—25th year in Austin marked with a proclamation from the City of Austin and celebration with employees, community leaders and Lance Armstrong—
AUSTIN, TX -- October 27, 2004 --AMD (NYSE: AMD) today celebrates its first 25 years in Austin, TX. Founded in Silicon Valley in 1969, AMD began operations in Austin in the fall of 1979 with 72 employees. Today, the global technology company employs more than 3,000 employees in Austin where it designs industry-leading 64-bit microprocessors, low-power embedded processors and operates a state-of-the-art semiconductor manufacturing facility, AMD Fab 25, which produces Flash memory – a pervasive technology that is powering the rapid growth in digital devices such as mobile phones, PDAs, and DVD players.
AMD is committed to being a good neighbor and a responsible, involved corporate citizen and is proud to contribute to the outstanding quality of life in Austin through corporate giving, school partnerships and employee volunteerism.
“As a global leader in technology, AMD is committed to partnering with local organizations through strategic investments of time, resources and technology in the areas of education and basic needs in order to strengthen the communities in which we operate,” said Kevin Lyman, senior vice president, human resources, AMD. “And as we celebrate our history and the outstanding achievements of our employees, we thank this community for supporting our growth and success and look forward to an even brighter future.”
Each year AMD makes contributions of time, capital, technology and in-kind goods to more than 75 nonprofits and schools in the Austin area. Since 1987, the year AMD began tracking community investments, the company has donated $8.2 million in cash contributions and approximately $4.5 million in in-kind donations to the Austin community. AMD contributed an additional $1.4 million to match Austin employee gifts of time and money to 742 nonprofits, schools and universities. Since 1995, AMD employees have volunteered more than 40,000 hours to area charities and have donated more than 6,000 units of blood to the Central Texas Blood and Tissue Center. Last year alone, more than 600 AMD employees volunteered 11,500 hours in support of more than 100 community-based organizations, schools and universities in the Austin area, including Del Valle ISD, the Capital Area Food Bank, GirlStart and Family Eldercare.
“AMD and Del Valle ISD have had a rewarding long term partnership in both good and challenging times,” commented Bernard Blanchard, superintendent, Del Valle ISD. “AMD not only invests their financial resources, but encourages their employees to volunteer at our schools, supports instruction through in-kind donations, and provides leadership on our Adopt-A-School board. We are extremely appreciative of their continued support.”
To recognize the company for its commitment to the local community and its presence as a major local employer over the past 25 years, AMD will be honored with a proclamation from the City of Austin. The proclamation, which officially recognizes October 27, 2004 as AMD’s 25th Anniversary Celebration, will be presented tonight by Austin City Councilmember Betty Dunkerley at a private event that will include employees, local community leaders and State Comptroller Carol Keeton Strayhorn. The celebration will be highlighted by a special presentation from Lance Armstrong, Austin’s own six-time champion of the legendary Tour de France and leader of the AMD sponsored USPS Pro Cycling Team presented by Berry Floor.
AMD (NYSE:AMD) designs and produces innovative microprocessors, Flash memory devices and low-power processor solutions for the computer, communications and consumer electronics industries. AMD is dedicated to delivering standards-based, customer-focused solutions for technology users, ranging from enterprises and governments to individual consumers. For more information visit www.amd.com.
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