HP Delivers Private Cloud Solutions for Oracle Applications

Clients Can Deploy Applications in Hours

SAN FRANCISCO — (BUSINESS WIRE) — September 20, 2010 — HP (NYSE: HPQ) today announced integrated private cloud solutions customized for Oracle applications that significantly shorten and simplify the deployment process.

HP Private Cloud Solutions for Oracle Applications are specifically engineered to support complex, multi-tiered environments, so clients can deploy Oracle applications in hours. The HP hardware and software offerings ship together from HP Factory Express pre-optimized for PeopleSoft Enterprise, Oracle E-Business Suite and Oracle Fusion Middleware. Based on HP Converged Infrastructure, the turnkey solutions are easy to buy and install, eliminating guesswork, weeks of configuration time, and minimizing architectural design effort.

The new HP Private Cloud Solutions for Oracle Applications are based on HP BladeSystem Matrix and enhanced with HP Cloud Service Automation software and HP StorageWorks data services. The solutions offer one-touch application provisioning as well as a self-service portal for delivering Oracle application services on-demand.

With a common management environment for the integrated server, storage and networking infrastructure, clients can significantly reduce maintenance tasks and costs. They also provide automated deployment, monitoring and compliance of Oracle applications.

Through HP Cloud Maps customized for Oracle applications and imported directly into HP BladeSystem Matrix, clients can rapidly populate data and build a catalog of application services for the business.

HP Cloud Consulting Services provide the expertise needed for clients to transform their existing delivery approaches into more efficient shared-services models, including discovery, design and implementation.

“To ensure the best service delivery across an organization, clients need applications and infrastructure to be tightly integrated and IT systems to be tuned to the unique demands of each application environment,” said Mike Crowsen, vice president, Oracle Alliance, HP. “No other vendor has integrated infrastructure for Oracle applications to the extent HP has with its Private Cloud Solutions for Oracle Applications, enabling clients to achieve levels of deployment speed, simplicity and flexibility never before possible.”

“Clients’ application service delivery should be streamlined and simplified, and services delivered more efficiently and securely,” said Judson Althoff, senior vice president, Worldwide Alliances & Channels and Embedded Sales, Oracle. “HP Converged Infrastructure – in particular the new HP Private Cloud Solutions for Oracle Applications – delivers an open, common architecture, managed in a common way that can be optimized for the needs of any application, in any environment.”

Availability and pricing

The solutions will be available worldwide from HP and its channel partner network. HP Private Cloud Solution for PeopleSoft is planned to be available in October and the Oracle e-Business Suite and Oracle Fusion Infrastructure solutions is planned to be available by the end of the year.

For under $700,000, the PeopleSoft solution provides enterprise businesses with the complete HP BladeSystem Matrix infrastructure, integrated management, cloud service framework, factory integration and on-site startup services. For an additional cost, clients can engage HP Consulting Services based on individual client requirements. Operating systems and Oracle software are purchased separately.

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.

Oracle is a registered trademark of Oracle Corporation and/or its affiliates.

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 Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2010 and HP’s other 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, 2009. HP assumes no obligation and does not intend to update these forward-looking statements.

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