Calif Micro Devices (CAMD) - Description of business

Company Description
day of the registrant’s most recently completed second fiscal quarter) was $131.6 million based on the closing price for the common stock on the NASDAQ National Market on such date. As of September 30, 2005, the number of shares of the Registrant’s common stock outstanding held by non-affiliates was 17,043,826. For purposes of this disclosure, common stock held by persons who hold more than 5% of the outstanding voting shares and common stock held by executive officers and directors of the Registrant have been excluded in that such persons may be deemed to be “affiliates” as that term is defined under the rules and regulations promulgated under the Securities Act of 1933. This determination of affiliate status is not necessarily a conclusive determination for other purposes.