Micro Linear Corporation Sets New Record Date for Special Meeting of Stockholders
September 08 2006 - 4:58PM
PR Newswire (US)
SAN JOSE, Calif., Sept. 8 /PRNewswire-FirstCall/ -- Micro Linear
Corporation (NASDAQ:MLIN), a leading digital wireless transceiver
supplier, today announced that the close of business on Monday,
September 11, 2006, has been set as the new record date for the
determination of stockholders eligible to receive the proxy and
vote at a special meeting of stockholders of Micro Linear to be
held on October 20, 2006, to consider and vote upon a proposal to
approve and adopt the previously announced merger with Sirenza
Microdevices, Inc. and other associated proposals. The September
11, 2006 record date supersedes the previously announced date of
September 25, 2006 as the record date for the special meeting of
stockholders. On August 14, 2006, Micro Linear entered into a
definitive merger agreement with Sirenza, which is subject to the
approval of Micro Linear's stockholders at the special meeting to
be held on October 20, 2006 and other customary closing conditions.
A proxy statement, once final, will be mailed together with a proxy
card to Micro Linear's stockholders of record as of the record
date. The final proxy statement will include the time and location
of the special meeting. About Micro Linear Micro Linear is a
fabless semiconductor company specializing in wireless integrated
circuit solutions, which enable a variety of wireless products
serving a global market. These transceivers can be used in many
streaming wireless applications such as cordless phones, PHS
handsets, wireless speakers and headphones, security cameras, game
controllers, cordless headsets and other personal electronic
appliances. Headquartered in San Jose, California, Micro Linear's
products are available through its authorized representatives and
distributors worldwide. For more information, please visit
http://www.microlinear.com/ . Additional Information and Where to
Find It Sirenza has filed a Form S-4, Micro Linear will file a
proxy statement and both companies will file other relevant
documents concerning the proposed merger transaction with the
Securities and Exchange Commission (SEC). INVESTORS ARE URGED TO
READ THE FORM S-4, PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS
FILED WITH THE SEC BECAUSE THEY CONTAIN IMPORTANT INFORMATION. You
may obtain the documents at the Web site maintained by the SEC at
http://www.sec.gov/. In addition, you may obtain documents filed
with the SEC by Micro Linear by contacting Micro Linear
Corporation, 2050 Concourse Drive, San Jose, CA 95131, Attention:
Investor Relations. You may obtain documents filed with the SEC by
Sirenza by contacting Sirenza Microdevices, Inc., 303 S. Technology
Court, Broomfield, CO 80021, Attention: Investor Relations.
Interests of Certain Persons in the Merger Micro Linear, its
directors, and certain of its executive officers may be considered
participants in the solicitation of proxies in connection with the
proposed transactions. Information about the directors and
executive officers of Micro Linear and their ownership of Micro
Linear stock is set forth in the proxy statement for Micro Linear's
2006 annual meeting of shareholders. Investors may obtain
additional information regarding the interests of such participants
by reading the Form S-4 and proxy statement for the merger.
Investors should read the Form S-4 and proxy statement carefully
before making any voting or investment decisions. Cautionary
Information Regarding Forward-Looking Statements Except for the
historical and factual information contained herein, the matters
set forth in this news release, including statements as to
regulatory approvals for the merger, timing expectations to
complete the merger and other statements identified by words such
as "estimates," "expects," "projects," "plans," and similar
expressions are forward-looking statements within the meaning of
the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements are subject to
risks and uncertainties that may cause actual results to differ
materially, including required approvals by Micro Linear
stockholders and regulatory agencies of the merger, the
satisfaction of other closing conditions contained in the merger
agreement and other risk factors relating to our industry as
detailed from time to time in Micro Linear's reports filed with the
SEC, including its most recent Annual Report on Form 10-K and
Quarterly Report on Form 10-Q. You should not place undue reliance
on these forward-looking statements, which speak only as of the
date of this press release. Unless legally required, Micro Linear
undertakes no obligation to update publicly any forward-looking
statements herein, whether as a result of new information, future
events or otherwise. DATASOURCE: Micro Linear Corporation CONTACT:
Jim Mathias of Shelton Group Investor Relations, +1-972-239-5119,
ext. 115, or , for Micro Linear Corporation Web site:
http://www.microlinear.com/
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