Levi & Korsinsky, LLP Investigates Breach of Fiduciary Duty by the Board of SiRF Technology Holdings Inc.

Wed. February 11, 2009; Posted: 03:45 PM

NEW YORK, Feb 11, 2009 (GlobeNewswire via COMTEX) -- SIRF | Quote | Chart | News | PowerRating -- Levi & Korsinsky ("L&K") is investigating breaches of fiduciary duty and other violations of state law by the board of directors of SiRF Technology Holdings Inc. ("SiRF" or the "Company") (Nasdaq:SIRF) arising out of their attempt to sell the Company to CSR plc ("CSR"). Under the terms of the agreement, shareholders of SiRF will receive 0.741 shares of CSR for each share of SiRF they own. Based on the closing stock price for CSR on February 9, 2009, the proposed transaction values SiRF shares at approximately $2.06 for a total transaction value of approximately $136 million. The transaction is unfair, given that, among other things, the Company's shares traded above $3.00 per share as recently as August 2008, the Company has over $100 million in cash, or more than $1.60 per share, and has a book value of more than $2.60 per share.

If you own common stock in SiRF and wish to obtain additional information, please contact us at the number listed below or visit http://www.zlk.com/sirf.html

L&K has experience in prosecuting investor securities litigation and an extensive practice in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP Eduard Korsinsky, Esq. Juan E. Monteverde, Esq. (212) 363-7500 Fax: (212) 363-7171 www.zlk.com 39 Broadway, Suite 1601 New York, NY 10006

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