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Mellanox Goes Public

SANTA CLARA, Calif. -- Mellanox Technologies Ltd. (NASDAQ:MLNX) today announced the pricing of its initial public offering of 6,000,000 of its ordinary shares at a price to the public of $17 per share. All of the ordinary shares are being offered by the Company. Mellanox has granted the underwriters a 30-day option to purchase up to 900,000 additional shares at the initial public offering price to cover over-allotments, if any. Mellanox’s common stock will be listed on the NASDAQ Global Market under the symbol “MLNX”.

Credit Suisse Securities (USA) LLC and J.P. Morgan Securities Inc. acted as joint book-running managers for the offering, with Thomas Weisel Partners LLC and Jefferies & Company, Inc. serving as co-managers. A copy of the final 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, CS Level, Brooklyn, NY 11245, toll-free 1-866-430-0686.

A registration statement related to these securities was declared effective by the Securities and Exchange Commission on February 7, 2007. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Mellanox Technologies Ltd.