☰

Mellanox Technologies Announces Initial Public Offering


    Mellanox(TM) Technologies Ltd. (NASDAQ:MLNX) today announced the
    pricing of its initial public offering of 6,000,000 of its ordinary
    shares at a price to the public of $17 per share. All of the ordinary
    shares are being offered by the Company. Mellanox has granted the
    underwriters a 30-day option to purchase up to 900,000 additional
    shares at the initial public offering price to cover over-allotments,
    if any. Mellanox's common stock will be listed on the NASDAQ Global
    Market under the symbol "MLNX".

    Credit Suisse Securities (USA) LLC and J.P. Morgan Securities Inc.
    acted as joint book-running managers for the offering, with Thomas
    Weisel Partners LLC and Jefferies & Company, Inc. serving as
    co-managers. A copy of the final prospectus relating to the offering
    can be obtained by contacting the prospectus departments at Credit
    Suisse Securities (USA) LLC, One Madison Avenue, New York, NY 10010,
    (800) 221-1037, or J.P. Morgan Securities Inc., 4 Chase Metrotech
    Center, CS Level, Brooklyn, NY 11245, toll-free 1-866-430-0686.

    A registration statement related to these securities was declared
    effective by the Securities and Exchange Commission on February 7,
    2007. This press release shall not constitute an offer to sell or the
    solicitation of an offer to buy, nor shall there be any sale of these
    securities, in any state or jurisdiction in which such offer,
    solicitation or sale would be unlawful prior to registration or
    qualification under the securities laws of any such state or
    jurisdiction.

    About Mellanox

    Mellanox Technologies is a leading supplier of
    semiconductor-based, high-performance interconnect products that
    facilitate data transmission between servers and storage systems
    through communications infrastructure equipment. Our products are an
    integral part of a total solution focused on computing, storage and
    communication applications used in enterprise data centers,
    high-performance computing and embedded systems. Based on InfiniBand
    technology, our field-proven adapter and switch integrated circuits
    deliver industry-leading performance and capabilities, and serve as
    the building blocks for creating reliable and scalable interconnect
    solutions. In addition to supporting InfiniBand, Mellanox's next
    generation of products also support the industry-standard Ethernet
    interconnect specification.

    Founded in 1999, Mellanox Technologies is headquartered in Santa
    Clara, California and Yokneam, Israel. For more information on
    Mellanox's solutions, please visit www.mellanox.com.

    Mellanox is a registered trademark of Mellanox Technologies, Inc.,
    and ConnectX, InfiniBlast, InfiniBridge, InfiniHost, InfiniRISC,
    InfiniScale, and InfiniPCI are trademarks of Mellanox Technologies,
    Inc. All other trademarks are property of their respective owners.