Compaq Regains #1 Market Share in U.S. and North America for Industry Standard Servers
HOUSTON, November 19, 2001
Compaq Computer Corporation (NYSE: CPQ) today announced it has regained the #1 market share position for industry-standard (Intel architecture) servers in both the U.S. and North America for Q3 2001. According to statistics released by industry research firm Dataquest, Compaq ProLiant servers gained two percentage points of market share in the U.S. sequentially, and more than two points in North America. Dataquest figures also indicate that Compaq has grown faster than any other major competitor for the past two quarters in this segment. In achieving this, the company also announced that it has recently reached the unprecedented milestone of having shipped its 5 millionth ProLiant server.
"Our market share gains in the third quarter are particularly significant given the general economic climate and our ongoing operational improvements, such as reducing overall inventory, decreasing delivery lead times and dramatically increasing inventory turns, that will make us an even more formidable competitor when the market recovers," said Mary McDowell, senior vice president and general manager, Compaq Industry Standard Server Group. "This momentum underscores the strong customer loyalty and preference for the advantages that the ProLiant brand brings themthe highest levels of performance and reliability backed up by the most comprehensive and widely-used management toolsthat translate into long term cost savings for customers."
Founded in 1982, Compaq Computer Corporation ("Compaq") is a leading global provider of enterprise technology and solutions. Compaq designs, develops, manufactures and markets hardware, software, solutions and services, including industry-leading enterprise storage and computing solutions, fault-tolerant business-critical solutions, communication products, and desktop and portable personal computers that are sold in more than 200 countries. Information on Compaq and its products and services is available at http://www.compaq.com.
Compaq and the Compaq logo are trademarks of Compaq Information Technologies Group, L.P. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies.
This news release may contain forward-looking statements that involve risks, uncertainties and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the possibility that the Hewlett-Packard/Compaq merger does not close or that the companies may be required to modify aspects of the transaction to achieve regulatory approval or that prior to the closing of the proposed merger, the businesses of the companies suffer due to uncertainty; 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; that Compaq and Hewlett-Packard are unable to transition customers, successfully execute their integration strategies, or achieve planned synergies; other risks that are described from time to time in Compaq and Hewlett-Packard's Securities and Exchange Commission reports (including but not limited to Compaq's annual report on Form 10-K for the year ended December 31, 2000, HP's annual report on Form 10-K for the year ended October 31, 2000, and subsequently filed reports). If any of these risks or uncertainties materializes or any of these assumptions proves incorrect, Compaq's results could differ materially from Compaq's expectations in these statements. Compaq assumes no obligation and does not intend to update these forward-looking statements.