Dionics, Inc. Appoints Former Philips Lighting Co. Executive to Post of V.P. for Business Development WESTBURY, N.Y., June 7 /PRNewswire-FirstCall/ -- DIONICS, INC. (OTC Pink Sheets: DION.PK) announced today the appointment of William T. Ryan, formerly a senior executive with Philips Lighting Company, to a new post of Vice-President for Business Development at Dionics. In his previous role at Philips Lighting, Ryan last held the position of LED Group Product Manager and during his 40-year career had been responsible for the successful introduction of several award-winning lighting products. As Vice-President for Business Development at Dionics, he will utilize his many years of lighting-industry experience primarily to help exploit the market potential inherent in the LED- related technology already existing at Dionics. That technology has resulted in a US Patent application by Dionics for a means of utilizing Silicon IC-chip construction to optimize LED performance. This is Dionics' 35th year in business, during which time the company has established an excellent reputation with customers such as Agilent and Lockheed Martin. Having recently developed a broad LED-based technological platform, the company now intends to leverage off this platform to enter several lucrative new markets. These include the Architectural Lighting market as well as markets for embedded LEDs, as used in airplane Exit signs and automobile turn-signals. Dionics, Inc. president, Bernard L. Kravitz, stated, "We are very pleased to have Bill join us in this new role, and we intend to make the most of the growth opportunity his joining us provides. Undoubtedly, he will help open large new markets for our LED-based technology, just one example being Architectural Lighting, and I am sure he will become an invaluable member of the team," he concluded. WRITTEN BY DIONICS, INC. MANAGEMENT, THE PRECEDING TEXT CONTAINS FORWARD- LOOKING STATEMENTS WHICH REFLECT MANAGEMENT'S BEST JUDGMENT OF CURRENTLY AVAILABLE INFORMATION. SHOULD CERTAIN ASSUMPTIONS FAIL TO MATERIALIZE, OR UNEXPECTED ADVERSE EVENTS OCCUR, THE COMPANY MAY NOT REACH MANAGEMENT'S GOALS. DATASOURCE: Dionics, Inc. CONTACT: Bernard L. Kravitz, Pres. of Dionics, Inc., +1-516-997-7474, or Fax: +1-516-997-7479

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