OSRAM Opto Semiconductors Assumes Sales Responsibility

April 7, 2003
San Jose, CA, April 7, 2003. Osram Opto Semiconductors has assumed all worldwide sales activities from Infineon Technologies AG, its former joint venture partner. As a result, the wholly-owned Osram GmbH subsidiary is strengthening its customer focus and technical services. With its new sales structure, Osram Opto Semiconductors is responding to the growing demand for high-quality applications, engineering and technical services.

San Jose, CA, April 7, 2003. Osram Opto Semiconductors has assumed all worldwide sales activities from Infineon Technologies AG, its former joint venture partner. As a result, the wholly-owned Osram GmbH subsidiary is strengthening its customer focus and technical services. With its new sales structure, Osram Opto Semiconductors is responding to the growing demand for high-quality applications, engineering and technical services. Specialists from various divisions will provide high-level technical support for the opto-semiconductor components offered by the company.

"We are looking forward to more direct cooperation with our customers," said Ulrich Geiger, vice president of sales at Osram Opto Semiconductors GmbH. "With our new sales structure, we shall be expanding our core competence in opto-semiconductor system solutions."

Opto-semiconductors are an enormous strategic product area for Osram, one of the three largest lighting manufacturers in the world, due to the strong growth potential in the medium term, with light emitting diodes rapidly addressing more and more traditional applications areas.

In this new sales structure, Osram Opto Semiconductors will also make use of the existing Osram GmbH sales channels. Distribution partners formerly established by Infineon will continue to play an important role in their targeted marketing activities.

Osram Opto Semiconductors GmbH was founded in 1999 as a joint venture between Osram GmbH and Infineon Technologies AG (formerly Siemens Semiconductor Division). In the summer of 2001, Osram GmbH acquired all Infineon shares in the sale of opto-semiconductors.

Osram Opto Semiconductors is a subsidiary of Osram, one of the three largest lighting manufacturers in the world. The company offers its customers solutions based on semiconductor technology for the lighting, sensor and visualization. The company has sites in Regensburg, San Jose (USA) and Penang (Malaysia). In the 2002 fiscal year (to the end of September) its 3370 employees produced sales totaling EURO 309 million.

For more information, visit www.osram-os.com .

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