PRESS RELEASE DATED JUNE 15, 1999
Published on July 14, 1999
Exhibit 99
[AMD Letterhead]
CONTACT:
Scott Allen
Public Relations
(408) 749-3311
AMD ANNOUNCES COMPLETION OF SALE OF VANTIS
SUNNYVALE, CA-JUNE 15, 1999 - Advanced Micro Devices Inc. (NYSE: AMD) today
announced the completion of the sale of Vantis Corporation, a wholly owned
subsidiary of AMD, to Lattice Semiconductor Corporation (NASDAQ: LSCC). The
parties signed the definitive purchase agreement for the sale of Vantis
Corporation to Lattice on April 21, 1999. AMD received approximately
$500,000,000 in cash from Lattice as consideration for the sale, subject to
certain adjustments.
About AMD
AMD is a global supplier of integrated circuits for the personal and networked
computer and communications markets. AMD produces processors, flash memories
and products for communications and networking applications. Founded in 1969
and based in Sunnyvale, California, AMD had revenues of $2.5 billion in 1998.
AMD is a trademark of Advanced Micro Devices, Inc.