MIGDAL HAEMEK and ALONEY ABA, Israel, September 11, 2014 — TowerJazz, the global specialty foundry leader, today announced it has enhanced its customer support program through a partnership with Etesian Semiconductor, a provider of ‘boutique’ foundry program management services for high complexity products with low to medium volume production. Etesian provides unique integration between customers’ needs and manufacturers’ capabilities. The collaboration offers TowerJazz’s customers the option of using Etesian as program and supply chain manager throughout various stages of design/prototyping, yield analysis, and production. The engagement will focus on the European market and will include projects using all the various process technologies TowerJazz offers, starting with CMOS image sensor applications.
TowerJazz will hold its European Technology Global Symposium (TGS) on September 18, 2014 at the Hyatt Place Hotel, Amsterdam Airport, where Etesian will showcase as a special partner its program management services. For more information or to register for TGS Europe, please visit: http://www.towerjazz.com/tgs/.
“Etesian employees are very familiar with TowerJazz processes and are located near our Migdal Haemek facility which enables them to react fast,” said Dr. Avi Strum, TowerJazz’s VP and GM, CMOS Image Sensors Business Unit and VP Sales, Europe. By utilizing the Etesian team's capabilities and support model, our customers benefit from additional foundry services beyond wafers such as test, packaging, and special starting material.”
“With the recent years’ growth of TowerJazz and its superb foundry technology offerings, we are enhancing the support to the customers for the high complexity projects through our ‘boutique’ support model,” said Etesian’s Founder and CEO, Elie Toledano.
For more information on working with TowerJazz and Etesian’s team, please contact Elie Toledano at firstname.lastname@example.org.
Etesian Semiconductor Ltd. provides unique integration between customers’ needs and manufacturers’ capabilities, assuming full responsibility for managing their programs throughout the various stages of development, qualification and production. Etesian offer Program Management and customized solutions for high-complexity semiconductors products with low to medium volume production, targeting professional markets such as medical, scientific, industrial, aerospace, and other high-end applications. Among Etesian’s clients one can find leading product companies, design houses, research institutes and universities. Etesian support additional stages when needed for product development and production, including tailored silicon substrates, wafer testing, assembly and final test, for which we have established partnership with key industry vendors. For More Information visit www.etesiansemi.com.
Tower Semiconductor Ltd. (NASDAQ: TSEM, TASE: TSEM) and its fully owned U.S. subsidiary Jazz Semiconductor, Inc. operate collectively under the brand name TowerJazz, the global specialty foundry leader. TowerJazz manufactures integrated circuits, offering a broad range of customizable process technologies including: SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensor, integrated power management (BCD and 700V), and MEMS. TowerJazz also provides a world-class design enablement platform for a quick and accurate design cycle as well as Transfer Optimization and development Process Services (TOPS) to IDMs and fabless companies that need to expand capacity.
To provide multi-fab sourcing and extended capacity for its customers, TowerJazz operates two manufacturing facilities in Israel (150mm and 200mm), one in the U.S. (200mm) and three additional facilities in Japan (two 200mm and one 300mm) through TowerJazz Panasonic Semiconductor Co. (TPSCo), established with Panasonic Corporation of which TowerJazz has the majority holding. Through TPSCo, TowerJazz provides leading edge 45nm CMOS, 65nm RF CMOS and 65nm 1.12um pixel technologies. For more information, please visit www.towerjazz.com.
Safe Harbor Regarding Forward-Looking Statements
This press release includes forward-looking statements, which are subject to risks and uncertainties. Actual results may vary from those projected or implied by such forward-looking statements. A complete discussion of risks and uncertainties that may affect the accuracy of forward-looking statements included in this press release or which may otherwise affect TowerJazz’s business is included under the heading "Risk Factors" in Tower’s most recent filings on Forms 20-F, F-3, F-4 and 6-K, as were filed with the Securities and Exchange Commission (the “SEC”) and the Israel Securities Authority and Jazz’s most recent filings on Forms 10-K and 10-Q, as were filed with the SEC, respectively. Tower and Jazz do not intend to update, and expressly disclaim any obligation to update, the information contained in this release.
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TowerJazz Company Contact: Limor Silberberg | +972-4-604-7249| email@example.com
TowerJazz Investor Relations Contact: Noit Levi | +972-4-604-7066 | firstname.lastname@example.org
Etesian Company Contact: Elie Toledano | +972 524 209 665 | email@example.com
TowerJazz, the global specialty foundry leader, specializes in manufacturing analog integrated circuits for more than 300 customers worldwide in growing markets such as automotive, medical, industrial, consumer and aerospace and defense, among others. more information