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Zoran's logo. Click here to visit the Zoran website! Zoran announces Asian expansion!
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(Thursday, February 22, 2001 - 14:52 EST)

Californian chip manufacturer announces three new Asian offices...

Santa Clara, CA-based Zoran Corp. has announced an expansion of its presence in Asia with the opening of three new offices there this month. The new offices, located in Hong Kong, Taiwan and Korea are aimed at better supporting Zoran's customers in Asia, as well as absorbing the expansion in Zoran's DVD, digital camera and other product lines.

The Hong Kong office will serve as Asia Pacific headquarters, and opens this month (no specific date given). The Taiwan and Korea offices will formally open on February 23rd and 28th respectively.

Source: Yahoo! Finance / BusinessWire

Original Source Press Release:

Zoran Corporation Announces New Offices and Support Centers in Hong Kong, Taiwan and Korea

SANTA CLARA, Calif.--(BUSINESS WIRE)--Feb. 22, 2001--Zoran Corporation (Nasdaq:ZRAN - news), a leading provider of digital solutions-on-a-chip for applications in the growing multimedia and consumer electronics markets, today announced it has recently opened new offices and support centers in Hong Kong, Taiwan and Korea under the management of Dr. Jinxiang (Gene) Liu, vice president and general manager of Zoran's Asia Pacific (APAC) operations. The Hong Kong office, opening this month, will serve as APAC headquarters for Zoran. Formal openings in Taiwan are set for Feb. 23 and in Korea for Feb. 28.

``We have opened new offices and support centers in Hong Kong, Taiwan and Korea to better serve our broad customer base in the rapidly growing markets in these countries and to accommodate the new levels of activity planned for our DVD, digital camera and related consumer products,'' said Dr. Levy Gerzberg, president and CEO of Zoran Corporation. ``Much of Zoran's reputation is built on the outstanding support we give our customers through to production. Having a support center in close proximity allows us to better assist them in bringing new products to market.''

About Zoran Corporation

Zoran Corporation, based in Santa Clara, Calif., is a leading provider of digital solutions-on-a-chip for applications in the growing multimedia and consumer electronics markets. With almost two decades of expertise developing and delivering digital compression technologies, Zoran has pioneered high-performance processing into various audio, video and imaging technologies. Zoran's proficiency in integration delivers major benefits for OEM customers, including greater capabilities within each product generation, reduced system costs, and shorter time to market. Zoran is a leading supplier in the rapidly expanding DVD and digital camera markets and in related digital audio and video applications. With headquarters in the United States and operations in Canada, China, Israel, Japan, Korea, and Taiwan, Zoran may be contacted on the World Wide Web at www.zoran.com or at 408/919-4111.

Note to Editors: Zoran is a trademark of Zoran Corporation. All other trademarks are the property of their respective owners.

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