AMD AND PALM SIGN FLASH MEMORY SUPPLY AGREEMENT
SUNNYVALE and SANTA CLARA, Calif.-JAN. 17, 2001-AMD (NYSE: AMD) and Palm,
Inc. (Nasdaq: PALM), a pioneer in the field of mobile and wireless Internet
solutions and a leading provider of handheld computers, today announced that
Palm has named AMD its primary provider of Flash memory devices through
"Since the introduction of our first handheld computer in 1996, Palm has
shipped more than 11 million handhelds, including 2.1 million units in our
last fiscal quarter. This new agreement with AMD represents an important
step forward in our continuing efforts to obtain increasing volumes of
best-of-breed components to support our planned growth," said Dinesh
Raghavan, vice president of Global Supply Chain Operations at Palm, Inc.
"AMD's industry-leading Flash technology will help Palm(TM) products remain
among the most competitive handheld solutions on the market and provide Palm
handheld users with the ability to upgrade their handhelds with future
editions of the Palm OSr."
"AMD is extremely excited about our alliance with Palm, the pioneer and
leader in the handheld marketplace," said Walid Maghribi, group vice
president of AMD's Memory Group. "AMD's innovative chip-scale packaging and
management will help Palm deliver platforms with a smaller form factor and
longer battery life. This agreement underscores AMD's strategy to diversify
its penetration into the highest growth markets for Flash memory."
About AMD Flash Memory Devices
AMD technology is employed by the world's largest producer of Flash
memory devices, Fujitsu AMD Semiconductor Ltd. (FASL). AMD Flash memory
products encompass a broad spectrum of densities and features to support a
wide range of markets. AMD Flash memory customers represent leaders in the
automotive, networking, telecommunications, and handheld mobile terminal
markets. AMD offers many Flash memory products, such as the award-winning
Simultaneous Read-Write (SRW) product family; Super Low Voltage 1.8V Flash
memory devices; and Burst- and Page-Mode devices. AMD developed the robust
Known Good Die (KGD) program and the patented negative gate erase
technology, and refined the industry-standard Fine-pitch Ball Grid Array
All AMD Flash memory devices are guaranteed by AMD for a minimum of
one million write cycles per sector and 20 years' data retention, making
them the most reliable non-volatile memory devices in the industry.
About Palm, Inc.
Palm, Inc. is a pioneer in the field of mobile and wireless Internet
solutions and a leading provider of handheld computers (source: IDC,
December 1999). Based on the Palm OS(R) platform, Palm's handheld solutions
allow people to carry and access their most critical information with them
wherever they go. Palm handhelds address the needs of individuals,
enterprises and educational institutions through thousands of application
solutions. The Palm OS platform is also the foundation for products from
Palm's licensees and strategic partners, such as CreSenda Wireless;
ePocrates, Inc.; Franklin Covey; Handspring; IBM; Sony; Symbol Technologies;
and TRG. Platform licensees also include Kyocera, Samsung, and Nokia. The
Palm Economy is a growing global community of industry?leading licensees,
world?class OEM customers, and more than 130,000 innovative developers and
solution providers that have registered to develop solutions based on the
Palm OS platform. Palm went public on March 2, 2000. Its stock is traded on
the Nasdaq national market under the symbol PALM. More information is
available at www.palm.com.
AMD is a global supplier of integrated circuits for the personal and
networked computer and communications markets. AMD produces microprocessors,
Flash memory devices, and integrated circuits for communications and
networking applications. Founded in 1969 and based in Sunnyvale, California,
AMD had revenues of $2.9 billion in 1999. (NYSE: AMD).
AMD is a trademark of Advanced Micro Devices, Inc.
Palm OS is a registered trademark and Palm is a trademark of Palm, Inc. or