News advisory

HP builds telecom and media unit to be solutions powerhouse for customers

PALO ALTO, Calif., Feb.18, 2009

HP today announced it has created a new business unit to address the specific needs of service providers, network equipment suppliers and media companies. The decision, which includes additional investment, reflects HP's commitment to the communications, media and entertainment (CME) industries.

HP Communications & Media Solutions (HP CMS) consolidates the company's telecom and digital content management software with industry-specific professional services capabilities, and extends the company's industry leadership. HP CMS is also closely aligned with recently-acquired EDS, integrating its professional services and offerings for the CME market.

The new unit was created to accelerate solution development and streamline the delivery of solutions, to help communications and media industry customers compete more effectively in a fast-changing market.

HP CMS brings to market complete solutions that include consulting and integration services. As complexity increases, customers need comprehensive solutions that are built with the right mix of both software and services. HP CMS solutions incorporate HP software intellectual property, global services capabilities, server and storage assets, as well as contributions from a large partner community.

Residing within the HP Software and Solutions business, HP CMS incorporates the resources of the HP Communications, Media & Entertainment (CME) unit, the HP OpenCall business unit, and the global CME consulting and integration practices.

"Service providers can reduce cost and risk, while still growing revenue -- by tapping into the HP CMS solutions powerhouse," said Erwan Menard, vice president and general manager, Communications & Media Solutions, HP. "Our telecom and media customers will see more innovation, faster deployment, and more flexibility in the way they take advantage of HP solutions and services."

Customers need the right balance of software and professional services

HP CMS customers, both telecom service providers and media companies, are facing unprecedented complexity.

Telecoms must bring to market hundreds of new voice and multimedia services that provide a personalized customer experience. Media companies are digitizing their entertainment assets and must adapt to a changing supply chain that involves multiple delivery channels and rapid growth of end-user devices. To meet these challenges, companies are evolving their networks and related operations and business support systems (OSS and BSS).

To provide customers with the right balance of software and services, HP CMS solutions teams draw on internal research and development, partner assets, and intellectual property gained from customer engagements. For professional services, HP CMS is structured to capture methodologies and best practices from all customer engagements around the world — so that the portfolio of expertise is enhanced for other customers.

HP CMS fast-tracks solutions to customers

HP CMS delivers a full portfolio of solutions aligned to the business requirements of telecom and media companies. There are four solutions domains within HP CMS, each of which focuses on a specific set of customer needs:

• Service Delivery Infrastructure and Applications — core network solutions, mobility management, call control, device management, service-oriented-architecture-based service delivery platforms to enable third-party developers and Web 2.0 alignment, subscriber data management, and personalized voice, data and video services.
• Next Generation OSS — service fulfillment including order management and provisioning, service assurance including integrated fault and performance management, and end-to-end service quality management.
• Customer Intelligence & Billing — mediation and real-time charging, data retention and management, and HP CentralView solutions for fraud management, revenue assurance and dealer management.
• Digital Media — digital content management and distribution, as well as storage for media companies.

To provide customers with greater flexibility, HP CMS is leveraging EDS' outsourcing expertise and global portfolio. With EDS, HP can offer service providers and media companies a choice in the way they deploy solutions. They can utilize the HP CMS solutions on an outsourced basis, as managed services, or deploy them as in-house solutions. Either way, HP can provide customers with greater ability to manage cost and risk.

More information on HP CMS is available at www.hp.com/cms.

About HP

HP, the world's largest technology company, simplifies the technology experience for consumers and businesses with a portfolio that spans printing, personal computing, software, services and IT infrastructure. More information about HP (NYSE: HPQ) is available at www.hp.com.

Note to editors: More news from HP, including links to RSS feeds, is available at www.hp.com/hpinfo/newsroom/.

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; any statements regarding 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 macroeconomic and geopolitical trends and events; the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected operational and financial results; and other risks that are described in HP's 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, 2008. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2009 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.