Mellanox to Lead Tel Aviv Stock Exchange Opening Ceremony on Monday July 9

SANTA CLARA, CA. and YOKNEAM, ISRAEL – July 4, 2007 Mellanox™ Technologies, Ltd. (NASDAQ: MLNX), a leading supplier of semiconductor-based, server and storage interconnect products, announced that Chairman and Chief Executive Officer Eyal Waldman and key Company officers will lead the Tel Aviv Stock Exchange (TASE) opening ceremony on July 9 at 9:45am IST. The opening ceremony will also include an investor conference with a Mellanox corporate update presentation by Eyal Waldman. This event marks the first day of trading for Mellanox’s ordinary shares on TASE under the symbol MLNX in addition to continued trading on the NASDAQ Stock Market.

“As one of the leading semiconductor vendors headquartered in Israel, we are honored to lead the opening of the Tel Aviv Stock Exchange on the first day our shares are directly available for trading to Israeli investors,” said Eyal Waldman, chairman, president and CEO of Mellanox Technologies.

About Mellanox
Mellanox Technologies is a leading supplier of semiconductor-based, high-performance, InfiniBand and Ethernet connectivity products that facilitate data transmission between servers, communications infrastructure equipment and storage systems. The company’s 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.

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

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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.  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 "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. 

The risks and uncertainties that could cause actual  results to differ materially from those expressed or implied by forward-looking statements in this release include, among other uncertainties, the ongoing operation and regulation of the TASE in accordance with historical practices, our ability to react to trends and challenges in our business and the markets in which we operate; our ability to anticipate market needs or develop new or enhanced products to meet those needs; the adoption rate of our products; our ability to establish and maintain successful relationships with our distribution partners; our ability to compete in our industry; fluctuations in demand, sales cycles and prices for our products and services; our ability to protect our intellectual property rights; general political, economic and market conditions and events; and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission.  More information about the risks, uncertainties and assumptions that may impact our business are set forth in our Form 10-Q filed with the SEC on May 8, 2007, including “Risk Factors”. 

All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements.

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

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


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