BEIJING, Dec. 20 /Xinhua-PRNewswire-FirstCall/ -- Vimicro International
Corporation (Nasdaq: VIMC), a leading fabless semiconductor company that
designs and develops multimedia semiconductor products and solutions, today
announced that during its 2006 annual general meeting held at Vimicro's
executive office in Beijing on December 14, 2006, the Company obtained
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 by 8 million ordinary shares (equivalent
to 2 million ADSs) from 13,065,505 ordinary shares to 21,065,505 ordinary
shares.
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."
