BEIJING, Nov. 27 /Xinhua-PRNewswire/ -- Vimicro International Corporation
(Nasdaq: VIMC), 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.”