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Technology Stocks : Hewlett-Packard (HPQ)
HPQ 26.28+0.4%Nov 7 9:30 AM EST

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From: Night Writer5/24/2007 10:39:49 PM
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(COMTEX) B: HP selected for federal acquisition program ( Datamonitor )
B: HP selected for federal acquisition program ( Datamonitor )

May 24, 2007 (Datamonitor via COMTEX) --
Hewlett-Packard will supply up to $5.6bn worth of hardware to the federal
government over seven years through a NASA contract vehicle. The space
agency's Solutions for Enterprise-Wide Procurement IV program allows the
government and its prime contractors to buy technology through NASA.

HP will provide a range of hardware, including desktops, blade PCs, servers,
and printers. The deal could be a big step up for HP; it provided only $620m
in technology and services under SEWP II and SEWP III, which together ran
from 1992 to January of this year.

The NASA SEWP came under fire last year from General Services Administration
head Lurita Doan, who wanted to consolidate government technology procurement
under the GSA. She said centralizing purchasing would allow agencies to focus
on their core missions and reduce duplicative acquisition programs throughout
the government.

But in December the Office of Federal Procurement Policy decided to
authorize another round of NASA SEWP. The new SEWP IV program includes
several classes of individual procurements, and notable vendors such as Dell,
Unisys, and IBM are already on board to provide products and services.
datamonitor.com
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As of Sunday, 05-20-2007 23:59, the latest Comtex SmarTrend Alert,
an automated pattern recognition system, indicated an UPTREND on
04-05-2007 for HPQ @ $41.25.
For more information on SmarTrend, contact your market data
provider or go to www.mysmartrend.com
SmarTrend is a registered trademark of Comtex News Network, Inc.
Copyright 2004-2007 Comtex News Network, Inc. All rights reserved.
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