Compaq Appoints Jeffrey M. Lynn Vice President and General Manager Of Professional Services
HOUSTON, March 1 /PRNewswire/ -- Compaq Computer Corporation (NYSE: CPQ - news) today
announced the appointment of Jeffrey M. Lynn as Vice President and General Manager of Professional
Services. Lynn will oversee Compaq's 10,000-person worldwide systems integration and outsourcing
services business. Focused on helping customers to architect, plan, design, implement and manage
their e-business environments, his team accounts for approximately $3 billion in annual revenue for
Compaq. Today's announcement underscores Compaq's commitment to its services business, a key
element of the company's strategy to deliver world-class NonStop(TM) eBusiness solutions and
services.
``Jeff has the vast services experience and expertise necessary to advance Compaq's aggressive growth
plan for the professional services business,' said Enrico Pesatori, Senior Vice President and Group
General Manager of Compaq's Enterprise Solutions and Services Group. ``Jeff brings a unique blend of
skills combining both in-depth knowledge of Compaq's key target markets, as well as an understanding
of the core business issues and requirements faced by customers today. Whether a customer is
transforming a traditional business for the Internet or starting up a brand new e-business, Jeff and his
team are committed to helping customers simplify the complexity of staying open for business 24x7.'
``Professional services is a critical component for enterprise customers and a tremendous growth
opportunity for Compaq,' said Lynn. ``The profile and importance of services in the e-business space will
continue to increase dramatically over the coming years, and I firmly believe we have the right
combination of skills, experience and partnerships to be at the epicenter of this revolution.'
Lynn joins Compaq from IBM Global Services, where he was Vice President of Global Finance Industry
Consulting. There he led consulting engagements for all facets of the financial services industry,
including business strategy, business process re-engineering and redesign, management information
design, implementation, and operations and technology redesign. Before IBM, Lynn was a partner in the
Consulting Division at Ernst & Young. He has also served as Vice President in the Investment Banking
Division at Goldman Sachs and Vice President at Citibank.
Lynn holds a Master of Science degree in Management Information Systems from Massachusetts
Institute of Technology (MIT). He also received his Bachelor of Computer Science degree from MIT.
Compaq Professional Services, along with Compaq Customer Services, provides full and continuous
end-to-end value to enterprise customers with proven e-business services solutions, allowing them to
move quickly into new markets and compete at Internet speed. These life-cycle service solutions are
delivered through 27,000 seasoned service professionals worldwide.
About Compaq
Compaq Computer Corporation, a Fortune Global 100 company, is the largest supplier of computing
systems in the world. Compaq designs, develops, manufactures, and markets hardware, software,
solutions, and services, including industry-leading enterprise computing solutions, fault-tolerant
business-critical solutions, and communications products, commercial desktop and portable products,
and consumer PCs for the NonStop(TM) Internet world.
Compaq products and services are sold in more than 200 countries directly to businesses, through a
network of authorized Compaq marketing partners, and directly to businesses and consumers through
Compaq's e-commerce Web site at compaq.com. Compaq markets its products and
services primarily to customers from the business, home, government, and education sectors.
Customer support and information about Compaq and its products and services are available at
compaq.com.
Compaq, Registered U.S. Patent and Trademark Office. Product names mentioned herein may be
trademarks and/or registered trademarks of their respective companies. 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 implementation of a new model of distribution; the failure of systems associated with order
fulfillment; changes in product mix; inventory risks due to shifts in market demand; continued
competitive factors and pricing pressures; market responses to pricing actions and promotional
programs; volatility of certain equity investments; component shortages; and instability in developing
countries that may affect operations. Further information on the factors that could affect Compaq's
financial results are included in its SEC filings, including the latest annual report on Form 10-K, and the
latest quarterly report on Form 10-Q.
SOURCE: Compaq Computer Corporation
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