SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Compaq

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: hlpinout who wrote (46406)2/16/2000 6:27:00 AM
From: hlpinout   of 97611
 
UNISYS: Compaq and Unisys partner
to deliver 32-processor server
platforms for Windows 2000
Datacenter server; Agreement to use
the innovative Unisys CMP
architecture strengthens Compaq's
ProLiant eGeneration strategy

M2 Communications - Wednesday, February 16, 2000

FEB 16, 2000, M2 Communications - HOUSTON, TX and BLUE BELL, PA --
Driving industry-standard architecture into the highest levels of the data center,
Compaq Computer Corporation (NYSE: CPQ) and Unisys Corporation (NYSE:
UIS) today announced the signing of a letter of intent under which Compaq will
deliver Unisys Cellular MultiProcessing (CMP) based 32-processor platforms
under the Compaq ProLiant brand.

The final agreement with Compaq is expected to be completed within 60 days, and
should have a potential value to Unisys of approximately $400 million over a
two-year period.

The relationship will join the powerful and scalable Unisys CMP processor
architecture with Compaq's industry-standard server expertise to meet
ultra-demanding single server e-business and data center requirements. The
agreement is a component of Compaq's ProLiant eGeneration strategy to provide
customers with breakthrough enterprise economics on industry standards-based
solutions, as well as provide new and higher levels of service and support.

"Compaq continues to deliver everything customers need to establish a
standards-based Internet infrastructure for 24x7 computing," said Mary McDowell,
vice president and general manager of Compaq's Industry-Standard Server Division.
"Our relationship with Unisys will allow us to deliver a unique solution to customers
whose needs require extreme performance and mission-critical stability. This
solution is a strong element of Compaq's Windows 2000 Datacenter Program."

The Compaq ProLiant servers resulting from the relationship with Unisys will provide
a new level of reliability, availability and scalability for industry standards-based
platforms.

George Gazerwitz, president, Unisys Systems and Technology, said: "Working
together, both Unisys and Compaq will use the Windows 2000 Datacenter Server
operating system on the innovative Unisys CMP architecture to provide the most
powerful performance available in a single industry standards-based server. CMP's
excellent performance will give customers the ability to deploy industry-standard
solutions supporting mission-critical business environments."

"The delivery of Compaq CMP-based servers on Windows 2000 Datacenter Server
is the result of three industry leaders working cooperatively to create an outstanding
solution for customers," said Jim Allchin, group general manager, Microsoft Corp.
"Together, Compaq, Unisys and Microsoft are delivering industry standards-based
technology that can meet even the most demanding customer needs. We are
pleased that Compaq and Unisys are working together to deliver such high-powered
Windows 2000-based solutions."

About the Unisys CMP Architecture

CMP provides an array of computing capabilities well known to users of large-scale
computers, but now available using industry-standard technology.

Designed for the power of Intel Pentium III Xeon (32-bit) and Itanium (64-bit)
processors, the architecture is optimized for the highly scalable Windows 2000
Datacenter Server operating system.

About Compaq

Compaq Computer Corporation, a Fortune Global 100 company, is the second
largest computer company in the world and the largest global supplier of computer
systems. Compaq develops and markets hardware, software, solutions and
services, including industry-leading enterprise computing solutions, fault-tolerant
business-critical solutions, enterprise and network storage solutions, commercial
desktop and portable products and consumer PCs. The company is an industry
leader in environmentally friendly programs and business practices.

Compaq products are sold and supported in more than 100 countries through a
network of authorized Compaq marketing partners. Customer support and
information about Compaq and its products are available at
compaq.com.

About Unisys

Unisys is an electronic business solutions company whose 36,000 employees help
customers in 100 countries apply information technology to seize opportunities and
overcome challenges of the Internet economy. Unisys people integrate and deliver
the solutions, services, platforms and network infrastructure required by business
and government to transform their organizations for success in this new era. The
company offers a rich portfolio of Unisys e-@ction Solutions for electronic business
based on its expertise in vertical industry solutions, network services, outsourcing,
systems integration and multivendor support, coupled with enterprise-class server
and related technologies. The primary vertical markets Unisys serves worldwide
include financial services, transportation, communications, publishing and
commercial sectors, as well as the public sector, including federal government
customers. Unisys is headquartered in Blue Bell, Pennsylvania, in the Greater
Philadelphia area. For more information on the company, access the Unisys home
page on the World Wide Web at www.unisys.com. Investor information can be
found at www.unisys.com/investor.

Forward-Looking Statements

Any statements contained in this release that are not historical facts are
forward-looking statements as defined in the Private Securities Litigation Reform
Act of 1995. All forward-looking statements are subject to various risks and
uncertainties that could cause actual results to differ materially from expectations.
The factors that could affect the company's future financial results are discussed
more fully in the company's latest Form 10-Q as filed with the Securities and
Exchange Commission.

This release contains forward-looking statements based on current expectations
that involve a number of risks and uncertainties. The potential risks and
uncertainties that could cause actual results to differ materially include the failure to
close the contemplated transaction with Inacom; failure of systems associated with
order fulfillment; the failure to close certain contemplated sales; changes in product
mix; inventory risks due to shifts in market demand; continued competitive factors
and pricing pressures; and market responses to pricing actions and promotional
programs. Further information on the factors that could affect Compaq's financial
results are included in its SEC filings, including the annual report on Form 10-K for
the year ended December 31, 1998, and the latest quarterly report on Form 10-Q.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext