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HP Launches Financial Services Industry Platform for SWIFT Connectivity

Solution delivers lower costs and higher availability through HP ProLiant server running Microsoft clustering technology
ATLANTA, SIBOS 2004, Oct. 11, 2004

HP today announced a new server platform that enables financial institutions and large corporations to access the SWIFT financial messaging network while taking advantage of the lower costs and higher availability of the clustered Microsoft Windows® environment.

Companies that communicate with each other via the SWIFT global financial messaging network need client interface software, such as the SWIFTAlliance range of interfaces, for security and reliability.

HP's solution includes software developed by HP that supports the SWIFTAlliance interfaces - and makes them cluster-aware.

The solution, called the "SWIFTAlliance Cluster Enabler for Microsoft Windows," runs on multiple HP ProLiant servers and leverages the high-availability clustering technology of the Microsoft Windows operating system. In a Windows-based cluster, if one server fails, the other picks up the workload automatically so that data is protected and the application continues to run.

For reliability and compatibility, HP has tested and benchmarked its solution on a cluster of HP ProLiant platforms running Microsoft Windows. Similarly, SWIFT has tested the SWIFTAlliance interface on the HP clustered platforms, for the SWIFT connectivity packs 1, 2, 3 and 4, supporting traffic up to 40 mail messages per second.

Along with the solution itself, HP can provide customers with complete support and maintenance services for three years. HP is responsible for all support services via cross-agreements with SWIFT and Microsoft - so customers enjoy the advantages of a single point of accountability with rapid response times.

"Financial institutions and large corporations increasingly rely on the SWIFT network and IP messaging platform, SWIFTNet, for their operations. HP is making access to the network much less costly for customers - while allowing the high availability needed for high stakes transactions," said Joe Lott, director, payments, Financial Services Industry, HP. "The HP SWIFTAlliance solution leverages the accumulated clustering expertise of both Microsoft and HP."

"Our mission is to provide the most cost-effective financial messaging service without compromising security or reliability," said Alain Drese, head of Customer Integration, SWIFT. "HP's offering contributes to making the benefits of SWIFTNet readily available to financial institutions and their corporate clients."

The HP SWIFTAlliance Cluster Enabler for Microsoft Windows is now available worldwide. Estimated U.S. street pricing ranges from $4,500 to $12,000 per server configuration. Estimated pricing for the HP support offering is $1,500 per server, per year.(1)

More information about the SWIFTAlliance Cluster Enabler and other offerings for the financial services industry is available at http://h71028.www7.hp.com/enterprise/downloads/HP%20-%20SWIFT%20Alliance%20Cluster%20Enabler.pdf .

SWIFT is the industry-owned cooperative supplying secure, standardised messaging services and interface software to 7,650 financial institutions in more than 200 countries. The SWIFT community includes banks, broker/dealers and investment managers, as well as their market infrastructures in payments, securities, treasury and trade.

Over the past 10 years, SWIFT message prices have been reduced more than 70 percent, and system availability approaches 5x9's reliability - 99.999% of uptime. SWIFT's new IP messaging platform, SWIFTNet, has been launched and will be fully rolled out by end of 2004.

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 http://www.hp.com.


(1) Authorized HP resellers' prices are set at their sole discretion. Additional information is available at http://www.hp.com/go/payments. Actual prices may vary.

Microsoft and Windows are U.S. registered trademarks of Microsoft Corp.


This news release contains forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they ever materialize or prove incorrect, could cause the results of HP and its consolidated subsidiaries to 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 the expected development, performance or rankings of products or services; statements of expectation or belief; and any statement of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the development, performance and market acceptance of products and services and other risks that are described from time to time in HP's Securities and Exchange Commission reports, including but not limited to HP's Quarterly Report on Form 10-Q for the period ended July 31, 2004 and other reports filed after HP's Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2003. HP assumes no obligation and does not intend to update these forward-looking statements.

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.