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Vimicro Announces 2008 Annual General Meeting Result

2008-12-17 20:08 1106


BEIJING, Dec. 17 /PRNewswire-Asia-FirstCall/ -- Vimicro International Corporation (Nasdaq: VIMC) ("Vimicro" or the "Company"), a leading fabless semiconductor company that designs and develops multimedia semiconductor products and solutions, today announced that, during its 2008 annual general meeting held on December 11, 2008, the Company's shareholders approved an amendment to its 2005 Share Incentive Plan (the "Plan") to increase the maximum aggregate number of shares which may be issued pursuant to all awards granted under the Plan by 10 million ordinary shares (equivalent to 2.5 million American depositary shares).

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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 American depositary shares, each representing four ordinary shares, are currently traded on the NASDAQ global market under the ticker symbol "VIMC."

For further information about Vimicro, please contact:

Investor Contact:

Emilie Deng

Investor Relations Manager

Tel: +86-10-6894-8888 x7143

Email: denglifan@vimicro.com

Web: http://www.vimicro.com

Shelton Group

Ryan Bright

Tel: +1-972-239-5119 x159

Email: rbright@sheltongroup.com

Source: Vimicro International Corporation
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