FleX Silicon-on-Polymer Available with TowerJazz CMOS Process

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FleX Silicon-on-Polymer Available with TowerJazz CMOS Process

Advanced Foundry Processes Transform Standard Silicon Wafers to Create Physically Flexible ICs

BOISE, Idaho and NEWPORT BEACH, California, January 31, 2013 /PRNewswire/ --

    American Semiconductor, Inc. announces TowerJazz, the global specialty foundry leader,
is the first foundry with a CMOS process (CS18) available for physically flexible wafers
and integrated circuits (ICs) utilizing FleX(TM) Silicon-on-Polymer.(TM) This announcement
was made at the 12th annual Flexible & Printed Electronics Conference presented by the
FlexTech Alliance being held in Phoenix, Arizona on January 29 - February 1, 2013.

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

    FleX Silicon-on-Polymer is American Semiconductor's process for transforming standard
silicon wafers into flexible wafers that can be bent, conformally mounted to non-flat
surfaces, and integrated with printed electronics to create flexible hybrid systems. "FleX
has been successfully demonstrated in various prototype processes," said Rich Chaney,
General Manager of American Semiconductor. "Partnering with TowerJazz to release FleX with
their foundry CS18 process will greatly expand the availability of flexible ICs and is a
benefit to the flexible electronics community."

    "FleX is a post-fabrication process that can be applied to our production SOI
technology making it possible to turn any product into a flexible die helping our
customers create new, differentiated solutions," said Dr. Marco Racanelli, Sr. Vice
President of TowerJazz. "We are excited to partner with ASI and look forward to jointly
participating in the growth of this new market."

    American Semiconductor offers full support for FleX IC and flexible hybrid system
development. This includes IC design support for all TowerJazz CMOS processes, including
CS18-FleX. Design support is available for full custom IC design, IP development or
integration, or any part of the design flow which a customer might want assistance with.
Engineering support for flexible hybrid systems includes printed electronics design and
fabrication, FleX integration, and prototype development.

    FleX is compatible with printed electronics to create flexible hybrid systems that
enable new innovation in many applications including conformal and structurally integrated
antennas, structural health monitoring for automotive and aerospace, and flexible consumer
electronics.

    About American Semiconductor

    American Semiconductor, Inc. is the industry leader in flexible integrated circuits
and flexible hybrid systems development as well as a services provider to create flexible
ICs. As an on-shore, ITAR compliant, flexible products and services provider, American
Semiconductor supports all aspects of flexible design and processing. Services include
FleX(TM) Silicon-on-Polymer(TM) technology and design engineering including design,
verification, layout, and test. Visit us at http://www.americansemi.com.

    American Semiconductor Inc., the American Semiconductor logo, FleX, Silicon-on-Polymer
, are trademarks of American Semiconductor, Inc.

    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.

    American Semiconductor Contact: Rich Chaney | +1-208-336-2773 |
richchaney@americansemi.com

    TowerJazz Media Contact: Lauri Julian | +1-949-435-8181 |
lauri.julian@towerjazz.com

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

    Photo:
    http://photos.prnewswire.com/prnh/20120509/531192

SOURCE  TowerJazz

Photo:http://photos.prnewswire.com/prnh/20120509/531192
http://photoarchive.ap.org/
TowerJazz

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