May 3, 2006 – Intel Corp. plans to invest more than $1 billion over the next five years to help develop technology accessibility, connectivity, and education in developing regions worldwide.

Among the top objectives of the World Ahead program is extending broadband PC access through affordability, access and content, tailored to regional needs, building on the company’s efforts in India. Intel also plans to train millions of teachers and students on the use of technology in education — helped by a donation of 100,000 PCs to classrooms in developing nations — and expand wireless broadband Internet access, including broad promotion of WiMAX trials and deployments.

“Decades of providing technology in growing volume and at decreasing costs have driven great gains for developing nations, communities and people worldwide, but there is still much to do,” said Paul Otellini, Intel president and chief executive officer. “While affordability of PCs is crucial, the World Ahead Program goes beyond simple cost to develop the right systems tailored to local needs, drive critical connectivity, cultivate sustainable local capabilities and provide the quality education needed to make a meaningful difference in people’s lives.”

Intel has long supported and promoted technology adoption in developing regions, investing roughly $100 million/year working with developing nations’ governments and educators. Last year, the company worked to develop dozens of government-assisted programs to help people purchase or lease approximately 8.5 million PCs. Its “Discover the PC Initiative” is working to develop specific types of PCs targeted to needs of developing regions, focusing on low-cost, easy-to-use technologies. Intel also has launched programs targeting students in dozens of countries, and supports the annual International Science and Engineering Fair, offering more than $3 million in awards and scholarships.