EL SEGUNDO, Calif., December, 2004 - International Rectifier, IR® (NYSE: IRF), a world leader in power management technology, and Memec, a global semiconductor distributor specializing in demand creation, today announced the signing of a global distribution agreement. International Rectifier values Memec's demand creation model and has selected the distributor to provide technical sales, marketing, distribution and logistics globally as an extension of IR's existing sales and support channels. Memec has offices in more than 30 countries, including Japan, and 130 cities.

Robert Grant, International Rectifier's executive vice president of sales and corporate marketing said, "This relationship will strengthen our position in target markets, utilizing our expanding proprietary product portfolio. Together, we can deliver innovative power management solutions to a broad base of customers."

"Memec strives to partner with companies who both lead the industry and develop products that enhance Memec's portfolio," said Greg Provenzano, senior vice president of Memec's global supplier group. "International Rectifier's power management solutions enable Memec to create demand, while helping customers develop highly differentiated products. IR's solutions will complement Memec's existing portfolio strength in the communications, storage, industrial and medical markets."

IR power management solutions will be sold globally through Memec's distribution divisions. Customers can learn more by calling 800-556-0225 or visiting Memec's website.

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 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.

About Memec

Memec is a global semiconductor distributor specializing in demand creation and servicing the electronics industry with more than 2,400 employees, including over 1,800 field application engineers, technical sales specialists, technical marketing professionals, and account representatives around the world. The company provides original equipment manufacturers with engineering expertise and a portfolio of semiconductor devices, and helps design customized, differentiated products.

Trademark Notice

IR® and HEXFET® are registered trademarks of International Rectifier Corporation. All other product names noted herein may be trademarks of their respective holders.