Press Release: Mellanox Achieves Record Quarterly Revenue in the First Quarter 2016

PRESS RELEASE

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Mellanox Technologies, Ltd.

Press/Media Contact Allyson Scott McGrath/Power Public Relations and Communications +1-408-727-0351 allysonscott@mcgrathpower.com

Investor Contact Jeffrey Schreiner +1-408-916-0012 jschreiner@mellanox.com

Israel PR Contact Sharon Levin Gelbart Kahana Investor Relations +972-3-6070567 sharonl@gk-biz.com

Mellanox Achieves Record Quarterly Revenue in the First Quarter 2016 Quarterly revenue growth of 34.2 percent, year-over-year to $196.8 million, sets new record Quarterly Ethernet revenues grew 98 percent year-over-year, including EZchip Closed acquisition of EZchip Semiconductor Ltd.

SUNNYVALE, Calif. and YOKNEAM, ISRAEL - April 20, 2016 - Mellanox(r) Technologies, Ltd. (NASDAQ: MLNX) today announced financial results for its first quarter ended March 31, 2016.

"We are pleased to report the fourth consecutive quarter of record revenue. Our profitability grew 37.2 percent year-over-year. During the quarter we closed the acquisition of EZchip Semiconductor Ltd. We see great promise in the combination of EZchip's intelligent processors, and Mellanox's leading interconnect technology. We believe the combined company can deliver compelling value to current and future customers," said Eyal Waldman, president and CEO of Mellanox Technologies. "We recorded strong growth in our Ethernet business, supported by adoption of our 40 Gigabit Ethernet adapters. We are seeing strong interest in the Spectrum product line and expect revenues to accelerate in the coming quarters. Tests demonstrate superior performance, costs, resiliency, and power of Spectrum compared to alternative products. We are pleased to see our InfiniBand business grow year-over-year. We see additional hyperscale entities deployed InfiniBand in their data centers."

First Quarter 2016 -Highlights * Revenues of $196.8 million increased 11.2 percent, compared to $176.9 million in the fourth quarter of 2015. * GAAP gross margins of 64.2 percent in the first quarter compared to 70.7 percent in the fourth quarter of 2015. * Non-GAAP gross margins of 71.4 percent in the first quarter compared to 72.2 percent in the fourth quarter of 2015. * GAAP operating loss was $3.9 million, compared to operating income of $19.9 million in the fourth quarter of 2015. * Non-GAAP operating income was $41.3 million, or 21.0 percent of revenue, compared to $36.6 million, or 20.7 percent of revenue in the fourth quarter of 2015. * GAAP net loss was $7.2 million, compared to net income of $43.2 million in the fourth quarter of 2015. * Non-GAAP net income was $39.3 million, compared to $37.5 million in the fourth quarter of 2015. * GAAP net loss per diluted share was $0.15 in the first quarter compared to net income per diluted share of $0.90 in the fourth quarter of 2015. * Non-GAAP net income per diluted share was $0.81 in the first quarter compared to $0.77 in the fourth quarter of 2015. * $48.6 million in cash was provided by operating activities, compared to $34.7 million in the fourth quarter of 2015. * Cash and investments totaled $261.8 million at March 31, 2016, compared to $510.5 million at December 31, 2015.

Second Quarter 2016 Guidance We currently project: * Quarterly revenues of $210 million to $215 million * Non-GAAP gross margins of 71 percent to 72 percent * An increase in non-GAAP operating expenses of 8 percent to 10 percent * Share-based compensation expense of $13.4 million to $13.9 million * Non-GAAP diluted share count of 48.8 million to 49.3 million shares

Recent Mellanox Press Release Highlights *

April 4, 2016

Mellanox Announces New Line of InfiniBand Router Systems, Expanding Data Center Scalability and Enabling Infrastructure Flexibility

*

Mar 22, 2016

Mellanox Announces First 200Gb/s Silicon Photonics Devices, Doubling The Performance in the QSFP Form Factor

*

Mar 22, 2016

Mellanox and InnoLight Announce the Availability and Interoperability of 100Gb/s PSM4 Transceivers at 1310 and 1550nm Wavelengths

