SANTA CLARA, Calif., July 15, 2003 – Intel Corporation kicked off the first of several worldwide events celebrating the company's first 35 years by preserving state-of-the-art technology products in a “time capsule” ceremony at its headquarters here today. Two of the company's founders, Gordon Moore, Intel chairman emeritus, and Andy Grove, Intel chairman, addressed employees to mark the 35th anniversary of the company that began as a Silicon Valley startup, created the microprocessor, and went on to become the world's largest chipmaker. They were joined by Craig Barrett, Intel chief executive officer, and Paul Otellini, Intel president and chief operating officer.

Founded in 1968 by the late Robert Noyce, Gordon Moore and Andy Grove, Intel has grown to 78,000 employees, operating in more than 40 countries. Employees across the globe will celebrate their tenure this week at Intel, including long-term employees Paul Metrovich, a 34-year Intel veteran who knew Intel’s first 150 employees personally, employee #177 Logan Sage and employee #227 Tony Martinez.

“We have a 35-year foundation of excellence that has set the stage for the ideas and innovations that will keep Intel at the top of a very competitive, worldwide industry,” said Barrett. “We have literally changed the world and we will continue to change the world. That's what we are celebrating.”

The time capsule contains items submitted from Intel sites from around the world, including a state-of-the-art 300-millimeter wafer from Oregon, a microprocessor package from China, and a newspaper from Costa Rica. A wooden box carved from an olive tree comes from Israel -- home to one of the principal design centers for Intel® Centrino™ mobile technology -- and contains a metallic dove, symbolizing Israel’s hope for a future of peace. The time capsule will be opened in 2018 to mark Intel’s 50th anniversary.