Vimicro to Hold an Annual General Meeting on December 14, 2006
Monday November 27, 7:10 am ET
BEIJING, Nov. 27 /Xinhua-PRNewswire/ -- Vimicro International Corporation (Nasdaq: VIMC - News), a leading fabless semiconductor company that designs and develops multimedia semiconductor products and solutions, today announced that it will hold an annual general meeting at Vimicro's executive office in Beijing on December 14, 2006. Vimicro seeks to obtain shareholder approval of an amendment to its 2005 Share Incentive Plan to increase the maximum aggregate number of shares, which may be issued pursuant to all awards granted under the Plan to 21,065,505 shares. Vimicro's board of directors has fixed the close of business on November 13, 2006 as the record date for determining the shareholders entitled to receive notice of and to vote at the annual general meeting or any adjournment or postponement thereof.
About Vimicro International Corporation
Vimicro International Corporation is a worldwide leading fabless semiconductor company that designs, develops and markets proprietary embedded multimedia signal processing chips and solutions that enable multimedia applications for mobile phones over 2.5G/3G networks and PCs over broadband Internet. Vimicro's ADSs, each of which represents four ordinary shares, are currently trading on the NASDAQ global market under the ticker symbol ''VIMC.''
Source: Vimicro International Corporation
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