*

Mar 8, 2016

Mellanox Showcases End to End 100Gb/s Ethernet Solutions for Content Distribution Networks

*

Mar 7, 2016

Mellanox Adds Cumulus Linux Support for Ethernet Switches

*

Mar 7, 2016

Mellanox Introduces World's First 25/50 Gb/s OCP Ethernet Adapters for Single and Multi-Host Technology

*

Mar 7, 2016

Mellanox Introduces Open Composable Networks to Enable New Interconnect Speeds and Higher Efficiency for OCP Platforms

*

Mar 2, 2016

Mellanox Joins RISC-V Foundation as a Platinum Founding Sponsor

*

Mar 1, 2016

Mellanox Delivers Next Generation Network Processor to Key Telco Customers

*

Feb 24, 2016

Mellanox Partners with Nutanix to Deliver Effortless Enterprise Infrastructure

Conference Call Mellanox will hold its first quarter 2016 financial results conference call today at 2 p.m. Pacific Time to discuss the company's financial results. To listen to the call, dial +1-877-876-9177, or for investors outside the U.S., +1-785-424-1666, approximately 10 minutes prior to the start time. The Mellanox financial results conference call will be available via live webcast on the investor relations section of the Mellanox website at http://ir.mellanox.com. Access the webcast 15 minutes prior to the start of the call to download and install any necessary audio software. A replay of the webcast will also be available on the Mellanox website. About Mellanox Mellanox Technologies is a leading supplier of end-to-end InfiniBand and Ethernet interconnect solutions and services for servers and storage. Mellanox interconnect solutions increase data center efficiency by providing the highest throughput and lowest latency, delivering data faster to applications and unlocking system performance capability. Mellanox offers a choice of fast interconnect products: adapters, switches, software, cables and silicon that accelerate application runtime and maximize business results for a wide range of markets including high-performance computing, enterprise data centers, Web 2.0, cloud, storage and financial services. More information is available at www.mellanox.com.

GAAP to Non-GAAP Reconciliation To supplement our consolidated financial statements presented in accordance with generally accepted accounting principles (GAAP), Mellanox uses non-GAAP measures of net (loss) income which are adjusted from results based on GAAP to exclude share-based compensation expense, amortization expense of acquired intangible assets, acquisition related expense, settlement costs, changes in certain deferred tax assets and gains (impairment losses) on equity investments. The company believes the non-GAAP results provide useful information to both management and investors, as these non-GAAP results exclude expenses that are not indicative of our core operating results. Management believes it is useful to exclude share-based compensation expense, amortization expense of acquired intangible assets, acquisition related expense, settlement costs, changes in deferred tax assets, and gains (impairment losses) on equity investments because it enhances investors' ability to understand our business from the same perspective as management, which believes that such items are not directly attributable to nor reflect the underlying performance of the company's business operations. Further, management believes certain non-cash charges such as share-based compensation, amortization of acquired intangible assets and changes related to recognition of deferred taxes do not reflect the cash operating results of the business. These measures should be considered in addition to results prepared in accordance with GAAP, but should not be considered a substitute for or superior to GAAP results. These non-GAAP measures may be different than the non-GAAP measures used by other companies. A reconciliation of GAAP to non-GAAP condensed consolidated statements of operations is also presented in the financial statements portion of this release and is posted under the "Investor Relations" section on our website. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 All statements included or incorporated by reference in this release, other than statements or characterizations of historical fact, are forward-looking statements, including the guidance for the three months ended June 30, 2016, statements related to trends in the market for our solutions and services, opportunities for our company in 2016 and beyond, and future product capabilities. These forward-looking statements are based on our current expectations, estimates and projections about our industry and business, management's beliefs and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "projects," "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions and variations or negatives of these words. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include the continued expansion of our product line, customer base and the total available market of our products, the continued growth in demand for our products, the continued, increased demand for industry standards-based technology, our ability to react to trends and challenges in our business and the markets in which we operate, our ability to anticipate market needs or develop new or enhanced products to meet those needs, the adoption rate of our products, our ability to establish and maintain successful relationships with our OEM partners, our ability to effectively compete in our industry, fluctuations in demand, sales cycles and prices for our products and services, our success converting design wins to revenue-generating product shipments, the continued launch and volume ramp of large customer sales opportunities, our ability to protect our intellectual property rights, our ability to successfully acquire businesses and technologies and to successfully integrate and operate these acquired businesses, our success in realizing the anticipated benefits of mergers and acquisitions, and our ability to obtain debt at competitive rates or in sufficient amounts in order to fund our contractual commitments. Furthermore, the majority of our quarterly revenues are derived from customer orders received and fulfilled in the same quarterly period. We have limited visibility into actual end-user demand as such demand impacts us and our OEM customer inventory balances in any given quarter. Consequently, this introduces risk and uncertainty into our revenue and production forecasts and business planning and could negatively impact our financial results. In addition, current uncertainty in the global economic environment poses a risk to the overall economy as businesses may defer purchases in response to tighter credit conditions, changing overall demand for our products, and negative financial news. Consequently, our results could differ materially from our prior results due to these general economic and market conditions, political events and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission.

