DION Dionics Inc (CE)

Dionics, Inc., (OTCBB:DION) a semiconductor / micro-electronics manufacturer known for its high reliability PV (photo-voltaic) MOSFET-Drivers, today announced its filing with the SEC of the Company's Form 10Q for the First Quarter of 2010. Sales volume rose almost 25%, reaching $211,000 as compared to $169,600 in the same period last year. Losses for the current period were reduced by slightly more than half, falling to $29,800 as compared to a loss of $64,700 in the First Quarter of 2009.

Bernard L. Kravitz, president of Dionics, Inc., commented that, "Of course, we are pleased to see that this year's First Quarter has continued the trend of improvements that started in the Fourth Quarter of 2009. And," he continued, "although long-term visibility is still quite limited, the Second Quarter of this year does appear to be shaping up as further  continuation of the improvements we have just seen.  Especially pleasing," he explained, "is the growing significance that our PV MOSFET-Drivers are gaining in the Company's sales picture. In fact, we recently placed a product write-up on our website, www.dionics-usa.com . On the first page, under Optoelectronic and PV Products,  just click on 'What is a PV MOSFET-Driver?' We hope readers will find it informative," he concluded.

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.

CONTACT:  Dionics, Inc.

          Bernard L. Kravitz, President

          (516) 997-7474