News release

HP a Leader in the Organic IT Movement, Says Analyst Firm

Forrester's "Organic IT" Wave Brief Highlights HP's Strategy and Offerings

HP (NYSE:HPQ) today announced that it was among the select companies that Forrester invited to participate in its April 11, 2003, Forrester Wave Brief, titled "HP and IBM Lead As Organic IT Contractors." In this evaluation, HP was cited as a leader in overall Organic IT data center development.

The findings were based on HP's products for server provisioning and storage virtualization technology and better product roadmap -- advantages Forrester says are critical to making an immediate impact, as well as being on the path to Organic IT.

With customers demanding more, HP's adaptive infrastructure solutions (the company's term for Organic IT) provide companies with real-time business value, including greater accountability, agility and a higher return on investment.

By collaboratively working with customers, HP designs, implements, supports and manages IT solutions that enable customers to streamline business processes and lower costs. Customers can ultimately experience greater business agility and ease in adapting their businesses. HP is among the few systems vendors to have the full suite of products, services and expertise needed to play the key role of an Organic IT vendor, according to the report.

"Forrester's report confirms what the market already knows to be true: HP's adaptive infrastructure solutions, including the HP Utility Data Center, clearly demonstrate that HP currently is a leader in Organic IT," said Nick van der Zweep, director of utility computing, HP Enterprise Systems Group.

HP is the leading vendor of adaptive infrastructure solutions on the market today. For example, with the HP UDC, enterprises can double their data center efficiency; realize a reduction in total cost of ownership by accessing capacity as they need it, when they need it; and move entire systems into applications and drag-and-drop resources on the fly. Moreover, all system changes are done outside of the computer room; not a single wire or server needs to be touched.

HP has sold more than 218,000 licenses of key technologies enabling customers to more effectively run and adapt their infrastructures according to their particular business requirements. This includes more than 10,000 on-demand server licenses delivering true, usage-based utility computing.

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.