Sep. 17, 2009 (PR Newswire) --

NEW YORK, Sept. 17 /PRNewswire/ -- Dialectic Capital Management, LLC ("Dialectic") today announced that, based on a preliminary vote count, the stockholders of California Micro Devices Corporation ("CMD" or the "Company") (Nasdaq: CAMD) have overwhelmingly voted to elect all three of Dialectic's director nominees -- John Fichthorn, J. Michael Gullard and Kenneth Potashner -- to CMD's Board of Directors at the 2009 Annual Meeting of Stockholders held today. The three leading independent proxy voting advisory firms, RiskMetrics Group, Glass Lewis & Co. and PROXY Governance, Inc., had all recommended that CMD stockholders vote on Dialectic's proxy card.

John Fichthorn, Dialectic's managing member, stated, "We thank stockholders for their strong endorsement of our director nominees. We believe their election will add valuable experience to the Board to help drive positive change and improved financial performance at CMD. Our director nominees look forward to working constructively with the other members of the Board, management and stockholders to maximize stockholder value."

About Dialectic Capital Management, LLC

Dialectic Capital Management, LLC is a hedge fund sponsor based in New York, New York. It manages a multi-sector long/short equity fund.

SOURCE Dialectic Capital Management, LLC