AMD Explores Enterprise IT Management Challenges At Third Annual CXO Summit

-Focus on Server Strategies and Business Performance Characterizes Gathering of Senior IT Executives -

NEW YORK -- June 23, 2004 --AMD (NYSE: AMD) today announced the completion of its third annual CXO Summit. More than 100 senior IT executives from Fortune 1000 companies joined AMD executives to discuss how technology solutions are helping enterprises address IT management challenges. Held on June 22, 2004, in New York City, the summit focused on computing infrastructure investments that help businesses address today’s challenges and support future growth.

The theme of this year’s summit, “Evolutionary Server Strategies for Revolutionary Business Performance,” underscored the vital role that computing infrastructures play in ensuring enterprise technology investments are aligned with business objectives. Jeff Cohen, chief executive office, Vertical Software Group and former chief information officer for JetBlue, presented the opening keynote address, “IT and Business Goal Alignment,” followed by presentations by AMD customers and other attendees. The summit provided attendees with a unique opportunity to collaboratively examine critical issues including: Outsourcing Pros and Cons; Right-sizing the Server Environment; and Reaching Your Business Goals through the Strategic Use of IT.

“Once again, AMD’s CXO Summit is a strong and increasingly visible demonstration of our commitment to what we call 'customer-centric' innovation,” said Henri Richard, AMD’s executive vice president, worldwide sales and marketing. “These conversations confirm that each enterprise IT solution can be as unique as a human fingerprint - which is why direct dialogue with top-tier decision-makers is so crucial to AMD's success in the enterprise.”

Renowned analyst Aaron Goldberg, vice president, Ziff-Davis Market Experts Group, presented a discussion of the ways in which organizational performance is directly affected by the applications that support critical business processes. Hector Ruiz, chairman of the board, president and chief executive officer, AMD, presented the closing keynote address, “Creating a Performance Roadmap for Your IT Organization.”

Customers attending the AMD sponsored summit agreed that in an era defined by the question, “Does IT matter?” the conference afforded a valuable opportunity for senior executives to exchange ideas and discuss how their companies work to ensure that technology investments have a positive impact on the bottom line.

“By providing our customers with a way to collaboratively discuss critical IT management issues, AMD not only reinforces our commitment to providing enterprises with the solutions they need to address business challenges, we also gain insight that allows us to become a more effective partner,” said Kevin Knox, vice president, worldwide enterprise business development, AMD. “The success of our third annual summit affirms that attending CXOs support AMD’s strategy and plans for the enterprise.”

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