22.09.2008 11:45:00

HP and Syngenta Sign IT Transformation and Infrastructure Agreement

HP (NYSE:HPQ) today announced it has signed a five-year technology infrastructure agreement with Syngenta (NYSE:SYT), a world-leading agribusiness.

Under the terms of the agreement, HP will use its Adaptive Infrastructure as a Service solution to transform Syngentas current infrastructure-based services into subscription services aligned to Syngentas business processes. The service will be delivered from HPs next-generation data centers in Isle DAbeau, France, and Alpharetta, Ga.

"We chose HP Adaptive Infrastructure as a Service so we can achieve faster infrastructure and application modernization with reduced risk and cost, said Martin Walker, global chief information officer, Syngenta. "We also like the financial advantages of expensing our infrastructure services versus making capital investments.

Integral to the agreement is the transformation of the existing Syngenta technology landscape to a highly virtualized services-oriented environment. Services such as messaging and collaboration will be provided in the future environment alongside database management, e-business and SAP. Additionally, HP will deliver infrastructure, management and support as a service to approximately 160 of Syngentas offices in 90 countries.

"By using HP Adaptive Infrastructure as a Service, Syngenta will gain a common environment across all of its business units, said Francesco Serafini, senior vice president and managing director Europe, the Middle East and Africa (EMEA), HP. "HP is committed to providing outstanding service, innovation and industry expertise to support companies like Syngenta in achieving their technology, as well as their business goals.

Financial details of the agreement have not been disclosed.

About HP

HP, the worlds 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 is available at http://www.hp.com/.

Note to editors: More news from HP, including links to RSS feeds, is available at http://www.hp.com/hpinfo/newsroom/.

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected results; and other risks that are described in HPs Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2008 and HPs other filings with the Securities and Exchange Commission, including but not limited to HPs Annual Report on Form 10-K for the fiscal year ended October 31, 2007. HP assumes no obligation and does not intend to update these forward-looking statements.

© 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.

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