GENEVA--(Marketwire - Nov 15, 2012) - Following today's Bloomberg article, ST (NYSE: STM) a global semiconductor leader serving customers across the spectrum of microelectronics applications, confirms its strong denial on the existence of a project which can compromise the unity of the company. Also, such a project has never been presented to the ST Supervisory Board. There is full alignment between the management of the company and the Supervisory Board of directors.
ST is a global leader in the semiconductor market serving customers across the spectrum of sense and power technologies and multimedia convergence applications. From energy management and savings to trust and data security, from healthcare and wellness to smart consumer devices, in the home, car and office, at work and at play, ST is found everywhere microelectronics make a positive and innovative contribution to people's life. By getting more from technology to get more from life, ST stands for life.augmented.
In 2011, the Company's net revenues were $9.73 billion. Further information on ST can be found at www.st.com.
ST denial http://hugin.info/152740/R/1658592/536768.pdf