HP to simplify, standardize server infrastructure; enable cloud computing services

PALO ALTO, Calif. Dec. 23, 2010 –(BUSINESS WIRE)– HP Enterprise Services UK Limited today announced BP International Limited has signed a five-year outsourcing services agreement valued in excess of $400 million.

Under the agreement, HP (NYSE:HPQ) will deliver consistent global data center services that enable BP to standardize and consolidate its hosting services and take advantage of innovations such as cloud computing.

HP currently provides HP Data Center Services to BP’s European data centers in the United Kingdom. The new agreement brings the remaining BP data centers in Europe and all those in the Americas regions under a single contract that covers data center management services – from monitoring, back up and recovery, site management and maintenance services, to database and middleware management.

“By establishing a standardized global operating model, BP will realize immediate cost reductions, improved consistency of service and be well positioned to utilize emerging technologies,” said Dana S. Deasy, group vice president and chief information officer, BP.

The agreement also will provide BP with the platform and option to deploy HP’s enterprise private and public cloud-computing services, along with external cloud services from other providers in a holistic cloud architecture.

“A consistent and standardized data center environment enables companies like BP to navigate the many challenges of global operations in the oil and gas industry,” said Mike Nefkens, senior vice president and general manager for Europe, the Middle East and Africa, HP Enterprise Services. “HP’s flexible computing capabilities and service excellence can help companies like BP to build an Instant-On Enterprise, in which technology is embedded in everything it does, while achieving their strategic goals.”

BP will use HP Automation and Operations Orchestration software to improve productivity and operational integrity across its technology environment. HP also will support BP with industry-standard services aligned with the Information Technology Infrastructure Library (ITIL) Version 3 service management framework. This will help BP improve information management by aligning information technology with business objectives and establishing a culture of technology innovation with continual service improvement.

Data center support services will be provided onsite and from HP Best Shore global delivery centers in India. HP’s Best Shore model blends the power of the HP technology portfolio with global delivery expertise to give clients greater flexibility and cost efficiency while minimizing risks.

About BP
BP is one of the world’s largest energy companies, providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemicals products for everyday items. Please visit www.bp.com for more information.

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.

© 2010 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.

Clare Loxley, +44-(7770)-647643
Eric Krueger, +1-281-518-6083
HP Media Hotline, +1-866-266-7272

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