Press Release: January 30, 2003

Delphi Signs Services and Technology Agreement with HP

HP Managed Services, Enterprise Servers and Storage Support Delphi's Global SAP Solutions
PALO ALTO, Calif., Jan. 30, 2003

The world's largest automotive supplier, Delphi Corporation (NYSE:DPH), has signed a services and technology agreement with HP (NYSE:HPQ). Under the terms of the multi-year agreement, HP will support Delphi's SAP® solutions for North America and Singapore from an HP data center in Toronto, Canada.

Twenty-five HP-UX and 35 industry-standard HP ProLiant servers running Windows® NT supported by HP storage solutions and backed up by HP's enterprise disaster recovery solution will run SAP.com® solutions and other business applications.

"We collaborated with HP to reinforce Delphi's fault-tolerant systems that support our global network," said Peter Janak, vice president and chief information officer, Delphi. "HP's broad set of technology resources, worldwide services and partnerships helps ensure that we can deploy Delphi's extensive vehicle systems know-how where our customers need them, when they need them."

As one of SAP's global technology partners, HP was able to leverage its expertise and its strong alliance with SAP to successfully consolidate Delphi's Eastern and Western European SAP solutions last year. Today's agreement will enable Delphi's entire global operations to run SAP solutions from HP's data centers. By consolidating all of Delphi's SAP business applications on HP hardware, supported by HP Services, the companies are working together to increase the return on IT in today's challenging environment.

In addition to providing industry-leading SAP solution management services, HP will provide consulting and integration; SAP technical support; Microsoft® NT support services; as well as a mission-critical disaster recovery solution including both hardware and data center redundancy. This combination of HP services and technology is designed to give Delphi a low-risk solution for enterprise resource planning and for managing its growing databases.

HP OpenView Storage Area Manager (SAM) software leads the industry in heterogeneous IT management and allows Delphi to optimize the robust features of an HP StorageWorks XP storage array and control 80 terabytes of raw storage. Integrated components of the HP OpenView SAM safeguard data by enabling a mirror site to back up and store data 11 kilometers away from Delphi's data center.

"The essence of HP today is to work with enterprise customers like Delphi to deliver infrastructure solutions that address their most important needs," said Ann Livermore, executive vice president, HP Services. "We are pleased to work with Delphi, another industry innovator."

About Delphi

Delphi is a world leader in mobile electronics and transportation components and systems technology. Multi-national Delphi conducts its business operations through various subsidiaries and has headquarters in Troy, Mich., USA, Paris, Tokyo and São Paulo, Brazil. Delphi's two business sectors -- Dynamics, Propulsion and Thermal Sector and Electrical, Electronics, Safety & Interior Sector -- provide comprehensive product solutions to complex customer needs. Delphi has approximately 192,000 employees and operates 176 wholly owned manufacturing sites, 42 joint ventures, 53 customer centers and sales offices and 32 technical centers in 41 countries. Delphi can be found on the Internet at http://www.delphi.com.

About HP

HP is a leading global provider of products, technologies, solutions and services to consumers and businesses. The company's offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing. HP completed its merger transaction involving Compaq Computer Corporation on May 3, 2002. More information about HP is available at http://www.hp.com.


SAP, mySAP.com, and all other SAP products and services mentioned herein are trademarks or registered trademarks of SAP AG in Germany and several other countries. Microsoft and Windows are U.S. registered trademarks of Microsoft Corp.


This news release contains forward-looking statements that involve risks, uncertainties and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the possibility that the market for the sale of certain products and services may not develop as expected; that development and performance of these products and services may not proceed as planned; 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 annual report on Form 10-K for the year ended October 31, 2002, as filed with the Securities and Exchange Commission on January 21, 2003, and subsequently filed reports. If any of these risks or uncertainties materializes or any of these assumptions proves incorrect, HP's results could differ materially from HP's expectations in these statements. HP assumes no obligation 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.