More information about the risks, uncertainties and assumptions that may impact our business is set forth in our annual report on Form 10-K filed with the SEC on February 26, 2016. All forward-looking statements in this press release, including the guidance for the three months ended June 30, 2016, are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements. Mellanox is a registered trademark of Mellanox Technologies, Ltd. All other trademarks are property of their respective owners.

Mellanox Technologies, Ltd.

Condensed Consolidated Statements of Operations

(in thousands, except per share data, unaudited)

Three Months Ended

March 31,

2016

2015

Total revenues

$

196,810

$

146,675

Cost of revenues

70,481

41,087

Gross profit

126,329

105,588

Operating expenses:

Research and development

71,034

58,118

Sales and marketing

31,228

22,558

General and administrative

27,938

9,701

Total operating expenses

130,200

90,377

(Loss) income from operations

(3,871

)

15,211

Interest expense

998

-

Other income (loss)

61

(2,469

)

Other loss, net

(937

)

(2,469

)

(Loss) income before taxes

(4,808

)

12,742

Provision for taxes on income

2,360

2,246

Net (loss) income

$

(7,168

)

$

10,496

Net (loss) income per share - basic

$

(0.15

)

$

0.23

Net (loss) income per share - diluted

$

(0.15

)

$

0.22

Shares used in computing net (loss) income per share:

Basic

47,358

45,691

Diluted

47,358

47,034

Mellanox Technologies, Ltd.

Reconciliation of Non-GAAP Adjustments

(in thousands, percentages, unaudited)

Three Months Ended

March 31,

2016

2015

Reconciliation of GAAP net income (loss) to non-GAAP:

GAAP (loss) net income

$

(7,168

)

$

10,496

Adjustments:

Share-based compensation expense:

Cost of revenues

475

547

Research and development

9,152

6,768

Sales and marketing

3,648

2,394

General and administrative

4,991

2,009

Total share-based compensation expense

18,266

11,718

Amortization of acquired intangibles:

Cost of revenues

10,429

1,474

Research and development

195

195

Sales and marketing

1,023

584

Total amortization of acquired intangibles

11,647

2,253

Settlement costs:

General and administrative

5,106

-

Total settlement costs

5,106

Acquisition related charges:

Cost of revenues

3,300

-

Research and development

476

763

Sales and marketing

56

225

General and administrative

6,348

-

Total acquisition related charges

10,180

988

Impairment loss on equity investment in a private company

-

3,189

Deferred taxes on NOL in Israel

1,265

-

Non-GAAP net income

$

39,296

$

28,644

Reconciliation of GAAP gross profit to non-GAAP:

Revenues

$

196,810

$

146,675

GAAP gross profit

126,329

105,588

GAAP gross margin

64.2

%

72.0

%

Share-based compensation expense

475

547

Amortization of acquired intangibles

10,429

1,474

Acquisition related charges

3,300

-

Non-GAAP gross profit

140,533

107,609

Non-GAAP gross margin

71.4

%

73.4

%

Reconciliation of GAAP operating expenses to non-GAAP:

GAAP operating expenses

$

130,200

$

90,377

Share-based compensation expense

(17,791

)

(11,171

)

Amortization of acquired intangibles

(1,218

)

(779

)

Settlement costs

(5,106

)

-

Acquisition related charges

(6,880

)

(988

)

Non-GAAP operating expenses

$

99,205

$

77,439

Mellanox Technologies, Ltd.

