SANTA CLARA, Calif., June 29, 2005 -- Intel Corporation President and CEO Paul Otellini
today addressed the antitrust lawsuit filed against Intel this week by
Advanced Micro Devices Inc. The AMD lawsuit asserted a number of
complaints regarding the business practices of Intel and its customers.
"Intel has always respected the laws of the countries in which we
operate," Otellini said. "We compete aggressively and fairly to deliver
the best value to consumers. This will not change.
"Over the years, Intel has been involved in other antitrust suits
and faced similar issues. Every one of those matters has been resolved
to our satisfaction. We unequivocally disagree with AMD’s claims and
firmly believe this latest suit will be resolved favorably, like the