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Alcatel Selects HP's
Managed Printing and Copying Operations for More Than 100
European Sites
HP's Fully Integrated Services Offer Alcatel Expected Savings of 30 Percent on Existing Printing and Copying Budget
SAN JOSE, CALIF., MAY 6, 2003
In conjunction with its Adaptive Enterprise launch today,
HP (NYSE:HPQ) announced
a major services agreement with Alcatel (Paris:CGEP.PA and
NYSE:ALA) worth US$45 million.
Under this contract, HP
has agreed to audit and redesign Alcatel's installed printing
and copying base, replacing printers and copiers throughout
Europe with a complete managed print service designed to give
Alcatel a more flexible output production environment and
increase operational efficiencies.
This managed service uses HP's
latest technology including multi-function printers offering
scanning, faxing, copying and e-mail file transfer functionalities.
It is complemented by integrated management tools enabling
daily accounting and tracking of print volumes and jobs. Because
these tools make Alcatel's usage of the output environment
across offices transparent, Alcatel can easily manage costs
on a utility pricing model.
"This five year contract will contribute to our fixed
cost reduction program and we expect to decrease our current
printing and copying costs by 30 percent," said Jean-Jacques
Lang, director of corporate purchasing, Alcatel. "We
wanted to move from a product approach to an ‘all-in-one'/all
service approach, which HP
has rightly understood and been able to meet."
"The project leverages the breadth of experience that
we have across HP, combining
the expertise in solutions and services that our customers
want and value," said Steve Culhane, vice president and
general manager, HP Imaging
and Printing Services. "With Alcatel, we placed their
requirements at the center of the solution development to
provide them with a system that ensured their business agility."
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 development and performance of products and services may not proceed as planned; that benefits expected to be realized from contracts may not materialize to the extent or in the timeframe anticipated; 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 quarterly report on Form 10-Q for the quarter ended January 31, 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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