SAP Portals and HP to Jointly Deliver Enterprise Portal Solutions; Customers to Benefit From Rapid Deployment, Reduced Risk and Increased Scalability

Business Wire, Feb 28, 2002

Business Editors and Technology Writers

PALO ALTO, Calif.--(BUSINESS WIRE)--Feb. 28, 2002

SAP Portals, Inc., a wholly owned subsidiary of SAP AG (NYSE:SAP), and Hewlett-Packard Co. (HP) (NYSE:HWP) today announced a global agreement to provide fully integrated and open portal solutions to enterprise customers.

The alliance will combine SAP Portals(TM) enterprise portal and business intelligence solutions with HP technology and consulting services to deliver enterprise portal solutions to companies that want to leverage vital information within and beyond their organizational boundaries for strategic advantage, enhanced business efficiency and increased profitability.

SAP Portals and HP will jointly dedicate engineering resources to port SAP Portals Enterprise Portal(TM) to run on HP-UX 11i. The SAP Portals Enterprise Portal is a complete solution that delivers business value by integrating collaboration, knowledge management and relevant content and by unifying disparate applications, information and services. SAP Portals Enterprise Portal for HP-UX is expected to be available during the third quarter of 2002.

Building on the success of HP's relationship with SAP AG, with more than 10,000 SAP(R) software installations worldwide, HP Services has been named a global consulting and implementation partner for the delivery of all SAP enterprise portal solutions. HP will develop expert resources worldwide to deliver SAP Portals' enterprise portal and business intelligence on HP-UX and HP Netserver infrastructure -- helping customers achieve maximum business value. In addition, HP Services will provide vital support services for SAP Portals solutions.

As part of the agreement, the two companies will further their combined reach in the marketplace and support the creation of innovative technology by establishing customer demo and solution centers. The initial demo center will be located at HP's SAP Portals Competency Center in Walldorf, Germany. The first customer solution center will be located in Grenoble, France. In addition, sales teams and consultants will be cross-trained by both companies, enabling a strong go-to-market initiative.

When AIP, the Portuguese Industrial Association, determined that it needed to provide its association members with an easy-to-use and dynamic catalog Web site that would enable clients to search for information, research and products, the requirements were robust. "The combination of HP's Netservers with SAP Portals solution assured us with its high level of security and an always-on infrastructure that our business requires," said Eng Carvalho Pereira, AIP director and member of the board. "HP also presented us with a very manageable financing offer that made the decision an easy one."

"Building on our alliance strategy, we look to industry leader HP to complement our ability to deliver flexible, scalable, easy-to-administer unified enterprise portal solutions that create measurable value for customers," said Shai Agassi, president and chief executive officer of SAP Portals. "By combining SAP Portals solutions with HP's experience and robust infrastructure, customers will enjoy a highly scalable solution that can be quickly deployed."

"Our alliance with SAP Portals is a natural extension of HP's long-standing relationship with SAP," said Rick Bartlett, general manager of the Relationship Management Solution Organization at HP. "Not only does the alliance give our current customers the ability to implement SAP Portals solutions critical to their businesses, it also enables HP and SAP Portals to jointly provide portals solutions to brand-new customers."

About HP

Hewlett-Packard Co. -- a leading global provider of computing and imaging solutions and services -- is focused on making technology and its benefits accessible to all. HP had total revenue of $45.2 billion in its 2001 fiscal year. Information about HP and its products can be found on the World Wide Web at http://www.hp.com.

About SAP Portals

SAP Portals is a wholly owned subsidiary of SAP AG with headquarters in Silicon Valley, Calif. The company employs more than 900 professionals worldwide, with approximately 6 million users and more than 5,000 customers.

SAP Portals empowers collaboration and intelligent action by unifying applications, information and services to achieve higher levels of efficiency, enhance the quality of relationships and maximize value across the business. The SAP Portals portfolio includes enterprise portals, business intelligence, premium content offerings and professional services. SAP Portals provides value-driven solutions that significantly impact companies' total cost of ownership, achieving a return on investment beyond other software providers.

More information about SAP Portals is available on the Web at http://www.sapportals.com or by calling 800/360-3328.

Forward-Looking Statements

This news release contains forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they never 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. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any projections of earnings, revenues or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements concerning proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief and any statement of assumptions underlying any of the foregoing. The risks, uncertainties and assumptions referred to above include employee management issues; the timely development, production and acceptance of products and services and their feature sets; the challenge of managing asset levels, including inventory; the flow of products into third-party distribution channels; the difficulty of keeping expense growth at modest levels while increasing revenues; and other risks that are described from time to time in HP's Securities and Exchange Commission reports, including but not limited to the annual report on Form 10-K for the year ended Oct. 31, 2000, and subsequently filed reports. HP assumes no obligation and does not intend to update these forward-looking statements.