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AMD and HP Team with Lance Armstrong Foundation to Help People with Cancer Live Strong

Lance Armstrong Foundation to Benefit from Sales of HP Special Edition L2000 Notebook PC Powered by AMD Turion™ 64 Mobile Technology
SUNNYVALE, CALIF.-May 20, 2005

AMD (NYSE: AMD) and HP (NYSE: HPQ) (Nasdaq: HPQ) today announced a joint initiative to support the Lance Armstrong Foundation (LAF), a non-profit organization dedicated to helping people with cancer live strong.

AMD and HP, working closely with the LAF, have developed the HP Special Edition L2000 Notebook PC, a one-of-a-kind consumer PC that bears the LIVESTRONG™ message and a reproduction of Lance Armstrong's autograph. Fifty dollars from each HP Special Edition L2000 Notebook PC will go to the LAF to help the Foundation fund its public health, advocacy, research and education initiatives for people with cancer.

To show its full support of the program, AMD has made a two-year commitment to generate a minimum of $4 million for the LAF from this initiative.

"In my battle with cancer, I learned that knowledge is power and attitude is everything," said Lance Armstrong, cancer survivor, champion cyclist and founder of the LAF. "Empowerment plays an important role in dealing with a cancer diagnosis, and technology provides a way for patients and their loved ones to take control by arming themselves with information."

"At AMD, we are inspired by Lance's perseverance to overcome great odds, and impressed by his ability to effectively employ the power of technology. We are excited by the opportunity to help empower the LAF and the community it serves using our technology and our established alliances with HP and Lance Armstrong," said Henri Richard, Executive Vice President, Chief Sales and Marketing Officer, AMD. "In addition to benefits that the Foundation will receive, PC buyers from all walks of life will benefit from mobile performance enabled by HP ingenuity and the power of AMD Turion 64 mobile technology."

"HP and AMD have come together to create a distinctive, high-performance, thin and light notebook PC," said Mark Sanchez, Vice President, North America Consumer Computing, HP. "The introduction of the HP Special Edition L2000 Notebook PC allows consumers to support a worthy cause while they stay connected with friends and family via secure mobile computing."

LAF programs include public health initiatives, community programs, advocacy, research grants and education, including the LIVESTRONG™ Resource for Cancer Survivors.

"More than 10 million Americans are currently living with, through and beyond cancer," said Mitch Stoller, President and C.E.O. of the Lance Armstrong Foundation. "The LAF recognizes efforts of HP and AMD to join the battle against cancer."

In addition to the $50 that the LAF will receive from each notebook, HP has purchased yellow LIVESTRONG wristbands to be packaged with yellow stereo ear buds with every notebook. To further support the cause, AMD and HP plan to donate notebooks for use in LAF-funded cancer survivorship centers throughout the United States. In addition, the two companies are inviting PC buyers to join the battle against cancer by matching or exceeding the $50 per unit for the LAF.

HP Special Edition L2000 Notebook PC

The HP Special Edition L2000 notebook series allows consumers to enjoy "performance at the speed of life" with high-speed wireless, enhanced virus protection , powerful 64-bit computing with AMD Turion™ 64 mobile technology and extended battery life - all in a lightweight and stylish HP design.

The HP Special Edition L2000 Notebook PC is expected to be available for purchase starting in June via http://www.hpshopping.com or by calling +1 888 999 4747, and beginning in July at select retail stores throughout the United States. For more information, please visit: http://www.amd.com/livestrong.

About the Lance Armstrong Foundation

The Lance Armstrong Foundation believes that in the battle with cancer, unity is strength, knowledge is power and attitude is everything. From the moment of diagnosis we provide the practical information and tools people battling cancer need to live strong. We serve our mission through public health, advocacy, research and education, including the LIVESTRONG™ Resource for cancer survivors. The LAF was founded in 1997 by cancer survivor and champion cyclist Lance Armstrong and is located in Austin, Texas. For more information, visit http://www.laf.org and http://www.LIVESTRONG.org.

About HP

HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, global services, business and home computing, and imaging and printing. For the four fiscal quarters ended April 30, 2005, HP revenue totaled $83.3 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at http://www.hp.com.

About AMD

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 http://www.amd.com.

AMD, the AMD Arrow logo, AMD Turion and combinations thereof, are trademarks of Advanced Micro Devices, Inc. LIVESTRONG is a trademark of the Lance Armstrong Foundation. Microsoft and Windows are registered trademarks of Microsoft Corporation in the United States and/or other jurisdictions. Other names are for informational purposes only and may be trademarks of their respective owners.


This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including the expected development, performance or rankings of products or services; statements of expectation or belief; and any statement of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the development, performance and market acceptance of products and services and other risks that are described from time to time in HP's Securities and Exchange Commission reports, including but not limited to HP's Quarterly Report on Form 10-Q for the fiscal quarter ended Jan. 31, 2005, and other reports filed after HP's Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2004. HP assumes no obligation and does not intend to update these forward-looking statements.

About HP

HP Inc. creates technology that makes life better for everyone, everywhere. Through our portfolio of printers, PCs, mobile devices, solutions, and services, we engineer experiences that amaze. More information about HP Inc. is available at http://www.hp.com.