Power-One and International Rectifier Enter Into Patent License Agreement


CAMARILLO, Calif., June 26, 2012 (GLOBE NEWSWIRE) -- Power-One, Inc. (Nasdaq:PWER), a leading global manufacturer of renewable energy and energy-efficient power conversion and power management solutions, and International Rectifier (NYSE:IRF), a pioneer and world leader in advanced power management technology, announced today that they entered into a non-exclusive, worldwide, Field of Use agreement for Digital Power Technology (DPT) patents from Power-One.

Digital Power Technology drives increased system efficiency, improved design flexibility, faster time to market, decreased footprint size and lower system costs. DPT also enables telemetry capability, providing access to critical information including current, temperature and voltage. Telemetry allows the system to accurately monitor its power consumption and thermal performance, enabling designers to easily engineer key features such as system optimization, fault detection and predictive maintenance features into their end products.

Applications utilizing FPGAs, ASICS, DSPs continue to drive board densities higher, requiring complex power architectures to handle the increasing number of voltage rails and output voltages dropping below 1V. Digital Power Technology is an extremely attractive solution.

"Power-One is pleased to license its Digital Power Technology to International Rectifier, a market leader in the power-management IC industry, for incorporation into its products," said Edward Carter, VP and GM Industrial and Transportation Business Unit. "With the expanding number of leading power supply and semiconductor companies partnering with Power-One, we continue to expand the market by providing energy-efficient technologies with increased functionality for our customers."

"It has become clear over the last several years that the leading server, performance desktop, communications and netcom customers are transitioning or have completed their transition from analog power to digital power," said Deepak Savadatti, Vice President and General Manager IR's Enterprise Power Business Unit. "This agreement validates our strong commitment to continue International Rectifier's leadership in the digital power management space."

To learn more about Power-One products, please visit www.Power-One.com.

About Power-One

Power-One designs and manufactures energy-efficient power conversion and power management solutions for renewable energy, routers, data storage and servers, wireless communications, optical networking, medical diagnostics, railway controls, semiconductor test equipment and custom applications. Power-One, with headquarters in Camarillo, CA, has global sales offices, manufacturing and R&D operations in Asia, Europe and the USA. Please visit www.Power-One.com for more information.

The Power-One, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7338

About International Rectifier

International Rectifier (NYSE:IRF) is a world leader in power management technology. IR's analog and mixed signal ICs, advanced circuit devices, integrated power systems and components help enable high performance computing and reduce energy waste from motors, the world's single largest consumer of electricity. Leading manufacturers of computers, energy efficient appliances, lighting, automobiles, satellites, aircraft and defense systems rely on IR's power management benchmarks to power their next generation products. For more information, go to www.irf.com.



            

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