Jazz Semiconductor�, the leader in Analog-Intensive Mixed-Signal (AIMS) foundry solutions and wholly owned subsidiary of Jazz Technologies�, Inc. (AMEX:JAZ) announces it has named Richard Nakajima, Cubic Micro as Japan country manager. The Cubic Micro office in Japan will serve as a base to accelerate business and provide sales, marketing and customer support for Jazz�s specialty process technologies to address the needs of RF, power, and high precision analog markets. According to the Semiconductor Industry Association (SIA), the analog market in Japan for 2007 was estimated at $5,585.6M which was 15.5% of the total worldwide analog market. The high speed analog and wireless markets are demanding higher performance, better noise margins and lower power along with digital gates. Jazz is well positioned to meet the requirements of the Japan market for high speed and wireless applications. Jazz Semiconductor�s specialty AIMS technology solutions including Silicon Germanium (SiGe) and Bipolar CMOS DMOS (BCD) provide designers with increased flexibility, greater levels of integration and higher analog performance than what is currently available with CMOS technology. Jazz also provides leading design enablement kits that allow customers to realize optimal performance of their designs while reducing design cycle time. �Richard Nakajima has an extensive background in foundry services and a record of high achievement," said Chuck Fox, VP of Sales and Marketing. �I am confident his leadership and experience will help the sales team address our Japanese customers� needs more effectively, and drive Jazz�s next growth phase in Japan�s RF, power, and high precision analog markets." Commenting on his appointment, Richard Nakajima said, �I am pleased to join the highly focused and committed Jazz team and I am looking forward to further developing our customer base throughout Japan. Jazz offerings including its advanced SiGe and BCD process technologies meet the requirements and market demands for this region�s high speed and wireless applications." About Cubic Micro Cubic Micro is a leading International Manufacturer�s Representative and RF Design Services company, located in Silicon Valley (Northern California), Japan (Yokohama and Osaka) and an RF Design Center in Singapore. The company provides major�international semiconductor companies with support in sales, marketing, consulting and RF Design Services (www.cubicmicro.com). About Jazz Semiconductor Jazz Semiconductor,� a wholly owned subsidiary of Jazz Technologies,� Inc. (AMEX: JAZ), is the leading independent wafer foundry focused on Analog-Intensive Mixed-Signal (AIMS) CMOS process technologies. The company�s broad portfolio of modular AIMS technologies includes RFCMOS and specialty CMOS processes, such as Enhanced RFCMOS, BiCMOS, SiGe BiCMOS, Bipolar-CMOS-DMOS, and High Voltage CMOS. These technologies are designed to produce analog and mixed-signal semiconductor devices that are smaller and more highly integrated, power-efficient, feature-rich and cost-effective than those produced using standard process technologies. Jazz also offers world-class design enablement tools to speed customers� time from design to revenue production. The Company serves customers in the wireless and high-speed wireline communications, consumer electronics, automotive and industrial end markets. Jazz executive offices and its U.S. wafer fabrication facilities are located in Newport Beach, CA. Jazz Semiconductor also has engineering, manufacturing, and sales support in Shanghai, China. For more information, please visit www.jazzsemi.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including the statements relating to growth in the analog IC market and the development and execution of our strategic business initiatives. Forward-looking statements are typically identified by words or phrases such as "trend," "potential," "opportunity," "pipeline," "believe," "expect," "anticipate," "intention," "estimate," "position," "assume," "outlook," "continue," "remain," "maintain," "create" "sustain," "seek," "achieve," and similar expressions, or future or conditional verbs such as "will," "would," "should," "could," "may" and similar expressions. Forward-looking statements are based largely on expectations and projections about future events and future trends and are subject to numerous assumptions, risks and uncertainties, which change over time. Actual results and consequences, including any expected benefits and anticipated cost savings over competing technologies, could differ materially from those anticipated in forward-looking statements and you should not place any undue reliance on such forward looking statements. Factors that could cause actual performance to differ from these forward-looking statements include the risks and uncertainties disclosed in Jazz Technologies� filings with the SEC. Jazz Technologies� filings with the SEC are accessible on the SEC�s website at http://www.sec.gov. Forward-looking statements speak only as of the date they are made. Jazz Technologies assumes no obligation to update forward-looking statements.
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