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EDS, an HP Company, Signs Agreement with Posten to Manage Computing Environment

SOLNA, Sweden, Oct. 3, 2008

EDS, an HP company, today announced that it has signed an agreement with Posten, one of the Nordic region’s largest messaging and logistics operators, to host the company’s end-user computing environment. The contract will begin in July 2009. Financial terms were not disclosed.

The agreement encompasses all workplaces within the Posten group, including Posten Meddelande AB, Posten Logistik AB and Strålfors.

“For Posten, a flexible, cost-efficient, standardized and stable IT environment is a critical factor,” said Joss Delissen, chief investment officer, Posten. “The EDS solution with HP, combined with the Microsoft alliance, is well positioned to meet our needs.”

Under the agreement, EDS will host information technology workplaces , including desktop, email, service desk and other standardized services.

“This is an important strategic relationship for EDS, and we are very happy to become the trusted business ally of a notable company such as Posten,” said Åge Edvardsen, managing director, Nordic Countries for EDS, an HP company.

About Posten

Posten is one of the Nordic region’s largest messaging and logistics operators. With more than 30,000 employees and revenue in excess of SEK 30 billion, Posten is also one of Sweden’s largest corporations. Posten’s clients are large and small enterprises, organizations, private persons and the public sector such as communes and county councils.

About EDS

EDS, an HP company, is a leading global technology services provider, delivering business solutions to its customers. EDS founded the information technology outsourcing industry more than 46 years ago. Today, EDS delivers a broad portfolio of information technology and business process outsourcing services to customers in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries, and to governments around the world.

About HP

HP, the world’s largest technology company, provides printing and personal computing products and IT services, software and solutions that simplify the technology experience for consumers and businesses. HP completed its acquisition of EDS on Aug. 26, 2008. More information about HP (NYSE: HPQ) is available at http://www.hp.com.


This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected results; and other risks that are described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2008 and HP’s other filings with the Securities and Exchange Commission, including but not limited to HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2007. HP assumes no obligation and does not intend to update these forward-looking statements.

EDS and the EDS logo are registered trademarks of Hewlett-Packard Development Company, LP.

HP is an equal opportunity employer and values the diversity of its people. © 2008 Hewlett-Packard Development Company, LP.


Editorial contacts:

Ingrid Fleetwood Hesser — EDS, an HP company: ingrid.fleetwoodhesser@eds.com

Annabelle Baxter — EDS, an HP company: annabelle.baxter@eds.com

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