TMIC Trend Micro Incorporated ADS (MM)

TOKYO, Feb. 8 /PRNewswire-FirstCall/ -- Trend Micro Inc. (TSE:4704)(NASDAQ:TMIC) announced that its Chief Executive Officer, Eva Chen, has reached a settlement with the U.S. Securities and Exchange Commission ("SEC") resolving allegations of alleged violations of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder involving her spouse, Daniel Chiang, and trading in the securities of SINA Corporation. The company previously disclosed the SEC's investigation on July 5, 2006. Under the terms of the settlement, Ms. Chen neither admitted nor denied the allegations, and agreed to pay the SEC a civil penalty and not to violate the securities laws. After being advised of the pending settlement, the company's Board of Directors met and affirmed its confidence in Ms. Chen's ability to continue to serve as Chief Executive Officer and as a director. About Trend Micro Trend Micro Incorporated is a leader in network antivirus and Internet content security software and services. The Tokyo-based corporation has business units worldwide. Trend Micro products are sold through corporate and value-added resellers and managed service providers. For additional information, visit http://www.trendmicro.com/. DATASOURCE: Trend Micro, Inc. CONTACT: Mr. Mahendra Negi, Chief Operating Officer / Chief Financial Officer / IR Officer, +81-3-5334-4899, or fax, +81-3-5334-4874, or , or media, Michael Sweeny, +1-408-863-6384, or , both of Trend Micro Web site: http://www.trendmicro.com/

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