Himax Imaging Chooses TowerJazz Panasonic Semiconductor’s State of the Art 65nm Process with Outstanding 1.12um Pixel for Its Next Generation Cameras for Smart Phone Applications

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 Co. (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 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.



Contact:

TowerJazz Asia Company/Media Contact:
Shoko Saimiya, 81-795-23-6609
Email Contact
or
TowerJazz Investor Relations Contact:
Noit Levi, +972-4-604-7066
Email Contact
or
TowerJazz Panasonic Contact:
+81-765-22-9945
Email Contact
or
Himax Imaging Investor Relations Contact:
Steven Lin, +886-2-2370-3999 ext. 22320
Email Contact



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