Submitted by: Advanced Micro Devices, Inc.
Categories: Philanthropy & Corporate Contributions
Posted: Jan 18, 2005 – 11:00 PM EST
Jan. 18 /CSRwire/ -
"As members of the global community, we are deeply saddened by the tragic loss of life and destruction caused by the tsunami," said Hector Ruiz, Chairman of the Board, President and CEO, AMD. "From the earliest hours of this disaster we have worked directly with organizations in the region to help with initial recovery efforts. We will continue working with these communities to best apply our human, financial and technological resources towards long-term relief efforts."
The donation starts with a $500,000 cash contribution to the American Red Cross International Relief Fund for immediate support. The company will also allocate $1 million over the next three years to assist with long-term rebuilding efforts in the region.
AMD has a long history of supporting organizations around the world in order to provide for basic needs and improve the quality of life in communities where it operates. The company is closely monitoring developments in Southeast Asia and collaborating with governments, relief agencies, business partners, and non-government organizations to determine and implement appropriate relief efforts. In addition, the company is assembling a global company task force to look into the broader implications of this disaster.
All AMD and Spansion employees have been accounted for to date and all facilities in the impacted region have remained operational without interruption. For more information, please visit http://www.amd.com/us-en//0,,3715_12508,00.html.
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 helping its customers deliver standards-based, customer-focused solutions for technology users, ranging from enterprises to government agencies and individual consumers. For more information visit www.amd.com.
AMD, the AMD Arrow logo, and combinations thereof, are trademarks of Advanced Micro Devices, Inc. Spansion is a trademark of Spansion LLC. Other names are for informational purposes only and may be trademarks of their respective owners.
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