Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of Microtune, Inc.

Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of Microtune, Inc. (“Microtune” or the “Company”) (NASDAQ:TUNE) related to the Company’s agreement to be acquired by Zoran Corporation (“Zoran”). The proposed all-cash transaction is valued at approximately $166 million.

Under the terms of the definitive agreement entered into by the parties, Zoran will pay Microtune shareholders $2.92 in cash for each share of the Company’s common stock they own. The transaction is expected to close in the fourth quarter of 2010. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the proposed transaction by Microtune’s board of directors.

If you are a shareholder of Microtune, 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.

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