Mellanox Technologies, Ltd. Updates Guidance for Third Quarter 2015

SUNNYVALE, CA. and YOKNEAM, ISRAEL – October 1, 2015 – Mellanox® Technologies, Ltd. (NASDAQ: MLNX), ) today announced that the company has updated its third quarter 2015 financial guidance on the heels of its September 30, 2015, announcement that it has entered into a definitive agreement to acquire EZchip (NASDAQ: EZCH; TASE: EZCH) and the conclusion of its third quarter 2015.  The company updated the guidance for its revenue range for the quarter from 165 $ million to 170 $ million to 169 $ million to 171 $ million. The company believes that it is tracking to mid-point or better of its previous guidance for non-GAAP gross margins. Non-GAAP operating expenses for the quarter are expected to increase towards the higher end of the company’s earlier guidance.  The company plans to announce its third quarter 2015 financial results and its fourth quarter 2015 guidance on October 21, 2015.

About Mellanox
Mellanox Technologies is a leading supplier of end-to-end InfiniBand and Ethernet interconnect solutions and services for servers and storage. Mellanox interconnect solutions increase data center efficiency by providing the highest throughput and lowest latency, delivering data faster to applications and unlocking system performance capability. Mellanox offers a choice of fast interconnect products: adapters, switches, software, cables and silicon that accelerate application runtime and maximize business results for a wide range of markets including high-performance computing, enterprise data centers, Web 2.0, cloud, storage and financial services. More information is available at www.mellanox.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

All statements included or incorporated by reference in this release, other than statements or characterizations of historical fact, are forward-looking statements, including the guidance for the three months ended September 30, 2015, statements related to trends in the market for our solutions and services, opportunities for our company in 2015 and beyond, and future product capabilities. These forward-looking statements are based on our current expectations, estimates and projections about our industry and business, management’s beliefs and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as “projects,” “anticipates,” “expects,” “intends,” “plans,” “predicts,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” “would,” “could,” “potential,” “continue,” “ongoing,” similar expressions and variations or negatives of these words. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement. More information about the risks, uncertainties and assumptions that may impact our business is set forth in our annual report on Form 10-K filed with the Securities and Exchange Commission (SEC) on March 2, 2015 and in our quarterly report on Form 10-Q filed with the SEC on July 31, 2015. Other risks, uncertainties and assumptions that could cause our actual results to differ materially from those projected may be described from time to time in reports we file with the SEC, including reports on Forms 10-Q and 8-K. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Forward-looking statements can often be identified by words such as “projects,” “anticipates,” “expects,” “intends,” “plans,” “predicts,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” “would,” “could,” “potential,” “continue,” “ongoing,” similar expressions and variations or negatives of these words. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.  More information about the risks, uncertainties and assumptions that may impact our business is set forth in our annual report on Form 10-K filed with the Securities and Exchange Commission (SEC) on March 2, 2015 and in our quarterly report on Form 10-Q filed with the SEC on July 31, 2015.  Other risks, uncertainties and assumptions that could cause our actual results to differ materially from those projected may be described from time to time in reports we file with the SEC, including reports on Forms 10-Q and 8-K.  We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.    

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