HP Drives New Era for Cloud Computing

New HP Hybrid Delivery solutions make the cloud enterprise grade

PALO ALTO, Calif. — (BUSINESS WIRE) — January 25, 2011 — HP (NYSE: HPQ) today announced a suite of new products and services that enable businesses and governments to leverage the power of the cloud while ensuring they meet required levels of security, performance and availability.

Cloud computing is an important and growing platform for Instant-On Enterprises, where everything and everyone is connected. Instant-On Enterprises require IT environments that are flexible, automated and secure, and able to quickly adjust to changing demand.

While cloud computing delivers benefits such as faster deployment of new services, reduction in IT headcount and a pay-as-you-go model, it has traditionally lacked in areas that enterprises need, such as security, availability and ease of integration.

The new HP Hybrid Delivery solutions provide the benefits of enterprise-grade cloud computing, while meeting the specific needs of businesses and governments.

“Cloud computing is going mainstream and HP is leading the way,” said Ann Livermore, executive vice president, HP Enterprise Business. “HP has the enterprise experience, breadth of portfolio and global service delivery organization to lead our clients through this transformation.”

HP Hybrid Delivery cloud solutions: Cloud for the enterprise

HP Enterprise Cloud Services-Compute delivers “private cloud as a service” from HP’s state-of-the-art data centers. Governed by specified policies for service, performance, security and privacy, it provides clients with rapidly deployed, secure computing with scalable IT capacity. Built on HP’s leadership in Converged Infrastructure and the breadth of HP’s software portfolio for automation and management, it delivers all the resources necessary to access a hybrid private cloud.

HP CloudSystem is the most complete, integrated system to build, manage and consume services across private, public and hybrid cloud environments. It combines the strength of HP’s Converged Infrastructure with the established leadership of HP Cloud Service Automation software to deliver unified security, governance and compliance across applications, as well as physical and virtual infrastructure.

HP CloudSystem also supports HP Cloud Maps, an industry first that provides preconfigured catalog objects to automatically provision the optimized application and infrastructure resources. HP CloudSystem enables new cloud services to be up and running in minutes.

HP Cloud Discovery Workshop helps businesses and governments develop smart strategies and the optimal path for leveraging the cloud. The one- or two-day workshops have multiple modules that cover a wide range of topics, including business model implications, security and identifying the right services for the cloud. The workshops are led by seasoned HP professionals with experience and expertise in global cloud deployments.

HP Financial Services are available for clients building private cloud deployments who want to minimize capital requirements. HP can combine its cloud offerings with financial offerings from HP Financial Services helps clients maximize their financial goals in parallel with their pursuit of advanced technologies.

More information about HP’s new offerings, including a video from Ann Livermore, is available at www.hp.com/go/cloudcomputing2011.

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 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 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 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, 2010. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2011 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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