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GLOBALFOUNDRIES and ARM Define the Standard for Mobile Technology Platform Innovation at MWC 2010

Industry leaders set the stage for 40% increase in computing performance and 30% improvement in power efficiency for next-generation mobile computing devices

Barcelona, Spain - February 15, 2010 - At the 2010 Mobile World Congress, GLOBALFOUNDRIES and ARM [(LSE: ARM); (Nasdaq: ARMH)] today unveiled new details on their leading-edge System-on-Chip (SoC) platform technology for powering the next generation of wireless products and applications. The new chip manufacturing platform is projected to enable a 40 percent increase in computing performance, a 30 percent decrease in power consumption, and a 100 percent increase in standby battery life. The new platform includes collaboration on two GLOBALFOUNDRIES process variants: 28nm super low power (SLP) for mobile and consumer applications and 28nm high performance (HP) for applications requiring maximum performance.

"The success of the next generation of mobile products will be increasingly dependent on their ability to deliver PC-class performance, a highly integrated rich media experience and longer battery life," said GLOBALFOUNDRIES chief operating officer Chia Song Hwee. "These demands are going to require a strong technology foundation and close collaboration between industry leaders to enable an increasing number of design companies to unlock this innovation. We are working closely with ARM to optimize the physical IP and implementation of the Cortex-A9 processor with our proven manufacturing experience in high-volume, advanced technology products, to deliver a fully integrated platform for leading-edge wireless products and applications."

The ARM and GLOBALFOUNDRIES SoC platform is based on the ARM Cortex- A9 processor, optimized ARM physical IP and GLOBALFOUNDRIES' 28nm Gate-First High-K Metal Gate (HKMG) process. Together, ARM and GLOBALFOUNDRIES will enable manufacturers of embedded devices such as smartphones, smartbooks, tablets and more to address increasing design and manufacturing complexities while reducing time to volume production at mature yields. GLOBALFOUNDRIES expects to start production on these next-generation technologies in 2H 2010 at Fab 1 in Dresden, Germany.

As the market for "smart" mobile products continues to accelerate there is a clear need for increased performance to enable continued innovation in mobile applications. GLOBALFOUNDRIES' 28nm process with Gate-First HKMG technology provides significant performance gains over the previous generation 40/45nm technologies. Current estimates show 28nm with HKMG will provide approximately 40 percent higher performance within the same thermal envelope, delivering improved application performance and enriched multi-tasking capabilities on mobile devices. GLOBALFOUNDRIES is well positioned to bring this technology to market rapidly while offering customers the benefits of the widely adopted Gate-First approach to HKMG. The Gate-First approach enjoys broad industry support from many of the world's largest IDMs and fabless design companies.

Also, improvements in power efficiency are necessary with each new technology generation to deliver longer talk/standby time, multimedia playback and interactive gaming and graphics. The combined benefits of ARM IP and GLOBALFOUNDRIES 28nm HKMG process enables up to a 30 percent reduction of power consumption and 100 percent increase in standby battery life compared to 40/45nm.

"The transition to the 28nm technology node will be an important inflection point for wireless technology," said ARM president Tudor Brown. "Our collaboration with GLOBALFOUNDRIES will enable customers to rapidly bring high-performance, low-power ARM technology-based designs to market on a 28nm HKMG technology that is ready for high-volume implementation. The combination of GLOBALFOUNDRIES technology, our leading physical IP solutions, and the full internet capabilities delivered by ARM processors results in a powerful integration of processing, graphics and power efficiency."

GLOBALFOUNDRIES is the leading foundry with experience in manufacturing high-performance integrated processors using HKMG technology. This experience will give customers at 28nm an industry-leading time-to-volume capability on this new technology.

In addition to the partnership with GLOBALFOUNDRIES, ARM has established strategic relationships with other members of the IBM Joint Development Alliance to enable the development of optimized processor and physical IP tuned to the HKMG process. ARM will be showcasing the first 28nm wafer with HKMG technology at Mobile World Congress demonstrating the advantages of early enablement with their foundry partners to accelerate the migration to advanced node design in next generation SoCs.

The GLOBALFOUNDRIES booth is located in Hall 1, Stand 1F14. The ARM booth is located in Hall 1, Stand 1C01.

About ARM

ARM designs the technology that lies at the heart of advanced digital products, from wireless, networking and consumer entertainment solutions to imaging, automotive, security and storage devices. ARM's comprehensive product offering includes 32-bit RISC microprocessors, graphics processors, video engines, enabling software, cell libraries, embedded memories, high-speed connectivity products, peripherals and development tools. Combined with comprehensive design services, training, support and maintenance, and the company's broad Partner community, they provide a total system solution that offers a fast, reliable path to market for leading electronics companies. Find out more about ARM by following these links:

ABOUT GLOBALFOUNDRIES

GLOBALFOUNDRIES is the world's first full-service semiconductor foundry with a truly global manufacturing and technology footprint. Launched in March 2009 through a partnership between AMD [NYSE: AMD] and the Advanced Technology Investment Company (ATIC), GLOBALFOUNDRIES provides a unique combination of advanced technology, manufacturing excellence and global operations. With the integration of Chartered in January 2010, GLOBALFOUNDRIES significantly expanded its capacity and ability to provide best-in-class foundry services from mainstream to the leading edge. GLOBALFOUNDRIES is headquartered in Silicon Valley with manufacturing operations in Singapore, Germany, and a new leading-edge fab under construction in Saratoga County, New York. These sites are supported by a global network of R&D, design enablement, and customer support in Singapore, China, Taiwan, Japan, the United States, Germany, and the United Kingdom.

For more information on GLOBALFOUNDRIES, visit http://www.globalfoundries.com.

Contacts:

GLOBALFOUNDRIES
Jon Carvill
408-338-8113
Jon.Carvill@globalfoundries.com		 ARM
Erik Ploof
425-785-1352
Erik.Ploof@arm.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.