EXHIBIT 28.2 TO 8-K
Published on January 19, 1995
EXHIBIT 28.2
NEWS RELEASE
For further information:
Chuck Mulloy
AMD
(408) 749-5481
Howard High
Intel
(408) 765-1488
AMD, INTEL SETTLE ALL LEGAL DISPUTES
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SANTA CLARA, CA ... January 11, 1995 ... Advanced Micro Devices, Inc. and Intel
Corporation said they have reached agreement to settle all outstanding legal
disputes between the two companies.
Following are the major points of the agreement:
* AMD will have a perpetual license to the microcode in the
Intel 386(TM) and Intel 486(TM) microprocessors.
* AMD agrees that it has no right to copy any other Intel
microcode including the Pentium(TM) Processor, P6 microcode
and 486 ICE (in circuit emulation) microcode.
* The companies will negotiate a new patent cross-license
agreement to become effective 1/1/96.
* Intel will receive $58 million as settlement for past damages
in the 486 ICE case. As ordered in the 1992 arbitration
between the two companies, Intel will pay AMD approximately
$18 million (which includes interest) awarded by the
arbitrator for breach of contract and will not contest the
rights granted AMD in the arbitration award.
* Intel and AMD will drop all cases including appeals currently
in the courts.
* AMD will drop its antitrust case against Intel.
* AMD will have the right to use foundries for Am486(R)
products containing Intel microcode for up to 20 percent of
its 486 production.
* AMD and its customers will get a license on Intel's "Crawford
'338" patent, covering memory management.
* The two companies will agree not to initiate legal action
against one another for any activity occurring prior to
January 6, 1995.
The two companies said they have been in negotiations for 4 months. The
talks were suggested by Judge Magistrate Patricia Trumbull of the U.S. District
Court in San Jose, who presided in the 386 and 486 cases.
In a joint statement, Richard Previte, president and chief operating
officer of AMD, and Craig Barrett, executive vice president and chief operating
officer of Intel, said "We are pleased to reach an agreement that will enable
the two companies to concentrate on competing in the marketplace, not the
courts. This is clearly in the best interests of our customers, our
stockholders and the PC marketplace." Messrs. Previte and Barrett were the lead
negotiators of the agreement.
AMD is the fifth-largest U.S. manufacturer of integrated circuits.
Focusing on the personal and networked computing and communications markets, AMD
produces microprocessors and related peripherals, memories, programmable logic
devices and circuits for telecommunications and networking applications.
Intel, the world's largest chip maker, is also a leading manufacturer of
personal computer, networking and communications products.
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AMD news release #95CORP3