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To: Elwood P. Dowd who wrote (93183)9/24/2001 8:24:45 AM
From: Elwood P. Dowd  Respond to of 97611
 
Compaq StorageWorks Reaches Across the Globe to Demonstrate Breakthrough Storage Networking Technology
First Integrated Management Suite Offers New Software and Services
HOUSTON, Sept. 24 /PRNewswire/ -- Compaq Computer Corporation (NYSE: CPQ - news) announced today that it has achieved an IT industry milestone with the construction and showcase demonstration of the world's first global storage network using Internet and Fibre Channel technologies.

The global storage network links Fibre Channel storage area networks (SANs) in Colorado Springs, Colorado; Sydney, Australia; and Nijmegen in the Netherlands, and clearly demonstrates the capability of a StorageWorks solution to manage and replicate data within a global enterprise.

``By exploiting Fibre Channel over IP (FCIP) technology, Compaq has taken global storage solutions to the next level,'' said Mark Lewis, vice president and general manager, Compaq Enterprise Storage Group. ``The demonstration confirms that we're anticipating our customers' evolving needs, and that we are hard at work developing solutions to help them use their existing IT infrastructures to gain competitive advantage in the years to come.''

The demonstration of storage networking between continents using FCIP technology represents in real terms the Global Replication Network defined in the Compaq ENSA-2 vision presented last month. Using a simple text file, the demonstration proved that SANworks storage network management can query SAN- connected devices situated across continents and replicate data using SANworks Data Replication Manager. By validating the complementary nature of Fibre Channel and IP technologies, Compaq extends the ENSA storage utility to global proportions.

Compaq demonstrated the global technology showcase during the opening of its Enterprise Storage Center in Nijmegen, the Netherlands, on September 12, 2001. For more information on the StorageWorks global storage network and ENSA storage utility, please see release: compaq.com

Compaq partner CNT, a global specialist in storage networking, contributed to the solution with its expertise and UltraNet Edge Storage Router. The router connected Fibre Channel SANs on the three continents together using IP technology. ``The Compaq technology demonstration proves that the UltraNet Edge Storage Router enables storage applications using FCIP. It shows how data can be managed over any distance -- in campus, metropolitan and wide-area environments -- while retaining data integrity and high network performance,'' said Nick Ganio, Group VP Sales, Marketing and Services, CNT.

Enterprises with a global presence require a data management infrastructure that can span their entire operations, yet can be managed from any location at any time. Global storage networks enable customers to use their information, manage it easily and put it to work wherever they need it.

``This achievement is as significant for global data management as the Internet was for networking servers and PCs. Besides making global data management a reality, we have shown how it can be accomplished without the need to build a new infrastructure,'' said Lewis.

Compaq's technological advance will provide the basis for tomorrow's leading data management applications. It will allow multiple copies of data to be processed in different cities through a global storage network. The innovation will allow customers to distribute and update copies of their data for use by employees, customers and eBusiness partners anywhere, anytime.

About Compaq Enterprise Storage

Compaq Enterprise Storage, the number one global storage solutions supplier, is the industry leader in the development and delivery of the enterprise SAN. Recognized for its vision and ability to execute, Compaq Enterprise Storage Group is committed to driving radical simplification and investment protection for enterprise and SMB customers. By continuing to extend its Enterprise Network Storage Architecture (ENSA) in key areas such as virtualization, automation, universal network storage and life cycle data management, Compaq enables customers to efficiently manage complex, mixed storage environments. More information on Compaq StorageWorks and SANworks solutions is available by clicking www.compaq.com/products/storageworks/SAN/index.html

Company Background

Founded in 1982, Compaq Computer Corporation (``Compaq'') is a leading global provider of enterprise technology and solutions. Compaq designs, develops, manufactures and markets hardware, software, solutions and services, including industry-leading enterprise storage and computing solutions, fault- tolerant business-critical solutions, communication products, and desktop and portable personal computers that are sold in more than 200 countries. Information on Compaq and its products and services is available at www.compaq.com .

