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Exhibit 99.1
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ZiLOG Inc. Announces Filing of Registration Statement for Proposed Initial
Public Offering of Common Stock
Campbell, CA (August 3, 2000) - ZiLOG Inc. (formerly ZLG on the NYSE) today
announced that a registration statement has been filed with the Securities and
Exchange Commission (SEC) for the initial public offering of up to $150 million
of its common stock.
ZiLOG designs, manufactures and markets integrated circuits for use in the
communications and embedded control markets.
All shares offered are being sold by the Company. Lehman Brothers Inc.,
Prudential Volpe Technology Group, a unit of Prudential Securities, SG Cowen
Securities Corporation and Fidelity Capital Markets, a division of National
Financial Services Corporation, are managing underwriters for this offering.
The offering will be made only by means of a prospectus. Once available,
preliminary prospectuses may be obtained from the managing underwriters at the
following addresses:
Lehman Brothers Inc.
ADP Department
55 Mercedes Way
Edgewood, NY 11717
Prudential Securities
111 8th Avenue, 5th Floor
New York, NY 10011
SG Cowen Securities Corporation
ATT: Mary Ann Moccia
One Financial Square
27th Floor
New York, NY 10005
Fidelity Capital Markets
164 Northern Avenue, Z2H
Boston, MA 02210
A registration statement relating to these securities has been filed with
the SEC, but has not yet become effective. These securities may not be sold nor
may offers to buy be accepted prior to the time that the registration statement
becomes effective. This announcement 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 in which such offer, solicitation or sale would be
unlawful prior to the registration statement or qualification under the
securities laws of any state.
For More Information:
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Bob Couch
SVP & Corporate Communications Officer
ZiLOG Inc.
408-558-8917
[email protected]
