Bull & Lifshitz, LLP Announces Investigation of the Acquisition of Microtune, Inc.

Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed acquisition of Microtune, Inc. (NASDAQ: TUNE) (referred to as "Microtune" or the “Company”) by Zoran Corporation (referred to as "Zoran") in a cash transaction with a value of approximately $166 million, or $84 million net of cash acquired.

Under the terms of the agreement, Zoran will pay $2.92 for each share of Microtune’s common stock. The boards of both companies approved the transaction. The deal requires the approvals of Microtune shareholders and regulators.

Bull & Lifshitz, LLP's investigation is focused on whether the proposed deal provides adequate value to the Company’s shareholders.

If you are a holder of Microtune stock and want to discuss your legal rights, you may e-mail or call Bull & Lifshitz, LLP who will, without obligation or cost to you, attempt to answer your questions.

If you are a shareholder of Microtune and would like more information about our investigation, please contact Peter D. Bull, Esq. by telephone at [phone] or by sending an e-mail including your contact information to: [e-mail]. All e-mail correspondence should make reference to Microtune.

Bull & Lifshitz, LLP is a New York City-based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For more information about the firm, please visit our website at www.nyclasslaw.com.

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