Bryant Riley and Mel Keating to Join Integrated Silicon Solution Board
August 30 2006 - 8:00AM
PR Newswire (US)
LOS ANGELES, Aug. 30 /PRNewswire/ -- Riley Investment Management
LLC announced that an agreement was reached with Integrated Silicon
Solution, Inc. (NASDAQ:ISSI) for Bryant R. Riley and Melvin L.
Keating to join ISSI's board of directors. In addition, it is
expected that three of the existing non-management directors will
not seek re-election and a third Riley Investment Management
nominee will be recommended to the ISSI Nominating Committee for
election at ISSI's next annual meeting, anticipated for February,
2007. Bryant Riley stated: "Mel and I look forward to working with
ISSI to resolve current issues, improve operations and results, and
return value to stockholders. We see this as a team effort to give
the management team clear direction and focus on stockholder
values." In connection with this agreement, Riley Investment
Management indicated it was withdrawing its previous call for a
special stockholder meeting. DATASOURCE: Riley Investment
Management LLC CONTACT: Bryant Riley, Managing Member of Riley
Investment Management LLC, +1-310-966-1445,
Copyright
(MM) (NASDAQ:ISSI)
Historical Stock Chart
From Jun 2024 to Jul 2024
(MM) (NASDAQ:ISSI)
Historical Stock Chart
From Jul 2023 to Jul 2024