News release

HP Introduces Security Products to Maximize Data Protection and Minimize Risk for Businesses

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HP today strengthened its security portfolio, HP Secure Advantage, with the introduction of several products that increase data protection and compliance in storage environments.

New to the portfolio are a secure fabric switch; an encryption kit for tape autoloaders and libraries; integration of compliance and key management appliances; and, an online security assessment tool.

These offerings provide customers with a holistic approach to data security, from evaluating existing security strategies to identifying and combating potential security threats. As a result, companies can reduce the risk of security breaches, achieve regulatory compliance and safeguard against lost intellectual property, revenue or corporate reputation.

“Companies of all sizes are grappling with how to handle increased business risks associated with data center sprawl, network attacks and new regulatory pressures,” said Jon Oltsik, senior analyst of Information Security at analyst firm Enterprise Strategy Group. “The breadth of HP’s Secure Advantage portfolio, combined with its services strength, addresses evolving challenges with security and compliance.”

In a recent survey of technology security professionals, respondents cited data protection as their No. 1 priority for 2008. The survey revealed that the number of company records exposed due to security breaches increased threefold in 2007 over the previous year.⁽¹⁾

HP has been protecting the majority of the world’s financial transactions for the past 35 years, safeguarding ATM, point-of-sale networks, credit card information and electronic funds transfers. HP Secure Advantage bolsters this effort by delivering a portfolio of servers, storage, software and services that provides customers with integrated security solutions – from the desktop to the data center.

Data protection and compliance in storage environments

HP added new storage encryption, key management and compliance capabilities to its Secure Advantage portfolio, including:

• The HP C-Series MDS 9000 Storage Media Encryption (SME) fabric switch secures data stored on tape drives and virtual tape libraries in a storage area network environment. The SME feature is designed to run on the MDS 9000 family, offering encryption and key management functionality for legacy tape devices to ensure maximum protection of existing product investments.
• The HP StorageWorks 1/8 G2 & MSL LTO-4 Encryption Kit offers small to midsize businesses data encryption capabilities. This easy-to-install encryption accessory kit is designed specifically for the HP 1/8 G2 Tape Autoloader and MSL Tape Libraries with LTO-4 tape technology. It generates and retains encryption keys so critical business information remains private in the event that tapes are lost or stolen.
• HP has integrated the HP StorageWorks Secure Key Manager with the HP Compliance Log Warehouse to deliver a comprehensive compliance validation solution for LTO-4 enterprise tape libraries. The combined solution provides a secure audit trail through features that centralize event log collection and long-term retention. The HP Compliance Log Warehouse also collects the business intelligence needed to generate regulatory reports for forensic investigations with a single click of the mouse.
• The HP Storage Security Assessment tool, available on the HP website, enables customers to gauge their most critical storage privacy vulnerabilities online and free of charge. Customers answer a series of questions and receive a personalized report to better manage risk, protect sensitive data and comply with data privacy regulations. This tool was developed by the HP Consulting & Integration Security and Risk Management Practice.

Information about additional new solutions and services that bolster the HP Secure Advantage portfolio is available at www.hp.com/go/secureadvantageadvisory.

Pricing and availability⁽²⁾

The MDS 9222i switch combined with the SME License to Use (LTU) is now available with a U.S. list price of $83,500.

The HP StorageWorks 1/8 G2 & MSL 2024/4048/8096 LTO-4 Encryption Kit is expected to be available in June with a U.S. list price of $2,500.

The Secure Key Manager cluster has a U.S. list price of $100,000 and the Compliance Log Warehouse has a U.S. list price that starts under $125,000. Both are currently available.

About HP

HP focuses on simplifying technology experiences for all of its customers – from individual consumers to the largest businesses. With a portfolio that spans printing, personal computing, software, services and IT infrastructure, HP is among the world’s largest IT companies, with revenue totaling $107.7 billion for the four fiscal quarters ended Jan. 31, 2008. More information about HP (NYSE: HPQ) is available at www.hp.com.

⁽¹⁾ Enterprise Strategy Group, “Security 2008: Observations and Trends,” January 2008.

⁽²⁾ Special promotional pricing is available for the HP StorageWorks Secure Key Manager System.

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 January 31, 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.

© 2008 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.