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Fiorina: HP Makes Strategic Investments in Web Services Management Company Unveils Software, Services, Standards Framework to Help Customers Adopt Web Services, Bridge Competing J2EE and .NET Worlds ORLANDO, Fla., BEA eWorld, March 3, 2003HP (NYSE:HPQ) Chairman and Chief Executive Officer Carly Fiorina today outlined several HP investments and technologies to help customers address key management issues that may inhibit the adoption of Web services. During her keynote address at the eighth annual BEA eWorld user conference, Fiorina focused on the critical role Web services management will play in overcoming IT complexity, unifying systems and accelerating a return on IT investments. HP also announced today the creation of a dedicated Web Services Management team to extend the HP OpenView software suite for simplified Web services management. The team, reporting to Nora Denzel, senior vice president of software, will lead HP's efforts to help customers provision and manage Web services with the choice and flexibility to adopt future innovations, including a consistent management interface for J2EE and .NET components. The team also will continue HP's active work in Web services standards, including W3C, OASIS, Liberty Alliance, OGSA (Open Grid Service Architecture) and Web Service Interoperability Organization (WS-I.org). "Simply put, management is the next major barrier to mainstream Web services adoption," said Fiorina. "As our customers have learned over the past 20 years through trial and error, management cannot be an afterthought in computing systems. It must be part of the design and deployment of IT infrastructures. "Just as the New Economy didn't toss out the fundamentals of business, the Internet and Web services don't toss out your existing infrastructure or the fundamentals of how you run IT. We see Web services as a way to help customers turn complexity into simplicity, bring order from chaos and accelerate return on IT. The services, however, are only as good as the management and that's where HP can make a valuable contribution to our customers, partners and the industry." Fiorina unveiled several investments that HP is making to overcome management barriers to full-scale Web services adoption:
"With the announcement today, enterprise customers can look forward to new and improved ways to simplify the management of Web services," said Alfred Chuang, founder, chairman and chief executive officer, BEA Systems. "We believe this step marks the strengthening of HP's commitment to Web services and we expect the industry to benefit from HP's contribution in this space. As with our existing bundling agreement, BEA and HP will continue to find new ways in which customers will profit from the ongoing strategic alliance between the companies." "Web services management is a strategic initiative that leverages our expertise in service management of voice, data and IT infrastructures," said Denzel, senior vice president, HP Software Global Business Unit. "HP OpenView serves as a common enterprise dashboard for managing complex IT environments, and it's crucial that Web services be manageable within the same framework. Our customers are demanding we focus on this area and HP is uniquely qualified to deliver." HP has already been a key advocate and contributor to Web services standards organizations such as the W3C, Liberty Alliance, OASIS and WS-I.org. "The Web services management area is unclaimed territory and will serve as a key barrier to the adoption of Web services as the development and deployment tools mature," said Corey Ferengul, vice president and principal analyst, META Group. "With entering a new technology domain, such as Web services, and all the uncertainty that accompanies the effort, companies are seeking leadership on how to solve the new operational issues confronting them. Working with leading vendors brings security to the transition." About HP HP is a leading global provider of products, technologies, solutions and services to consumers and businesses. The company's offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing. HP completed its acquisition of Compaq Computer Corporation on May 3, 2002. More information about HP is available 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 statements that could be deemed 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 and performance 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 HP's annual report on Form 10-K for the year ended October 31, 2002, as filed with the Securities and Exchange Commission on January 21, 2003, 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 assumes no obligation to update these forward-looking statements.
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