TowerJazz Announces its 2014 Global Symposium (TGS) Roadmap focused on Expanded Technology Offerings and Increased Manufacturing

  TowerJazz Announces its 2014 Global Symposium (TGS) Roadmap focused on
  Expanded Technology Offerings and Increased Manufacturing Capacity

  Symposiums to take place in China, Europe, the USA and Japan, emphasizing
  additional opportunities through TowerJazz Panasonic Semiconductor Company

Business Wire

MIGDAL HAEMEK, Israel -- June 25, 2014

TowerJazz, the global specialty foundry leader, today announced the roadmap
for its Global Symposiums (TGS) 2014 which will see participation from its
customers, partners and suppliers at strategic international venues including
China (July 24), Europe (September 18), the USA (November 19), and Japan
(December 10). These events will include a keynote from TowerJazz CEO, Mr.
Russell Ellwanger, presentations from company executives, and at select
venues, talks from other semiconductor industry leaders.

At TGS 2014, TowerJazz will communicate its plans for strategic growth,
technology leadership and capacity expansion as well as additional
opportunities provided to customers through its new enterprise, TowerJazz
Panasonic Semiconductor Company (TPSCo). TGS sessions will focus on how
TowerJazz’s broad specialty and advanced process offerings innovate and
accelerate manufacturing for its customers’ next-generation ICs. Through
collaboration with its customers, TowerJazz manufactures components to power,
connect, and enable smart solutions for networking, industrial automation,
smart energy, healthcare, automotive and consumer markets, among others.

TowerJazz offers advanced specialty technologies such as: RF, high performance
analog, integrated power management, CMOS image sensors (CIS), and
mixed-signal/CMOS as well as MEMS manufacturing capabilities. TowerJazz also
offers Transfer Optimization and development Process Services (TOPS) to
provide customer protected foundry capacity and next-generation
co-developments. In addition to its 150mm and 200mm fabs in Israel and its
200mm fab in Newport Beach, CA, TowerJazz has majority ownership in TPSCo
which operates two additional 200mm facilities as well as a 300mm fab in Japan
providing leading edge 45nm CMOS, 65nm RF CMOS and 65nm 1.12um pixel

“We constantly strive to meet our customers’ ever growing needs by enhancing
our broad technology offerings and improving our global operations, changing
the foundry landscape by creating a company that will serve and grow the
analog foundry space as no other single foundry can. Our specialty technology
expertise is well-aligned with current trends which assists our customers in
manufacturing innovative products. It is most motivational to see developments
which began as small and unique industrial or commercial applications move
into the mainstream market. It is exciting to be at the forefront of many of
the market trends, and we look forward to sharing our enthusiasm for our
technology solutions with our customers and partners throughout the industry
and around the globe,” said Russell Ellwanger, TowerJazz Chief Executive

At TGS, TowerJazz will present updates on its industry leading technology as
well as its set of sophisticated design kits and models, and its comprehensive
analog IP portfolio. TGS also provides a forum for TowerJazz to showcase its
partners – the leading EDA vendors and tool providers – who will exhibit and
demo their solutions to address the design needs of mutual customers. Sponsors
at TGS events include: Agilent Technologies, Cadence Design Systems, ETesiAN
Semiconductor, FlipChip International, Mentor Graphics, Photronics, Silvaco,
SST-Novocell, Synopsys, Tanner EDA, and Toppan Photomasks, among others.

More details on TGS 2014 will be announced soon. Please visit the company
website for regular updates on agendas, speakers, and sponsors. For more
information and registration for any of the worldwide events, please visit:

About TowerJazz

Tower Semiconductor Ltd. (NASDAQ: TSEM, TASE: TSEM) and its fully owned U.S.
subsidiary Jazz Semiconductor, Inc. operate collectively under the brand name
TowerJazz, the global specialty foundry leader. TowerJazz manufactures
integrated circuits, offering a broad range of customizable process
technologies including: SiGe, BiCMOS, Mixed-Signal/CMOS, RF CMOS, CMOS Image
Sensor, integrated Power Management (BCD & 700V), and MEMS. TowerJazz also
provides a world-class design enablement platform for a quick and accurate
design cycle as well as Transfer Optimization and development Process Services
(TOPS) to IDMs and fabless companies that need to expand capacity.

To provide multi-fab sourcing and extended capacity for its customers,
TowerJazz operates two manufacturing facilities in Israel (150mm & 200mm), one
in the U.S. (200mm) and three additional facilities in Japan (two 200mm and
one 300mm) through TowerJazz Panasonic Semiconductor Company (TPSCo),
established with Panasonic Corporation of which TowerJazz has the majority
holding. Through TPSCo, TowerJazz provides leading edge 45nm CMOS, 65nm RF
CMOS and 65nm 1.12um pixel technologies. For more information, please visit

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.


Asia Company/Media Contact:
Shoko Saimiya, 81-795-23-6609
Europe Company/Media Contact:
Limor Silberberg, +972-4-604-7249
US Company/Media Contact:
Lauri Julian, +1 949-435-8181
Investor Relations Contact:
Noit Levi, +972-4-604-7066
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