Xpedior Announces Strategic Alliance with Hewlett Packard; Agreement Calls for Joint Solution Development, Shared Consulting Resources and Strategic Marketing Campaign

Business Wire, Jan 16, 2001

Business Editors/High-Tech Writers

CHICAGO--(BUSINESS WIRE)--Jan. 16, 2001

Xpedior Incorporated (NASDAQ: XPDR) a leading eBusiness Solutions provider to global 2000 companies and emerging digital businesses, today announced that it has signed a strategic alliance agreement with Hewlett-Packard Company. The agreement enables Xpedior and HP consultants to work together on projects and designates Xpedior and HP as preferred deployment providers for BroadVision(TM) (NASDQ: BVSN) solutions.

HP plans to invest capital and technical resources into the Xpedior relationship to develop and market a BroadVision core solution for the retail industry. HP has previously made significant investments in BroadVision technology, and plans to leverage Xpedior's proven expertise deploying and integrating BroadVision solutions.

"The demand for BroadVision technology has never been higher. As a major provider with a growing market share to Fortune 500 companies, we will rely on Xpedior to help these organizations install and integrate the solutions. Right now, our sales force is the throttle, and we are looking for Xpedior to provide the gas," said Nigel Ball, HP's vice president of e-business development.

"Xpedior is tremendously excited about this new relationship. We estimate that it will drive new revenue for Xpedior as the significant new business opportunities generated with HP's sales force are realized. We also expect this relationship to create significant opportunities to showcase our integration and implementation expertise," said Vince Verna, Xpedior's Chief Operating Officer.

Other strategic initiatives of the partnership may include activities involving mobile solutions, emerging markets, trading communities and ASP solutions.

A marketing campaign between Xpedior and HP focusing on e-commerce initiatives has already begun.

ABOUT XPEDIOR

Xpedior Incorporated provides innovative, comprehensive eBusiness solutions for Global 2000 companies, government, and emerging digital businesses. Xpedior helps its clients imagine new eBusiness capabilities, and then delivers the reliable, scalable, end-to-end solutions needed to bring them rapidly to market. The company, headquartered in Chicago, has offices located in the United States, Europe, and Australia. Visit Xpedior at www.xpedior.com or call 1-877-XPEDIOR.

SAFE HARBOR PROVISION

This press release includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In particular, statements concerning the company's expected performance and financial results in future periods are based upon our current expectations and beliefs and are subject to a number of known and unknown risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors known to us, among others, could cause Xpedior's actual results to differ materially from those described in the forward-looking statements: the company's ability to continue to attract new clients and obtain new and expanded assignments from existing clients; the company's ability to retain its personnel and effectively utilize such personnel at the rates expected by management; the company's ability to successfully implement marketing strategies that have differed from strategies pursued by the company in prior periods; continued robust growth in demand in the United States and abroad for eBusiness consulting services; and the effect of intensifying competition among a rising number of companies offering services similar to those offered by the company. In addition, we encourage you to review the company's latest reports filed with the SEC, including Xpedior's Annual Report on Form 10-K for the year ended December 31, 1999, and Xpedior's Quarterly Report on Form 10-Q for the quarters ended March 31, 2000, June 30, 2000, and September 30, 2000, which describe a number of additional risks and uncertainties that could cause actual results to vary materially from those expected in the forward-looking statements made in this press release.

BroadVision is a registered trademark and BroadVision One-To-One is a trademark of BroadVision, Inc. in the United States and other countries. Other names herein may be the property of their respective owners