May 3, 2012 -- TowerJazz today announced the partnership with Rachip, Ltd. for providing TowerJazz with external solutions and services to assist its customers with computer-aided design (CAD), quality assurance (QA) and run-set development. The Rachip team is based on a carefully selected and meticulously trained group of female engineers from the ultra-orthodox (Haredi) community in Israel.

While TowerJazz leads the Israeli high-tech sector in gender diversity, with close to 50% of all full-time engineers in Migdal Ha'Emek being female, this cooperation furthers TowerJazz's community-service charter of focusing on gender equality and minority integration by enabling external employment of an Israeli under-represented population of female design engineers. At the same time, this collaboration supports Rachip's growing business.

Rachip specializes in design, verification, design rule check, and back-end and layout services using advanced methodologies in different environments and technologies, providing the utmost professional level of service and competitive rates. One focus of this partnership is design rule check (DRC).

"The partnership between TowerJazz and Rachip provides a mutual advantage for both companies as well as for the Israeli society," said Ofer Tamir, Director, Design Enablement and Support, TowerJazz. "In addition, based on our service charter: 'Educational and vocational development with a focus on gender equality and minority integration,' our current relationship with Rachip is a prime example of our commitment to this as well as a demonstration of the benefit of such an endeavor. We are gaining a very skilled set of design engineers to supplement our own world-class engineering team."