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Technology Stocks : Triquint Semiconductor (TQNT) -- Ignore unavailable to you. Want to Upgrade?


To: MC who wrote (653)6/10/1999 4:36:00 PM
From: The Ox  Read Replies (1) | Respond to of 995
 
TriQuint Semiconductor, Inc. Announces Three-for-Two Stock Split

HILLSBORO, Ore.--(BUSINESS WIRE)--June 10, 1999--TriQuint Semiconductor, Inc. (Nasdaq:TQNT) today announced that its Board of Directors has declared a three-for-two stock split of the outstanding shares of TriQuint Semiconductor common stock.

The stock split will be payable on or about July 8, 1999 to shareholders of record as of June 22, 1999. Shareholders will receive one additional share of TriQuint Semiconductor common stock for every two shares held on the record date. The total number of shares outstanding after the split will be approximately 14.6 million. The Company will pay cash in lieu of fractional shares.

TriQuint Semiconductor, Inc. (Nasdaq:TQNT) is a leading worldwide supplier of a broad range of high performance gallium arsenide (GaAs) integrated circuits. TriQuint's products span the RF and millimeter wave frequency ranges and employ analog and mixed signal circuit designs. They are used in wireless communications, telecommunications, data communications and aerospace systems. TriQuint offers both standard and customer specific products as well as foundry services. TriQuint's two operations, in Oregon and Texas, are both certified to the ISO 9001 international quality standard.

TriQuint is headquartered at 2300 NE Brookwood Parkway, Hillsboro, OR 97124 and can be reached by phone at 503/615-9000, (fax 503/615-8900). Visit the TriQuint web-site at triquint.com.

CONTACT:

TriQuint Semiconductor, Inc.

E.K. Ranjit, 503/615-9414

Vice President, Finance

or

Fi. Comm

Heidi A. Flannery, 503/844-8888

Investor Relations Counsel