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Ramius Condemns Zoran’s Recent Campaign of Misleading Information

NEW YORK Feb. 11, 2011

December 31, 2009

  • Over the past five years alone, Zoran’s shares have lost more than half their value while its Peer Group (the one disclosed in Zoran’s last two proxy statements) and indices have each registered material gains.

  • December 14, 1995

  • $250 million to $500 million

February 4, 2010 March 8, 2011 January 7, 2011 WHITE   consent card in support of Ramius’ proposals

Jeffrey C. Smith

Mr. Smith continued, "Now, the Board has also resorted to misleading and confusing shareholders as to the validity of our Consent Solicitation.  The Company, itself, admits that there is no case law in support of its weak legal position regarding the recommencement of our solicitation.  We assure shareholders our Consent Solicitation is alive and well, and we are unwavering in our commitment to seek shareholder support to unseat and replace six members of the Zoran Board."

January 7, 2011 WHITE consent card in support of Ramius’ proposals

here http://tinyurl.com/sec-presentation www.shareholdersforzoran.com

If you have any questions, require assistance with submitting your WHITE consent card, or need additional copies of the proxy materials, please contact:

Innisfree M&A Incorporated

501 Madison Avenue, 20th Floor

New York, NY 10022

Shareholders Call Toll-Free at: (877) 717-3898

Banks and Brokers Call Collect at: (212) 750-5833

ABOUT RAMIUS LLC

New York London Luxembourg Tokyo Munich

CONTACT:
Peter Feld, 212-201-4878
Gavin Molinelli, 212-201-4828

SOURCE Ramius LLC

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