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Tuesday, January 15, 2013

TowerJazz to Present at Mentor Forum Israel on January 15, 2013

Source: Reuters 


TowerJazz, the global specialty foundry leader, today announced its
participation at the  Mentor Forum Israel  on  January 15, 2013  at the Hilton
Tel-Aviv hotel. TowerJazz is utilizing several Mentor tool sets, both for design
and mask generation, and will be exhibiting at the event. TowerJazz will also
provide two presentations; Mr.  Amir Oren, Senior Program Manager, Mask
Technology Group, will discuss automated Design Rule Checking (DRC) waiver
technology and Mr.  Ronen Hasnes, Design Enablement Manager will present on
TowerJazz's reference flow and its use of Mentor's Calibre PERC product.

     (Logo:  http://photos.prnewswire.com/prnh/20120509/531192  )


Mr. Oren's talk will take place at 15:15 in the physical verification track
under "Double Patterning and the Calibre Platform: A Deep Dive" and will focus
on the DRC violation auto waiver, a technique implemented on GDSII files
intended to reduce the amount of DRC errors that appear when run. Usually these
errors, if approved by an integrator, take a lot of time as the approval is done
manually and on a case-by-case basis. By having an automatic runset that
identifies and approves these cases, it saves a lot of time and allows a more
fluent tapeout flow. It also allows the debug to focus on the errors that need
to be corrected, if any.

TowerJazz's presentation on its reference flow and use of Mentor's Calibre PERC
solution will be provided by Mr. Hasnes at 11:55 in the physical verification
track under "Using Calibre PERC for Circuit Reliability Verification." Calibre
PERC provides the unique ability to combine schematic (netlist) and physical
layout criteria and measurements to perform advanced checks that were previously
done manually because they were difficult or impossible to automate. TowerJazz
is currently using Calibre PERC internally to create specialized circuit
reliability checks for its customers, which include but are not limited to
electrostatic discharge (ESD), charge device modeling (CDM), and power
management propagation checks. TowerJazz is also planning to issue Calibre PERC
rule decks to TowerJazz customers.

"We are pleased to collaborate with Mentor and develop these unique usages for
their tool sets. The development by the TowerJazz design center and mask groups
with the Mentor support team will provide better design-rule coverage for our
customers increasing their confidence in the design and getting to market
faster," said Ori Galzur, Vice President of the TowerJazz VLSI Design Center.
"Enabling a clean DRC run will ease the tapeout procedure for our customers and
allow them to develop products with a higher confidence level in their design."

For more information on TowerJazz's participation at the Mentor Forum Israel,
please contact:  Roni Oren:  roni.oren@towerjazz.com. To learn more about the
event, please visit:  http://www.mentor.com/events/mentor-forum/israel/.

About TowerJazz

Tower Semiconductor Ltd. (NASDAQ: TSEM, TASE: TSEM), its fully owned U.S.
subsidiary Jazz Semiconductor Ltd., and its fully owned Japanese subsidiary
TowerJazz Japan, Ltd., operate collectively under the brand name TowerJazz, the
global specialty foundry leader. TowerJazz manufactures integrated circuits with
geometries ranging from 1.0 to 0.13-micron, offering a broad range of
customizable process technologies including: SiGe, BiCMOS, Mixed-Signal and
RFCMOS, CMOS Image Sensor, Power Management (BCD), and Non-Volatile Memory (NVM) as well as CMOS and MEMS capabilities. TowerJazz also offers a world-class
design enablement platform that complements its sophisticated technology and
enables a quick and accurate design cycle. In addition, TowerJazz provides
(TOPS) Technology Optimization Process Services to IDMs as well as fabless
companies that need to expand capacity, or progress from an R&D line to a
production line. To provide multi-fab sourcing, TowerJazz maintains two
manufacturing facilities in  Israel, one in the U.S., and one in  Japan  with
additional capacity available in  China  through manufacturing partnerships. For
more information, please visit  http://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.

About Mentor Graphics

Mentor Graphics Corporation is a world leader in electronic hardware and
software design solutions, providing products, consulting services and
award-winning support for the world's most successful electronic, semiconductor
and systems companies. Established in 1981, the company reported revenues in the
last fiscal year of about  $1,015 million. Corporate headquarters are located at
8005 S.W. Boeckman Road,  Wilsonville, Oregon  97070-7777. World Wide Web site: 
http://www.mentor.com/.

(Mentor Graphics and Calibre are registered trademarks of Mentor Graphics
Corporation. All other company or product names are the registered trademarks or
trademarks of their respective owners.)

Company/Media Contact in  Israel/Europe: Roni Oren  | +972-4-604-7738 | 
roni.oren@towerjazz.com

Investor Relations Contact:  Noit Levi | +972-4-604-7066 | 
noit.levi@towerjazz.com