Jordan Valley Earns Editors' Choice Best Product Award

July 18, 2005

Austin, TX, July 18, 2005

Jordan Valley, Inc. has been recognized with Semiconductor International Magazine's prestigious Editors' Choice Best Product Award for 2005. This year's 20 recipients of the annual award were selected as those products that truly make a difference in semiconductor manufacturing.

Jordan Valley Vice President of Sales and Marketing, Sean Jameson, credits his company's commitment to technological superiority and delivering the highest quality products and services.

We're quite honored to receive this recognition," says Jameson. "Our sales are a good indicator that we've developed an innovative technology which is a good match for the emerging metrology requirements. This award is subject to verification that these products are production proven. This award validates that we have engineered a solid product and provide the level of customer support which generates happy customers."

Pete Singer, Editor-in-Chief of Semiconductor International, congratulates this year's winners, and applauds their contributions to the industry as a whole. "Continued advances in semiconductor technology have reshaped the world, and our Editors' Choice Best Product Awards program honors the products that have made those advances possible. These products embody the very best of innovations on which chipmakers rely to make their products faster, cheaper, and more reliable."

Jordan Valley, Inc. is a privately owned company, which provides metrology solutions for thin films based on novel, rapid, non-contacting, and non-destructive x-ray technologies. Jordan Valley's family of JVX™ metrology tools are trusted by major semiconductor manufacturing companies worldwide, and are designed specifically for high-volume fabs. In addition, these tools provide the power and flexibility that enables customers to develop current- and next- generation thin films. Jordan Valley's primary shareholders are Elron Electronic Industries Ltd. (Nasdaq: ELRN) and Clal Industries and Investments Ltd. (TASE: CLXLF)

For additional information contact Jordan Valley at 1(866) 515-5200 or at www.jordanvalleysemi.com.