Press Release:

HP Launches Software Suites that Speed Web Services, Revenues for Enterprises and Service Providers

HP Netaction Leverages Bluestone Acquisition, Interoperates with Expanded HP OpenView Capabilities

Hewlett-Packard Company (NYSE: HWP) today unveiled two flexible and interoperable software suites, HP Netaction and HP OpenView, that enable enterprises and service providers to quickly develop customer-driven capabilities and generate revenue. The software suites encompass over 25 new offerings and advance HP's vision for service-centric computing, in which Internet-based e-services create economic ecosystems where businesses of all sizes can participate and grow.

The HP Netaction suite enables customers to quickly develop, integrate and deploy e-services. HP Netaction integrates technologies from recently acquired middleware leader Bluestone Software into HP's existing software portfolio, which includes HP e-speak and HP Process Manager. Already the world's leading Internet and e-services management solution managing 70 percent of all devices on the Internet, HP OpenView will become the family name for an expanded software management suite which provides a complete, flexible infrastructure enabling rapid development, integration and manageability.

"Nearly two years ago, HP predicted that intelligent, useful e-services would drive the next wave of business development opportunities. As that vision takes root in the world economy, businesses increasingly require a strong, flexible software foundation that lets them change, grow and compete," said Bill Russell, vice president, HP Software Solutions Organization. "Today, HP is meeting that need with an open standards, multi-OS approach to software that allows enterprises or service providers to easily develop, integrate, deploy and manage their Web services."

"Clearly, HP is serious about software," said P. Kevin Kilroy, former CEO of Bluestone Software and current vice president and general manager, HP Middleware Division. "By integrating Bluestone so creatively, HP can immediately leverage a highly compatible application server based on vendor-neutral J2EE and XML standards that are also compatible with .NET environments. We have extended the reach of HP's Internet operating environment by delivering tools and technology that seamlessly integrate with customer and partner capabilities."

"In the software world, there is a clear opportunity for any vendor that can bridge the two worlds of Java and Microsoft," said Dwight Davis, analyst for Summit Strategies, Inc. "Interoperability and flexibility are key."

HP's newly structured, comprehensive software platform allows for rapid implementation of new capabilities and delivers an optimal experience for customers. Consonus, a Utah-based service provider, is focused on setting a new standard for end-to-end Internet delivery and has positioned HP software at the foundation of its extensive array of services.

"With HP technology we're able to build the always-on delivery infrastructure that is essential to enabling emerging m-commerce and other exciting e-services that are just on the horizon," said Steve Eror, Consonus president and CEO. "We're proud of our long-standing relationship with HP and know together we are creating the infrastructure needed to help turn e-services from a vision into a reality."

HP Netaction and HP OpenView are available immediately from HP's worldwide distribution channels as well as through HP Consulting.

About HP

Hewlett-Packard Company -- a leading global provider of computing and imaging solutions and services -- is focused on making technology and its benefits accessible to individuals and businesses through simple appliances, useful e-services and an Internet infrastructure that's always on.

HP has 88,500 employees worldwide and had total revenue from continuing operations of $48.8 billion in its 2000 fiscal year. Information about HP and its products can be found on the World Wide Web at

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 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 the annual report on Form 10-K for the year ended Oct. 31, 2000, 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 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