Reconciliation of Non-GAAP Adjustments

(in thousands, except per share data, unaudited)

Three Months Ended

March 31,

2016

2015

Reconciliation of GAAP (loss) income from operations to non-GAAP:

GAAP (loss) income from operations

$

(3,871

)

$

15,211

Share-based compensation expense

18,266

11,718

Settlement costs

5,106

-

Amortization of acquired intangibles

11,647

2,253

Acquisition related charges

10,180

988

Non-GAAP income from operations

$

41,328

$

30,170

Shares used in computing GAAP diluted earnings per share

47,358

47,034

Adjustments:

Effect of dilutive securities under GAAP*

-

(1,343

)

Total options vested and exercisable

1,450

1,797

Shares used in computing non-GAAP diluted earnings per share

48,808

47,488

GAAP diluted net (loss) income per share

$

(0.15

)

$

0.22

Adjustments:

Share-based compensation expense

0.38

0.25

Amortization of acquired intangibles

0.25

0.04

Settlement costs

0.11

-

Acquisition related charges

0.21

0.02

Deferred taxes in NOL in Israel

0.03

-

Impairment loss on equity investment in a private company

-

0.07

Effect of dilutive securities under GAAP*

-

0.02

Total options vested and exercisable

(0.02

)

(0.02

)

Non-GAAP diluted net income per share

$

0.81

$

0.60

• This adjustment adds back the GAAP effect of additional ordinary shares that would have been outstanding if the dilutive potential ordinary shares from stock options had been issued under the Treasury method.

Mellanox Technologies, Ltd. Condensed Consolidated Balance Sheets (in thousands, unaudited)

March 31,

December 31,

2016

2015

ASSETS

Current assets:

Cash and cash equivalents

$

117,912

$

263,199

Short-term investments

143,926

247,314

Accounts receivable, net

105,114

84,273

Inventories

72,271

62,473

Other current assets

22,907

19,979

Total current assets

462,130

677,238

Property and equipment, net

103,157

100,018

Severance assets

15,787

9,514

Intangible assets, net

308,721

32,154

Goodwill

476,037

200,743

Deferred taxes and other long-term assets

32,627

33,715

Total assets

$

1,398,459

$

1,053,382

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities:

Accounts payable

$

47,632

$

44,600

Accrued liabilities

106,684

74,296

Deferred revenue

18,948

17,743

Capital lease liabilities, current

217

491

Current portion of term debt

25,905

-

Total current liabilities

199,386

137,130

Accrued severance

19,630

12,464

Deferred revenue

12,197

12,439

Term debt

248,926

-

Other long-term liabilities

26,498

24,668

Total liabilities

506,637

186,701

Shareholders' equity:

Ordinary shares

202

200

Additional paid-in capital

713,039

684,824

Accumulated other comprehensive income (loss)

2,423

(1,669

)

Retained earnings

176,158

183,326

Total shareholders' equity

891,822

866,681

Total liabilities and shareholders' equity

$

1,398,459

$

1,053,382

Mellanox Technologies, Ltd. Condensed Consolidated Statement of Cash Flows (in thousands, unaudited)

Three months ended March 31,

2016

2015

Cash flows from operating activities:

Net (loss) income

$

(7,168

)

$

10,496

Adjustments to reconcile net (loss) income to net cash provided by operating activities, net of effects from acquired company:

Depreciation and amortization

20,614

9,546

Deferred income taxes

1,265

104

Share-based compensation expense

18,266

11,718

Loss (gain) on investments

112

(309

)

Impairment of equity investment in a private company

-

3,189

Changes in assets and liabilities:

Accounts receivable, net

(4,677

)

9,005

Inventory

4,361

(8,689

)

Prepaid expenses and other assets

2,305

3,895

Accounts payable

3,340

(2,122

)

