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Wednesday, 02/15/2006 4:55:49 AM

Wednesday, February 15, 2006 4:55:49 AM

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Saifun Semiconductors Plans Public Secondary Offering

Wednesday February 15, 4:47 am ET

NETANYA, Israel, February 15 /PRNewswire-FirstCall/ -- Saifun Semiconductors Ltd. (NASDAQ: SFUN - News) announced today that it proposes to file with the Securities and Exchange Commission a registration statement for an offering of its ordinary shares by certain shareholders in an underwritten secondary public offering.
This announcement shall not constitute an offer to sell or the solicitation of an offer to buy any securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which the offer, solicitation or sale would be unlawful. This announcement is being issued pursuant to and in accordance with Rule 135 under the Securities Act of 1933.

http://biz.yahoo.com/prnews/060215/ukw003.html?.v=51

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