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hp Itanium ® 2-based solutions Launch July 8, 2002 Press Presentation

press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002. 1. hp Itanium ® 2-based solutions Launch July 8, 2002 Press Presentation.

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hp Itanium ® 2-based solutions Launch July 8, 2002 Press Presentation

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  1. press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 1 hp Itanium® 2-based solutions Launch July 8, 2002 Press Presentation Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  2. press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 2 what HP is announcing today • new Itanium® 2-based systems • best system performance • more application partners • proven multi-OS tools • optimized services Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  3. press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 3 today’s agenda • benefits of a new architecture • enterprise customer needs • increase performance • protect customers’ investment • enable business continuity Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  4. RISC high performancesystem customers benefit from: multi-OS support lower HW costs for enterprise IT assurance of leading performance and scalability over the long-term press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 4 advantages of a high performance, industry standard architecture • IA-32 volume system customers benefit from: • the ability to expand to increasingly complex workloads: • secure web transactions • mechanical analysis • massive databases • industry-standard servers in every tier of the data center! standardized architecture to enable utility computing Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  5. Infrastructure solutions Itanium 2 architecture workstations & servers application development ISVs & partners OSs services press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 5 the leading Itanium® 2-basedecosystem from the new hp as co-developer of the Itanium architecture, hp will enable customers to: enable business continuity with comprehensive services and the expertise needed to deploy quickly with the best results. protect investments with the next industry-standard architecture delivering a flexible, scalable migration path for long-term performance in HP-UX, Linux, Windows, OpenVMS and Non-Stop Kernel environments. increase performance with the fastest Itanium 2-based systems and scalable solutions to manage IT with increased flexibility and greater performance in HP-UX, Linux or Windows environments. Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  6. increase performance press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 6 CPU architectural leadership why Intel® Itanium® 2 architecture? incredible computing performance • world’s fastest floating point engine! • already outperforms nearly all established architectures on integer performance floating point performanceSPECfp2000 2.1x 1.1x 2.1x 1.7x IntelItanium2 1 GHz AMDAthlon XP2100 IBMPower4 1.3 GHz IntelXeon MP1.6 GHz SunUltraSPARC III 1.05 GHz integer performanceSPECint2000 1.1x 0.9x 1.2x 1.3x IntelItanium2 1 GHz AMDAthlon XP2100 IBMPower4 1.3 GHz IntelXeon MP1.6 GHz SunUltraSPARC III 1.05 GHz Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  7. increase performance press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 7 system performance leadership Itanium®2-based systemsunmatched application performance OLTP tpmC >2.3x 1.4x 1.1x ~79,000 69,902 57,347 34,289 Itanium2 architecture unleashes much more than just 64-bits andfast floating point 4 - way 4 - way 6 - way 8-way Dell hp server hp IBM PE 8450 rx5670 rp5470 P660 P III Xeon Itanium 2 PA 8600 RS 64 IV 900MHz 1GHz 550MHz 668MHz SAP SD Users SPECweb99_SSL connections 1520 470 >2.4x 1.5x Preliminary PerformancetpmC estimate Not for public disclosure! Final benchmarkresults to bereleased July 8, 2002 3.0x 2.7x 315 200 568 500 4 - way 4 - way 8 - way 4 - way 4 - way 4 - way hp server Alpha Sun hp server Proliant IBM rx5670 Server Fire rx5670 DL590 x440 Itanium 2 ES40 V480 Itanium 2 Itanium Xeon MP 1GHz 833MHz 900MHz 1GHz 800MHz 1.5 GHz Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries. System Model tpmC $/tpmC Available System Model tpmC $/tpmC Available System Model tpmC $/tpmC Available System Model tpmC $/tpmC Available hp server rx5670 79,000 $5.00 10/30/2002 hp server rp5470 34,289 $15.26 4/5/2001 IBM eServer pSeries 660 57,347 $28.47 6/19/2001 Dell PowerEdge 8450 69,902 $8.46 11/15/2001

