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To: AK2004 who wrote (112522)	10/5/2000 4:53:35 PM
From: Road Walker	Respond to of 186894

TOWER HAS NEW FLASH TECHNOLOGY by: orbinni (M/USA) 10/5/00 2:53 pm Msg: 19811 of 19820 Tower Semiconductor and Saifun Semiconductor Demonstrate 100,000-Cycle Capability of Their Flash Technology MIGDAL HAEMEK and NETANYA, Israel--(BUSINESS WIRE)--Oct. 5, 2000-- Tower Semiconductor Ltd. (Nasdaq:TSEM - news) and Saifun Semiconductor Ltd. announced today that they have successfully demonstrated a breakthrough in the performance of Tower's microFLASH® process based on Saifun NROM(TM) technology. Initial tests, performed in the joint laboratories of Saifun and Tower, on a 2-Mbit product manufactured at Tower's facility using the microFLASH process demonstrated 10 years data retention after 100,000 re-programming cycles. These tests followed recent results that established full-flash capability of 10,000 programming cycles with 10 years retention. The companies plan to provide samples of 10,000 cycle-capable products to selected customers by the middle of 2001 and 100,000 cycles at a later stage. The pioneering Saifun NROM technology enables the implementation of flash memory arrays at approximately four times higher density and significantly lower production cost than any other available Flash architecture. Tower has been shipping production quantities of embedded and stand-alone microFLASH products that support a limited number of program-erase cycles to several customers since the beginning of the year. The new cycling capability, which was established with a simple positive-gate process that is ideal for embedded applications, will position Tower and Saifun at the forefront of Flash technology. ``The new performance level proves the viability of our unique Flash technology for the most demanding non-volatile memory applications,'' said Dr. Yoav Nissan-Cohen, Tower's co-CEO. ``Combined with its unparalleled size and cost advantages, the microFLASH process will quickly become a major player in this booming market. Tower's exclusive rights to microFLASH foundry services will be a key competitive advantage of our planned Fab 2.'' ``Our achievement is an important milestone in making Saifun NROM technology the NVM technology of choice,'' said Dr. Boaz Eitan, Saifun's founder and CEO. ``These results support Saifun's test results of its negative voltage EEPROM product. EEPROM samples capable of 1,000,000 programming cycles are targeted to be in the market by early 2001.'' About Tower Tower Semiconductor Ltd. is an independent wafer manufacturer, strategically focused on advanced Flash memory and CMOS Image Sensor technologies. Tower provides manufacturing and turnkey services for integrated circuits (IC) on silicon wafers in geometries from 1.0 to 0.35 micron, using its advanced technological capabilities and the proprietary designs of its customers. In addition, Tower offers manufacturing services for mixed signal and core CMOS devices. To meet anticipated demand, Tower plans to construct a second fab adjacent to its current facility that will operate in geometries of 0.18-micron and below, utilizing advanced materials and advanced CMOS technology from Toshiba. For additional information please visit www.TowerSemi.com About Saifun Saifun Semiconductors Ltd, based in Netanya, Israel, is a semiconductor fabless company. Its breakthrough Saifun NROM technology is revolutionizing the design and development of non-volatile memories (NVM) -- Flash, Mass Storage, EEPROM and Embedded applications. For more information about Saifun go to saifun.com