Andersen to Independently Audit AMD's Benchmarking of the AMD Athlon™ XP processor
AUSTIN, TEXAS --
When AMD, a global supplier of microprocessors, wanted to have a third party independently examine the benchmarking performance of its new AMD Athlon™ XP processor, it turned to Andersen.
Andersen is auditing AMD’s statements regarding the results of current industry benchmarks. These industry benchmark results are various application-based indicators of a processor's performance rather than solely megahertz or gigahertz.
“This type of new assurance work represents a service responsive to today’s economy as more and more entities seek third parties to audit statements they make about important aspects of their business,” said Edward Hill, partner in Andersen’s Risk Consulting group for the Austin and Houston area. “The results of our work will enhance the credibility of the statements that management makes about their product.”
Patrick Moorhead, vice president of Customer Advocacy for AMD, said, “It is important that the public know that there are reliable indicators of microprocessor performance that can withstand any and all scrutiny. With its world renowned reputation for assurance services, Andersen provides a level of credibility and comfort for people in assessing the performance of the new AMD Athlon XP processor.”
In addition to a reputation as a world leader in traditional attestation services, Andersen has staked its claim as an innovator in non-traditional attest engagements as well, including:
- Major League Baseball selected Andersen to serve as the official authenticator of select baseball memorabilia.
- Andersen partnered with the Major League Baseball Players Association in conducting the annual Player’s Choice Awards.
- Andersen has provided licensing audit services for clients as diverse as Martha Stewart, Walt Disney and the Children’s Television Workshop.
Andersen is a global leader in professional services. It provides integrated solutions that draw on diverse and deep competencies in consulting, assurance, tax, corporate finance, and in some countries, legal services. Andersen employs 85,000 people in 84 countries. Andersen is frequently rated among the best places to work by leading publications around the world. It is also consistently ranked first in client satisfaction in independent surveys. Andersen has enjoyed uninterrupted growth since its founding in 1913. Its 2000 revenues totaled -$8.4 billion. Andersen refers to the brand identity adopted by member firms of the Andersen global client service network.
AMD is a global supplier of integrated circuits for the personal and networked computer and communications markets with manufacturing facilities in the United States, Europe, Japan, and Asia. AMD, a Fortune 500 and Standard & Poor’s 500 company, produces microprocessors, flash memory devices, and support circuitry for communications and networking applications. Founded in 1969 and based in Sunnyvale, California, AMD had revenues of $4.6 billion in 2000. (NYSE: AMD).
AMD, the AMD Arrow logo, AMD Athlon, and combinations thereof, are trademarks of Advanced Micro Devices, Inc. Other product names used in this publication are for identification purposes only and may be trademarks of their respective companies.