22.05.2008 12:11:00
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Micrel CEO, Ray Zinn, Comments on Results of Special Meeting of Shareholders
Micrel, Incorporated’s (Nasdaq:MCRL)
President, Chief Executive Officer and Chairman of its Board of
Directors, Ray Zinn, issued the following statement after a special
meeting of shareholders held on May 20, 2008:
"I am gratified by the strong support of our
Board demonstrated by shareholders earlier this week and appreciate
their commitment to the Company. Following the meeting, members of Micrel’s
Board of Directors and I met with Andrew Rechtschaffen and Eric Gomberg
of Obrem Capital Management. The meeting with Obrem management was open
and friendly. Mr. Rechtschaffen indicated his intention to be a long
term investor in Micrel. Both Obrem and the Board are committed to
moving forward in a positive way. We look forward to continuing the
productive dialogue we enjoy with all of our shareholders.” About Micrel, Incorporated
Micrel, Incorporated is a leading global manufacturer of IC solutions
for the worldwide analog, Ethernet and high bandwidth markets. The
Company's products include advanced mixed-signal, analog and power
semiconductors; high performance communication, clock management,
Ethernet switch and physical layer transceiver ICs. Company customers
include leading manufacturers of enterprise, consumer, industrial,
mobile, telecommunications, automotive, and computer products.
Corporation headquarters and state-of-the-art wafer fabrication
facilities are located in San Jose, California with regional sales and
support offices and advanced technology design centers situated
throughout the Americas, Europe and Asia. In addition, the Company
maintains an extensive network of distributors and reps worldwide. Web: http://www.micrel.com.
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