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Contacts: National Semiconductor Alan Bernheimer - Press (408) 721-8665 Email ID: alan.bernheimer@nsc.com Jim Foltz - Investor Relations (408) 721-5693 Email ID: invest.group@nsc.com |
Cyrix Paula Larson - Press (408) 286-2611 Email ID: plarson@hoffman.com Mark Lipscomb - Investor Relations (972) 968-8285 Email ID: :mark.lipscomb@cyrix.com |
LAWSUIT FILED IN NATIONAL SEMICONDUCTOR-CYRIX MERGERCOMPANIES BELIEVE SUIT IS WITHOUT MERITNovember 13, 1997 -- Cyrix Corporation (NASDAQ:CYRX) and National Semiconductor Corporation® (NYSE:NSM) announced today that on November 12, 1997 a class action complaint was filed by a purported Cyrix stockholder in the Superior Court of the State of California for the County of Santa Clara. The complaint names both Cyrix and National as defendants as well as the board of directors and chief executive officer of Cyrix and alleges that the Cyrix board breached its fiduciary duties in connection with its approval of Cyrix's proposed merger with a subsidiary of National The complaint further alleges that National aided and abetted the alleged breach of fiduciary duty. The complaint seeks monetary and other relief. |
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