PRESS RELEASE
Published on January 12, 1996
[LETTERHEAD OF ADVANCED MICRO DEVICES, INC.]
NEWS RELEASE
For further information:
Chuck Mulloy, AMD
(408) 749-5481
or
John Thompson, Intel
(408) 765-1279
ADVANCED MICRO DEVICES AND INTEL SIGN PATENT
CROSS-LICENSE AGREEMENT
SUNNYVALE, CA ... January 5, 1996 ... Advanced Micro Devices (AMD) and Intel
today announced that they have signed a five-year, comprehensive patent cross-
license agreement. The companies had agreed to negotiate the license as a result
of a litigation settlement announced in January 1995.
The new agreement follows a patent cross-license arrangement between the
companies that expired at the end of 1995. Effective January 1, 1996, the new
pact gives AMD and Intel the rights to use each others' patents and certain
copyrights, exclusive of microprocessor microcode copyrights. AMD agreed in the
January 1995 settlement agreement that it would not use Intel microcode beyond
the Intel 486(TM) processor code.
The cross-license is royalty-bearing for products that use certain technologies,
though specific financial terms were not disclosed.
"Licensing is one way of ensuring others respect our intellectual property,"
said Craig Barrett, Intel's chief operating officer. "It also allows us to
provide our shareholders with a continuing return on the massive investments we
make on their behalf."
More...
"This agreement ensures that AMD has legal rights to all the enabling Intel
intellectual property necessary to continue providing our customers with
competitive products that are fully software compatible with the Intel
instruction set," said W.J. Sanders III, chairman and chief executive officer of
AMD.
Focusing on the personal and networked computing and communications markets,
Advanced Micro Devices, Inc., produces microprocessors and related peripherals,
flash memories, programmable logic devices, and circuits for telecommunications
and networking applications. Founded in 1969, AMD reported 1994 revenues of $2.1
billion. With headquarters in Sunnyvale, California, AMD has sales offices
worldwide and manufacturing facilities in Sunnyvale; Austin, Texas; Bangkok,
Thailand; Penang, Malaysia; Singapore and Aizu-Wakamatsu, Japan.
Intel, the world's largest chip maker, is also a leading manufacturer of
personal computer, networking and communications products.
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GENERAL NOTICE: Product names used in this publication are for identification
purposes only and may be trademarks of their respective companies.