SUNNYVALE, Calif.; April 30, 2007 - Zoran Corporation (Nasdaq GS: ZRAN), a leading provider of digital solutions for applications in the growing digital entertainment and digital imaging markets, today announced that a Nasdaq Listing Qualifications Panel has notified the Company that is has regained compliance with the continued listing requirements of Nasdaq Marketplace Rule 4310(c)(14) related to the filing of periodic reports with the U.S Securities and Exchanged Commission and has demonstrated compliance with all other Nasdaq Marketplace Rules. Accordingly, the panel has determined that Zoran’s common stock will continue to be listed on the Nasdaq Global Select Market.
Company Profile
Zoran Corporation, based in Sunnyvale, California, is a leading provider of digital solutions for applications in the growing digital entertainment and digital imaging markets. With two decades of expertise developing and delivering digital signal processing technologies, Zoran has pioneered high-performance digital audio and video, imaging applications, and Connect Share Entertain technologies for the digital home. Zoran’s proficiency in integration delivers major benefits for OEM customers, including greater capabilities within each product generation, reduced system costs, and shorter time to market. Zoran-based DVD, digital camera, DTV, multimedia mobile phone, and multifunction printer products have received recognition for excellence and are now in hundreds of millions of homes and offices worldwide. With headquarters in the U.S. and operations in Canada, China, England, Germany, India, Israel, Japan, Korea, and Taiwan, Zoran may be contacted on the World Wide Web at www.zoran.com or at 408-523-6500.
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Contact
Zoran Corporation:
Karl Schneider
Chief Financial Officer
(408) 523-6500
ir@zoran.com
Bonnie McBride (Investors)
(323) 466-0960
bonnie@avalonir.com