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HP First to Market with Second-generation Ultrium Drives


HP (NYSE: HPQ) today announced that it is delivering qualification units of its second-generation LTO Ultrium tape drive to six of its key OEM system and library partners worldwide. HP is the first vendor to provide partners with second-generation Ultrium qualification units, which will be used for product integration and manufacturing processes, and it expects to begin shipments to customers by the end of the year.

"As part of our commitment to open standards, this 200 gigabyte native capacity tape drive builds on the success of the first-generation Ultrium drives," said Frank Harbist, vice president, Nearline Products, HP Network Storage Solutions. "With our next-generation drives, we're now providing more capacity than any other tape drive available, with the high levels of performance and reliability our customers have come to expect from HP."

The second generation of Ultrium sets a new standard for capacity and offers a transfer rate unmatched by competing technologies, allowing customers to store 400 GB of compressed data on a single cartridge in less than two hours.

"During our evaluation of the second-generation HP Ultrium drives, we saw an exciting leap in performance, which we in turn are thrilled to be able to offer our customers," said Robert Scroop, vice president and general manager, Hardware Business Unit, Overland Storage.

"Our relationship with HP is an important aspect of making sure customers have access to a full range of technology choices when they purchase industry-leading libraries and storage solutions," said Steve Reichwein, product line manager, enterprise systems, Quantum Storage Solutions Group. "At Quantum, our goal is to continue our leadership in providing customers the automated solutions to meet their evolving storage needs."

"Being first to market with the second-generation Ultrium drives to our partners is a milestone in the execution of the open standard we are driving toward," said Harbist. "With this announcement, HP is clearly positioned to deliver next-generation Ultrium tape drives that will permit customers to enjoy the significant advantages of this exceptionally reliable, high-performance tape technology before the end of the year."

According to Gartner Dataquest, LTO drives led tape shipments in 2001, with a 70 percent share, in contrast to 30 percent share held by Super DLTtape.(1)

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 Corp. on May 3, 2002. More information about HP is available at http://www.hp.com.

(1) Gartner Dataquest, Significant Shifts Affect the Tape Drive Market in 2001, F. Yale, March 2002.


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 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 quarterly report on Form 10-Q for the quarter ended April 30, 2002 and reports filed subsequent to HP's annual report on Form 10-K, as amended on January 30, 2002, for the fiscal year ended October 31, 2001. 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 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.