Filed by Nogatech, Inc.
pursuant to Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule 14a-12 of the
Securities Exchange Act of 1934
Commission File No: 000-30625
Subject Company: Nogatech, Inc.
On October 24, 2000, Nogatech, Inc. issued the following press release:
PRESS RELEASE
NOGATECH INC. ANNOUNCES STOCKHOLDER APPROVAL OF MERGER WITH ZORAN
CORPORATION
Santa Clara, CA and Kfar Saba, Israel, October 24, 2000 - Nogatech, Inc.
(Nasdaq: NGTC) announced that at a special meeting of its stockholders held
on October 23, 2000, the stockholders of Nogatech voted to approve the
merger of Nogatech with a wholly-owned subsidiary of Zoran Corporation
(Nasdaq: ZRAN).
Pursuant to the merger agreement between Nogatech and Zoran, upon the
consummation of the merger, each Nogatech stockholder will be entitled to
receive .166 shares of Zoran common stock for each share of Nogatech common
stock.
About Nogatech, Inc.
Nogatech provides computer chips that compress digital video images and
establish connections, or video connectivity, between video devices and
computers, as well as between video devices across a variety of networks.
Nogatech's products enable real- time transmission of video, audio and data
signals into personal computers and handheld personal computing devices
known as personal digital assistants. Nogatech also supports it customers
by providing complete reference design kits and software drivers. This
includes multiple platform support for PC, Windows CE, and Macintosh
computer systems and applications. Headquartered in Santa Clara,
California, Nogatech also maintains a research and development facility
outside of Tel Aviv, Israel. Additional information is available on the Web
at www.nogatech.com.
Contact:
Alan Weinkrantz & Co.
Kristy Needham, 210/820-3070 Ext. 102
[email protected]
or
Nogatech, Inc.
Liat Hod, 408/562-6200
[email protected]
