To: Martin Milani who wrote (18400 ) 6/2/1999 9:05:00 AM From: Moonray Respond to of 25814
SEEQ Shareholders to Consider Acquisition of SEEQ Technology by LSI Logic PRNewswire - 06:57 p.m Jun 01, 1999 Eastern MILPITAS, Calif., June 1 /PRNewswire/ -- LSI Logic Corporation (NYSE: LSI) and SEEQ Technology, Incorporated (Nasdaq: SEEQ) today announced that a special meeting of SEEQ stockholders will be held to approve the acquisition of SEEQ by LSI Logic. The June 22 meeting will be held in Fremont, California, beginning at 8 a.m. (PDT). Meeting notice and proxy materials are being mailed to SEEQ stockholders. The record date for determination of SEEQ stockholders entitled to vote on this transaction is April 30, 1999. Following approval by SEEQ stockholders, the acquisition is expected to close on or about June 22. LSI Logic Corporation (NYSE: LSI), The System on a Chip Company(R), is a leading supplier of custom high-performance semiconductors with operations worldwide. The company enables customers to build complete systems on a single chip with its CoreWare(R) design program, thereby increasing performance, lowering system costs and accelerating time to market. LSI Logic develops application-optimized products in partnership with trendsetting customers and operates leading edge, high-volume manufacturing facilities to promote submicron chips. The company maintains a high level of quality, as demonstrated by its ISO 9000 certifications. LSI Logic is headquartered at 1551 McCarthy Blvd., Milpitas, California 95035, 408-433-8000, www.lsilogic.com. SEEQ Technology, Inc. is a leading manufacturer of data communications semiconductor products. Headquartered in Fremont, California, the company is a LAN pioneer, having introduced the first integrated Ethernet controller in 1982. SEEQ's product families include Gigabit Ethernet, Fast Ethernet (100Base-T), Ethernet (10Base-2-5, and -T) and ATM components. SEEQ leads the Ethernet Media Access Controller (MAC) market, and offers the broadest line of Fast Ethernet MACs and PHYs in the industry. The company's Ethernet solutions are used in industry-leading applications including network interface cards, hubs/bridges/routers, switches and test equipment. SEEQ is a contributing member of the IEEE Fast Ethernet and Gigabit Ethernet committees, and the Gigabit Ethernet Alliance (GEA). For further information about SEEQ and its products, please visit the company's website at www.seeq.com, or phone 510-226-7400. The LSI Logic logo design, The System on a Chip Company and CoreWare are registered trademarks. All other brand and product names may be trademarks of their respective companies. SOURCE LSI Logic Corporation Copyright 1999, PR Newswire o~~~ O