| PALO ALTO, California, August 19, 2004 – HP ProCurve Networking led the worldwide Ethernet switch market in revenue and port shipment growth among top tier enterprise vendors year-over-year for the second quarter of calendar year 2004, according to the latest report by Dell‘Oro Group.(1) ProCurve Networking secured the No. 2 position in terms of total Layer 2 through 7 switch port shipments worldwide.
Results from the analyst firm’s recent report examining the worldwide Layer 2 through Layer 7 Ethernet switch market revealed ProCurve’s market leading revenue growth was 25.3 percent year-over-year while the market grew at 19.4 percent. ProCurve Networking port shipments grew 42.7 percent year-over-year while outpacing the overall Ethernet switch market, which grew 29.5 percent. The business saw consistent and comparable growth around the world.
"We credit our absolute growth to our customers recognizing the unique value they get from ProCurve,” said John McHugh, vice president and general manger, HP ProCurve Networking. “Enterprises are demanding a business-driven network, which we deliver with our Adaptive EDGE Architecture. Our customers get more from their networks, enabling increased security, reliability and flexibility. This makes ProCurve Networking the best choice in the market."
ProCurve also led the market in Layer 2 through Layer 7 Gigabit switch growth with 354.5 percent growth year-over-year. In addition, ProCurve’s total Layer 3 switch port shipment market share was No. 2 worldwide with 84.5 percent port shipment growth year-over-year.
About HP ProCurve Networking
The ProCurve Networking business unit of HP is a supplier of enterprise networking solutions comprising wired and wireless enterprise networking products, services and solutions – including Ethernet switches, routing switches, wireless access points and network-management applications – which allow customers to build networks based on open standards that meet current and future needs for security, performance and reliability.
About HP
HP is a technology solutions provider to consumers, businesses and institutions globally. The company’s offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing. For the four fiscal quarters ended July 31, 2004, HP revenue totaled $78.4 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at www.hp.com.
(1) Dell’Oro Group, Q2’04 Ethernet Switch Report, August 2004.
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