Renault Selects HP for Private Cloud Services

PARIS -- (Marketwire) -- Jun 29, 2012 -- HP (NYSE: HPQ) today announced that French automaker Renault S.A. has selected an HP Utility Services solution to support the development of innovative new telematics services for its electric cars.

Through its alliance with Nissan, Renault is the world's fourth-largest automotive group and a leader in zero emission transportation. Together, Renault and Nissan have made huge investments in the development of electric cars, Lithium-ion batteries and advanced telematics services.

Connected electronic vehicle telematics help drivers to check the car's battery, its charge rate and the location of the nearest charging station, as well as provide live traffic updates and cloud computing based applications like pay-as-you-drive insurance.

Renault selected HP Enterprise Cloud Services - Utility Services to host its European IT infrastructure and manage its technical applications, delivering just the right computing capacity and giving the company greater flexibility to meet its business needs at minimum cost.

A preconfigured and tested HP Converged Infrastructure hosted in HP's highly secure Tier 3 data center in Grenoble, France, gives Renault fast access to the latest HP server, storage, networking, power and cooling technologies.

This economical solution offers highly automated processes that cut the time, cost and complexity of getting Renault's business-critical new applications into production. Built-in technology refreshes and flexible capacity provisioning ensure that Renault's IT infrastructure is powerful and flexible enough to accommodate future demands.

The pay-as-you-go financial model reduces Renault's capital investment and ensures predictable ongoing costs. The flexible model allows for frequent adjustments to support projected growth, and aligns with the service level agreements and high levels of security expected by Renault.

"The combination of HP's technology and cloud computing services helps us create the innovative, integrated, end-to-end solutions that customers like Renault need to more effectively achieve market, cost and environmental objectives," said Gerald Karsenti, president and managing director, HP France.

About HP
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world's largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure to solve customer problems. More information about HP is available at http://www.hp.com.

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, market share or competitive performance 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 competitive pressures faced by HP's businesses; the development and transition of new products and services (and the enhancement of existing products and services) to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; assumptions related to pension and other post-retirement costs and retirement programs; the execution, timing and results of restructuring plans, including estimates and assumptions related to the cost and the anticipated benefits of implementing those plans; expectations and assumptions relating to the execution and timing of cost reduction programs and restructuring and integration plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2012 and HP's other filings with the Securities and Exchange Commission, including HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2011. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2012 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.

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