Published:
NetLogic Microsystems Reports Inducement Grants Under NASDAQ Marketplace Rule 5635
MOUNTAIN VIEW, Calif. - (BUSINESS WIRE) - NetLogic Microsystems, Inc. (NASDAQ:NETL), a worldwide leader in
high-performance intelligent semiconductor solutions for next-generation
Internet networks, today announced that on November 5, 2009 the
compensation committee of the company's board of directors approved the
grants to a total of 18 new employees of the company of restricted stock
units representing the right to acquire up to 58,886 shares of common
stock. The restricted stock units were granted as inducements material
to employment under the company's 2008 New Employee Inducement Incentive
Plan in accordance with NASDAQ Marketplace Rule 5635(c)(4).
About NetLogic Microsystems
NetLogic Microsystems, Inc. (NASDAQ:NETL) is a worldwide leader in
high-performance intelligent semiconductor solutions that are powering
next-generation Internet networks. NetLogic Microsystems' best-in-class
products perform highly differentiated tasks of accelerating complex
network traffic to significantly enhance the performance and
functionality of advanced 3G/4G mobile wireless infrastructure, data
center, enterprise, metro Ethernet, edge and core infrastructure
networks. NetLogic Microsystems' market-leading product portfolio
includes high-performance multi-core processors, knowledge-based
processors, content processors, network search engines, ultra low-power
embedded processors and high-speed 10/40/100 Gigabit Ethernet PHY
solutions. These products are designed into high-performance systems
such as switches, routers, wireless base stations, security appliances,
networked storage appliances, service gateways and connected media
devices offered by leading original equipment manufacturers (OEMs).
NetLogic Microsystems is headquartered in Mountain View, California, and
has offices and design centers throughout North America, Asia and
Europe. For more information about products offered by NetLogic
Microsystems, call +1-650-961-6676 or visit the NetLogic Microsystems
Web site at http://www.netlogicmicro.com.
NetLogic Microsystems and the NetLogic Microsystems logo are trademarks
of NetLogic Microsystems, Inc.
Investor Relations Contact:
Green Communications Consulting,
LLC
Leslie Green, 650-312-9060
leslie@greencommunicationsllc.com
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