News release

HP Secures $300 Million Technology Services Agreement with Spain-based FCC to Support Rapid Growth

PALO ALTO, Calif., Jan. 20, 2011

HP Enterprise Services today announced FCC, a Spain-based multinational public services company, has signed a seven-year technology services agreement with Hewlett-Packard Servicios España, S.L.

The agreement is intended to transform FCC’s technology infrastructure to advance the company’s ability to compete internationally; it is valued in excess of $300 million in revenue for HP.

With this agreement, HP will provide data center services and end-user workplace management for the entire FCC organization, which has a presence in 54 countries. FCC’s core businesses are environmental services and water management, construction of large infrastructure, cement production and renewable energy production.

“FCC has grown twofold over the last four years, and we want to increase our competitiveness on an international scale by improving our efficiency and practices,” said Antonio Gómez Ciria, general manager, Administration and IT, FCC. “HP’s innovative, industry-leading infrastructure services will ensure our IT systems meet our critical business requirements as we expand into additional global markets.”

The agreement is part of a broader initiative by FCC to reengineer its management systems to better allocate resources to strategic tasks. Citizen Services Group, FCC’s parent company, intends to apply these same efficiency improvements to all of its international businesses.

HP will provide centralized data center services and consolidate FCC’s distributed data centers into two locations in Madrid, Spain, operated by HP. Through consolidation and standardization, FCC can increase agility, improve visibility over its international operations and lower its operating costs.

HP also will provide workplace services, including delivering service desk services in nine languages to support FCC’s 20,000 worldwide employees. Onsite support and managed print services will keep systems running and users productive. HP’s workplace solutions are based on industry best practices that create consistent, well-integrated and scalable processes and tools to deliver a more agile end-user computing environment.

“To capitalize on its many growth opportunities, FCC needs a technology infrastructure that is available, enables collaboration and adapts easily to change,” said Mike Nefkens, senior vice president and general manager, HP Enterprise Services, EMEA. “Drawing on our extensive expertise in managing technology environments for large global companies, the HP team will help FCC on its journey to become an Instant-On Enterprise.”

In a world of continuous connectivity, the Instant-On Enterprise embeds technology in everything it does to serve customers, employees, partners and citizens with everything they need, instantly.

About Fomento De Construcciones Y Contratas, S.A.

FCC is a Citizen Services company operating in 54 countries. Its annual revenues exceed 12 billion euro and it has 92,000 employees. It obtains 45 percent of revenues from outside Spain, and 54 percent of EBITDA is produced by the Services and Renewable Energy businesses. Please visit http://www.fcc.es for more information.

About HP

HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world’s largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure to solve customer problems. More information about HP (NYSE: HPQ) is available at http://www.hp.com/.

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