IXYS Announces Record Revenues -- 4th Quarter and Fiscal Year Results

                           IXYS CORPORATION
           CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                (in thousands, except per share data)
                             (unaudited)

                                Three Months Ended     Year Ended
                                    March 31,           March 31,
                                ------------------ -------------------
                                  2007     2006      2007      2006
                                ------------------ -------------------

Net revenues                    $74,018  $ 64,425  $285,908  $251,487
Cost of goods sold               56,168    44,043   201,577   169,792
                                ------------------ -------------------
  Gross profit                   17,850    20,382    84,331    81,695
                                ------------------ -------------------

Operating expenses:
  Research, development and
   engineering                    5,186     4,324    20,105    17,523

  Selling, general and
   administrative                11,567    10,502    44,729    38,371

  Litigation provision              303    (8,690)  (29,435)   42,810
                                ------------------ -------------------

    Total operating expenses     17,056     6,136    35,399    98,704
                                ------------------ -------------------

  Operating income (loss)           794    14,246    48,932   (17,009)

Other income (expense), net         219     2,040    (1,288)    3,992
                                ------------------ -------------------

  Income (loss) before income
   tax provision                  1,013    16,286    47,644   (13,017)

Provision (benefit from) for
 income tax expense                 258   (14,015)   18,911    (6,911)
                                ------------------ -------------------

Net income (loss)               $   755  $ 30,301  $ 28,733  $ (6,106)
                                ================== ===================

Net income (loss) per share -
 basic                          $  0.02  $   0.89  $   0.86  $  (0.18)
                                ================== ===================

Weighted average shares used in
 per share calculation - basic   32,659    34,015    33,505    33,636
                                ================== ===================

Net income (loss) per share -
 diluted                        $  0.02  $   0.85  $   0.83  $  (0.18)
                                ================== ===================

Weighted average shares used in
 per share calculation -
 diluted                         33,923    35,792    34,784    33,636
                                ================== ===================


Contact:

IXYS Corporation
Uzi Sasson, CFO, 408-982-0700



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