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Compaq's Environmental Compliance System, eFACTS, Wins Enterprise Value Award From CIO Magazine (Advisory)
HOUSTON, February 25, 2002
An environmental compliance tracking system called eFACTS, designed by Compaq Computer Corporation (NYSE: CPQ) for the State of Pennsylvania, has received CIO Magazine's 2002 Enterprise Value Award.
eFACTS, which stands for Environment, Facility, Application, Compliance Tracking System, is an online database that enables the tracking of information about environmentally regulated programs, properties, businesses, clients and facilities. Designed at the direction of then-Governor Tom Ridge, eFACTS was developed in cooperation with the Pennsylvania Department of Environmental Protection (DEP) to help protect the Commonwealth's air, land and water from pollution, and provide for the health and safety of its citizens through a clean and safe environment.
Since its inception six years ago, eFACTS has helped to manage more than 150,000 environmental permits. Much of the eFACTS information is available online so citizens can track the environmental permits and learn about pollution at the local level.
More information about the eFACTS CIO 2002 Enterprise Value Award is available on the CIO Web site at http://www.cio.com/archive/020102/dep.html.
Company Background
Founded in 1982, Compaq Computer Corporation is a leading global provider of enterprise technology and solutions. Information on Compaq and its products and services is available at http://www.compaq.com.
Notes:
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 document contains 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, 2001, HP's annual report on Form 10-K, as amended on January 30, 2002, for the fiscal year ended October 31, 2001, 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.
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