Press Release: November 20, 2003

HP and Cap Gemini Ernst & Young Expand Global Alliance to Deliver Storage Management Solutions

Companies sign accord to provide information lifecycle management solutions to enterprise customers across continents
PALO ALTO, Calif., and PARIS, Nov. 20, 2003

HP (NYSE:HPQ) and Cap Gemini Ernst & Young (CGE&Y) today announced that they have signed a Memorandum of Understanding to deliver a broad range of storage management services and solutions, including information lifecycle management. Cap Gemini Ernst & Young plans to use its business consulting and services expertise to work with HP's storage hardware and software business to provide comprehensive solutions for enterprise customers.

Extending their global alliance agreement, the collaboration complements the HP Adaptive Enterprise strategy to tighten the linkage between business and IT and CGE&Y's Adaptive IT approach to infrastructure, information, applications processes and organizational structure.

Under the terms of the document, CGE&Y has named HP as a preferred provider of systems, storage, consulting and support for joint HP storage engagements. Similarly, CGE&Y is a preferred, external systems integrator for HP storage solutions and related services.

"This extended alliance with CGE&Y provides enterprise customers across the globe with a comprehensive source for more complete, integrated solutions and services, including Information Lifecycle Management, an area that completely changes the way customers buy technology and use data," said Bob Schultz, general manager and senior vice president, Network Storage Solutions, HP. "We're committed to providing customers with the best solutions and a range of choice from HP and its partner companies. Today's announcement will enable customers to benefit from reduced business risk and improved service levels."

Customers can expect to benefit from the complementary services and solutions expertise offered by CGE&Y and HP. The companies plan to focus on storage solutions that address the migration, back up, optimization and retrieval of information from leading database and application providers, including Oracle, SAP and Siebel Systems. In addition, HP intends to train an initial 100 storage architects at CGE&Y to help design, implement and deploy storage solutions for enterprise customers in Europe, North America and Asia.

"Cost reduction is important for our clients," said Rob van de Star, global vice president of Sales Technology Services, CGE&Y. "They are also demanding increased agility to influence their top line. We at CGE&Y are proud to blend HP's adaptive storage solutions with our in-depth IT expertise and industry knowledge to respond to their needs."

New compliance regulations, the increased volume of business audits, the need to keep better track of records due to increased threat of litigation, and pressure for return on storage investments are all triggering significant technology events. To respond, companies need to efficiently and effectively access, manage and retain their data at the systems level. More than ever, enterprises are selecting IT partners who can reliably help them create and manage their information from the desktop to the data center. HP and CGE&Y's collaboration is designed to extend and expand the range of storage solutions and services available to help customers meet these compelling business requirements.

HP and CGE&Y will help customers measure, assess and maintain a dynamic link between business and IT by architecting and integrating heterogeneous environments. As a result of the MOU, the companies plan to deliver several storage solutions, including:

  • Information Lifecycle Management: Helps IT management and the business to capture, retain and access relevant data to support compelling business needs.

  • Storage Consolidation, which includes data migration: Design storage networks based on industry-standard technologies that centralize and index information, boost system performance and optimize resources to reduce the total cost of ownership.

  • Business Continuity and Disaster Recovery: Implement contingency plans to prepare for natural disasters, security breaches or other threats, including planned downtime, that otherwise force networks to shut down.

  • High availability: To minimize downtime and reduce storage infrastructure costs.

HP and CGE&Y have a long-standing relationship extending more than 15 years. More than 1,000 enterprise customers benefit from the companies' shared commitment and expertise to deliver an improved return on IT.

About Cap Gemini Ernst & Young

The Cap Gemini Ernst & Young Group is one of the world's largest providers of Consulting, Technology and Outsourcing services. The company helps businesses implement growth strategies and leverage technology. The organization employs approximately 50,000 people worldwide and reported 2002 global revenues of 7.047 billion euros. More information about individual service lines, offices and research is available at

About HP

HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing. For the fiscal year ending on Oct. 31, 2003, HP revenue totaled $73.1 billion. More information about HP is available at

This news release contains forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they never materialize or prove incorrect, could cause the results of HP and its consolidated subsidiaries to differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any projections of earnings, revenues, or other financial items; any statements of the plans, strategies, and objectives of management for future operations; any statements concerning proposed new services or developments; any statements regarding future economic conditions or performance; statements of belief and any statement of assumptions underlying any of the foregoing. The risks, uncertainties and assumptions referred to above include employee management issues; the timely development, production and acceptance of services and their feature sets; the challenge of managing asset levels, including inventory; the difficulty of keeping expense growth at modest levels while increasing revenues; and other risks that are described from time to time in HP's Quarterly Report on Form 10-Q for the period ended July 31, 2003 and HP's other Securities and Exchange Commission reports filed after HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2002. HP assumes no obligation and does not intend to update these forward-looking statements.

About HP

HP Inc. creates technology that makes life better for everyone, everywhere. Through our portfolio of printers, PCs, mobile devices, solutions, and services, we engineer experiences that amaze. More information about HP Inc. is available at