Technology Professional Services Association Welcomes HP

Business Wire, March 12, 2007

SAN DIEGO -- The Technology Professional Services Association (TPSA) today announced that HP has become a member of the association, joining an impressive roster of over 70 leading technology companies including CA (NYSE: CA), Cisco (NASDAQ: CSCO), EMC Corporation (NYSE: EMC), NCR Corporation (NYSE: NCR), and Xerox Corporation (NYSE: XRX) among its members.

TPSA serves as a platform for dialogue within the industry and delivers business-critical research and resources that enable technology companies to evaluate solutions for managing the complexity of a successful technology professional services organization and achieving total alignment between overall corporate strategy and the professional services strategy.

"HP is clearly one of the largest technology services providers in the industry and their support validates our mission of providing guidance on best practices, backed by the most current and thorough research, that address the complexities of running a professional services organization while keeping the focus on the needs of the customer," said TPSA Executive Director Thomas Lah.

In the Fourth Quarter 2006 TPSA "Service 50" most influential technology solution providers based on service revenue, HP is ranked third with $16 billion annualized revenue from its HP Services business.

"HP is 100 percent committed to delivering world-class products and services to our global customers and to building the most successful services organization," said Onagh Ash, senior vice president, Consulting and Integration, HP Services. "HP's business vision is aligned with the TPSA strategy and we look forward to working closely together."

About TPSA

The Technology Professional Services Association (TPSA) is the first and only organization for executives who create, produce, deliver, manage, measure, and optimize technology services in the world's leading corporations. Member companies represent a diverse group of market segments including hardware and software products, systems integration, on-demand hosted applications, and value-added solutions. Through membership collaboration and management expertise, TPSA provides the information, concepts, models, and best practices required for success in the critical professional services component of the technology enterprise.

Leveraging its influential membership, TPSA serves as a pre-eminent thought leader and issues advocate, providing insights and trends analysis to the media, industry and business community-at-large on all matters related to technology professional services. Among its member programs, TPSA offers a Benchmark Survey with peer-group specific and industry average metrics, and The Service 50, an aggregation and analysis of publicly reported financial data, with a focus on trends in services revenues, margins, and contributions to total corporate revenue.

TPSA is a member of a global network of associations that includes the Service & Support Professionals Association (SSPA). More information on TPSA can be found at www.tpsaonline.com.