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Deloitte Names Jordan Valley Semiconductors to List of Fastest Growing Israeli Technology Companies

Posted on: Monday, 29 October 2007, 15:00 CDT

Jordan Valley Semiconductors, Inc. has been named to the 2007 Deloitte Technology Fast 50 as one of the fastest-growing technology companies in Israel. A manufacturer of next-generation x-ray based semiconductor metrology, Jordan Valley provides patented x-ray technology to leading semiconductor fabs worldwide.

"Achieving sustained revenue growth over five years is a tremendous accomplishment for a technology company operating in a competitive world," said Asher Mechlovich, partner in charge of the Deloitte Brightman Almagor Israel Technology Fast 50 Program. "Jordan Valley Semiconductors deserves a lot of credit for its remarkable growth, and we commend them for it."

To determine the fastest growing companies, Deloitte reviewed fiscal year revenues over five years (2002-2006), calculated the revenue growth percentage over those five years, and compared the growth of technology companies.

New Applications for X-Ray Metrology Helps Boost Growth

"The entire Jordan Valley family is extremely proud to be named to the Fast 50 list for the second year in a row," says Isaac Mazor, Jordan Valley founder and CEO. "Our growth is a testament to our entire organization's commitment to technological superiority and discovering new applications in semiconductor manufacturing for x-ray metrology."

Jordan Valley's selection to the Deloitte Technology Fast 50 follows the announcement last week that Intel Capital was the sole investor in a US$11 million round of funding in the company.

The Deloitte Technology Fast 50 is a program that recognizes and profiles fast growing technology companies. The program ranks the 50 fastest growing technology companies in Israel, public or private, and includes all related industry sectors: Communications; Software; Semiconductors, Components and Electronics; Life Sciences; Internet; and Computer Peripherals.

Jordan Valley Semiconductors, Inc. provides semiconductor metrology solutions for thin films based on novel, rapid, non-contacting, and non-destructive x-ray technology. They 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 technology enables 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.

Jordan Valley Semiconductors is the parent company of Jordan Valley Applied Radiation, Inc., which designs and manufactures bench top analyzers and advanced laboratory spectrometers for R&D, QC, process control, and other applications. Jordan Valley's primary shareholders are Elron Electronic Industries Ltd. (NASDAQ: ELRN) and Clal Industries and Investments Ltd. (TASE: CII). 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.

Source: Business Wire

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