To: Yougang Xiao who wrote (50133 ) 2/19/1999 4:38:00 PM From: Yougang Xiao Read Replies (2) | Respond to of 1580417
Gateway Diversifies its Base of Microprocessor Suppliers Company selects AMD to broaden its product line and balance high performance with customer value NORTH SIOUX CITY, S.D.--(BUSINESS WIRE)--Feb. 19, 1999-- Gateway (NYSE: GTW - news) today announced it has selected Advanced Micro Devices of Sunnyvale, Calif., (NYSE: AMD - news) as its second supplier of microprocessor components. This move to diversify Gateway's supplier base and complement offerings from Intel will allow the company to continue providing clients with the best computing value to meet their needs without compromising on features or computing speed. ''Both Intel and AMD offer a broad range of high quality and competitively priced product lines,'' said Jim Booth, vice president of Global Materials and Supply Management, Gateway. ''We made the decision to take advantage of AMD's offerings to add flexibility to our product line and to give our clients choices. Between our business and consumer segments, we have more than 600,000 PC configurations available to meet the specific requirements of our clients. Gateway's relationship with Intel will continue to be strong and will contribute to our robust product offerings. Intel will also represent the bulk of our microprocessor purchases.'' According to Booth, Gateway conducted aggressive testing to ensure AMD's products met Gateway's high standards for performance and reliability, and their production capability met flexibility and demand requirements. Gateway expects to begin shipping PCs powered by AMD microprocessors as early as the second quarter 1999. About Gateway Gateway (NYSE: GTW - news), a Fortune 500 company founded in 1985, provides complete computing solutions for clients worldwide. The company has manufacturing facilities in the United States, Ireland and Malaysia and employs more than 19,000 people worldwide. Gateway products and services consistently win top awards from leading industry publications. Revenue for the year 1998 was $ 7.5 billion. For further information, visit Gateway at www.gateway.com ************************************************************** Guys, let's contribute this announcement to Maxwell, good call! Max!