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Technology Stocks : AMD:News, Press Releases and Information Only!
AMD 74.98-3.2%Dec 2 4:00 PM EST

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To: Petz who wrote (6828)5/5/2006 7:10:00 PM
From: TimF  Read Replies (1) of 6843
 
AMD Chairman And CEO Hector Ruiz Challenges IT Industry To Help Solve The World’s Most Pressing Problems

--Ruiz urges technology leaders to address key needs in healthcare, energy conservation and digital connectivity--

AUSTIN, TX -- May 3, 2006 --At the 15th World Congress on Information Technology (WCIT) today, AMD (NYSE: AMD) Chairman and CEO Hector Ruiz delivered the opening day keynote address, urging the IT industry to become a catalyst for solving the world’s most important issues.

“It is incumbent upon the IT leaders of the world to help effect positive change in our global community,” said Ruiz. “By using proven and sound business principles to drive social and economic development in high-growth markets, our industry can be socially responsible and simultaneously profitable. We can do well financially by doing good.”

In his address, Ruiz outlined three areas in which the power of technology could be used more fully: healthcare, energy conservation and digital inclusion.

Ruiz discussed how AMD, a long-time technology sponsor of Lance Armstrong and the Discovery Channel Pro Cycling Team, is collaborating with the Lance Armstrong Foundation to harness the power of technology to improve the quality of life for people affected by cancer.

Addressing the issue of “global warming in the enterprise,” Ruiz called upon technology leaders to participate in the recently announced “The Green Grid.org” – an industry consortium whose goal is to lower power consumption in the world’s datacenters.

Technology’s greatest potential lies in its ability to foster education and knowledge around the world, which will ultimately enable the world to close widening digital and socioeconomic divides, Ruiz continued. Ruiz discussed the impact and progress of AMD’s 50x15 initiative, a goal to enable 50% of the world’s population with affordable Internet access by the year 2015. Millions of people around the globe have connected to the Internet since the initiative was launched in 2004.

The technology industry does not have to sacrifice profitability by living up to its obligations to the world, Ruiz asserted. With the right leaders employing the right business models, the IT industry can remain lucrative while changing the world.

For more information on AMD’s activities at WCIT 2006, please visit amd.com.

amd.com
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