LCOS Pico-Projector a Key Component of Innovative Toy Product

TAINAN, Taiwan, Jan. 25, 2011 (GLOBE NEWSWIRE) -- Himax Technologies,
Inc.'s ("Himax" or the "Company") (Nasdaq:HIMX) customer, Compal
Communication Inc. (TAIEX:3035; subsidiary of Kinpo Group), today
launched the first pico-projector-embedded robot, Robii, aimed at the
children's interactive education market. The Robii utilizes Himax
Display's (Himax's subsidiary) proprietary Color Filter LCOS
microdisplay with VGA resolution. The Robii's unique feature would be
the Himax pico projector which allows children to project various
interactive games onto any surface for both educational and
entertainment activities.

HC Tsai, Vice President of Himax Display, commented, "This
industry-leading robot uses Himax's proprietary Color Filter
microdisplay which we feel is a perfect fit for the toy market. We are
very excited by the application of our pico-projector technology into
the Robii. Up until now the educational toys with interactive features
have largely required either a separate television/monitor display or
featured small screens on a hand held device. The Robii incorporates
projection to eliminate these obstacles and allows for a fun, dynamic
and interactive experience right out of the box."

Mr. Tsai continued, "This newly-launched product demonstrates another
successful and innovative application of our LCOS pico-projectors.
Himax's Color Filter technology enables a simple optical engine design
with just one WLED as the light source. The streamlined architecture
and abundant supply base of WLED facilitate the assembly process and
mass production of the Color Filter optical engines at an economical
price point. There are numerous toy makers developing various new
products which incorporate pico-projectors to grasp new market
potential. The projection function allows our customers to bring new
levels of creativity to toy design. Moving forward we can expect even
more children's educational products adopting pico-projectors in their
design."

Himax Display also features a complete Color Filter microdisplays
product lineup. Among them, the QVGA (320X240), VGA (640X480) and SVGA
(800X600) microdisplays are already in mass production. With further
development in technology and innovation in products, the children's
education market is expected to be another growing area for LCOS
pico-projectors in the future.

About Himax Technologies, Inc.

Himax Technologies, Inc. designs, develops, and markets semiconductors
that are critical components of flat panel displays. The Company's
principal products are display drivers for large-sized TFT-LCD panels,
which are used in desktop monitors, notebook computers and televisions,
and display drivers for small- and medium-sized TFT-LCD panels, which
are used in mobile handsets and consumer electronics products such as
netbook computers, digital cameras, mobile gaming devices, portable DVD
players, digital photo frame and car navigation displays. In addition,
the Company is expanding its product offerings to include timing
controllers, touch controller ICs, LCD TV and monitor chipset
solutions, LCOS projector solutions, power management ICs, CMOS Image
Sensors, Infinitely Color Technology and 2D to 3D conversion solutions.
Based in Tainan, Taiwan, the Company has regional offices in Hsinchu
and Taipei, Taiwan; Ninbo, Foshan, Fuqing, Beijing, Shanghai, Suzhou
and Shenzhen, China; Yokohama and Matsusaka, Japan; Cheonan-si,
Chungcheongnam-do, South Korea; and Irvine California, USA.

Forward-Looking Statements:

This press release contains forward-looking statements that are subject
to risks and uncertainties. Factors that could cause actual events or
results to differ materially include, but not limited to, general
business and economic conditions and the state of the semiconductor
industry; market acceptance and competitiveness of the driver and
non-driver products developed by the Company; demand for end-use
applications products; reliance on a small group of principal
customers; the uncertainty of continued success in technological
innovations; our ability to develop and protect our intellectual
property; pricing pressures including declines in average selling
prices; changes in customer order patterns; changes in estimated
full-year effective tax rate; shortages in supply of key components;
changes in environmental laws and regulations; exchange rate
fluctuations; regulatory approvals for further investments in our
subsidiaries; our ability to collect accounts receivable and manage
inventory; our ability to retain and attract key personnel; the
uncertainties associated with our Taiwan listing plan which is subject
to change due to, among other things, changes in Taiwan or US
authorities' policies and Taiwan regulatory authorities' acceptance of
any listing application to be filed by the Company, and other risks
described from time to time in the Company's SEC filings, including
those risks identified in the section entitled "Risk Factors" in its
Form 20-F for the year ended December 31, 2009 filed with SEC on dated
June 3, 2010 as may be amended.


CONTACT: Jessie Wang / Jessica Huang
         Investor Relations
         Himax Technologies, Inc.
         +886-2-2370-3999 Ext. 22618 / 22513
         jessie_wang@himax.com.tw
         jessica_huang@himax.com.tw
         
         In the U.S.
         Joseph Villalta
         The Ruth Group
         +1-646-536-7003
         jvillalta@theruthgroup.com