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| ProCurve Networking by HP Joins Ethernet Alliance
to Drive Adoption of Ethernet in the Enterprise
PALO ALTO, Calif., Aug. 1, 2006 - ProCurve Networking by HP today announced that it has joined the Ethernet Alliance, an industry group dedicated to the continued success and expansion of Ethernet technology. ProCurve joins as a principal member and has been appointed as a voting member to both the marketing and technical committees.
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"The Ethernet Alliance is committed to the continued success and expansion of Ethernet technology, and ProCurve is pleased to support this alliance as a principal member," said Paul Congdon, chief technology officer, ProCurve Networking. "We plan to use our experience with innovation and leadership in the Ethernet space to aid the alliance in its mission to promote industry awareness and advancement of Ethernet technology."
ProCurve has a long history with standards development and fostering the advancement of Ethernet based technologies, from the creation of 10BASE-T through to leadership of current standards such as 802.3AN 10GBASE-T and 802.3AK CX-4.
"The Ethernet Alliance truly represents the diversity of Ethernet from the carrier to the consumer," said Brad Booth, president, Ethernet Alliance. "We are especially pleased to have ProCurve as a member of the Ethernet Alliance and look forward to welcoming them to help drive the development of the next generation of Ethernet standards."
The Ethernet Alliance was created to promote industry awareness, acceptance and advancement of technology and products based on existing and emerging IEEE 802 Ethernet standards. The organization accelerates industry adoption and removes barriers to market entry by providing a cohesive, market responsive, industry voice on IEEE 802 Ethernet projects.
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About ProCurve Networking by HP
The ProCurve Networking business unit of HP delivers enterprise networking solutions comprising wired and wireless LAN and WAN networking products, services and solutions. Recognizing the necessary migration of intelligence and functionality to the network edge, the ProCurve Adaptive EDGE Architecture strategy is the industry's only comprehensive and inclusive network design strategy that is adaptable, scalable and completely interoperable for achieving command from the center with control to the network edge. ProCurve was positioned in the challenger quadrant in research and advisory firm Gartner, Inc.'s 2004 Magic Quadrant Report for Global Campus LANs.
Further information on ProCurve networking solutions and products is available at www.procurve.com.
About HP
HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, global services, business and home computing, and imaging and printing. For the four fiscal quarters ended April 30, 2006, HP revenue totaled $88.9 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at www.hp.com.
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(1) All prices are estimated U.S. list prices. Actual prices may vary.
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 anticipated operational and financial results; statements of expectation or belief; and any statement of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the achievement of expected results and other risks that are described from time to time in HP's Securities and Exchange Commission reports, including but not limited to the risks described in HP's Quarterly Report on Form 10-Q for the fiscal quarter ended Jan. 31, 2006, and other reports filed after HP's Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2005. HP assumes no obligation and does not intend to update these forward-looking statements.
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