FROST & SULLIVAN NAMES JAZZ SEMICONDUCTOR
2005 SILICON GERMANIUM FOUNDRY OF THE YEAR

Jazz Selected for its Outstanding Management, Competitive Strategy and Customer Service Leadership

NEWPORT BEACH, Calif., May 25, 2005
-- Jazz Semiconductor, an independent semiconductor wafer foundry, today announced that it was presented with the Frost & Sullivan 2005 SiGe Processes Foundry of the Year Award. Jazz, initially founded as an independent foundry in March 2002, has combined the offerings of a conventional foundry with its mixed signal and RF design services. In selecting Jazz for the award, Frost & Sullivan, an international strategic market and growth consulting firm, acknowledged that the company has established itself in the pure-play foundry market for the silicon germanium (SiGe) process in a very short span and has demonstrated its ability to provide multi-fab services.

According to Frost & Sullivan, a significant contribution that Jazz has made toward promoting SiGe technology is in bringing the multi-fab modular capability to the SiGe market. "The modularity that Jazz offers in its process is witnessed in the four generations of SiGe processes that are each targeted for a particular application segment such as wireless communications, optical networking, or consumer electronic devices," said Deepa Doraiswamy, Frost & Sullivan semiconductor analyst.

"We are honored to be recognized by one of the world's leading market consulting firms as SiGe foundry of the year," said Paul Kempf, Jazz chief technology and strategy officer. "This award is further validation of our focus on analog and RF processes for high performance applications."

Frost & Sullivan presents the Foundry of the Year award each year to the company that has demonstrated unparalleled excellence. The research firm rigorously analyzes specific criteria to determine award recipients including a company's technological innovation and leadership, customer satisfaction, success in gaining new customers, new market penetration and market growth.

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The Frost & Sullivan SiGe Processes Foundry of the Year Award

Jazz Award

About Jazz Semiconductor
Jazz Semiconductor is an independent wafer foundry focused primarily on specialty CMOS process technologies, including SiGe BiCMOS and RFCMOS for the manufacture of highly integrated analog and mixed-signal semiconductor devices. Jazz’s executive offices and its U.S. wafer fabrication facilities are located in Newport Beach, California. Jazz has expanded its wafer capacity in China through manufacturing partnerships with Advanced Semiconductor Manufacturing Corporation and Hua Hong NEC Electronics Co., Ltd. Contact Jazz Semiconductor at www.jazzsemi.com

Jazz Company Contact
Jessica McNaughton
949/435-8086
jessica.mcnaughton@jazzsemi.com

Jazz Media Contact
Lauri Julian
Lages & Associates
949/453-8080
lauri@lages.com








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