Vantis is being formed to better serve the specialized requirements of programmable logic customers. The company designs, develops and markets programmable logic products, taking advantage of AMD's advanced process technology and wafer manufacturing and packaging capabilities.

The naming of Vantis Corporation is the latest milestone in a process that began last year when AMD announced the intent to form a programmable logic subsidiary. Since then, Vantis has established a worldwide dedicated sales force and a dedicated team of field applications engineers.

"Vantis is a 28 year-old startup backed by a multi-billion dollar parent company with world-class manufacturing capabilities, leading-edge technology and a global scope," said Rich Forte, president of Vantis Corporation. "We are already one of the industry's leading suppliers of programmable logic. By forming Vantis we will be able to focus more on offering superior, cost-effective solutions that allow our customers to get to market before their competition. Vantis is committed to make its customers winners."

Vantis also unveiled its new logo and worldwide web site at www.vantis.com. The logo can be viewed and downloaded from the web site. Vantis' new toll-free number is 1-888-826-8472 (VANTIS2).

Vantis will continue to utilize AMD's worldwide Distributors. In addition, Vantis will receive administrative support functions from AMD. All customer support processes, such as order entry and technical support to name a few, will remain the same so that customers are ensured the same high-level of service that they receive today.

About AMD
AMD is a global supplier of integrated circuits for the personal and networked computer and communications markets. AMD produces processors, flash memories, programmable logic devices, and products for communications and networking applications. Founded in 1969 and based in Sunnyvale, CA, AMD had revenues of $2 billion in 1996. (NYSE: AMD).