HP Announces New Customers for HP Managed Print Services in Asia Pacific

Helps Companies Cut Costs, Save Energy and Increase Efficiency

SINGAPORE--(EON: Enhanced Online News)--HP today reported strong performance in HP Managed Print Services (MPS) and announced new customers in Asia Pacific who have chosen HP Managed Print Services to benefit from a cost effective, productive enhancing imaging and printing environment.

In HP’s financial year 2008, HP’s total contract value for managed print services in Asia Pacific grew by 108%⁽¹⁾ over the financial year 2007.

HP Managed Print Services help customers address specific business goals - from cost and energy savings to increased efficiency. New customers in Asia Pacific who have benefited from HP Managed Print Services include:

• Kwangju Bank (Korea) significantly improved its printing and imaging environment with the centralized management of all print-related services, resulting in increased business efficiency, reduced costs and enhanced productivity.

A video case study of Kwangju Bank is available here.

• Dongkuk Steel Group (Korea) improved efficiency in device management and right-sized the printing fleet with a 42.5% reduction in printing hardware, and improved document security by ensuring data confidentiality through the network. Through HP Managed Print Services, the Group was able to reduce costs, enhance security and business efficiency.

A video case study of Dongkuk Steel is available here.

• Harvey Norman OFIS (Australia), a subsidiary of retailer Harvey Norman that provides photo and document printing services, leveraged HP’s proven print assessment methodology to manage its printing fleet. Working together, a tailored solution was developed leveraging the right products and relevant applications, wrapped in a services package which allowed Harvey Norman OFIS to focus on their business, while leaving the maintenance, support and consumables to HP.

A video case study of Harvey Norman OFIS is available here.

About HP

HP, the world’s largest technology company, provides printing and personal computing products and IT services, software and solutions that simplify the technology experience for consumers and businesses. HP completed its acquisition of EDS on Aug. 26, 2008. More information about HP (NYSE:HPQ) is available at http://www.hp.com/.

⁽¹⁾ Based on internal tracking for HP Managed Print Services business for FY2008 over FY2007. HP’s full financial year for 2008 ended on October 31, 2008.

© 2008 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.