We introduced the patent-pending PowerDI™ 123 Compact Power Package. This high-current density package type is one of the most thermally efficient compact rectifier packages available on the market. • 

We released the new high-voltage PDS 3200  and PDS 5100h  Schottky Barrier Rectifiers in a new high- current density package type, patent-pending PowerDI™ 5 . Able to accommodate larger die sizes and higher amperage, it broadens the range of Diodes’ high-performance next-generation discrete devices. • 

On the logistics and sales side, we partnered with several strategically important distribution partners. In addition to our long-standing relationships with All American, Arrow, Avnet, Digi-Key, Future, and Jaco we: 

Signed a contract with Mouser Electronics, Inc., one of the largest suppliers and distributors of electronic components in North America whose on-line catalog allows us the fastest ‘time to market’ approach for our customer solutions and application- specific products. • 

Expanded our distribution agreement with Arrow Electronics into Southern Europe, adding 12 Mediterranean countries to our portfolio of global markets. After first entering the European market in 2001 , we have consistently grown our sales and market share each year so this agreement was the logical extension of our European activities. • 

After this recapitulation of the 2004  highlights, let us now focus on some specifics that have shaped this past year and will continue to transform the future: 

## Our Path to Becoming A Total Solutions Provider 

Reviewing our path in the last ten years, we see a stunning transformation. First, we went from being a distributor of other companies’ products to a fully integrated manufacturer with a state-of-the-art packaging facility in Mainland China. Then we acquired a wafer fabrication facility that gave us the capability to control the entire product lifecycle and provided us with a base to develop new chip technologies. And just in the past three years, we have built a full scale R&D program that has produced breakthroughs in both wafer processes and packaging technologies that enables Diodes to extend the envelope of discrete performance and introduce a number of proprietary products to the discrete marketplace. 

Our ongoing investment in the development of next-generation technologies that deliver meaningful improvements in performance, size, and power consumption has positioned us as the go-to company in quest of a total solution provider in the semi- conductor industry. And our unwavering efforts to offer the best, most innovative package of products and service in the industry were acknowledged with several prestigious customer, industry and media awards in 2004 , such as Digi-Key’s “Top Ten Supplier Award” and Samsung’s “Outstanding Supplier Award”. We were also listed in Forbes Magazine ’s “ 200  Best Small Companies,” recognized by Deloitte Technology as part of the “Fast 50  Among the Fastest Growing Technology Companies in Los Angeles,” and included in the Business 2.0 Magazine ’s “Fastest Growing Technology Companies.” 

