JAZ Jazz Technologies,

Jazz Semiconductor�, the leader in Analog-Intensive Mixed-Signal (AIMS) foundry solutions and wholly owned subsidiary of Jazz Technologies�, Inc. (AMEX:JAZ) today announced the release of MOSVAR model libraries in its 0.13 and 0.18-micron AIMS technology platforms targeting wireless and other communication products. The new model improves simulation accuracy reducing product development time and is integrated as a standard component in Jazz�s Design Enablement platform that also includes the previously announced Jazz Inductor Toolbox (JIT) and X-Sigma statistical simulation suite. The MOSVAR model is an advanced surface potential based MOS Varactor model compatible with the PSP MOSFET model and was approved and released by the semiconductor industry Compact Model Council (CMC) in December 2007 as the first industry standard MOS Varactor model. Jazz engineers contributed heavily to the model development, working closely with Arizona State University and other CMC member companies. The MOSVAR model provides critical advantages to the RF analog design space where circuit design requires accurate, scalable compact models for the active transistors and passive components in a given technology. This includes MOS varactors, which provide the critical frequency tuning for circuits such as voltage-controlled oscillators (VCOs). According to Gennady Gildenblat, Motorola�Professor�of Electrical Engineering, Arizona State University, "The new varactor model incorporates recent advances in MOS device physics and modeling and is�based on the state-of-the-art surface potential based formulation." In addition, the�new model provides MOS varactor specific gate current models and physical geometry and process parameter based parasitic modeling. Key device performances of capacitance and quality factor Q are accurately modeled over voltage, frequency, and geometry. The model contains physical process parameters, enabling simulation of changes in device characteristics associated with the changes in fabrication process. The scalability of the model enables simulation of critical trade-offs in VCO design such as gain and phase noise. "Jazz is the leader in providing analog-intensive mixed-signal (AIMS) device models that enable customers to realize optimal performance of their designs while reducing design cycle time. The addition of PSP-compliant MOSVAR models at the 0.18 and 0.13 nodes demonstrates our commitment to continuous model innovation to address today's AIMS design requirements," said Dr. James Victory, Executive Director of IC Design Enablement at Jazz Semiconductor. Availability MOSVAR model libraries are currently available to Jazz customers through eBizz on the company�s website for its 0.13 and 0.18-micron processes. About Jazz Semiconductor Jazz Semiconductor,� a wholly owned subsidiary of Jazz Technologies,� Inc. (AMEX:JAZ), is the leading independent wafer foundry focused on Analog-Intensive Mixed-Signal (AIMS) CMOS process technologies. The company's broad portfolio of modular AIMS technologies includes RFCMOS and specialty CMOS processes, such as Enhanced RFCMOS, BiCMOS, SiGe BiCMOS, Bipolar-CMOS-DMOS, and High Voltage CMOS. These technologies are designed to produce analog and mixed-signal semiconductor devices that are smaller and more highly integrated, power-efficient, feature-rich and cost-effective than those produced using standard process technologies. Jazz also offers world-class design enablement tools to speed customers� time from design to revenue production. The Company serves customers in the wireless and high-speed wireline communications, consumer electronics, automotive and industrial end markets. Jazz executive offices and its U.S. wafer fabrication facilities are located in Newport Beach, CA. Jazz Semiconductor also has engineering, manufacturing, and sales support in Shanghai, China. For more information, please visit www.jazzsemi.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including the statements relating to growth in the analog IC market and the development and execution of our strategic business initiatives. Forward-looking statements are typically identified by words or phrases such as "trend," "potential," "opportunity," "pipeline," "believe," "expect," "anticipate," "intention," "estimate," "position," "assume," "outlook," "continue," "remain," "maintain," "create" "sustain," "seek," "achieve," and similar expressions, or future or conditional verbs such as "will," "would," "should," "could," "may" and similar expressions. Forward-looking statements are based largely on expectations and projections about future events and future trends and are subject to numerous assumptions, risks and uncertainties, which change over time. Actual results and consequences, including any expected benefits and anticipated cost savings over competing technologies, could differ materially from those anticipated in forward-looking statements and you should not place any undue reliance on such forward looking statements. Factors that could cause actual performance to differ from these forward-looking statements include the risks and uncertainties disclosed in Jazz Technologies' filings with the SEC. Jazz Technologies' filings with the SEC are accessible on the SEC's website at http://www.sec.gov. Forward-looking statements speak only as of the date they are made. Jazz Technologies assumes no obligation to update forward-looking statements.