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
Dear 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.
James C. Roumell
Founded in 1998 and located in metropolitan
, 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
in assets under management as of
May 31, 2013
, would be glad to discuss the reasons for its vote. To do so, contact
at Mount & Nadler Public Relations, 212-759-4440.
SOURCE Roumell Asset Management