Power Integrations Appoints Bill Roeschlein as Chief Financial Officer

June 25, 2008

SAN JOSE, Calif., Jun 25, 2008 (PrimeNewswire via COMTEX News Network) -- Power Integrations (Nasdaq:POWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced that Bill Roeschlein has been appointed chief financial officer and corporate secretary, effective June 30, 2008.

Mr. Roeschlein comes to Power Integrations with more than 15 years of corporate financial management, investment banking and public accounting experience. Since 2006, he has served as chief financial officer of Selectica, Inc., a publicly traded provider of sales configuration and contract management software solutions. Previously, Mr. Roeschlein was vice president of finance and corporate controller of Ultra Clean Technology, a publicly traded supplier of subsystems primarily for the semiconductor capital equipment industry. He has also held financial management roles at Asyst Technologies, a provider of automation systems to the semiconductor industry, as well as Hewlett-Packard Co.

Mr. Roeschlein's background also includes investment banking experience at Houlihan Lokey Howard & Zukin, where he served clients in semiconductors and other technology industries. Mr. Roeschlein is also a Certified Public Accountant, with four years of public accounting experience at Coopers & Lybrand. He earned an MBA in finance from Cornell University and a Bachelor of Arts from the University of California, Los Angeles.

"We are extremely pleased that Bill Roeschlein is joining Power Integrations as our chief financial officer," said Balu Balakrishnan, president and CEO. "Bill has an impressive diversity of experience in a wide range of financial roles within the technology industry. He brings us a terrific combination of financial expertise, energy and managerial talent."

"I believe Power Integrations is the most exciting story in the semiconductor industry today," said Mr. Roeschlein. "The growing importance of energy efficiency, combined with rising labor and raw-material costs, are clearly driving the power supply market toward an IC-based approach. Power Integrations is extremely well positioned to lead this trend, and I am thrilled at the opportunity to join the company as CFO."

About Power Integrations

Power Integrations, Inc. is the leading supplier of high-voltage analog integrated circuits used in power conversion. The company's breakthrough integrated-circuit technology enables compact, energy-efficient power supplies in a wide range of electronic products, in both AC-DC and DC-DC applications. The company's EcoSmart(r) energy-efficiency technology, which dramatically reduces energy waste, has saved consumers and businesses around the world more than an estimated $2.9 billion on their electricity bills since its introduction in 1998. For more information, visit the company's website at www.powerint.com.

This news release was distributed by PrimeNewswire, www.primenewswire.com

SOURCE: Power Integrations

Power Integrations, Inc.
Joe Shiffler
(408) 414-8528
jshiffler@powerint.com 

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