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`'Jazz Semiconductor'' Chosen as Name for New Pure-Play, Independent Silicon Wafer Foundry

Business Wire, May 6, 2002

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NEWPORT BEACH, Calif.--(BUSINESS WIRE)--May 6, 2002

Company Tagline, "Innovation Manufactured," Reflects Commitment to

Technology Advances for Mixed-Signal and RF Processes

"Jazz Semiconductor" has been selected as the official name for the new pure-play, independent high-performance mixed-signal and radio-frequency (RF) silicon wafer foundry founded on March 12, 2000 and previously operating under the interim name "SpecialtySemi."

The Carlyle Group, a leading global private equity firm, is the majority shareholder of the new company. Jazz will adopt the positioning tag line "Innovation Manufactured" to convey its focus on process technology innovation and commitment to manufacturing best-in-class mixed-signal and RF integrated circuits for high-performance wireless and wireline applications.

The name "Jazz" symbolizes creativity, vitality, and reflects the company's strategic positioning in key semiconductor manufacturing technologies that are helping to drive some of the industry's most exciting new categories of communications products and equipment.

Jazz Semiconductor is uniquely positioned to help its customers develop products for cellular handsets, wireless local area networks, optical networking equipment and other high-performance communications applications that require complex combinations of analog and digital circuitry and operate at high speeds with stringent power restrictions.

"Jazz Semiconductor is about giving customers both the benefit of a conventional independent foundry -- capacity, quality, commercial pricing, turnkey solutions, and services -- as well as an advanced mixed-signal/RF design platform encompassing process technology, design kits, modeling/simulation tools, IP, and engineering services.

"This unique combination will enable our customers to obtain a competitive advantage through faster time-to-market and superior solutions," said Dr. Shu Li, chief executive officer of Jazz Semiconductor Inc.

Jazz Semiconductor currently has 27 customers including Conexant Systems Inc. (Nasdaq:CNXT), Mindspeed Technologies(TM), Conexant's Internet infrastructure business, and the new wireless company being formed by Alpha Industries Inc. and Conexant's wireless communications business.

Jazz provides its customers silicon-based wafer foundry services using industry-leading process technologies such as silicon germanium bipolar CMOS (SiGe BiCMOS).

Jazz's SiGe process was first implemented on its proven 0.35-micron, high-volume BiCMOS production technology, and has been optimized to enable the world's lowest-power SiGe devices for today's high-frequency wireless communications and high-speed networking products.

The company has demonstrated an industry-leading SiGe200 process that reaches switching speeds, Ft (cut-off frequency for current gain) and Fmax (cut-off for power gain) of greater than 200 GHz.

About Jazz Semiconductor

Jazz Semiconductor manufactures semiconductor wafers that enable the development of high-performance, low-power radio-frequency (RF) wireless and broadband wireline communications products.

The company's rich heritage in analog and RF integrated circuits (IC) manufacturing has evolved into a leadership position in silicon germanium (SiGe) bipolar complementary metal oxide semiconductor (BiCMOS) and silicon BiCMOS technologies and design tools that are setting the standard for communications IC foundry services.

The company's wafers are manufactured using bipolar, BiCMOS, SiGe, analog, and mixed-signal CMOS process technologies. The ISO9000-certified facility includes 100,000 square feet of Class 1 clean-room space, and has the capacity to support 21,000 eight-inch wafer starts per month.

Jazz Semiconductor is a privately held company with headquarters in Newport Beach, and has approximately 650 employees. To learn more, visit the company at www.jazzsemi.com.

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