3:11p ET February 4, 2010 (Business Wire)

Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of Silicon Storage Technology, Inc. ("Silicon Storage" or the "Company") (Nasdaq:SSTI) related to the Company's agreement to be acquired by Microchip Technology Incorporated ("Microchip") and its wholly owned subsidiary Sun Acquisition Corporation. The transaction is valued at approximately $284 million.

Under the terms of the definitive merger agreement entered into by the parties, Microchip will acquire all of the outstanding common stock of Silicon Storage for $2.85 per share in cash, and Sun Acquisition Corp. will be merged with and into Silicon Storage. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the merger agreement by the Silicon Storage board of directors.

If you own shares of Silicon Storage Technology, Inc., if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

SOURCE: Law Offices of Howard G. Smith

Law Offices of Howard G. Smith Howard G. Smith, Esquire 215-638-4847 888-638-4847 howardsmith@howardsmithlaw.com www.howardsmithlaw.com