JAZZ SEMICONDUCTOR'S ANALOG BCD PROCESS CHOSEN BY NEXSEM TO DEVELOP NEW LINE OF SYNCHRONOUS PWM CONTROLLERS

Industry Proven Process Enables Reduction in Die Size and Better Performance

NEWPORT BEACH and IRVINE, Calif., August 13, 2007 - Jazz Semiconductor, a leader in specialty RF and Analog foundry solutions and wholly-owned subsidiary of Jazz Technologies, Inc. (AMEX: JAZ), and Nexsem, a provider of power management integrated circuits (ICs), today announced Nexsem has selected Jazz Semiconductor's 0.5-micron Bipolar-CMOS-DMOS (BCD05) process technology targeted for power management ICs. By utilizing BCD05, Nexsem will be able to develop a variety of products such as step down (Buck) converters widely used in power management products.

BCD05 is an industry proven 40V BCD process that features dual gate oxides (5.5V and 16V), complementary N- and P-channel MOSFETs with 5V, 7V, 16V, and 30V capabilities, vertical NPN (VNPN) and lateral PNP (LPNP) bipolar transistors, a variety of passive elements, and an NMOS device rated for 40V operation. This process provides a versatile platform for applications requiring BiCMOS or BCD-only process technologies and integrates 0.5 micron CMOS with high-voltage drivers, enabling the fabrication of complex smart-power chips and is well-suited for applications such as power management and smart power, motor control, gate drivers and microprocessor supervisory circuits. BCD05 is one of three generations of BCD technology offered by Jazz Semiconductor, the other two having 0.25-micron (BCD25) and 0.18-micron (BCD18) feature sizes to enable the increasing levels of integration of next-generation products.

"We chose the BCD process offered by Jazz due to its maturity and the features that enable higher levels of integration, smaller die size and better performance," said Amir Asvadi, President of Nexsem.

"We are excited by the breakthrough products customers like Nexsem are creating with our 40V BCD process family which now spans from 0.5-micron (BCD05) to 0.25 and 0.18-micron (BCD25 and BCD18)," said Marco Racanelli, vice president of technology and engineering, Jazz Semiconductor. "By offering multiple BCD nodes, Jazz provides customers like Nexsem a mature platform for current products and the ability to create more highly integrated products in the future while maximizing re-use of high-voltage IP."

Jazz Semiconductor offers full design kits, models and documentation for both processes, and additional information or access to the technologies can be requested through Jazz Semiconductor at info@jazzsemi.com.

About Nexsem Inc.
Nexsem designs and manufactures proprietary and standard integrated circuits for the computer, telecommunications and consumer markets. The company defines and develops innovative and cost-effective products, providing technology solutions for power management applications. For more information, please visit www.nexsem.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. For more information, please visit www.jazzsemi.com.

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Nexsem Company Contact
Reza Amirani
949/453-0714
ramirani@nexsem.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