GLOBALFOUNDRIES Appoints Head of Design Enablement

Latest Addition to Senior Management Team Will Be Primary Technology Interface
for Customers
SUNNYVALE, Calif.--(Business Wire)--
GLOBALFOUNDRIES, the new leading-edge semiconductor foundry company formed by a
joint venture between AMD [NYSE: AMD] and Advanced Technology Investment Company
(ATIC), today announced the appointment of Curtis "Mojy" Chian as senior vice
president of design enablement.

Chian brings more than two decades of leadership experience in silicon process
technologies, most recently at Altera Corporation, where he served as vice
president of technology development. At GLOBALFOUNDRIES, he will be responsible
for global design enablement and will be the primary technical customer
interface-working closely with customers to efficiently bring the world`s most
sophisticated chip designs to market.

"As we continue the transformation to a leading-edge foundry, design enablement
will be one of the most critical functions to support the acquisition of new
customers," said Doug Grose, chief executive officer of GLOBALFOUNDRIES. "Mojy
brings the right combination of technical know-how and leadership experience to
oversee our design enablement team, which is charged with ensuring that our
customers` designs can be produced in high volume on leading-edge technology,
while ensuring the fastest possible time-to-market."

Chian will be based in Sunnyvale, Calif., which will serve as the
GLOBALFOUNDRIES center of excellence for design enablement. He also will be
responsible for building a global partner ecosystem that consists of a range of
design IP and EDA providers to ensure that customers have the necessary design
infrastructure.

"The establishment of GLOBALFOUNDRIES has created tremendous enthusiasm among
potential customers by offering a strong alternative for advanced technologies,"
Chian said. "Our competitive advantage will be through providing a best-in-class
customer experience at the leading edge. We plan to work closely with potential
customers to align our technologies and capacity with their products and
business requirements. Over the course of 2009, we will take steps to build out
the design enablement team as we prepare to accept third-party designs later
this year."

At Altera Corporation, Chian managed all development, infrastructure, and
manufacturing aspects of silicon process technologies. While overseeing a global
team of engineers in San Jose, Malaysia, and Taiwan, he also served as TSMC`s
technology ambassador to Altera customers. Prior to Altera, Chian was senior
vice president of core technology and analog engineering at Mindspeed
Technologies.

Chian holds bachelor`s, master`s and doctoral degrees in electrical engineering,
as well as a master`s degree in applied mathematics, from Florida Institute of
Technology.

ABOUT GLOBALFOUNDRIES

GLOBALFOUNDRIES is the world`s first truly global leading-edge semiconductor
manufacturing company. Launched in March 2009 through a partnership between AMD
[NYSE: AMD] and the Advanced Technology Investment Company (ATIC),
GLOBALFOUNDRIES provides a unique combination of leading-edge technology,
manufacturing excellence and global operations. GLOBALFOUNDRIES is headquartered
in Silicon Valley with facilities in Austin, Dresden and New York.

For more information on GLOBALFOUNDRIES, visit www.globalfoundries.com.

CAUTIONARY STATEMENT

This press release contains forward-looking statements, which are made pursuant
to the safe harbor provisions of the U.S. Private Securities Litigation Reform
Act of 1995 and include, without limitation, statements regarding the company's
current expectations, assumptions, assessments, anticipations, objectives,
plans, hopes, beliefs, intentions or strategies regarding the future. These
forward-looking statements therefore are subject to risks and uncertainties
which could cause actual results to differ materially. Some factors which
contribute to these risks and uncertainties include the economic conditions both
in the United States and around the world; the difficulties in developing new
customers; the demand and supply outlook in the overall semiconductor / foundry
industry; the sourcing strategy of potential customer base; competitor actions;
the success of company technology alliances; construction progress on additional
manufacturing facilities as well as associated governmental processes; the
availability of components and equipment; labor and employment issues at
manufacturing facilities; the progression of advances in technology and
processes; and unforeseen events. The company has no duty to update any
forward-looking statements in this release based on new information or events.

GLOBALFOUNDRIES Communications
Jason Gorss, 518-899-2179
jason.gorss@globalfoundries.com

Copyright Business Wire 2009