Press Release: November 14, 2007
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HP Introduces Enterprise Printing Solutions for Financial Services and Public Sector Markets

PHOENIX, Nov. 14, 2007

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HP today announced two enterprise imaging and printing solutions for the financial services and public sector markets.

The offerings build upon HP's Print 2.0 strategy by providing industry-specific offerings that streamline workflows and reduce costs for enterprises.

HP Compliant Document Capture for Financial Services helps financial institutions streamline critical document workflows, while simultaneously providing the increased document security, audit trails and archival capabilities required by industry regulations.

HP Document Capture Solution for Evidence of Identity is designed to help government agencies securely process and issue identity documents such as driver's licenses and passports.

Both were introduced at the company's annual enterprise customer and partner conference, ImagePrint 2007.

Also at the event, HP recognized several partners that have achieved Platinum and Gold-level memberships in the HP Solutions Business Partner Program - a standards-based program for companies whose solutions interoperate and integrate with HP offerings to address customers' specific business challenges.

"Enterprise customers are facing new challenges and opportunities with how paper-based and digital information is used and managed," said Bruce Dahlgren, senior vice president, Imaging and Printing Group, HP. "By helping businesses develop practical plans to optimize and manage their infrastructures and workflows, HP is making our customers' devices more strategic while meeting their environmental objectives."

Improving workflows for financial services and public sector organizations

HP Compliant Document Capture for Financial Services is a bundled solution of HP multifunction printers and HP Scanjet scanners, software and services that help financial institutions comply with the Markets in Financial Instruments Directive (MiFID). The directive requires financial services firms operating within the European Union and the European Economic Area to maintain for five years all transaction records, including paper, emails and electronically formatted documents, relating to any securities transaction in a non-rewritable and non-erasable format.

The solution complements the recently announced HP Compliant Document Capture Solution for SEC Regulation 17a.

HP Document Capture Solution for Evidence of Identity is powered by HP hardware, software and services, and captures, stores and retrieves important identity documents so government agencies can accurately issue citizen documentation, such as state and national ID cards or passports, with enhanced security features. The offering allows for comprehensive audits of workflow environments to help agencies comply with global identity regulatory requirements.

Effective December 2009, the U.S. REAL ID Act of 2005, intended to assure identity, mandates national standards for state-issued driver's licenses and non-driver's identification cards. HP's new solution effectively and seamlessly integrates these new requirements into government document and information workflows to enable a more effective and secure archival process.

HP Solutions Business Partner Program gains momentum

Through its Solutions Business Partner Program, HP works with qualified, strategic partners for capturing, routing, indexing, storing and delivering documents and content more securely and cost-effectively.

Six companies - Capella, Equitrac, JetMobile, Kofax, Omtool and Safecom - have achieved Platinum-level membership for their ability to enhance HP offerings through their respective worldwide, business-critical imaging and printing solutions.

HP and its Platinum partners invest technical resources to ensure the combination of HP devices and the partners' solutions offer clear and measurable advantages to enterprise customers. Together they perform rigorous testing of the solution for seamless integration. Enterprise customers have the option to purchase Platinum partner solutions and service directly from HP, and thereby receive support through one point of contact for the entire offering.

Captaris, EPSoft, MPI, Pharos and Troy have become Gold-level partners, which provide strategically important imaging and printing solutions in specific geographies and vertical markets. Gold partner solutions are supported with validation testing and integration planning. Enterprise customers have the option to buy Gold partner solutions and services directly from HP, which will coordinate service delivery between the Gold partners and customers.

HP continues to identify qualified solutions partners that are strategic to the Solutions Business Partner Program objectives.

About HP

HP focuses on simplifying technology experiences for all of its customers – from individual consumers to the largest businesses. With a portfolio that spans printing, personal computing, software, services and IT infrastructure, HP is among the world’s largest IT companies, with revenue totaling $100.5 billion for the four fiscal quarters ended July 31, 2007. More information about HP (NYSE: HPQ) is available at http://www.hp.com.


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; 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 the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected results; and other risks that are described in HP's Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2007 and HP's other 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 Oct. 31, 2006. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2007 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.

About HP

HP Inc. creates technology that makes life better for everyone, everywhere. Through our portfolio of printers, PCs, mobile devices, solutions, and services, we engineer experiences that amaze. More information about HP Inc. is available at http://www.hp.com.