Sunnyvale Community Services Lands Permanent Home With Help From AMD

SUNNYVALE, CA -- 5/9/2005 -- Sunnyvale Community Services (SCS), a local emergency assistance agency serving low-income families, has received some help of its own from AMD to secure a new home. The organization recently sold a parcel of land donated by the semiconductor company and used the $2.6 million from the sale to purchase and finance a new building for itself.

For most of its history, SCS had been housed in buildings leased and donated by the City of Sunnyvale, while its stockpile of food and supplies was stored in a separate facility donated by the Sunnyvale Town Center. In 2000, when SCS learned that both locations would soon be unavailable for its use, the agency launched what turned out to be a difficult and time-consuming search for a permanent home.

“No one expected this process to last more than five years and take as many turns as it did,” said SCS Executive Director Nancy Tivol. “AMD remained firmly committed to us through it all – even during the economic downturn that hit Silicon Valley so hard. Without AMD, SCS would itself be homeless or in dire financial straits.”

Unable to find a suitable location, Tivol voiced her frustration to longtime corporate partner AMD. Realizing that SCS’s future was at stake, AMD made arrangements to donate a 3.25 acre parcel of land to the organization, which in turn would sell it and use the money to cover the cost of purchasing a new building. To spare SCS the costs associated with maintaining the AMD donated land while it searched for a buyer, AMD agreed to hold on to the property until SCS could finalize a sale.

In 2003, SCS finally found an ideal location – a 12,000 square foot facility in Sunnyvale large enough to house the agency’s staff as well as its stockpile of food and supplies. Since the donated land had not yet sold, the City of Sunnyvale provided SCS with a bridge loan to purchase the new building.

Two weeks ago, SCS finally sold the AMD property and promptly paid back the loan to the City of Sunnyvale, with interest the City would have earned on that investment.

“We now have a home of our own,” Tivol said. “AMD not only made an incredible donation to SCS, but its community affairs, environmental and legal staff devoted an enormous amount of time to seeing it through to the end. They stuck by their original commitment through all these years despite all of the challenges.”

“AMD strives to be a model corporate citizen in the communities where we reside, beginning with the City of Sunnyvale where we have our corporate headquarters,” said Tom McCoy, AMD Executive Vice President, Legal Affairs, and Chief Administrative Officer. “SCS is a blessing to the entire community of Sunnyvale, and we are very proud to have worked collaboratively with our community partners to find a way to provide SCS with a permanent home where they could continue their vital mission.”

Sunnyvale Community Services and AMD will hold a press conference to discuss the land donation on May 10 at 10:00 am at the new SCS building located at 725 Kifer Road, Sunnyvale, CA 94086. AMD will hold another event at 4:00 pm that day to honor its longtime community partners and employee volunteers whose efforts have made a significant impact in Silicon Valley. The AMD event will be held on the AMD Campus. For more information, please call (408) 749-3881.

About Sunnyvale Community Services
Founded in 1970, Sunnyvale Community Services is an independent, nonprofit emergency assistance agency. Its mission is to prevent homelessness and hunger for low-income families. The agency provides financial aid, food, and other support that prevents larger problems requiring more expensive solutions.

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 to government agencies and individual consumers. For more information visit www.amd.com.

AMD, the AMD Arrow logo, and combinations thereof, are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners.