Dionics, Inc. Letter to Shareholders Reviews 2009 and Recent Key Events; Early View of 2010: 'Likely Shaping Up as a Year of Significant Bounce-Back.'

WESTBURY, N.Y., Feb. 22 /PRNewswire-FirstCall/ -- Dionics, Inc. (OTC Bulletin Board: DION), a semiconductor/ micro-electronics manufacturer best known for its high reliability PV (photo-voltaic) MOSFET-Drivers, today released an open Letter to Shareholders from its President and CEO, Bernard L. Kravitz.

To Our Shareholders,

The Year 2009, as it did for most companies, presented Dionics, Inc. with both major challenges and serious disappointments. Yet, for those paying attention, it became obvious by yearend that the clouds were parting and a few rays of sunlight were shining through. I am pleased to review some of the key events with you, both the negative and the positive.

• Sales volume in 2009 (unaudited) fell approximately 50% from the 2008 level.
• The substantial Profit of 2008 turned into a 2009 Loss of about $250,000 (unaudited).  
• 2009's Q-3 was a "perfect storm" of very low sales volume and very high losses.
• 2009's Q-4, however, was when we closed on a new $440,000 "control" investment by CML, a British Virgin Islands company.
• Our new investors have significant business contacts in Asia, particularly in China. Being well-aware of the large market potential for our key product-line, PV MOSFET-Drivers, they have already begun developing sales opportunities there, and are also alert  for companies that might be strategic M & A candidates to further support our new corporate growth plans.
• Using only home-based domestic quoting activity plus actual new-order bookings, the year 2010 is beginning to appear capable of producing a significant "bounce-back" from the low sales level of 2009.
• Bottom Line?  2009 is in the past, and we now look forward to a much stronger 2010.

We thank our shareholders, employees and customers for remaining loyal to us through a very difficult 2009 and, in 2010 and beyond, we hope to make you all glad you did. The long-term future for Dionics, Inc. has seldom looked this bright.  So...stay tuned!

Forward-Looking Statements

Statements contained herein that are not based on current or historical fact are forward-looking in nature. Such forward-looking statements reflect the Company's expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. When used herein, the words "anticipate," "believe," "estimate," "plan," "intend" and "expect" and similar expressions, as they relate to Dionics, Inc. or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties and other factors that could cause the Company's actual results, performance, prospects and opportunities to differ materially from those expressed or implied by these forward-looking statements. Certain of those factors are discussed in the Company's filings with the Securities and Exchange Commission. Except as required by the Federal Securities law, the Company does not undertake any obligations to release publicly any revisions to forward-looking statements to reflect events or circumstances after the date hereof or for any other reason.

SOURCE Dionics, Inc.

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