FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
For the month of November 2006 No. 7
TOWER SEMICONDUCTOR LTD.
(Translation of registrant's name into English)
RAMAT GAVRIEL INDUSTRIAL PARK
P.O. BOX 619, MIGDAL HAEMEK, ISRAEL 23105
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [_]
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [_] No [X]
On November 15, 2006, Tower Semiconductor announces that Shelton Group
Chosen by it for Public Relations and Investor Relations Counsel, attached
hereto is a copy of the press release.
This Form 6-K is being incorporated by reference into all effective
registration statements filed by us under the Securities Act of 1933.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
TOWER SEMICONDUCTOR LTD.
Date: November 15, 2006 By: /s/ Nati Somekh Gilboa
--------------------------
Nati Somekh Gilboa
Corporate Secretary
SHELTON GROUP CHOSEN BY TOWER SEMICONDUCTOR FOR
PUBLIC RELATIONS AND INVESTOR RELATIONS COUNSEL
INTEGRATED COMMUNICATIONS AGENCY TO SUPPORT PUBLICLY TRADED SPECIALTY FOUNDRY
IN STRATEGIC PR/IR PROGRAM
DALLAS (November 15, 2006) - Shelton Group, an integrated communications firm
providing strategic public relations (PR) and investor relations (IR) for
high-tech companies, today announced it was chosen by Tower Semiconductor Ltd.
(NASDAQ: TSEM; TASE: TSEM), a pure-play independent specialty foundry, as its
agency of record.
"Shelton Group represents an ideal communications partner for Tower
Semiconductor," said Tower's CEO, Russell Ellwanger. "The agency's industry
expertise, ability to facilitate financial, media and analyst relationships, and
strategic counsel aligns with our needs for a proactive corporate communications
program in the U.S. Tower achieved good and sequentially improving business
results over the five recent quarters, and we are confident that the partnership
will assist with expanding the company's visibility and further build interest
in our story."
Based in Israel, Tower Semiconductor manufactures integrated circuits (ICs) in a
variety of advanced CMOS technologies. The ICs are ultimately embedded in
electronics, communications, automotive, photography, and medical device
products. Tower Semiconductor has a diverse set of manufacturing capabilities
delivering not only digital CMOS process technologies, but also advanced
non-volatile memory solutions, mixed-signal, RF-CMOS, power management and CMOS
image-sensor technologies. Through the expertise and experience gained over a
decade of operating as a foundry, Tower Semiconductor differentiates itself by
creating a high-level of value for its clients through innovative technological
processes, and dedicated customer service.
"The Shelton Group team looks forward to a long-term partnership with Tower
Semiconductor as we gear up to further expand the company's reputation,
recognition and market opportunities," said Jodi Shelton, founder and president
of Shelton Group. "With our agency's combination of communications expertise and
industry relationships, we are well positioned to help Tower Semiconductor
expand and communicate its strategic positioning and value to its targeted
audiences."
ABOUT SHELTON GROUP
Shelton Group is a full-service, strategic investor relations (IR) and public
relations (PR) agency providing customized programs and services to public and
privately held companies across multiple industries. Founded in 1994, Shelton
Group offers a team of professionals with diverse backgrounds that uniquely
blend business acumen with creativity to deliver the highest quality of service.
Applying an integrated approach to corporate communications, Shelton Group
delivers a company's unified story to all targeted audiences. Through a
dedication to value-added service and a national network of key strategic
relationships, Shelton Group has built a trusted reputation with the media,
industry experts and the financial industry that produces immediate results for
emerging and established companies. With offices in Texas, California and
Taiwan, Shelton Group is also a partner firm of Public Relations Organization
International (PROI), which provides access to more than 50 offices worldwide.
For more information about the Firm, please visit http://www.sheltongroup.com.
ABOUT TOWER SEMICONDUCTOR LTD.
Tower Semiconductor Ltd. is a pure-play independent specialty wafer foundry
established in 1993. The company manufactures integrated circuits with
geometries ranging from 1.0 to 0.13-micron; it also provides complementary
technical services and design support. In addition to digital CMOS process
technology, Tower offers advanced non-volatile memory solutions, mixed-signal &
RF-CMOS, and CMOS image-sensor technologies. To provide world-class customer
service, the company maintains two manufacturing facilities: Fab 1 has process
technologies from 1.0 to 0.35 micron and can produce up to 16,000 150mm wafers
per month. Fab 2 features 0.18 and 0.13-micron, standard and specialized process
technologies, and has the current capacity of up to 15,000 200mm wafers per
month. Tower's Web site is located at http://www.towersemi.com.
MEDIA RELATIONS CONTACTS:
Melissa Conger
Shelton Group
(972) 239-5119, x132
mconger@sheltongroup.com
or
Michael Axelrod
Tower Semiconductor USA
(408) 330-6871
pr@towersemi.com