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To: jmac who wrote (32845)	10/25/1999 6:31:00 PM
From: Jdaasoc	Read Replies (1) \| Respond to of 93625

jmac: Is this just to get better contract price or get availability to RDRAM. My rose colored glasses lost most of their blush. micron.com COMPAQ AND MICRON TECHNOLOGY ANNOUNCE STRATEGIC ALLIANCE FOR MEMORY SUPPLY Five-Year, Multi-Billion-Dollar Agreement Assures Enhanced Memory Supplies for Compaq PC Customers Houston, October 25, 1999 - Compaq Computer Corporation (NYSE: CPQ) and Micron Technology, Inc. (NYSE: MU) today announced a strategic five-year supply alliance under which Micron will become Compaq?s single largest memory provider, supplying nearly a majority of the company?s worldwide requirements. The agreement will ensure significantly enhanced memory supplies, enabling Compaq to meet growing customer demand. Also, Compaq today stated its intention to maintain memory content across its PC product line. ?Compaq is committed to maintaining performance standards across our PC product line,? said Ed Straw, Senior Vice President, Supply Chain Management, Compaq. "Optimal memory is essential to ensure customers get the performance and reliability needed to use everyday business and consumer applications efficiently. We will not compromise the fundamental performance of our PCs.? ?The enhancement of our supply relationship with Micron Technology ensures future availability of memory components for our PC customers,? said Straw. ?Micron has a wide range of advanced memory products that meet the needs of Compaq PC customers from consumers to small business to the largest global enterprises. Under this agreement, Micron?s world-wide presence and expanding manufacturing capacity will ensure consistent supplies to meet Compaq?s global manufacturing requirements.? Deliveries of memory components under the agreement will begin immediately. ?Micron is committed to the continued support of the advanced memory products required by Compaq and we are prepared to meet Compaq?s memory requirements today and in the future,? said Donald D. Baldwin, Vice President of Sales and Marketing, Micron Technology, Inc. ?Micron has worked hard to establish a leadership position in our industry. This strategic memory supply relationship with Compaq demonstrates the progress we?ve made toward our goal of becoming the world?s leading supplier of memory technology solutions.? About the Companies Compaq Computer Corporation, a Fortune Global 100 company, is the second largest computer company in the world and the largest global supplier of computer systems. Compaq develops and markets hardware, software, solutions, and services, including industry-leading enterprise computing solutions, fault-tolerant business-critical solutions, enterprise and network storage solutions, commercial desktop and portable products and consumer PCs. The company is an industry leader in environmentally friendly programs and business practices. Compaq products are sold and supported in more than 100 countries through a network of authorized Compaq marketing partners. Customer support and information about Compaq and its products are available at compaq.com. Micron Technology, Inc., and its subsidiaries manufacture and market DRAMs, very fast SRAMs, Flash, other semiconductor components, memory modules, graphics accelerators, and personal computer systems. To learn more about Micron Technology, Inc., visit its Web site at micron.com. ### Compaq, Registered U.S. Patent and Trademark Office. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies. This release contains forward-looking statements based on current expectations that involve a number of risks and uncertainties. The potential risks and uncertainties that could cause actual results to differ materially include the failure of systems associated with order fulfillment; changes in product mix; inventory risks due to shifts in market demand; continued competitive factors and pricing pressures; and market responses to pricing actions and promotional programs. Further information on the factors that could affect Compaq?s financial results are included in its SEC filings, including the annual report on Form 10-K for the year ended December 31, 1998, and the latest quarterly report on Form 10-Q.