Compaq Presents Supplier Partnership Award to Infineon Technologies, Cites Six Quarters of Outstanding Performance by Memory Products Group

Munich, Germany – August 21, 2001 - Munich, Germany - Infineon Technologies (FSE/NYSE: IFX) today announced that it received the 2000 Supplier Partnership Award from Compaq Computer. The award recognizes outstanding performance in meeting Compaq’s corporate objectives for materials procurement and Infineon’s demonstrated commitment to continuous improvement.

Dick Conrad, Compaq's Vice President of Corporate Procurement presented the award to Infineon at a ceremony in Houston, Texas.

"This award is recognition of all the great work that Infineon has done for Compaq over the past year," said Conrad. "As a supplier of a diverse product portfolio to Compaq, and particularly one of our crucial DRAM partners, Infineon set out to differentiate itself in worldwide service and support, and excellent logistic performance. They delivered everything they promised, on time and in first-class quality."

Recipients of the Supplier Partnership Award must meet demanding criteria set by Compaq’s corporate procurement office and measured by each of the company’s manufacturing sites. Each calendar quarter Compaq rates all of its suppliers on quality, cost, supply, technology and responsiveness. Infineon’s Memory Products Group, a principal supplier of DRAM products to Compaq, has been rated in the top position for six consecutive quarters. This performance has been a significant contributor to the receipt of the Supplier Partnership Award 2000.

Harald Eggers, President of Infineon's Memory Product Group, and Jan du Preez, President of Infineon Technologies North America Corp., accepted the award for Infineon.

"This is an especially gratifying moment for all of us at Infineon Technologies," said Eggers. "We have worked hard to place the company at the top of Compaq's vendor ranking. As a worldwide supplier, we will continue to strive to deliver superior levels of service and support to Compaq in each and every one of its manufacturing locations."

Infineon Technologies AG, Munich, Germany, offers semiconductor and system solutions for applications in the wired and wireless communications markets, for security systems and smartcards, for the automotive and industrial sectors, as well as memory products. With a global presence, Infineon operates in the US from San Jose, CA, in the Asia-Pacific region from Singapore and in Japan from Tokyo. In the fiscal year 2000 (ending September), the company achieved sales of Euro 7.28 billion with about 29,000 employees worldwide. Infineon is listed on the DAX index of the Frankfurt Stock Exchange and on the New York Stock Exchange (ticker symbol: IFX). Further information is available at www.infineon.com.


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