-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
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 iWYkfOngF1++ZCxGGcOCgA==

<SEC-DOCUMENT>0001178913-06-000350.txt : 20060227
<SEC-HEADER>0001178913-06-000350.hdr.sgml : 20060227
<ACCEPTANCE-DATETIME>20060227061046
ACCESSION NUMBER:		0001178913-06-000350
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20060227
FILED AS OF DATE:		20060227
DATE AS OF CHANGE:		20060227

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SILICOM LTD
		CENTRAL INDEX KEY:			0000916793
		STANDARD INDUSTRIAL CLASSIFICATION:	COMPUTER COMMUNICATIONS EQUIPMENT [3576]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23288
		FILM NUMBER:		06644914

	BUSINESS ADDRESS:	
		STREET 1:		08 HANAGAR ST
		CITY:			KFAR-SAVA ISRAEL
		STATE:			L3
		ZIP:			44000
		BUSINESS PHONE:		97297644555

	MAIL ADDRESS:	
		STREET 1:		P.O.BOX 2164
		CITY:			KFAR-SAVA
		STATE:			L3
		ZIP:			44000
</SEC-HEADER>
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<TYPE>6-K
<SEQUENCE>1
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     <!-- Control Number: 62265                                                            -->
     <!-- Rev Number:     1                                                                -->
     <!-- Client Name:    Silicom Ltd                                                      -->
     <!-- Project Name:   6-K                                                              -->
     <!-- Firm Name:      Zadok-Keinan Ltd                                                 -->
     <TITLE>6-K</TITLE>
</HEAD>
<BODY>

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<HR ALIGN=LEFT WIDTH=100% SIZE=4 NOSHADE STYLE="margin-top: -5px">
<HR ALIGN=LEFT WIDTH=100% SIZE=1 NOSHADE STYLE="margin-top: -10px">

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4>SECURITIES AND
EXCHANGE COMMISSION </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>WASHINGTON, D.C. 20549 </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4>FORM 6-K </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>REPORT OF FOREIGN
PRIVATE ISSUER </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>PURSUANT TO RULE
13a-16 OR 15d-16 OF </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>THE SECURITIES
EXCHANGE ACT OF 1934 </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Workstation" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B><I>For the month of
February, 2006</I></B> </FONT> </P>

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<HR SIZE="1" NOSHADE WIDTH="15%" ALIGN="CENTER">

<!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=5>SILICOM LTD. </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Indent Lv 0-TNR" FSL="Workstation" -->
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Translation of Registrant&#146;s name into English) </FONT></P>

<!-- MARKER FORMAT-SHEET="Footnote Rule-TNR" FSL="Workstation" -->
<HR SIZE="1" NOSHADE WIDTH="15%" ALIGN="CENTER">

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>8 Hanagar St., P.O.Box
2164, Kfar-Sava 44425, Israel </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Workstation" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Address of Principal
Executive Offices) </FONT></P>

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<HR SIZE="1" NOSHADE WIDTH="15%" ALIGN="CENTER">

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Indicate by check mark whether the
registrant files or will file annual reports under cover of Form 20-F or Form 40-F: </FONT></P>

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<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Form 20-F</B> </FONT> <FONT FACE="Wingdings" SIZE="3">x </FONT>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Form 40-F</B> </FONT> <FONT FACE="Wingdings" SIZE="3">o </FONT>
</P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Indicate by check mark whether the
registrant by furnishing the information contained in this form is also thereby furnishing
the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange
Act of 1934: </FONT></P>

<P align=center> <FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Yes</B> </FONT> <FONT FACE="Wingdings" SIZE="3">o </FONT>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>No</B> </FONT> <FONT FACE="Wingdings" SIZE="3">x </FONT> </P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Signature </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Pursuant to the requirements of the
Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed
on its behalf by the undersigned, thereunto duly authorized. </FONT></P>


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<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SILICOM  Ltd.<BR>(Registrant)<BR>
<BR>BY: /S/ Eran Gilad<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>
Eran Gilad<BR>CFO</FONT></TD>
</TR>
</TABLE>
<BR>



<!-- MARKER FORMAT-SHEET="Head Left-TNR" FSL="Default" -->
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Dated: February
27<SUP>th</SUP>, 2006 </FONT></P>

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<BR><BR>

<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=3>FOR IMMEDIATE RELEASE </FONT></H1>

