe Harbor Statement

This press release contains forward-looking statements reflecting management's current forecast of the company's future business and financial performance. 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 "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 risks and uncertainties include, but are not limited to, changes and shifts in customer demand away from products that integrate the company's ICs to products that do not incorporate the company's products; our ability to maintain and establish strategic relationships; the effects of competition; 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. In addition, new product introductions are subject to the risks and uncertainties that typically accompany development and delivery of complex technologies to the market place, including product development delays and defects. We more fully discuss these and other risk factors in the company's most recent report on Form 10-K filed with the Securities and Exchange Commission. The company is under no obligation (and expressly disclaims any obligation) to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

About Power Integrations

Power Integrations is a leading supplier of high-voltage analog integrated circuits for use in AC-DC and DC-DC power conversion. For more information, contact the company at 5245 Hellyer Avenue, San Jose, California 95138, PH: (408) 414-9665, or visit the company's web site at www.powerint.com. For information on energy regulations, visit the Power Integrations Green Room at www.powerint.com/greenroom.

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