EXHIBIT 1 TO THE 8-K
Published on January 27, 1994
NEWS RELEASE (LOGO APPEARS HERE)
ADVANCED
MICRO
DEVICES
901 Thompson Place
P.O. Box 3453
Sunnyvale
CA 94088-3453
Tel (408) 732-2400
ADVANCED MICRO DEVICES ANNOUNCES
LONG-TERM AGREEMENT WITH COMPAQ
SUNNYVALE, CA ... January 26, 1994 ... Advanced Micro Devices
announced today that it has entered into a long-term agreement under which
AMD will supply current and future generations of Microsoft registered
trademark Windows trademark -compatible microprocessors to Compaq Computer
Corporation. AMD said initial shipments of Am486 trademark microprocessors
will commence in the current quarter.
"Advanced Micro Devices is excited at the prospect of working more
closely with one of the world's premier personal computer
manufacturers," said W.J. Sanders III, chairman and chief executive
officer. "'Differentiation within standards' will be the key to success
for computer and chip vendors in the '90s. Our challenge is to provide
Compaq with high-volume microprocessor products that will assist them in
achieving their goal of becoming the world's leading supplier of personal
computers.
"Compaq's commitment to building personal computers that maximize
ease-of-use and incorporate features to enhance user productivity make them
an ideal technology partner for AMD," Mr. Sanders continued.
(more)
"This agreement completes the triad of enabling agreements that will
catapult AMD into the forefront of the digital revolution made possible
by the ubiquitous microprocessor. The first of these agreements is
our joint venture with Fujitsu Limited. That alliance permits AMD and
Fujitsu to build and share a billion-dollar, state-of-the-art, dedicated
manufacturing facility in Japan for sub-0.5-micron flash memory products
while AMD is simultaneously investing in a second billion-dollar, wholly
owned, dedicated manufacturing facility for sub-0.5-micron microprocessor
products at our Austin, Texas, site. The second agreement is our
technology collaboration with Hewlett-Packard Company under
which we are currently jointly developing 0.35-micron logic technology for
the next generation of microprocessors.
"Finally, the agreement with Compaq will be of enormous
value in our efforts to develop innovative, silicon-based solutions that
provide the determinant technology for higher performance, improved
functionality and ease-of-use in a broad range of information devices. By
working with Compaq, a proven technology leader who has demonstrated an
ability to produce world-class Windows-compatible products, AMD will derive
significant benefits in the form of assistance in the definition of future
microprocessor requirements, as well as system-level compatibility and
verification from Compaq -- the world's foremost authority on PC
compatibility. AMD believes that competition is the driving force
of innovation and technological progress which ultimately benefit
end-users."
(more)
"Compaq's philosophy of providing differentiated
personal computers within widely accepted industry standards closely
parallels AMD's corporate mission, which is to provide our customers with
industry-standard products with a performance edge that reduce the cost
and shorten the time to market for our customers worldwide,"
Mr. Sanders concluded.
###
AMD news release #94CORP2
For more information contact: John Greenagel (408) 749-3310
AMD-90176
Microsoft is a registered trademark of Microsoft Corporation
Windows is a trademark of Microsoft Corporation
Am486 is a trademark of Advanced Micro Devices, Inc.