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Mellanox Lists on TASE

SANTA CLARA, Calif. and YOKNEAM, Israel -- Mellanox Technologies, Ltd. (NASDAQ:MLNX), a leading supplier of semiconductor-based server and storage interconnect products, today announced that the company has obtained approval to list its ordinary shares for trading on the Tel-Aviv Stock Exchange (TASE). Trading on TASE will commence on July 9 under the symbol MLNX. Mellanox Technologies’ ordinary shares will continue to be listed and traded on the NASDAQ Global Market under the ticker symbol MLNX. Mellanox Technologies will continue to be subject to all the rules and regulations of the NASDAQ Global Market and the U.S. Securities and Exchange Commission.

"By listing our shares on TASE we believe that we will enable Israeli investors, in particular institutional investors, to take part in our success and overcome various restrictions and time-difference issues that currently limit their ability to trade shares of companies listed on foreign exchanges," said Eyal Waldman, chairman, president and CEO of Mellanox Technologies.

Mellanox Technologies Ltd.