Accrued liabilities and other payables

10,177

8,962

Net cash provided by operating activities

48,595

45,795

Cash flows from investing activities:

Purchase of severance-related insurance policies

(226

)

(186

)

Purchase of short term investments

(64,908

)

(87,793

)

Proceeds from sale of short term investments

199,932

37,326

Proceeds from maturities of short term investments

77,715

17,798

Purchase of property and equipment

(8,283

)

(9,521

)

Purchase of equity investment in a private company

(107

)

-

Acquisition, net of cash acquired $87.5 million

(681,189

)

-

Net cash used in investing activities

(477,066

)

(42,376

)

Cash flows from financing activities:

Proceeds from term debt

280,000

-

Term debt issuance costs

(5,521

)

-

Principal payments on capital lease obligations

(274

)

(281

)

Proceeds from exercise of share awards

8,979

7,192

Net cash provided by financing activities

283,184

6,911

Net (decrease) increase in cash and cash equivalents

(145,287

)

10,330

Cash and cash equivalents at beginning of period

263,199

51,326

Cash and cash equivalents at end of period

$

117,912

$

61,656

IBM Program for Startups and poalim hi tech

IBM would like to offer Poalim High-Tech startups to be part of the IBM Program for Startups, and get a credit of up to $120K USD for using IBM cloud and cognitive services. Registration is free of charge, and offers a variety of benefits for startups. You'll enjoy access to enterprise-class cloud infrastructure (IBM Softlayer) and a cloud development platform (IBM Bluemix) to help you deploy applications in minutes. Registration: https://www.softlayer.com/catalyst-application

For those startups that will join the program, we would like to set a 1 hour meeting with a senior architect and business development manager from our Startups Unit at IBM Israel. During this 1 hour meeting we would like to explore potential teaming between your startup and IBM. The meeting will be focused on the technical aspects of your solution and its possible match with IBM's growth initiatives: Cognitive Computing, Cloud, BigData, Mobile, Social & Security. Its an opportunity to put one of the world's most respected technology brands and innovation leaders behind your business. In relevant cases, we'll also explore potential fit to the next class of IBM Alpha Zone accelerator.

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Zadara Enhances Storage-as-a-Service Offering with Object Store and other Key Enterprise Services

