AMD announced that it entered into an agreement with Nortel Networks to supply it with the majority of its flash memory requirements over the next three years. Under the contract, AMD will provide Nortel with AMD flash memory devices that are intended to support its evolving customer needs for networking solutions.

“This agreement with AMD, our 1999 Supplier of the Year, assures supply of the critical flash memory products that are required to meet our continued growth in the Optical, Access, Wireless and Enterprise businesses,” said Ken Bradley, Chief Procurement Officer, Nortel Networks.

“Nortel’s pioneering technology in areas such as optical and wireless Internet solutions and AMD’s leadership in flash memory technology make for a winning combination,” said Walid Maghribi, group vice president of the Memory Group. “AMD’s relationship with Nortel highlights its commitment to supply the networking market with extremely reliable, high density flash memory devices. This agreement further solidifies AMD’s position as the leading vendor of flash memory devices to the major networking companies of the world.”