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HP ProCurve Networking

News release
 

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HP ProCurve Networking




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HP ProCurve Grows 20 Percent in Declining Market


PALO ALTO, Calif., Feb. 20, 2009 – HP ProCurve Networking experienced higher year-over-year worldwide growth in network port sales than any other industry vendor, according to a recent report by market research firm Dell’Oro Group.(1)

In a market that saw shipments decline for the majority of vendors of Layer 2 through Layer 7 switched ports, HP ProCurve grew at a 20 percent rate year over year from the fourth calendar quarter of 2007 to the same quarter of 2008. The industry rate for this period declined by 1.6 percent, according to the report.

HP ProCurve’s Layer 2 and Layer 3 total Gigabit worldwide port shipments grew 35.1 percent year over year compared to market growth of 8.6 percent. HP ProCurve’s Power over Ethernet (PoE) worldwide shipments grew 32.4 percent year over year compared to market growth of 8.6 percent.


ProCurve growth 2000-2008

Customers rely on HP ProCurve, including the recently announced HP ProCurve Open Network Ecosystem (ProCurve ONE) and data center solutions, to help lower costs, mitigate risks and drive business growth. Additionally, thousands of enterprise and midsize customers have embraced the HP ProCurve Adaptive Networks vision to address their rapidly changing enterprise data center needs and improve the efficiency of their network applications.
“Customers are increasingly faced with the need to deliver a faster return on investment while balancing the growing demands of their networks,” said Marius Haas, senior vice president and general manager, HP ProCurve. “This updated market growth data reflects the increasing number of customers who have turned to HP ProCurve for alternative business technology solutions that have become critical to their success.”
Additional HP ProCurve regional growth details and highlights from the fourth quarter of 2008, comparing year-over-year regional port growth in total switched Layer 2 through Layer 7 shipments, include:
• In Asia Pacific, HP ProCurve grew at 40.1 percent versus an Asian market that grew by 1.3 percent – 31 times the rate of the market and 10 times that of the nearest competitor.
• In Europe, the Middle East and Africa, HP ProCurve grew at 24.3 percent in a market that declined 3.6 percent.

• In North America, HP ProCurve saw growth at a 6.8 percent rate against a market that declined 2.7 percent.

About HP ProCurve Networking

As part of the HP Technology Solutions Group, HP ProCurve is the Network of Choice for best-in-class solutions, products and services for wired and wireless networks.

HP ProCurve was positioned in the Leaders quadrant in research and advisory firm Gartner Inc.’s 2008 Magic Quadrant Report for Global Campus LANs and is a worldwide leader in Ethernet switch market revenue and ports according to Dell’Oro Group.

More information about HP ProCurve is available at http://www.procurve.eu/.

HP, the world’s largest technology company, simplifies the technology experience for consumers and businesses with a portfolio that spans printing, personal computing, software, services and IT infrastructure. More information about HP (NYSE: HPQ) is available at www.hp.com

Note to editors: More news from HP, including links to RSS feeds, is available at http://www.hp.com/hpinfo/newsroom/.

(1) Dell’Oro Group, “Ethernet Switch Report 4Q08,” February 2009.

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected operational and financial results; and other risks that are described in HP’s filings with the Securities and Exchange Commission, including but not limited to HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2008. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2009 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.

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