Trend Micro Announcement
July 05 2006 - 6:35AM
PR Newswire (US)
TOKYO, July 5 /Xinhua-PRNewswire-FirstCall/ -- Trend Micro Inc.
(TSE:4704)(NASDAQ:TMIC), announced that its Chief Executive Officer
Eva Chen has advised the Board of Directors that the staff of the
U.S. Securities and Exchange Commission ("SEC") may recommend that
the SEC commence a civil enforcement action against Ms. Chen for
alleged violations of Section 10(b) of the Securities Exchange Act
of 1934 and Rule 10b-5 thereunder involving her spouse, Daniel
Chiang, and trading in the securities of SINA Corporation. Mr.
Chiang is former co-chairman of SINA Corporation. The SEC staff has
also inquired into whether Ms. Chen under-reported her holdings in
Trend Micro shares. The Company is not aware of any allegations
against Ms. Chen that would be attributable to the Company. The
Board of Directors and the Board of Corporate Auditors (for a
description of the Board of Corporate Auditors, please refer to our
annual report on Form 20-F for the year ended December 31, 2005,
which has been filed with the SEC) are monitoring the effects of
this development on the Company. About Trend Micro Trend Micro
Incorporated is a leader in network antivirus and Internet content
security software and services. The Tokyo-based corporation has
business units worldwide. Trend Micro products are sold through
corporate and value-added resellers and managed service providers.
For additional information, visit http://www.trendmicro.com/ . For
Additional Information Mr. Mahendra Negi Chief Operating Officer /
Chief Financial Officer / IR Officer Phone: +81-3-5334-4899 Fax:
+81-3-5334-4874 Email: DATASOURCE: Trend Micro Inc. CONTACT: Mr.
Mahendra Negi of TMIC, +81-3-5334-4899, or fax, +81-3-5334-4874, or
Web site: http://www.trendmicro.com/
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