Trident Stockholders Approve Increase in Authorized Shares of Common Stock
Sunnyvale, California.
March 17, 2004:
Trident Microsystems, Inc. (Nasdaq: TRID – News ) today announced that stockholders voted at a special meeting of stockholders in favor of an amendment to Trident's Restated Certificate of Incorporation to increase the number of authorized shares of common stock from 30,000,000 to 60,000,000. Trident intends to file with the Delaware Secretary of State a Certificate of Amendment to its Certificate of Incorporation reflecting the amendment as soon as practicable.
Frank Lin, Trident's President and Chief Executive Officer, commented, “We thank our stockholders for the outcome of this vote and are pleased with their interest and support.”
About Trident Microsystems, Inc.
Trident Microsystems, Inc., with headquarters in Sunnyvale, California, designs, develops, and markets integrated circuits (ICs) for CRT TV, LCD TV, PDP TV, HDTV, and digital set-top box. Trident's products are sold through a network of OEMs, original design manufacturers, and system integrators worldwide. For further information about Trident and its products, please consult the company's web site: http://www.tridentmicro.com