Trio-Tech Fiscal 2010 Revenue Increases 85% to $37 Million

Trio-Tech International (AMEX: TRT) announced today that revenue for the fourth quarter of fiscal 2010 tripled to $12,874,000 compared to $4,328,000 for the fourth quarter of fiscal 2009. Net income for the quarter was $323,000 compared to a loss of $683,000 for the same quarter last year.

Revenue from product sales quadrupled to $8,865,000 for the fourth quarter of fiscal 2010 compared to $2,188,000 a year earlier, primarily the result of higher sales of the Company's proprietary semiconductor test equipment products. Revenue from testing services for the fourth quarter of fiscal 2010 increased to $3,748,000 compared to $2,071,000 for the fourth quarter of fiscal 2009.

"We are pleased by the improved performance of our core semiconductor test equipment and services businesses, extending a trend that began late last year.

Zoran Corporation to Acquire Microtune, Inc.

Microtune's Industry-Leading Silicon Tuner Technologies for the Set-Top-Box and DTV Markets Expand Zoran's Product Portfolio to Provide Complete End-to-End Solutions

Zoran Corporation (NASDAQ:ZRAN ) today announced that it has entered into a definitive agreement to acquire Microtune®, Inc. (NASDAQ:TUNE ). Under the agreement, Zoran will pay $2.92 in cash for each share of Microtune's common stock, resulting in a transaction price of approximately $166 million, or $84 million net of cash acquired. Both boards of directors have approved the transaction, which is expected to close after Microtune shareholder approval, regulatory clearance and satisfaction of customary conditions specified in the agreement. Zoran expects the acquisition to be accretive immediately following the close of the deal, which is expected to be in the fourth quarter of 2010.