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Lattice Semiconductor Files Registration Statement For Public Offering Of Common StockHILLSBORO, Ore. - July 11, 2000 - Lattice Semiconductor Corporation (NASDAQ: LSCC) today announced that it has filed a registration statement with the Securities and Exchange Commission relating to a proposed offering of 4,000,000 shares of Common Stock. All of the shares to be offered will be sold by the Company. In addition, the Company has granted the underwriters an option to purchase up to 600,000 additional shares to cover underwriters' over-allotments. The net proceeds to the Company will be used for general corporate purposes, including expansion of working capital, potential future investments to maintain and expand the Company's wafer supply capacity and possible acquisitions The proposed offering will be co-managed by Goldman, Sachs & Co., Morgan Stanley Dean Witter and Prudential Volpe Technology Group, a unit of Prudential Securities. A copy of the preliminary prospectus can be obtained from Goldman, Sachs & Co., 85 Broad Street, New York, NY 10002, (212) 902-1000; Morgan Stanley Dean Witter, Attention: Prospectus Department, 1585 Broadway, New York, NY 10036; Prudential Securities, 111 8th Avenue, 5th Floor, New York, NY 10011, (212) 776-8190. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sales would be unlawful prior to the registration or qualification under the securities laws of any such State. For more information contact:
Rodney Sloss |