Saifun Semiconductors (SFUN)

[midastouch017]

Saifun Semiconductors' Fourth Quarter 2005 Earnings Release and Conference Call Scheduled for February 15, 2006

Wednesday February 1, 7:46 am ET

NETANYA, Israel, February 1 /PRNewswire-FirstCall/ -- Saifun Semiconductors Ltd. (Nasdaq: SFUN - News) announced that it will release its fourth quarter and year-end 2005 financial results on Wednesday, February 15, 2006, during pre-market hours.

Following the earnings announcement, Saifun will host a conference call at 8:30 a.m. EST. The call will be available live on the Internet at www.saifun.com. Following the call, the webcast will be archived for a period of 90 days.

A replay of the call will be available beginning at approximately 10:30 a.m. EST, February 15, 2006, until February 22, 2006 at 11:59 p.m. To listen to the replay, please call [phone]. To access the replay, users will need to enter the following code: 6989033.

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® 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 licensing Saifun NROM are Infineon Technologies, Macronix International, Sony Corporation, Spansion, and Tower Semiconductors. For more information please check out our website: www.saifun.com.

http://biz.yahoo.com/prnews/060201/ukw007.html?.v=50

Dubi