<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>settlement.txt
<DESCRIPTION>INTERGRAPH SETTLEMENT
<TEXT>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report: March 30, 2004
(Date of earliest event reported)
INTEL CORPORATION
(Exact Name of Registrant as Specified in Charter)
Delaware 0-06217 94-1672743
(State of (Commission File (IRS Employer
Incorporation) Number) Identification No.)
2200 Mission College Blvd., Santa Clara, CA 95052-8119
(Address of Principal Executive Offices and Zip Code)
(408) 765-8080
(Registrant's telephone number, including area code)
<PAGE>
Item 9. REGULATION FD DISCLOSURE
Attached hereto as Exhibit 99.1 and incorporated by
reference herein is information relating to a
settlement of the patent infringement suit between
Intel Corporation and Intergraph Corporation pending
in U.S. District Court for the Eastern District of
Texas as presented in a press release of March 30,
2004. The information in this report shall be deemed
incorporated by reference into any registration
statement heretofore and hereafter filed under the
Securities Act of 1933, as amended, except to the
extent that such information is superceded by
information as of a subsequent date that is included
in or incorporated by reference into such
registration statement. The information in this
report shall not be treated as filed for purposes of
the Securities Exchange Act of 1934, as amended.
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
Date: March 30, 2004 INTEL CORPORATION
(Registrant)
By: /s/F. Thomas Dunlap, Jr.
------------------------
F. Thomas Dunlap, Jr.
Senior Vice President,
General Counsel
<PAGE>
EXHIBIT 99.1
PRESS RELEASE
INTEL SETTLES INTERGRAPH PATENT LITIGATION
SANTA CLARA, Calif., March 30, 2004 - Intel Corporation today
announced it has settled the remaining issues in a patent
infringement suit pending in U.S. District Court in Marshall,
Texas relating to Intel's Itanium(R) microprocessors. Under terms
of the settlement Intel and Intergraph will move for dismissal of
the case with prejudice. As a result, neither company has any
further financial obligations under an earlier April 2002
settlement agreement.
In addition, under terms of the current settlement Intergraph has
granted Dell Inc. certain licenses to Intergraph patents and
agreed to dismiss Intergraph's separate pending litigation
against Dell. Intergraph sued Dell for patent infringement in
December 2002. This agreement gives Dell a license to all
Intergraph-owned patents, and covers past, present and future
Dell products. Dell has a unique indemnity agreement with Intel
that Dell claims obligates Intel to indemnify the company from
patent infringement claims in the litigation which relate to
combining Intel microprocessors and other components in Dell
systems. Intel disagrees with Dell's interpretation of the
agreement, but has decided to remove the current dispute from the
courts and resolve the disagreement privately.
The new settlement with Intergraph also includes a covenant by
Intergraph not to sue any Intel customers for products that
include Intel microprocessors, Intel chipsets and Intel
motherboards in combination.
As part of the current agreement, Intel will pay Intergraph $225
million. Intel will pay $125 million to Intergraph by April 5 and
$25 million in each of the next four quarters. The accounting
treatment for the settlement has not yet been determined.
However, Intel expects some portion or all of the $225 million
will reduce earnings in the first quarter of 2004.
Intel, the world's largest chip maker, is also a leading
manufacturer of computer, networking and communications products.
Additional information about Intel is available at
www.intel.com/pressroom.
* Other names and brands may be claimed as the property of
others.
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