TowerJazz to Present at Mentor Forum Israel on January 15, 2013

       TowerJazz to Present at Mentor Forum Israel on January 15, 2013

PR Newswire

MIGDAL HAEMEK, Israel, January 14, 2013

MIGDAL HAEMEK, Israel, January 14, 2013 /PRNewswire/ --

TowerJazz, the global specialty foundry leader, today announced its
participation at the Mentor Forum Israel on January 15, 2013 at the Hilton
Tel-Aviv hotel. TowerJazz is utilizing several Mentor tool sets, both for
design and mask generation, and will be exhibiting at the event. TowerJazz
will also provide two presentations; Mr. Amir Oren, Senior Program Manager,
Mask Technology Group, will discuss automated Design Rule Checking (DRC)
waiver technology and Mr. Ronen Hasnes, Design Enablement Manager will present
on TowerJazz's reference flow and its use of Mentor's CalibreĀ® PERC product.

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

Mr. Oren's talk will take place at 15:15 in the physical verification track
under "Double Patterning and the Calibre Platform: A Deep Dive" and will focus
on the DRC violation auto waiver, a technique implemented on GDSII files
intended to reduce the amount of DRC errors that appear when run. Usually
these errors, if approved by an integrator, take a lot of time as the approval
is done manually and on a case-by-case basis. By having an automatic runset
that identifies and approves these cases, it saves a lot of time and allows a
more fluent tapeout flow. It also allows the debug to focus on the errors that
need to be corrected, if any.

TowerJazz's presentation on its reference flow and use of Mentor's Calibre
PERC solution will be provided by Mr. Hasnes at 11:55 in the physical
verification track under "Using Calibre PERC for Circuit Reliability
Verification." Calibre PERC provides the unique ability to combine schematic
(netlist) and physical layout criteria and measurements to perform advanced
checks that were previously done manually because they were difficult or
impossible to automate. TowerJazz is currently using Calibre PERC internally
to create specialized circuit reliability checks for its customers, which
include but are not limited to electrostatic discharge (ESD), charge device
modeling (CDM), and power management propagation checks. TowerJazz is also
planning to issue Calibre PERC rule decks to TowerJazz customers.

"We are pleased to collaborate with Mentor and develop these unique usages for
their tool sets. The development by the TowerJazz design center and mask
groups with the Mentor support team will provide better design-rule coverage
for our customers increasing their confidence in the design and getting to
market faster," said Ori Galzur, Vice President of the TowerJazz VLSI Design
Center. "Enabling a clean DRC run will ease the tapeout procedure for our
customers and allow them to develop products with a higher confidence level in
their design."

For more information on TowerJazz's participation at the Mentor Forum Israel,
please contact: Roni Oren: roni.oren@towerjazz.com. To learn more about the
event, please visit: http://www.mentor.com/events/mentor-forum/israel/.

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.

About Mentor Graphics

Mentor Graphics Corporation is a world leader in electronic hardware and
software design solutions, providing products, consulting services and
award-winning support for the world's most successful electronic,
semiconductor and systems companies. Established in 1981, the company reported
revenues in the last fiscal year of about $1,015 million. Corporate
headquarters are located at 8005 S.W. Boeckman Road, Wilsonville, Oregon
97070-7777. World Wide Web site: http://www.mentor.com/.

(Mentor Graphics and Calibre are registered trademarks of Mentor Graphics
Corporation. All other company or product names are the registered trademarks
or trademarks of their respective owners.)

Company/Media Contact in Israel/Europe: Roni Oren | +972-4-604-7738 |
roni.oren@towerjazz.com

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

SOURCE TowerJazz