TowerJazz Awards Photronics with Photomask Supplier of the Year Award

Photronics, Inc. (Nasdaq:PLAB), a worldwide leader in supplying innovative imaging technology solutions for the global electronics industry, today announced that TowerJazz, a global specialty foundry leader has awarded the Company with its Photomask Supplier of the Year Award for outstanding service and support. TowerJazz utilizes a comprehensive Supplier Rating Program which quantitatively measures Quality, Commercial Performance, Cycle Time, Technology Capability and Customer Support. While taking top honors among photomask suppliers, Photronics achieved perfect scores for both Quality and On-time Delivery performance.

Constantine (“Deno”) Macricostas, Photronics’ Chairman and Chief Executive Officer commented, “We are privileged to receive this award from TowerJazz. For many years our companies have been working closely together to assist TowerJazz’s success in the competitive global foundry marketplace. This award demonstrates the core values of outstanding customer service, and manufacturing excellence Photronics provides to its customers.”

“Photronics continues to deliver both quality and value for TowerJazz. Exceptional on-time delivery performance has become the norm even on expedited orders. In addition, their on-site Customer Support personnel are integral and valued members of our Operations team. We congratulate Photronics on this award and their proven commitment to our success,” stated Nabil Alali, Senior Vice President of Operations, TowerJazz.

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