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Atmel Corporation Announces Two-for-One Stock Split.


SAN JOSE San Jose, city, United States
San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850.
, Calif.--(BUSINESS WIRE)--Nov. 16, 1999--

Atmel Corporation (Nasdaq:ATML ATML Automatic Test Markup Language
ATML Automated Test Markup Language
) today announced that its Board of Directors has approved a two-for-one split of its common stock.

The stock split will be effected as a stock dividend. Stockholders of record as of the close of business on December 3, 1999 will be issued a certificate representing one additional share for each share of common stock held on the record date. These certificates will be distributed on December 17, 1999. The stock split will increase the number of shares of common stock outstanding from approximately 100,874,017 shares to approximately 201,748,034 shares.

George Perlegos, Atmel's Chief Executive Officer, commented, "The Board of Directors authorized this stock split principally to make Atmel stock more available to investors and continue broadening our shareholder base."

Atmel Corporation

Founded in 1984, Atmel Corporation is headquartered in San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County.  with manufacturing facilities in Colorado Springs, Colorado The City of Colorado Springs is the second most populous city (after Denver) in the state of Colorado and the 48th most populous city in the United States.[4] The city is the county seat of El Paso County. , Nantes and Rousset, France and Heilbronn, Germany. Atmel designs, manufactures and markets on a worldwide basis advanced logic, mixed-signal, non-volatile memory Refers to memory chips that hold their content without power being applied. It may refer to chips that are not changeable, such as ROMs and PROMs, or to chips that can be rewritten many times such as flash memory. , and RF semiconductors. Atmel is also a leading provider of system level integration semiconductor solutions using advanced CMOS (Complementary Metal Oxide Semiconductor) Pronounced "c-moss." The most widely used integrated circuit design. It is found in almost every electronic product from handheld devices to mainframes. , BiCMOS, BiPolar and SiGe process technologies.

Atmel product and financial information may be obtained from its Fax-on-Demand service. In North America call 800/292-8635 or Internationally, call 408/441-0732. Requests may be made via e-mail to literature@atmel.com or by visiting Atmel's web site at www.atmel.com.

Note to Editors: Atmel, the Atmel logo and any combinations thereof are trademarks of Atmel Corporation.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Nov 17, 1999
Words:259
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