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EXHIBIT 3
Press release regarding
the listing of Trend Micro shares on the Tokyo Stock Exchange
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Trend Micro to be Listed on
the First Section of the Tokyo Stock Exchange
Tokyo, Japan August 10, 2000 -Trend Micro Inc (Japan OTC: 4704; Nasdaq: TMIC), a
leading provider of enterprise antivirus and Internet security software, today
announced that the Tokyo Stock Exchange (TSE) has approved its application to be
listed in the stock market's prestigious first section. The shares will be
listed on the TSE commencing August 17, 2000, and will simultaneously be
delisted from the OTC market. The security trading code will remain the same,
4704, and the company will be classified as a "Service Business."
The Tokyo Stock Exchange is Japan's major international equity exchange. It
lists about 2,000 companies on its two main boards, compared to about 900 on the
OTC market. The trading volume of shares in the TSE's first section totaled
approximately 355 trillion yen in 1999, compared to 15 trillion yen for the
second section and 22 trillion yen for the OTC market.
The listing regulations of the Tokyo Stock Exchange, which are much stricter
than those of the OTC market, required Trend Micro to meet minimum market
capitalization and share listing requirements, in addition to meeting
requirements as to the number of shareholders and percentage of shares held by
major investors. The company hopes the listing will attract public notice and
raise Trend Micro's profile with new investors - particularly institutional
investors who may not invest in the OTC market.
Trend Micro held its initial public offering and shares began trading on Japan's
over-the-counter market on August 17, 1998. Additional shares were offered in
the form of American Depositary Shares and quoted on the Nasdaq National Market
in July 1999.
About Trend Micro
Trend Micro Inc. provides centrally controlled server-based Internet antivirus
and content security products to the enterprise and service providers worldwide.
By protecting information that flows through Internet gateways, email servers,
and file servers, Trend Micro allows companies and service providers worldwide
to stop viruses and other malicious code from a central point before they ever
reach the desktop. Trend Micro also delivers a range of web-based services for
consumer and corporate users, including email and web content filtering and the
remote management of network antivirus protection. Trend Micro's corporate
headquarters are located in Tokyo, Japan, with business units in North and South
America, Europe, Asia, and Australia.
For further information please visit our website at http://www.antivirus.com.
Trend Micro's Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Act of 1934, as amended. Forward-looking statements in this release
include, but are not limited to, statements regarding the increase in Trend
Micro's profile among new investors as a result of its listing on the TSE. The
forward-looking statements involve risks and uncertainties including, but not
limited to, Trend Micro's ability to attract new investors as a result of its
listing on the TSE, and other risks indicated in the "Risk Factors" section of
Trend Micro's annual report on Form 20-F dated May 24, 2000. The annual report
is on file with the SEC. Actual results could differ materially. Trend Micro
assumes no obligation to update this information.
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For Additional Information
Contact: Hiroyuki Nakanishi
Director and Investor Relations Officer
Phone:81-3-5334-3600
Fax:81-3-5334-3653
Mail to: [email protected]
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