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HP and Intel Announce Plans to Deliver Intel NetStructure Products to Service Providers
PALO ALTO & SANTA CLARA, Calif.--(BUSINESS WIRE)--Dec. 21, 2000--
Hewlett-Packard Company (NYSE: HWP) and Intel Corporation today
announced that they will immediately work together to offer Intel's
NetStructure(TM) appliances to existing Intel, HP and potential new
customers. As early as March 2001, HP also is expected to release a
family of HP appliances based on Intel's NetStructure product
technology, enhanced by HP's high-quality service and support.
In the Internet economy, servers must be reliable and scalable to
maximize productivity and minimize customer downtime. HP's extensive
experience in the server marketplace, combined with the high
performance and versatility of the Intel® NetStructure appliances,
helps to support HP's vision of an always-on Internet infrastructure.
According to International Data Corporation, the appliance server
marketplace could expand to $11.6 billion by 2004(1) with potential
customers ranging from the enterprise, service provider and dot-com
sectors to small- to medium-sized businesses.
Server appliances are ideal for a broad range of customers -- from
enterprises that require enhanced performance, to service providers
that want dedicated products that are easy to install and maintain.
``Being the first major OEM to work with Intel in the server
appliance market underscores HP's commitment to moving quickly to
address customer needs and gives HP a significant advantage over
competitors,'' said Carly Fiorina, HP chairman, president and chief
executive officer. ``With this plan, HP extends the line of
best-in-class HP Netserver systems and opens the door into a new
market space. In the future HP will continue to identify and work with
industry leaders to offer customers unrivalled, world-class
`always-on' infrastructure solutions.''
``This announcement reflects Intel's commitment to drive the
development of Internet infrastructure with standards-based
communications building blocks and systems,'' said Craig R. Barrett,
Intel president and chief executive officer. ``Together, Intel and HP
have the potential to expand dramatically the distribution of these
products and enhance customers' ability to build complete Internet
solutions.''
The Intel technologies to be adopted by HP include Web hosting,
e-commerce, management, load-balancing, SSL and XML acceleration, and
virtual private networking (VPN) appliance products.
Intel will continue to support existing Intel NetStructure
customers as they plan their Internet datacenter build-outs, and
provide assistance to help them transition to HP products next year.
HP and Intel sales teams also plan to continue to create demand for
solutions based on Intel appliance technology.
HP plans to work closely with Intel to help ensure a smooth
transition for channel partners, allowing them to continue to build
their businesses with the confidence of HP's and Intel's long-term
commitment to Intel technology-based appliances.
About Intel
Intel, the world's largest chip maker, is also a leading
manufacturer of computer, networking and communications products.
Additional information about Intel is available at
http://www.intel.com/pressroom.
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 http://www.hp.com. (1) IDC Bulletin, April 2000: ``Solutions in a Box: Appliance
Servers Shake up the Server Community.''
Intel is a U.S. registered trademark and NetStructure is a
trademark of Intel Corp.
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 both HP and
Intel and their respective consolidated subsidiaries to differ
materially from those expressed or implied by such forward-looking
statements. All statements other than statements of historical fact
are 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 products, 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: that the sale of certain
products and services may not develop as expected; the integration of
Intel's NetStructure technology into HP's product line may not be
successful; the ability to retain and motivate key employees; the
timely development, production and acceptance of products and services
and their feature sets; the challenge of managing asset levels,
including inventory; the flow of products into third-party
distribution channels; 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 Securities and Exchange Commission
reports, including but not limited to the most recent annual report on
Form 10-K for the year ended Oct. 31, 1999, and subsequently filed
reports, and Intel's Securities and Exchange Commission reports.
Neither HP nor Intel intends to update these forward-looking
statements.
Contact:
HP
Jean Shimoguchi, 408/873-5125
jean_shimoguchi@hp.com
or
Intel Corporation
Barbara Grimes, 858/391-4456
barbara.t.grimes@intel.com
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