June 17, 2008

Jordan Valley Semiconductors LTD Names Meir Mimon Vice President of Sales and Marketing

MIGDAL HA'EMEK, Israel, June 17 /PRNewswire/ -- Jordan Valley Semiconductors LTD, the leading provider of semiconductor metrology solutions, has tapped Meir Mimon as Worldwide VP of Sales and Marketing. Mr. Mimon will lead Jordan Valley's aggressive growth strategy, with a focus on enhancing worldwide customer support operations and increasing Jordan Valley's market share in the thin film and materials characterization metrology market segments.

"We felt Meir was the ideal candidate for leading us forward," says Jordan Valley CEO Isaac Mazor. "His depth of industry experience and vision will be invaluable for growing our market presence."

The announcement follows Jordan Valley's recent acquisition of Bede, effective April 14th, 2008. Bede is the leading supplier of HRXRD (High Resolution XRD) metrology for the semiconductor and compound industries with revenues of $11.6M in 2007.

"I'm extremely honored to be leading the sales and marketing efforts of such a well-respected company with so much momentum in the marketplace," says Mimon. "For years, Jordan Valley has had a sterling reputation for technology innovation and customer support. The Bede acquisition will enable us to raise the bar even further."

Mr. Meir Mimon joined Jordan Valley in January 2008 as the VP of Business Development, responsible for the Bede acquisition project ended in Apr 2008 when JV acquired the assets, IP's and technology of Bede, UK.

Previously, Mr. Mimon served as the corporate sales director for KLA-Tencor's metrology group and overlay division based in San Jose, CA. While in this role, he helped increase KLA-Tencor's revenue and market share in the semiconductor overlay metrology market.

Earlier in his career, Mr. Mimon held numerous sales and management positions with market leaders in computer/communication and capital equipment markets, including DEC (Digital Equipment Corporation), Pelephone Israel, and Orbotech -- a leading company in PCB and FPD inspection. He earned a bachelor's degree in economics from Haifa University, and an MBA from Heriott-Watt University. In 2007, Mr. Mimon completed his Executive MBA degree from TIM (Technion Institution of Management) in Israel.

Jordan Valley Semiconductors LTD provides semiconductor metrology solutions for thin films based on novel, rapid, non-contacting, and non-destructive x-ray technologies and offer a comprehensive family of solutions based on advanced X-Ray Reflectivity (XRR), X-Ray Fluorescence (XRF), and Small Angle X-Ray Scattering (SAXS) technologies. These tools are fully automated, production ready, and ideal for both blanket and patterned wafers. Jordan Valley's x-ray technologies enable accurate and precise characterization of all film types including single layers and multilayer stacks, high k and low k materials, metals and dielectrics, amorphous, poly-crystal and single crystal films. Research, development, and manufacturing are based in Migdal Ha'Emek, Israel. Applications engineering, customer support services, sales and marketing are located in Austin, Texas. http://www.jvsemi.com/.

Jordan Valley's primary shareholders are Clal Industries and Investments Ltd. , Intel Capital , and Elron Electronic Industries Ltd. .

    Company Contact:    Brenda Ortiz, Marketing Communications Manager, Jordan Valley    Semiconductors, Inc., +1.512.832.8470 or [email protected]  

Jordan Valley Semiconductors LTD

CONTACT: Brenda Ortiz, Marketing Communications Manager of Jordan ValleySemiconductors, Inc., +1-512-832-8470, [email protected]

Web site: http://www.jvsemi.com/