Dynex Power to announce fiscal 2009 financial results and hold conference
call April 19

LINCOLN, England, April 16 /CNW Telbec/ - Dynex Power Inc. (TSX-V:DNX) today announced that it intends to announce its fiscal 2009 financial results on Monday, April 19, 2010, prior to opening of markets.

A conference call for analysts and interested listeners will be held Monday, April 19 at 11:00 a.m. (ET). The call-in numbers for participants are 888 231 8191 and 647 427 7450.

A replay of the call will be available on Monday, April 19 until Monday, April 26, 2010. To access the replay, call 416 849 0833 or 800 642 1687 enter pass code number 69345284, and then press the pound # key.

About the Company

Dynex designs and manufactures high power bipolar semiconductors, high power insulated gate bipolar transistor (IGBT) modules, high power electronic assemblies and radiation hard silicon-on-sapphire integrated circuits (SOS IC's). The company's power products are used worldwide in power electronic applications including electric power transmission and distribution, renewable and distributed energy, marine and rail traction motor drives, aerospace, electric vehicles, industrial automation and controls and power supplies. Our IC products are used in demanding applications in the aerospace industry. Dynex Semiconductor Ltd is its only operating business and is based in Lincoln, England in a facility housing the fully integrated silicon fabrication, assembly and test, sales, design and development operations. Dynex is majority owned by Zhuzhou CSR Times Electric Co., Ltd.

Zhuzhou CSR Times Electric Co., Ltd. is based in Hunan Province in the People's Republic of China. It is listed on the Hong Kong stock exchange. CSR Times Electric is mainly engaged in the research, development, manufacture and sales of locomotive train power converters, control systems and other train-borne electrical systems, as well as the development, manufacturing and sales of urban railway train electrical systems. In addition, CSR Times Electric is also engaged in the design, manufacturing and sales of electric components including power semiconductor devices for the railway industry, urban railway industry and non-railway purposes.

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SOURCE Dynex Power Inc.

For further information: For further information: Bob Lockwood, Finance Director and Chief Financial Officer, Tel: +44 1522 500 500, Email: investorrelations@dynexsemi.com

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