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Grenoble, FRANCE - March 16, 2006 - ProCurve Networking by HP today announced its strongest ever market share figures in the Europe, the Middle East and Africa (EMEA) region, based on fourth quarter, 2005 figures recently released by market research and analyst firm, International Data Corp. (IDC).
This achievement comes at a time when ProCurve Networking is consolidating its position as the number-two EMEA networking vendor in terms of managed ports shipments with a 17.8 percent market share in this segment. This quarter ProCurve posted significant growth in many countries within the region, including Finland, where ProCurve leads the segment of managed ports with a 44.5 percent market share. Furthermore, for the first time, ProCurve reached in excess of 20 percent market share in six countries during this quarter, including France, the Netherlands, and Sweden.
In terms of managed ports in the EMEA region over Q4 2005, ProCurve increased its total market share by 1.2 percent while market competitor Cisco Systems, Inc. dropped 2.0 percent over the same period. Equally significant is the quarterly comparison between Q4 2005 and Q4 2004: over this period while the EMEA market grew at 11 percent in terms of managed ports, ProCurve outperformed the market growing at a rate of 17 percent in this segment.
"To be announcing our highest ever EMEA market share is a significant landmark for ProCurve Networking," said Wenceslao Lada, EMEA vice president and general manager, ProCurve Networking by HP. "Over the past few years we have made tremendous progress in the market to become the region's clear number-two vendor."
Lada added: "These strong results prove that ProCurve is taking market share from Cisco and our other competitors, despite a slowing EMEA market. Our continuing growth is a result of the strong relationship we have with the channel, and in how we work with our resellers to sell quality networking products and tailored solutions in both the SMB space and the enterprise market, offering customers a better return on investment than our competitors are able to offer".
About ProCurve Networking by HP
The ProCurve Networking business unit of HP delivers enterprise networking solutions comprising wired and wireless LAN and WAN networking products, services and solutions. Recognising the necessary migration of intelligence and functionality to the network edge, the ProCurve Adaptive EDGE Architecture strategy is the industry's only comprehensive and inclusive network design strategy that is adaptable, scalable and completely interoperable for achieving command from the centre with control to the network edge. ProCurve was positioned in the challenger quadrant in research and advisory firm Gartner, Inc.'s 2004 Magic Quadrant Report for Global Campus LANs.
Further information on ProCurve networking solutions and products is available at ProCurve website.
About HP
HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, global services, business and home computing, and imaging and printing. For the four fiscal quarters ended Jan. 31, 2006, HP revenue totaled $87.9 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at www.hp.com
(1) All prices are estimated EMEA. list prices. Actual prices may vary.
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