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Spansion Named 2008 Greater Austin Business Awards Finalist With Recognition in Two Competitive Categories | Cypress Semiconductor

Spansion Named 2008 Greater Austin Business Awards Finalist With Recognition in Two Competitive Categories

Last Updated: August 18, 2008

SUNNYVALE, Calif., Aug 18, 2008 -- Spansion Inc. (Nasdaq: SPSN), the world's largest pure-play provider of Flash memory solutions, today announced that it has been selected as a finalist by the Greater Austin Chamber of Commerce for the 2008 Greater Austin Business Awards.

The 8th annual awards will celebrate small, medium, large and non-profit organizations for outstanding achievement in the areas of innovation, customer service, education, community relations, traffic and the environment. From 200 nominations and 24 award categories, Spansion is being recognized in two competitive areas: "Take on Traffic" and "Commitment to Community" for large businesses.

"Spansion's contributions demonstrate the vibrancy and vitality that has helped build this unique city and made Austin what it is today," said Joe Holt, chairman of the Austin Chamber of Commerce Board of Directors and chairman of JPMorgan Chase-Austin. "It is a pleasure to recognize their positive contributions to this city."

The Take on Traffic nomination recognizes Spansion's award-winning Commute Solutions program, encouraging employees to reduce congestion on Austin streets through alternative transportation. The program offers options including preferred parking and monthly drawings for vanpools and carpools, bicycle racks, ride matching and online mileage tracking. Since 2004, the Take on Traffic program has reduced Spansion site's employee vehicle miles traveled by at least 275,000 annually, reducing carbon emissions by more than 165 tons a year. The Commitment to Community nomination recognizes Spansion's ongoing contributions to the local community. In 2007, Spansion Austin donated more than a quarter of a million dollars and nearly 1000 hours of community service to non-profits, schools and agencies, and invested in basic needs programs.

"This recognition is a tribute to Spansion employees who dedicate their time and energy to making a positive impact on the community and the environment," said Randy Blair, vice president of Fab Operations at Spansion Austin. "We are honored to be recognized for our local contributions and look forward to continuing to partner with Austin schools, agencies and non-profit organizations to help meet the needs of our community."

An exclusive awards event at the Hilton Hotel will be held in Austin on August 27, 2008, where final winners in each category will be announced. For more information, please visit the Austin Chamber of Commerce Web site at:

About Spansion

Spansion is a leading Flash memory solutions provider, dedicated to enabling, storing and protecting digital content in wireless, automotive, networking and consumer electronics applications. Spansion, previously a joint venture of AMD and Fujitsu, is the largest company in the world dedicated exclusively to designing, developing, manufacturing, marketing and selling Flash memory solutions. For more information, visit