Mellanox Technologies Files Registration Statement with SEC for Proposed Initial Public Offering

SANTA CLARA, CA  and YOKNEAM, ISRAEL. - September 28, 2006 – Mellanox™ Technologies Ltd, a leading supplier of semiconductor-based, high-performance interconnect products, today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to a proposed initial public offering of its ordinary shares.

Credit Suisse Securities (USA) LLC and J.P. Morgan Securities Inc. will act as joint book-running managers for the offering, with Thomas Weisel Partners LLC and Jefferies & Company, Inc. acting as co-managers. The number of ordinary shares to be offered and the price range for the offering have not yet been determined.

The registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

When available, copies of the written preliminary 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, Brooklyn, NY 11245, (718) 242-8002.

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.

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

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

For more information:
Mellanox Technologies, Inc.
Brian Sparks
408-970-3400
media@mellanox.com


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