|


JAZZ SEMICONDUCTOR, INC. FILES REGISTRATION STATEMENT FOR INITIAL
PUBLIC OFFERING
NEWPORT BEACH, Calif., April 24, 2006
-- Jazz Semiconductor, Inc. announced today that it has filed a
registration statement with the Securities and Exchange Commission
for the proposed initial public offering of its common stock.
The underwriters of the offering will be Cowen & Company and
Needham & Company, LLC, acting as joint book-running managers,
and Wachovia Securities acting as co-manager. The offering will
be made only by means of a prospectus. When available, copies of
the preliminary prospectus relating to this offering may be obtained
from Cowen & Company, Prospectus Department, 1221 Avenue of
the Americas, New York, NY 10020, from Needham & Company, LLC,
445 Park Avenue, New York, NY 10022, or from Wachovia Securities,
375 Park Ave, New York, NY 10152.
A registration statement relating to these securities has been
filed with the Securities and Exchange Commission but has not yet
become effective. These securities may not be sold nor may offers
to buy be accepted prior to the time the registration statement
becomes effective. This press release shall not constitute an offer
to sell or the solicitation of an offer to buy nor shall there be
any sale of these securities in any state in which such offer, solicitation
or sale would be unlawful prior to registration or qualification
under the securities laws of any such state.
About Jazz Semiconductor
Jazz Semiconductor is an independent wafer foundry focused
primarily on specialty CMOS process technologies, including High
Voltage CMOS, SiGe BiCMOS and RFCMOS for the manufacture of highly
integrated analog and mixed-signal semiconductor devices. Jazz serves
customers targeting wireless, optical networking, power management,
consumer electronics, storage, aerospace/defense and other high performance
applications. Jazz executive offices and its U.S. wafer fabrication
facilities are located in Newport Beach, CA. For more information, please
visit www.jazzsemi.com.
Jazz Company Contact
Jessica McNaughton
949/435-8086
jessica.mcnaughton@jazzsemi.com
Jazz Media Contact
Lauri Julian
949/715-3049
l.julian@mediaconnectpr.com
|