Sigmatel (NASDAQ:SGTL)
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SigmaTel, Inc. (NASDAQ: SGTL) provides the following information to
supplement and amend its Proxy Statement, dated February 29, 2008,
furnished to stockholders in connection with the solicitation of proxies
on behalf of the board of directors of SigmaTel for use at the Special
Meeting of Stockholders to be held on Monday, April 21, 2008, at 9:00
a.m. Central time at the offices of Vinson & Elkins L.L.P., The Terrace
7, 2801 Via Fortuna, Suite 100, Austin, Texas. The purposes of the
Special Meeting are as stated in the Notice of Special Meeting of
Stockholders, dated February 29, 2008, which accompanied the Proxy
Statement. This supplement should be read in conjunction with the Proxy
Statement.
SigmaTel has retained Georgeson Inc. (“Georgeson”)
to assist in the solicitation of proxies for a base fee of $10,000, plus
expenses incurred in Georgeson’s performance,
and has agreed to indemnify Georgeson for liabilities and expenses,
including attorney’s fees, arising out of its
performance and not resulting from Georgeson’s
gross negligence or intentional misconduct, as determined by a court of
law pursuant to a final and nonappealable judgment.
Additional Information about the Proposed Transaction and Where to
Find It
SigmaTel has filed a definitive proxy statement and other documents
regarding the proposed transaction described in this press release with
the Securities and Exchange Commission. INVESTORS AND SECURITY HOLDERS
ARE URGED TO READ THE PROXY STATEMENT AND SUCH OTHER MATERIALS BECAUSE
THEY CONTAIN IMPORTANT INFORMATION ABOUT SIGMATEL AND THE PROPOSED
TRANSACTION. A definitive proxy statement was sent to security holders
of SigmaTel seeking their approval of the transaction. Investors and
security holders may obtain a free copy of the definitive proxy
statement and other documents filed by SigmaTel with the Securities and
Exchange Commission at the SEC’s web site at www.sec.gov.
The definitive proxy statement and other relevant documents may also be
obtained free of cost by directing a request to Martha Aviles at
512-744-9968.
SigmaTel’s directors and executive officers
may be deemed, under Securities and Exchange Commission rules, to be
participants in the solicitation of proxies from the SigmaTel’s
stockholders in connection with the proposed transaction. Information
about SigmaTel’s directors and officers can be
found in SigmaTel’s Proxy Statements and
Annual Reports on Form 10-K filed with the SEC. Additional information
regarding the interests of those persons may be obtained by reading the
proxy statement and other documents regarding the proposed transaction.