|


Jazz and Fujitsu to Collaborate on Providing Complete Solution
for 90nm and 65nm RFCMOS Foundry Customers
Expansion of Foundry Business for RFCMOS System-on-Chip Solutions
TOKYO, Japan, May 25, 2007; SUNNYVALE and NEWPORT BEACH, Calif.,
May 24, 2007 - Fujitsu Limited (Fujitsu), Fujitsu Microelectronics
of America, Inc. (FMA), and Jazz Semiconductor, Inc. (Jazz), a wholly
owned subsidiary of Jazz Technologies, Inc. (AMEX: JAZ), announced
today that they will work together to manufacture System-on-Chip
(SoC) products for RFCMOS devices. Under a Memorandum of Understanding
signed by the companies, the collaboration is designed to combine
superior RF and mixed-signal expertise from Jazz and leading-edge
existing 90nm and 65nm manufacturing technology from Fujitsu, enabling
both companies to deliver high-performance Customer Owned Tooling
(COT) foundry services to SoC customers. The alliance will enable
Fujitsu to offer Jazz's high-precision RF models and design kits
using Fujitsu's 90nm and 65nm low-leakage, leading-edge LSI manufacturing
process. The companies will conduct joint marketing and sales activities,
and the products will be manufactured at Fujitsu's 300 mm Mie fab
located in Kuwana city, Mie prefecture in Japan.
"We are pleased to announce this agreement with Jazz, and
we are confident that we will provide optimal solutions to our mutual
customers," said Shigeru Fujii, corporate senior vice president
and group president of Fujitsu's Electronic Devices Business Group.
"The wireless SoC market is becoming increasingly important.
Through this collaboration, we will support customers as they expand
their markets."
"Jazz has RF modeling capabilities, a specialized design
platform in analog and mixed-signal technologies and RF expertise.
Coupled with Fujitsu's 65nm and 90nm process technologies and comprehensive
library of digital IPs, our joint efforts with Jazz will provide
customers access to state-of-the art and flexible manufacturing
technology that will provide first-rate solutions," said Kazuyuki
Kawauchi, president and chief executive officer at Fujitsu Microelectronics
America.
"This collaboration demonstrates Jazz and Fujitsu's commitment
to developing solutions to quickly and effectively address our customers'
next-generation technology needs," said Gil Amelio, chairman
and chief executive officer, Jazz Technologies, Inc. "The joint
development model is a cost-effective approach to providing innovative
manufacturing solutions. The relationship with Fujitsu will aid
in the expansion of our technology roadmap by enabling us to offer
RFCMOS in Fujitsu's advanced 90/65nm technology nodes."
About Fujitsu
Fujitsu is a leading provider of customer-focused IT and communications
solutions for the global marketplace. Pace-setting device technologies,
highly reliable computing and communications products, and a worldwide
corps of systems and services experts uniquely position Fujitsu
to deliver comprehensive solutions that open up infinite possibilities
for its customers' success. Headquartered in Tokyo, Fujitsu Limited
(TSE:6702) reported consolidated revenues of 5.1 trillion yen (US$43.2
billion) for the fiscal year ended March 31, 2007. For more information,
please see www.fujitsu.com, e-mail edevice@fujitsu.com, or call
+81-42-532-1434. For public and investor relations, please visit:
https://www-s.fujitsu.com/global/news/contacts/inquiries/index.html.
About Fujitsu Microelectronics America
Fujitsu Microelectronics America, Inc. (FMA) leads the industry
in innovation. FMA provides high-quality, reliable semiconductor
products and services for the networking, communications, automotive,
security and other markets throughout North and South America. For
product information, visit the company web site at http://us.fujitsu.com/micro/wafer,
address e-mail to inquiry@fma.fujitsu.com, or call 1-800-866-8608.
About Jazz Semiconductor
Jazz Semiconductor®, a wholly owned subsidiary of Jazz Technologies,
Inc. (AMEX: JAZ), is an independent wafer foundry primarily focused
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. The company's specialty
process technologies are designed for customers who seek 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 customers
target 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. The company has expanded its
wafer capacity in China through manufacturing alliances with Advanced
Semiconductor Manufacturing Corporation and Hua Hong NEC Electronics
Co., Ltd. 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.
Forward-looking statements are typically identified by words or
phrases such as "trend," "potential," "opportunity,"
"collaboration," "pipeline," "believe,"
"expect," "anticipate," "intention,"
"undertaking," "estimate," "position,"
"assume," "outlook," "continue," "to
deliver," "remain," "maintain," "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,
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.
Company and product names mentioned herein are trademarks or registered
trademarks of their respective owners. Information provided in this
press release is accurate at time of publication and is subject
to change without advance notice.
Fujitsu Company Contact
Emi Igarashi
408/737-5647
eigarash@fma.fujitsu.com
Jazz Company Contact
Melinda Jarrell
949/435-8181
melinda.jarrell@jazzsemi.com
Jazz Media Contact
Lauri Julian
949/715-3049
lauri.julian@jazzsemi.com
|