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Micron and Elpida Announce Closing of Sponsor Agreement Transactions - Seite 2

Micron CEO Mark Durcan.

Yukio Sakamoto, CEO, President and co-trustee of Elpida, said, 'This
transaction is a strong testament to the value of Elpida's technologies,
products and people, and it will result in a combined organization that can
best serve customers with broader memory solutions, strength and scale.'

Effective with the closing, Mr. Sakamoto announced his resignation from Elpida.
Micron and Elpida announced that Yoshitaka Kinoshita will replace Mr. Sakamoto
as the President, Representative Director and Business Trustee of Elpida and
become the President of Micron Japan.

'I want to personally thank Sakamoto-san for his strong leadership of Elpida
and for his efforts in helping bring Elpida and Micron together. I look forward
to working with Kinoshita-san as we seek to strengthen our combined teams,'
said Durcan.

About Elpida

Elpida Memory, Inc. is a leading manufacturer of Dynamic Random Access Memory
(DRAM) integrated circuits. The company's design, manufacturing and sales
operations are backed by world class technological expertise. Its 300mm
manufacturing facilities, consisting of its Hiroshima Plant and a Taiwan-based
joint venture, Rexchip Electronics, utilize the most advanced manufacturing
technologies available. Elpida's portfolio features such characteristics as
high-density, high-speed, low power and small packaging profiles. The company
provides DRAM solutions across a wide range of applications, including personal
computers, servers, mobile devices and digital consumer electronics. More
information can be found at http://www.elpida.com.

About Micron

Micron Technology, Inc., is one of the world's leading providers of advanced
semiconductor solutions. Through its worldwide operations, Micron manufactures
and markets a full range of DRAM, NAND and NOR flash memory, as well as other
innovative memory technologies, packaging solutions and semiconductor systems
for use in leading-edge computing, consumer, networking, embedded and mobile
products. Micron's common stock is traded on the NASDAQ under the MU symbol. To
learn more about Micron Technology, Inc., visit www.micron.com.

Micron and the Micron orbit logo are trademarks of Micron Technology, Inc. All
other trademarks are the property of their respective owners.


CONTACT: Kipp Bedard
Micron Investor Relations
[e-mail]
[phone]

Daniel Francisco
Micron Media Relations
[e-mail]
[phone]

Nobuaki Kobayashi, Elpida Trustee, Attorney-at-Law
Takao Adachi, Director and Executive Officer,
Elpida Public Relations
[phone]
News Source: NASDAQ OMX



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Language: English
Company: Micron Technology, Inc.


United States
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ISIN: US5951121038
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