IRVINE, CA – April 12, 2016 – Zadara™ Storage, the provider of enterprise-class storage-as-a-service (STaaS), today announced the addition of new storage services to their award-winning Zadara Storage Cloud. The powerful new services, targeted at both enterprises and service providers, deliver a common storage-as-aservice platform that can be deployed at any location, supporting any data type and connecting to any protocol. With traditional on-premise IT infrastructure dropping from 61% in 2015 to just 47% of worldwide external storage spending by 2019, (IDC’s Worldwide Quarterly Cloud Infrastructure Tracker 3Q15, January 2016), the dramatic transition from CapEx to OpEx storage is underway. “Enterprises need scalable, elastic, enterpriseclass storage-as-a-service that is always aligned their changing worlds, and that’s exactly what we provide,” said Nelson Nahum, CEO and co-founder of Zadara Storage. “The new storage services being introduced today reinforce our commitment to providing enterprises and service providers the ability to focus on managing their business, rather than managing their storage.” The new ZIOS™ Intelligent Object Store service provides private, as-a-service, object storage with Zadara’s hallmark isolated resources. Zadara’s unique approach to dedicating resources provides the economic and scalable benefits of multi-tenancy, with the guaranteed performance and security of single-tenancy. ZIOS capacity is infinitely scalable and the performance scales equally, as capacity grows. The product is S3/Swift compatible, and provides different levels of administrative access as well as charge-back billing. ZIOS runs on Zadara clouds and shares the same infrastructure as Zadara's block and file services VPSA™ solution. To further address the growing need for flexible, high-performance, storage-as-a-service within both enterprises and service providers, Zadara has introduced 16Gb Fibre Channel host connectivity and large flash cache options. By adding 16Gb Fibre Channel connectivity, Zadara customers can now leverage their investment in Fibre Channel’s low-latency, high-performance and proven enterprise-grade interoperability together with their Zadara solutions. The addition of large flash cache (up to 3.2TB) enables users to deploy large inexpensive drives to store huge amounts of data, while enjoying the high performance of flash for databases and applications with unique performance needs. Zadara also added support for VMware SRM, larger capacity 1.6TB SSDs, and enhancements to their Docker service - Zadara Container Services (ZCS). 1 “In five years, Zadara Storage has become a growing force in the cloud storage market with a distinctive approach to enterprise storage,” said Nick Sundby, director, storage consulting and business value practice lead at IDC. “The new functionality announced today addresses the widespread need for more performance, security and scalability. With ZIOS, the customer has the useful option of secure object storage on dedicated hardware, combined with the as-a-service pricing that many organizations prefer.” “Zadara Storage continues to introduce features that give them competitive differentiation in the rapidly growing storage-as-a-service market,” said Simon Robinson, vice president, Infrastructure at 451 Research. “Zadara’s approach to delivering storage that evolves with users’ needs reinforces their reputation as an innovator and aligns extremely well with the market demands.” “One cloud model will not rule all," says David Vellante, cofounder and Chief Analyst at Wikibon. "Over the next ten years, we see about $200B shifting to hybrid cloud services from legacy infrastructure management. These services will live in the public cloud, on-premise and at the edge of the network. Zadara Storage is directly participating in this transfer of value by innovating in all three of these areas. The business impact will be more value created for end consumers and less time spent managing infrastructure.” Click to Tweet: #ZadaraStorage introduces Universal Storage-as-a-Service (STaaS) that Evolves with your Business - http://bit.ly/1605Release About Zadara Storage Zadara Storage offers enterprise storage-as-a-service, delivering high-performance, highly available file and block storage. The company’s patented, software-defined Virtual Private Storage Arrays™ (VPSA™) deliver flexible, multi-tenant enterprise SAN and NAS technology for peta-scale primary and secondary storage. Zadara is available both via OPaaS (On-Premise as a Service) and through a wide range of worldwide cloud and colocation providers, including value-added relationships with Amazon Web Services (AWS), Microsoft Azure, Dimension Data, TelecityGroup, CloudSigma, and others. Visit www.zadarastorage.com, the Zadara Blog, or on LinkedIn and Twitter. Media Contacts (A3 Communications): US: Mary Kae Marinac Phone: 978-685-3136 Email: mkm@mkmarinac.com EMEA: Federica Monsone Phone: +44 (0) 1252 875 203 Email: fred.monsone@a3communications.co.uk 2

The Citi Accelerator Program

The Citi Accelerator offers FinTech startups the opportunity to gain unique access to Citi worldwide. The program is 4 months long, and consists of a workspace in Citi’s Tel Aviv Innovation Lab, where the participating companies are mentored by key decision makers at the bank from all over the world during the program. The mentorship at times results in a pilot or POC with Citi. The program includes both Financial and Technological mentorship by Citi personnel and industry leaders and professionals in Entrepreneurship, Business, Fund raising, Legal, Accounting and more. Companies from all FinTech fields are welcome to apply. We are interested in multiple areas of solutions, including data intelligence, capital markets, payments, IoT, consumer banking, analytics and more. We are looking for companies of all stages, and focus on advanced companies who have a working product, preferably with multiple clients. We are looking for capable entrepreneurs who are interested in working hard and making things happen, learning and iterating, and offering innovative solutions for the financial industry. We will be holding a meetup on March 30th where you can learn more about the program.

Details here: The program is free of charge; we do not take equity or invest in the companies. Class #5 begins on May 17th, 2016 The last day to apply to Class #5 is April 7th.

Apply here: Tsafrir Atar Head of Citi Accelerator and External Innovation | Innovation Lab | Citi Israel

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Solcon Industies - Come Visit Us at Hannover Messe 2016

**

Dear Partners, We are pleased to invite you to join us at this year’s Hannover Messe 2016 conference. Click here for a free entry pass to join us at Hall 11, Stand B32.

As every year, we look forward to seeing you, whether you are already a partner or a first time visitor to Solcon Industries.