<!-- MARKER FORMAT-SHEET="Head Sub 3 Left-TNR" FSL="Workstation" -->
<P ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="5"><U><B>SILICOM ANNOUNCES ADDITIONAL DESIGN WIN
<BR>WITH LEADING SECURITY APPLIANCE PROVIDER</B></U> </FONT> </P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>KFAR
SAVA, Israel, February 27, 2006 &#150; </B> <B>Silicom Ltd. (NASDAQ &amp; TASE:
<U>SILC</U>) </B>today announced that it has secured a new Design Win from a leading
Internet security solution company, the second Design Win that it has announced this
month. The Design Win is for four of Silicom&#146;s advanced Multiport and Bypass Gigabit
Ethernet adapters, three of which are designed for use in the customer&#146;s
state-of-the-art PCI-EXPRESS-based platforms. All four Silicom products are fully
compliant with the RoHS (Reduction Of Hazardous Substances) directive. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Indent Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
customers&#146; security proxy appliances provide visibility and control of Internet
communications to protect against risks from spyware, web viruses, inappropriate surfing,
instant messaging (IM), video streaming and peer-to-peer (P2P) file sharing while
simultaneously improving web performance. It will use Silicom adapters in two of its
appliances to assure high-quality wirespeed data transfer, maintain connectivity in
various potential failure scenarios and to achieve maximum flexibility in their
connectivity options. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;We
are pleased to report our second new Design Win for the month, and to add another leading
Security Industry player to our growing list of customers,&#148; said Mr. Shaike Orbach,
President and CEO of Silicom. &#147;Having built its reputation on high-throughput
security proxy solutions, we are proud that this customer is turning to Silicom adapters
to help it deliver on its performance and connectivity promises. As with the majority of
our Design Wins, we expect that initial orders from this customer will be followed by a
ramp up period until they reach mass production levels. In general, the process of
securing the Design Win itself helps us build a close relationship with our customer which
expands over time, leading naturally to repeat orders and to an expanded use of our
products in more of their solutions. In fact, the 30+ Design Wins that we accumulated over
the past two years were the primary drivers of the record revenues and profits that we
posted throughout 2005.&#148; </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mr.
          Orbach continued, &#147;To take full advantage of our growing market
          recognition, we continue working to build our penetration of the Security
          Appliances market, as well as additional high-growth segments including Network
          Acceleration, Load Balancing and others. With over 100 potential customers in
          the pipeline, we believe we are favorably positioned for long term growth.&#148; </FONT></P>

<p align=center>
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<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Note regarding the RoHS Directive:
</B>The RoHS (Reduction Of Hazardous Substances) Directive of the European Union (EU)
(commonly called the &#147;Lead Free Law&#148;) sets maximum concentration limits on
hazardous materials used in electrical and electronic equipment. Implementation of the
RoHS Directive is required in all EU countries by July 1, 2006, and many states within the
U.S. have adopted or are considering adoption of similar laws. Silicom is among the first
companies world wide offering RoHS Compliant multi port and bypass server adapters. </FONT></P>


<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>About Silicom</B><BR><BR>Silicom Ltd. is an industry-leading
provider of high-performance network connectivity solutions. The Company&#146;s flagship
products include a variety of multi-port Gigabit Ethernet server adapters and innovative
BYPASS adapters designed to increase throughput and availability of security appliances
and other mission-critical gateway applications. Silicom also offers a broad range of
customizable PC Cards, PCI cards and USB products. For more information, please visit:
<U>www.silicom.co.il</U>. </FONT> </P>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-TNR" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>All brands, names, or trademarks
mentioned in this document are the property of their respective owners. <BR><BR>Statements in this
press release which are not historical data are forward-looking statements which involve
known and unknown risks, uncertainties, or other factors not under the Company&#146;s
control, which may cause actual results, performance, or achievements of the Company to be
materially different from the results, performance, or other expectations implied by these
forward-looking statements. These factors include, but are not limited to, those detailed
in the Company&#146;s periodic filings with the Securities and Exchange Commission. The
Company disclaims any duty to update such statements. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Contact:
<BR>Silicom Ltd.
<BR>Eran Gilad, CFO
<BR>Tel: +972-9-764-4555
<BR>E-mail: <U>erang@silicom.co.il</U></B> </FONT>
</P>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
