Jordan Valley Appoints Ken Levy as the New Chairman of the Board of Directors

MIGDAL HAEMEK, Israel, November 16, 2010 /PRNewswire/ — Jordan Valley
Semiconductors Ltd. (JVS), the market leader in X-Ray and VUV based metrology
tools for the semiconductors industries, announced today that Ken Levy has
been named chairman of its board of directors. Levy replaces Kalman Kaufman,
who remains a member of the JVS Board.

Avi Fischer, Deputy Chairman of IDB Group (the largest shareholder in the
company, through Clal Industries and Elron) said: “ Jordan Valley led by the
leadership of founder and CEO Isaac Mazor, presented impressive and unique
progress in 2010. We thought that at this time the company could benefit from
the skills and expertise of one of the most experienced, talented and highly
regarded managers in the industry – Ken Levy.

With the addition of Ken and the continued tenure of Kalman Kaufman, who
has played a great part in the dramatic progress that the company made, the
company enjoys one of the most impressive boards of directors for a private
company in its industry.

“I am pleased to assume the role of Chairman of the board,” stated Ken
Levy. “ Jordan Valley’s products are enabling X-Ray systems to move onto the
high volume production applications. Their systems will enable the
semiconductors industry to control its most advanced processes. I expect the
company to continue to innovate and expand its business opportunities”.

“It has been an honor to serve as Chairman of the Board these past three
years and to be a part of Jordan Valley’s board,” said Kalman Kaufman. “I
look forward to continuing to work with Ken, a seasoned business executive
and visionary technologist, who founded and led KLA-Tencor for over 30 years”.

“We are extremely pleased that Ken has accepted the position of Chairman.
His experience and knowledge in the semiconductors capital equipment business
will be a valuable asset to Jordan valley” noted Isaac Mazor, Founder and CEO
of Jordan valley Semiconductors Ltd.

“I believe the next few years will prove to be a period of increased
market penetration and high growth for Jordan Valley following its
outstanding growth in 2010. As a chairman of the board, Ken will play a key
role in driving the company’s strategy,” added Mr. Mazor.

About Ken Levy

Kenneth Levy has been an entrepreneur and corporate executive for over 35
years.

He founded KLA Instruments in 1976 and served as its CEO and then
Chairman until 2006. Upon his retirement he was named Chairman Emeritus of
the Company.

During his tenure at the company, KLA-Tencor went from a development
stage company to one with sales of over $2 Billion and a market cap in excess
$10 Billion. Today it is one of the five largest companies in the
Semiconductor Capital Equipment Industry.

Mr. Levy has received numerous awards, including the “SEMMY”
Semiconductor Equipment and Materials Institute award in the area of wafer
fabrication, the SEMI Lifetime Achievement award, the Silicon Valley Hall of
Fame, and he was elected as a member of the National Academy of Engineering.

Over the past 25 years, Mr. Levy has been active in helping to build
Israeli hi-tech companies. In addition to investing in a number of Technology
companies his spearheaded the establishment of KLA-Tencor Israel and served
on a number of Israeli Boards including Saifun, Aprion, Scitex Digital,
PowerDsine, Genoa, and DigiFlex. For his contributions to Israeli Industry,
he was awarded the “State of Israel Jubilee Award” by Prime Minister
Netanyahu.

Ken Levy has a BSEE from City College of New York and MSEE from Syracuse
University.

About Jordan Valley Semiconductors Ltd. http://www.jvsemi.com

Jordan Valley Semiconductors Ltd. (JVS), the leader in X-ray and VUV
metrology solutions for advanced semiconductor fabs, develops and supplies
superior metrology equipment for quality control of thin films based on
rapid, non-contacting and non-destructive technologies. The company offers
the Semiconductor Industry the most comprehensive solutions for process
monitoring of Hi-K metal gate, SiGe stacks, Cu metallization, Litho
enhancement metrology (Hard mask), UBM, micro bumps and others. The company
sale fully automated fab tools based on advanced metrology methods such as
XRR (X-Ray reflectance) , XRF (X-Ray florescence), HRXRD (High resolution
X-Ray diffraction), VUV (Vacuum Ultra Violet light) and other technologies,
ideal for product or blanket wafers. For the High brightness LED
manufacturing market (HBLED), JVS offers fast and economic process quality
control tools.

Jordan Valley’s investors include Clal Industries and Investments Ltd.
(TASE: CII), Intel Capital (NASDAQ: INTC) and Elron Electronics Industries
Ltd. (ELRN). With headquarters in Migdal Haemek, Israel, the company has
offices in Durham, United Kingdom and Austin, Texas, USA, as well as
representatives worldwide.

    Jordan Valley Semiconductors Ltd.
    P.O. Box 103
    Migdal Haemek 23100 Israel
    Tel: +972-4-6543666
    Fax: +972-4-6547472

http://www.jvsemi.com

    For more information:
    Alon Kapel, Director of marketing
    Jordan Valley Semiconductors Ltd.
    Tel: +972-4-654-3666 x 134
    alon@jvsemi.com

    Media Contact:
    Michal Kashti
    Jordan Valley Semiconductors Ltd.
    Tel: +972-4-654-3666 x 103
    michal.kashti@jvsemi.com

SOURCE Jordan Valley Semiconductors Ltd.