News release

HP Stakes Claim in Mobile e-Services Management Market

Nextenso, Nokia and TANTAU Collaborate with HP OpenView for Development of Mobile e-Services Management Software

BERLIN, HP OpenView Universe and Symposium, Nov. 14, 2000

Hewlett-Packard Company (NYSE: HWP) today defined the next-generation of management software with the unveiling of its mobile e-services management initiative, a superior solution set providing customers with wireless infrastructures. Additionally, the HP OpenView mobile e-services management initiative is designed to provide its telecommunications customers and service providers greater infrastructure management and security solutions needed to win in the wireless environment.

"HP OpenView is focused on managing an 'always on, always there' wireless environment because there shouldn't be any loss of quality for customers wanting to access services from wired or wireless devices," said Patty Azzarello, vice president and general manager, HP OpenView Software Business Unit. "As the world migrates to a mobile economy, HP OpenView intends to extend its leadership in the management software solutions arena by meeting the demanding needs of mobile services providers."

Leading the wave of change in today's mobile economy, HP continues to empower service providers to meet the wireless management challenge by enabling graduated levels of service through policy-based management, by ensuring that transactions can be monitored and metered from end-to-end, and by providing secure transaction environments.

"Understandably, much of the hype surrounding the management of mobile computing is centered around the management of the devices," said Tom Scholtz, senior program director, META Group. "However, the critical differentiator will be the ability to deliver on availability, performance and security expectations by effectively managing the underlying infrastructure -- such as servers and networks -- and applications, rather than the devices themselves."

Partner Solutions

Through the deployment of HP OpenView solutions and associated Smart Plug-Ins (SPIs), which have been developed jointly with wireless partners such as Nextenso, Nokia and TANTAU, HP OpenView now provides among the largest breadth of mobile management available in today's software management market.

Among the monitoring instrumentation HP OpenView has developed is the SPI for the Nokia Activ Server that enables the monitoring of event management, performance management and reporting within the overall network environment. The world's most widely used WAP server from Nokia is an open and secure platform that enables mobile connectivity to a company's legacy information systems, Internet and extranet services.

Together with TANTAU, HP OpenView developed a SPI that enables financial services institutions to have a single management console for their Internet and wireless infrastructures. TANTAU's highly scalable and secure platform for wireless mobile e-commerce is dedicated to mission-critical applications and, when integrated with HP OpenView, provides financial services enterprises with one of the most manageable wireless solutions available.

The solution from HP and Nextenso provides customers a tightly integrated, industry-leading application management environment that allows the operator, the Internet Service Provider (ISP) or the enterprise to add value and generate revenue streams. With the deployment of HP OpenView, customers are able to provide fault monitoring and performance management for Nextenso's Internet portal software suite.

Currently, the Nokia SPI is available through HP and the Nextenso SPI is available through Nextenso. The TANTAU SPI is expected to be generally available in February 2001.

About HP OpenView

HP OpenView is the world's leading provider of Internet and e-services management solutions. HP OpenView's unmatched suite of integrated solutions and services drives Internet business success by enabling Internet businesses of all kinds to provide the fastest, most reliable customer experience. HP OpenView solutions are at work in more than 135,000 multivendor distributed computing environments worldwide. Together with offerings from more than 200 partners, HP OpenView offers a complete portfolio of services and management solutions on all major platforms.

Information about HP OpenView and its solutions can be found on the World Wide Web at http://www.openview.hp.com.

About HP

Hewlett-Packard Company -- a leading global provider of computing and imaging solutions and services -- is focused on making technology and its benefits accessible to individuals and businesses through simple appliances, useful e-services and an Internet infrastructure that's always on.

HP has 86,000 employees worldwide and had total revenue from continuing operations of $42.4 billion in its 1999 fiscal year. Information about HP and its products can be found on the World Wide Web at http://www.hp.com.

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. All statements other than statements of historical fact are forward-looking statements. Risks, uncertainties and assumptions include the possibility that the market for the sale of certain products and services may not develop as expected; that development of these products and services may not proceed as planned; and other risks that are described from time to time in HP's Securities and Exchange Commission reports, including but not limited to the annual report on Form 10-K for the year ended Oct. 31, 1999, and subsequently filed reports. If any of these risks or uncertainties materializes or any of these assumptions proves incorrect, HP's results could differ materially from HP's expectations in these statements. HP does not intend to update these forward-looking statements.