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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Dealer who wrote (6927)10/10/2000 4:03:09 PM
From: Dealer  Respond to of 65232
 
SSTI--SST Withdraws Registration Statements
SUNNYVALE, Calif.--(BUSINESS WIRE)--Oct. 10, 2000--SST (Silicon Storage Technology, Inc.) (Nasdaq:SSTI - news) today announced that it has withdrawn its registration statements currently on file with the Securities and Exchange Commission.

The company has withdrawn its registration statements relating to a secondary stock offering and a convertible debenture offering. This decision was made due to current market conditions.

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, flash 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. and Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC). TSMC offers SuperFlash under its trademark Emb-FLASH. Further information on SST can be found on the company's Web site at ssti.com