Compaq and the Compaq logo are trademarks of Compaq Information Technologies Group, L.P. This news release contains forward-looking statements that involve risks, uncertainties and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the possibility that the Hewlett-Packard/Compaq merger does not close or that the companies may be required to modify aspects of the transaction to achieve regulatory approval or that prior to the closing of the proposed merger, the businesses of the companies suffer due to uncertainty; the market for the sale of certain products and services may not develop as expected; that development of these products and services may not proceed as planned; that Compaq and Hewlett-Packard are unable to transition customers, successfully execute their integration strategies, or achieve planned synergies; other risks that are described from time to time in Compaq and Hewlett-Packard's Securities and Exchange Commission reports; and other risks that are described from time to time in Compaq's and HP's Securities and Exchange Commission reports (including but not limited to Compaq's annual report on Form 10-K for the year ended December 31, 2000, HP's annual report on Form 10-K for the year ended October 31, 2000, and subsequently filed reports). If any of these risks or uncertainties materializes or any of these assumptions proves incorrect, Compaq's results could differ materially from Compaq's expectations in these statements. Compaq assumes no obligation and does not intend to update these forward-looking statements.

SOURCE: Compaq Computer Corporation



To: Elwood P. Dowd who wrote (93183)9/24/2001 10:04:54 AM
From: Night Writer  Read Replies (2) | Respond to of 97611
 
HP's Acquisition of Compaq: Beyond the Naysayers, the Promise and the
Opportunity


Business/Technology Editors

BOSTON--(BUSINESS WIRE)--Sept. 24, 2001--

Aberdeen Closely Examines the Acquisition from Multiple Industry,
Customer, and Competitive Perspectives

Aberdeen Group, a leading IT market analysis and positioning
services firm, analyzes the impending Hewlett-Packard acquisition of
Compaq from seven different Research Practice perspectives. These
Aberdeen InSights reflect the most current understanding and
forward-looking vision of what this acquisition may promise for the
industry, as well as HP and Compaq customers.
"While there are numerous naysayers, Aberdeen sees a significant
upside potential for synergy in many areas of the HP/Compaq business
that should not be ignored," said Peter Kastner, Chief Research
Officer at Aberdeen. "To reach that goal, the combined company's
primary focus must result in a clarity of message and execution
excellence at a level that surpasses the pre-merger efforts of either
company. Make no mistake, the combination of HP and Compaq could
indeed create an industry powerhouse."
These InSights, available on a special section of the Aberdeen
Group, Inc., Web site, are organized as follows:

-- Corporate Overview: The HP/Compaq Acquisition: If There's a
Will, There's a Way
-- Business Perspective: Integrating HP and Compaq: Success Must
Stem from the PC Business
-- Windows Perspective: The New HP Should Adopt Compaq's Wintel
Strategy
-- Unix Perspective: Creating Order in HP/Compaq's High-End and
Unix Platform Strategy
-- Linux Perspective: HP Acquisition of Compaq Enhances Linux
Business for the New Company
-- Storage Perspective: HP and Compaq: A Prescription for Storage
Success
-- Services Perspective: HP/Compaq's Combined IT Services: What
Will the Mix Offer Beside Size?

The full details of Aberdeen's findings -- including recommended
integration strategies -- are available immediately for review at
www.aberdeen.com. For more information on the InSights or related
Aberdeen research, e-mail PR@aberdeen.com, or phone (800) 577-7891.

About Aberdeen Group

Aberdeen Group is a leading IT market analysis and positioning
services firm that helps information technology vendors establish
leadership in emerging markets. Steeped in technology and armed with
end-user field research, Aberdeen answers clients' critical business
and technology questions in the context of the Internet economy and
across the product lifecycle. Founded in 1988, Aberdeen is
headquartered in Boston, MA, and has research divisions in Fort
Collins, CO; Palo Alto, CA; and Amsterdam, the Netherlands.

--30--mp/bos*

CONTACT: Aberdeen Group
Peter Kastner, 617-854-5221
kastner@aberdeen.com

KEYWORD: MASSACHUSETTS
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS HARDWARE
SOURCE: Aberdeen Group