O2Micro Announces Depositary Receipt Program.SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif. & GEORGE TOWN, Grand Cayman -- O2Micro(R) International Limited (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :OIIM), a leading supplier of innovative power management, and security components and systems for the Computer, Consumer, Industrial, and Communications markets, today announced the implementation of its American depositary receipt American Depositary Receipt (ADR) Certificates issued by a US depository bank, representing foreign shares held by the bank, usually by a branch or correspondent in the country of issue. program effective November 28, 2005. Under the ADR ADR - Astra Digital Radio program, each O2Micro International American depositary receipt (ADR) represents fifty (50) ordinary shares after the fifty for one (50 for 1) share split, as described in the press release dated November 14, 2005. The symbol for the O2Micro ADRs will be "OIIMD" for the first 20 trading days, and then revert to "OIIM", according to NASDAQ Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. rules. The Bank of New York's Depositary Receipt depositary receipt A negotiable certificate that represents a company's publicly traded debt or equity. Depositary receipts are created when a company's shares or bonds are delivered to a depositary's custodian bank, which instructs the depositary to issue Division has been selected as the sponsor for the American depositary receipt program and the depositary for the program. The timing of the future proposed global offering and listing on the HKSE HKSE Hong Kong Stock Exchange , described in the press release dated November 14, 2005, has not been finalized. There can be no assurance that such an offering and listing will take place, and it is subject to the approval of the HKSE and the board's determination based on market conditions and other factors. A registration statement relating to the securities proposed to be offered by the company in the U.S. has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The proposed global offering will be made only by means of prospectus, a copy of which may be obtained, when available, from: Gil Goodrich, O2Micro International Limited, Director of Investor Relations Investor relations The process by which the corporation communicates with its investors. , Phone: 408-987-5920, Ext. 8013. About O2Micro Founded in April 1995, O2Micro develops and markets innovative power management, and security components and systems for the Computer, Consumer, Industrial, and Communications markets. Products include Intelligent Lighting, Battery Management, Power Management, SmartCardBus(R) and Security products, such as VPN/Firewall system solutions. O2Micro International maintains an extensive portfolio of intellectual property with 3,156 patent claims granted, and over 5,000 more pending. The company maintains offices worldwide. Additional company and product information can be found on the company website at www.o2micro.com. O2Micro, the O2Micro logo, SmartCardBus and combinations thereof are registered trademarks of O2Micro. |
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