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Saifun Semiconductors to Present at Lehman Brothers' Global Technology Conference in San Francisco

25 December 2006

Saifun Semiconductors Ltd. (Nasdaq: SFUN) today announced that the Company's Chief Financial Officer, Mr. Igal Shany, is scheduled to present at the Lehman Brothers Global Technology Conference at the Fairmont Hotel in San Francisco on Wednesday, December 6 at 4:00 p.m. PST.


The Company's presentation will be available via a live webcast at http://cc.talkpoint.com/LEHM002/120706a_jw/default.asp?entity=Saifun and on the Company's website at http://ir.saifun.com/phoenix.zhtml?c=183096&p=irol- irhome. Following the live presentation, this webcast will be archived for a period of 90 days.


About Saifun Semiconductors Ltd.


Saifun is a provider of intellectual property (IP) solutions for the non- volatile memory (NVM) market. The company's innovative Saifun NROM(R) technology allows semiconductor manufacturers to deliver high performance, reliable products at a lower cost per megabit, with greater storage capacity, using a single process for all NVM applications. Saifun licenses its IP to semiconductor manufacturers who use this technology to develop and manufacture a variety of stand-alone and embedded NVM products. These include Flash memory for the telecommunications, consumer electronic, networking and automotive markets. Among the companies currently licensing Saifun NROM technology are Qimonda AG, Macronix International, NEC Electronics, Semiconductor Manufacturing International Corporation, Sony Corporation, Spansion, and Tower Semiconductor.


Safe Harbor Statement


Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to the company's plans, objectives and expectations for future operations and are based upon management's current estimates and projections of future results or trends. Actual future results may differ materially from those projected as a result of certain risks and uncertainties. For a discussion of such risks and uncertainties, see "Risk Factors" in the Company's Annual Report on Form 20-F filed on April 11, 2006 with the U.S. Securities and Exchange Commission. These forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.


Saifun Semiconductors Contact: Investor Relations Contact:


Marsha Shalvi Lee Roth/Todd Fromer


Investor Relations KCSA Worldwide


Tel: +972-9-892-8450 212-896-1209/212-896-1215


Email: marshas@saifun.com lroth@kcsa.com/tfromer@kcsa.com

Source: prnewswire


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