Come and see the technologically advanced, first of its kind, IGBT based Medium Voltage Soft Starter, The DriveStart.

* Optimized for applications that require a low starting current and/or a high starting torque * Saves cost, energy and space, while meeting top performance requirements

** Solcon will also be displaying the newest addition to our Digital, Heavy Duty Medium Voltage Soft Starter, The PowerStart HRVS-DN.

Click here for a free entry pass to join us at Hall 11, Stand B32.

We look forward to welcoming you!

Thank you,

Solcon Industries - Sales & Marketing Tea m

 

** Copyright © 2016 Solcon Industries Ltd, All rights reserved. As a valuable customer we want to keep you up to date with our new product and solutions that will help you meet your business goals

Our mailing address is: Solcon Industries Ltd Hacarmel 6 street Yoqneam Elite 2069207 Israel

Solcon Newsletter April 2016

What’s New at Solcon Industries?

The Next Generation of Motor Soft Starters! Come visit us at this year’s Hannover Messe 2016 conference, Hall 11, Stand B32. As every year, the Solcon team looks forward to welcoming you, whether you are already a partner or a first time visitor to Solcon Industries. This year, Solcon will be displaying the newest addition to the Digital, Heavy Duty Medium Voltage Soft Starter, discover our PowerStart HRVS-DN – Next Generation of Motor Soft Starters. Don’t miss viewing the technologically advanced, first of its kind, IGBT based Medium Voltage Soft Starter, The DriveStart. Also on display, will be Solcon’s full line of Low Voltage Soft Starters, the iStarts, ranging 17–1100A.

Solcon Industries announces the appointment of a new CEO, Mr. Gil Briman Solcon Industries welcomed Mr. Gil Briman as new CEO of Solcon Group. Mr. Briman’s previous positions include Vice President of Mellanox Technologies, Asia Pacific region, GM and VP of Amdocs, Head of SI Services. Mr. Briman’s vast experience in software and hardware solutions, as well as his in depth knowledge of deploying systems specific to international and regional requirements, adds a new dimension to Solcon’s expertise in the motor control industry. “As the international market changes, Solcon continues to lead the evolution with new products that build upon our hard-earned reputation as the leading, yet reliable manufacturer of industrial controls,” states Mr. Briman, “I look forward to working with you and sharing our new solutions that are engineered for your industry-specific requirements.”

Solcon Hands-on Seminar Another successful hands-on seminar was conducted in February 2016 by Solcon’s Colombian distributor in Bogota, Electricas Bogota. The seminar took place at Electricas Bogota’s facilities and covered Solcon’s advanced solutions using Low Voltage Soft Starters, both analog and digital. Clients from various relevant industries enjoyed a practical hand-on session using Solcon’s extended line of iStarts ranging from 17 – 1100A, 208 – 690V. Solcon continuous to encourages distributors worldwide to conduct and participate in these types of customer friendly activities that help promote excellent customer service, innovative solutions and brand awareness.

HRVS-DN controlled by PROFIBUS communication for the Water Industry – Desalination Plant The HRVS-DN Medium Voltage Soft Starter can be used to start a single motor or to control the start of several motors in sequence. Using the Multi-Start feature saves space and reduces construction and installation costs provided the soft starter is selected correctly.

In a recent successful installation by Mekorot Development & Enterprise, using three of Solcon Industries HRVS-DN 250A 11000V Soft Starters, with activated and controlled by PROFIBUS Communication, were installed for high pressure pumps at a desalination plant in Cyprus, which received the desalination plant license for 25 years.

Additionally, 23 advanced Solcon motor protection and control relays for electrical motors, models MPS3000, MPS6 and TPR6 , were installed in the Low Voltage network. The plants HMI system used MODBUS Communication to monitor these relays.

Solcon worked closely with the local integrator and the facilities' engineers to design a system that would leverage the existing infrastructure, the factory's future needs and complement the integrator's electrical equipment.

The durability and reliability of Solcon's Soft Starters provided a complete, simple, and cost effective motor starting and protection solution.

For more information please email us at: info@solcon.com

 

 Solcon Industries Ltd . Hacarmel 6 street . Yoqneam Elite 2069207 . Israel