CHEVY CHASE, Md., June 6, 2013 /PRNewswire/ -- Roumell Asset Management sent the attached letter to the Board of Directors of DSP Group, Inc. (Nasdaq: DSPG) yesterday to inform them that it has voted in support of Starboard's nominees to the company's board. Roumell owns approximately 4.5% of DSP Group's common stock.
The full text of the letter follows:
June 5, 2013
DSP Group, Inc.2580 North First StreetSuite 460 San Jose, CA 95130Dear Board of Directors, Roumell Asset Management, LLC currently owns roughly 4.5% of DSP Group, Inc. common stock. After a very deliberate process we have decided to support Starboard's nominees to the company's board. In our review of Starboard's history, they have constructively added value, acted responsibly and always pursued a thoughtful approach to realizing value for shareholders. Sincerely,/s/ James C. Roumell, President Founded in 1998 and located in metropolitan Washington, D.C., Roumell Asset Management, LLC is an opportunistic investment manager with a deep-value bias that manages funds in equity, balanced and fixed income accounts. The firm, whose clients include individuals and corporations, has approximately $310 million in assets under management as of May 31, 2013. Roumell President, Jim Roumell, would be glad to discuss the reasons for its vote. To do so, contact Tom Pinto at Mount & Nadler Public Relations, 212-759-4440. SOURCE Roumell Asset Management