Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : SILICON STORAGE SSTI Flash Mem -- Ignore unavailable to you. Want to Upgrade?

To: JRI who wrote (569)	6/20/2000 4:36:00 AM
From: Allegoria	Respond to of 1881

SST Declares Three-For-One Stock Split MONDAY, JUNE 19, 2000 5:46 PM - BusinessWire SUNNYVALE, Calif., Jun 19, 2000 (BUSINESS WIRE) -- SST (Silicon Storage Technology, Inc.) (Nasdaq:SSTI) today announced today that its Board of Directors has approved a three-for-one split of the company's outstanding shares of common stock. The stock split will be effected in the form of a stock dividend and will entitle each shareholder of record at the close of business on July 28, 2000, to receive two shares for every share of common stock held on the record date. Distributions from the stock split are expected to be made by the transfer agent on or about August 11, 2000. The stock split will increase the number of shares of SST common stock outstanding from approximately 29.7 million shares to approximately 89.1 million shares. About Silicon Storage Technology, Inc. Headquartered in Sunnyvale, California, SST designs, manufactures and markets a diversified range of nonvolatile memory solutions, based on proprietary, patented SuperFlash technology, for high volume applications in the digital consumer, networking, wireless communications and Internet computing markets. SST's product families include high-functionality flash memory components, CompactFlash card mass storage products and 8-bit microcontrollers with on-chip flash memory. SST also offers its SuperFlash technology for embedded applications through its world-class manufacturing partners and technology licensees IBM, National Semiconductor, Motorola, Samsung Electronics Co. Ltd., SANYO Electric Co., Ltd., Seiko Epson Corp., TSMC-Acer Semiconductor Manufacturing Co. (TASMC) and Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC). Further information on SST can be found on the company's Web site at ssti.com. Note to Editors: The SST logo and SuperFlash are registered trademarks of Silicon Storage Technology, Inc. CONTACT: Silicon Storage Technology, Inc. Jeffrey L. Garon, 408/735-9110 (VP & CFO) jgaron@ssti.com or Stapleton Communications Inc. Leslie Green, 650/470-0200 URL: businesswire.com