Jordan Valley Named to List of Fastest-Growing Israeli Companies

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Migdal Ha’Emek, Israel, October 29, 2007

October 29, 2007

Semiconductor X-ray metrology manufacturer chosen for Deloitte Technology Fast 50 for second consecutive year

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.    
 
US Company Contact: Sean Jameson, Jordan Valley Semiconductors Inc, 512.832.8470 or seanj@jvsemi.com.
Israel Company Contact:  Isaac Mazor, Jordan Valley Semiconductors LTD, 9724.654.3666  

Agency Contact: Bruce Kirkpatrick, Kirkpatrick Communications, 925.244.9100 or brucekirk@kirk-com.com.