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BRIEF-Trident Microsystems and Cayman subsidiary file for chapter 11 protection


Jan 4 (Reuters) - Trident Microsystems Inc <TRID.O>:
* Trident Microsystems, Inc. and cayman subsidiary file for chapter 11
protection
* Announced that it has entered into a license agreement with rda technologies
* Trident microsystems, inc.-Trident will shortly file for protection in the
Cayman Islands as well.
* Says seeking approval from the court for a variety of first day and other
initial motions
* Expects that chapter 11 protection will enable the company to conduct its
business operations in the ordinary course
* None of trident's other operating subsidiaries are subject to the chapter 11
proceedings
* Says intends to continue to operate all of its business lines in the ordinary
course
* Received upfront fee of $7.5 million and expects to receive an additional
$8.5 million in the near term, under license deal
* Says seeking approval from the court for a variety of first day and other
initial motions

((Bangalore Equities Newsroom; [phone]; within U.S. [phone]))

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