ISSI Files Amendment to Proxy Materials and Presentation Slides
Special Meeting of Stockholders to be Held on June 19, 2015 to Consider Approval of Acquisition by Uphill Investment Co.
MILPITAS, Calif., June 12, 2015 /PRNewswire/ -- Integrated Silicon Solution, Inc. (ISSI) today announced that it has filed with the Securities and Exchange Commission (the "SEC") an amendment to its definitive proxy statement for its Special Meeting of Stockholders (the "Special Meeting") to be held on June 19, 2015 to consider approval of the acquisition of ISSI by Uphill Investment Co. (Uphill) and related matters. ISSI also filed presentation slides that it plans to review with Institutional Shareholder Services (ISS).
These materials provide additional information on the background of the acquisition discussions with Uphill and Cypress Semiconductor, the terms of the amended merger agreement with Uphill to increase the purchase price to $21.00 per share from $20.00 per share, and the regulatory approval processes with the Committee on Foreign Investment in the United States (CFIUS) and in Taiwan.
The ISSI Board of Directors continues to recommend that ISSI stockholders vote FOR the adoption of the merger agreement with Uphill. The Special Meeting will be held on June 19, 2015 at 2:00 p.m. local time, at the offices of Wilson Sonsini Goodrich & Rosati, P.C., 650 Page Mill Road, Palo Alto, California 94304. ISSI stockholders of record as of the close of business on April 20, 2015 are entitled to notice of, and to vote at, the special meeting.
Stockholders may obtain, free of charge, copies of the definitive proxy statement, the amendments to the definitive proxy statement and any other documents filed by ISSI with the SEC in connection with the Special Meeting (including the presentation materials referenced above) at the SEC's website (http://www.sec.gov), at ISSI's website (http://www.issi.com) or by writing to Investor Relations, Integrated Silicon Solution, Inc., 1623 Buckeye Drive, Milpitas, CA 95035.
About ISSI
ISSI is a fabless semiconductor company that designs and markets high performance integrated circuits for the following key markets: (i) automotive, (ii) communications, (iii) industrial, and (iv) digital consumer. ISSI's primary products are high speed and low power SRAM and low, and medium and high density DRAM. ISSI also designs and markets NOR flash products and high performance analog and mixed signal integrated circuits. ISSI is headquartered in Silicon Valley with worldwide offices in Taiwan, Japan, Singapore, China, Europe, Hong Kong, India, and Korea. Visit ISSI's web site at www.issi.com.
SOURCE Integrated Silicon Solution, Inc.
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