NANORADIO SELECTS JAZZ SEMICONDUCTOR'S 0.35-MICRON SiGe BiCMOS PROCESS FOR PRODUCTION OF ULTRA LOW POWER RF TRANSCEIVER

Nanoradio Targets Mobile Phone Market for WLAN, Providing Larger Bandwidth and Lower Power Consumption than Current Short Range Communication Methods

STOCKHOLM, Sweden and NEWPORT BEACH, Calif., July 12, 2007 - Nanoradio AB, a semiconductor supplier targeting the cellular handset and multimedia consumer electronics market and Jazz Semiconductor®, a leading RF and Analog foundry wholly owned by Jazz Technologies™, Inc. today announced that Nanoradio has selected Jazz Semiconductor's 0.35-micron SiGe BiCMOS process (SBC35) to manufacture its NRX511 radio IC, a fully integrated RF transceiver optimized on the 2,4 - 2,5GHz ISM band. Nanoradio's chip is targeted for use in portable devices such as mobile phones and multimedia players where power consumption is critical for optimal user experience. The design uses differential RF-input and output to optimize the RF performance. Channel filtering is provided on-chip and no extra SAW filters are required. The NRX511 provides an on-chip high efficient RF power amplifier to minimize bill of materials and solution cost.

As the Fixed-Mobile Convergence Alliance (FMCA) points out, the trend in the telecom industry is convergence of fixed and mobile networks, turning the mobile phone into a single multimedia device. WLAN enables wireless bridges connecting the fixed and mobile networks, providing mobile broadband anywhere, any time. Global operators are catching this trend and have joined forces in the FMCA which represents over 850 million customers who stand to benefit from the development of convergence products and services. Nanoradio's unique WiFi solutions fully support the exploding demand for VoIP, music down loads and IP TV in the converging networks. Nanoradio's key offering features include ultra-low power consumption in all WiFi modes, a highly integrated solution which enables low cost for customers, and an impressive small footprint. Nanoradio offers the WiFi chipset solution in a complete System in Package (SiP) or in Chip Scale Package (CSP) together with MAC host software and reference designs.

Nanoradio chose Jazz Semiconductor's 0.35-micron SiGe BiCMOS (SBC35) to provide a low-power, high performance and cost-effective solution for development of its NRX511 high frequency WLAN RF transceiver. SBC35 is targeted for networking and wireless applications, providing designers with the flexibility of using any combination of three SiGe bipolar (NPN) transistors, each of which provides a different optimization for power and speed. The speed transistor has an Ft of 62GHz and is used for high-performance blocks while the high power transistor can be used to integrate power amplifiers or high-speed drivers on the same chip. In addition to the three NPN transistors, SBC35 comes standard with 3.3 volt CMOS, deep trench isolation, lateral PNP transistors, MIM and MIS capacitors, high-performance varactors, poly and Nwell resistors, and high-Q inductors. SBC35 options include 5V CMOS, a vertical PNP transistor, triple-well isolation, and a thick top-metal.

"We selected Jazz as the manufacturer of our RF transceivers because we are convinced that Jazz's SiGe process provides superior RF performance at mainstream silicon cost. In addition, the modeling of the proven SiGe BiCMOS process and Jazz's RF expertise in manufacturing high quality RF devices have been key parameters," said Pär Bergsten, CEO of Nanoradio AB.

"We are excited by the breakthrough products innovative customers like Nanoradio are able to create with SBC35, our mature, 0.35-micron SiGe process," said Marco Racanelli, vice president of technology and engineering, Jazz Semiconductor. "SBC35 is now part of a suite of three generations of SiGe BiCMOS at Jazz that also includes a high performance 0.18-micron process (SBC18) and a low-power, streamlined 0.13-micron process (SBL13) offering customers the right cost, performance, and level of integration for advanced wireless and high-speed networking products."

About Nanoradio
Nanoradio AB, founded in March 2004 and based in Stockholm Sweden, is a fabless semiconductor company providing wireless solutions for the cellular handset and consumer electronics market. Nanoradio has developed a state of the art technology for integrated circuits with focus on the critical success factors for handheld products, namely, power consumption, physical size and total cost for customer. Nanoradio has a team of 70 people with extensive experience from the cellular and wireless industry as well as semiconductor industry and start-ups. Nanoradio has a global sales and support structure since 2005 with offices in Korea, USA and Japan. Nanoradio's unique low power WLAN chipset makes high speed wireless access possible in portable electronics. For more information please visit: www.nanoradio.com.

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.

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Nanoradio Company Contact
Carl-F. Elgh
+46 733 94 14 00
carl.elgh@nanoradio.com

Nanoradio Media Contact
Annika Engelhart
+46 733 25 80 33
annika.engelhart@nanoradio.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