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HP ProCurve Networking wins 'Infrastructure Product of the Year' prize at the Networking Industry Awards 2003

LONDON, UK., JULY 10, 2003 — HP ProCurve Networking today announced that their ProCurve Switch 5372xl was awarded the Infrastructure Product of the Year award at the prestigious UK Networking Industry Awards. The other finalists included Cisco Catalyst 6500 series and PowerDsine Midspan Hub 6012.

The 10th annual industry award presentation was attended by more than a 1000 guests and took place at the Hilton Hotel, NEC Birmingham. The awards are designed to honor leading companies and recognize best practice in the field of networking technologies, products and services.

The awards, organized by CMP Europe in association with leading media sponsors, had more than 300 companies entering in 2003 and are the most respected and sought after awards in networking in the UK.

This year, competition for the awards has never been greater - which is not surprising considering the pressure on businesses to justify and maximize their return on any IT investment. This makes it an even bigger achievement for HP to be the proud winner in the Infrastructure Product of the Year category.

The judges are looking for the most innovative products in the market and for the Infrastructure Product of the Year category the judges were looking for a product that offered reliable cost-effective integration. This award is a real endorsement of HP's position as a leading provider of quality Networking products.

"This is a great recognition" said Jon Weatherall, HP ProCurve Uk & Ireland Manager. Jon continues, "Our goal is to make quality products that are simple to use and bring major benefits to our customers' businesses by providing them with all the latest features at an affordable price. It is great to receive this award as it provides further validation that our customers have made the right choice choosing HP ProCurve."

HP has recently announced an upgrade for the 5300 series:

HP ProCurve Switch 5300xl Series Upgrade

The Switch 5300xl series upgrade includes support for Web-based user authentication enabling the network to detect a Web browser's launch, compare the user/client information to an authorized user list and allow approved guest users to log onto the network. Supporting both wired and wireless functionality without the need for special client software, the Switch 5300xl series upgrade also supports authentication of a broader range of client devices for RADIUS authentication.

Convergence-ready upgrades include PIM dense mode support, automated phone discovery, bandwidth control with guaranteed minimums or enforced maximums and strict queuing via guaranteed minimums.

As part of its efforts to further interoperability - and thereby protect current investments and increase choice and flexibility for customers -- HP ProCurve is introducing a Switch 5300xl series blade based on the proposed IEEE 802.3af standard for supplying Power over Ethernet (PoE) cabling. The PoE standard is designed to reduce the cost and complexity of deploying IP telephones and wireless access points. HP ProCurve expects to deliver the 5300xl series standards-based PoE blade and external power system with up to 15 watts per port in second half of this year.

HP provides networking products, services and solutions -- including Ethernet switches, hubs, routing switches and network-management applications -- that allow customers to build networks that meet current and future needs for security, performance and reliability. More information about HP Procurve networking solutions and products is available at ProCurve Networking by HP Site.

More information about HP ProCurve networking solutions and products, including pricing for the 700wl series products, is available at ProCurve Networking by HP Site.

About HP

HP (NYSE:HPQ) 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 HP Site.

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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 the market for the sale of certain products and services may not develop as expected; that development and performance of these products and services may not proceed as planned; 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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