  8. increase performance press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 8 powered by hp’s zx1 chipset 1-way hp workstation zx2000 2-way hp workstation zx6000 2-way hp server rx2600 4-way hp server rx5670 the fastest Itanium2-based platforms availablebuilding on the combined market reach of compaq and hp Itanium®2-basedhp servers and workstations hp server rx5670 hp server rx2600 hp workstation zx6000 hp workstation zx2000 Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  9. increase performance press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 9 Itanium®-based hp workstations:the most powerful line-up in the industry 1GHz 1-2 way Intel Itanium®2 processors, hp zx1 chipset, 12GB DDR SDRAM, AGP4X graphics high Madison zx6000 Montecito i2000 900MHz 1-2 way Intel Itanium® 2 processors, hp zx1 chipset, 12GB DDR SDRAM, AGP4X graphics 800 MHz 1-2 way Intel Itanium® processors Intel 84260GX, 4GB SDRAM NVIDIA Quadro2 Pro mid price/features Madison Montecito zx6000 i2000 733MHz Intel Itanium® processor Intel 84260GX, 4GB SDRAM NVIDIA Quadro2 Pro 900MHz 1-wayIntel Itanium®2 processor, hp zx1 chipset, 4GB DDR SDRAM AGP4X graphics entry Madison Montecito zx2000 2001 2002 2003 roadmap subject to change Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  10. increase performance 2001 2002 2003 2004 press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 10 Itanium®-based hp servers:the most scalable roadmap from any vendor Superdome Madison Montecito scalable (cell-based) servers hp’s “Pinnacles” highend chipset enables 8-64+processor capable systems starting with Madison rx9610 rp8400 Itanium16-way Montecito Madison rp7410 Madison Montecito rp5400 rx4610 Madison rx5670 Itanium 4-way Itanium2 4-way 7U entry (SMP-based) servers Montecito hp’s ZX1 chipset enables 2-4 processor capable systems starting with the Itanium®2 architecture rx2600 Itanium2 2-way 2U Madison Montecito hp enterprise server and ProLiant server combined roadmap roadmap subject to change Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  11. system transition rewards current AlphaServer, PA-RISC server, ProLiant and NetServer customers are eligible for financial credit for their current systems when moving to Itanium® -based systems AlphaServer™Customer Assurance Program hp trade-in/trade-up programs* protect investment press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 11 hp provides lasting value for current and past purchases • binary compatibilityapplications and tools run unchanged when moving from IA-32 or PA-RISC to the Itanium® architecture • Windows applications • Linux applications • HP-UX applications • hardware compatibilitycurrent hp enterprise server offerings from hp are board upgradeable to the Itanium® processor family • superdome 64-way • rp8400 16-way • rp7410 8-way • rp5400 4-way • Itanium 2-based systems forward *program terms vary by region Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  12. protect investment Linux press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 12 major application & tool readiness many commercial applications available by end of year all major technical floating point intensive applications available now MS Windows Enterprise ServerMicrosoft SQL server Oracle 9i databaseSAP APO (pilot)SAS Risk DimensionsBEA WebLogic Server 7.x MS Windows Advanced Server LEPTC Pro/Engineer, EDS PLM:UnigraphicsSAS 9.0 CoreSAS Analytic CRM ANSYS, Mental Images: MentalRay, Side Effects Houdini, RSA, SQL Server (pilot) SAP R/3 on SQL (pilot) Oracle 9i database BEA WebLogic Server 7.0 BEA Tuxedo 8.0,hp-AppServer 8.0, SAS 9.0 Core,SAS Analytic CRMMicroFocus, Acucorp, LegacyJ COBOLhp WDB 1.4, hp Caliper 2.0ActiveState PerlGCC Compiler Collection 3.1EDS PLM:Unigraphics Fluent, TogetherSoft Control Center 6.0Wily Technology IntroscopeAutoProbeSitraka Jprobehp Caliper 2.1Rational ClearCaseRogueWave SourceProParasoft Insure C++, CodewizardMicroFocus ServerExpress 2.0Etnus Totalview 5.0 MSC NASTRAN, ESI Pam-Flow, ESI Pam-Crash, ANSYS, LSTC LS Dyna, LS Post, CD Adapco StarCD, Mental Images: MentalRay, Gaussian 98, Semichem AMPAC, PNNL’s NWChem, Schrodinger Jaguar, Chemkin, U. of Birmingham MOLPRO,hp Apache, RSA, Zeus, AcuCorphp-AppServer 8.0 (Bluestone) (Pilots) Mental Images: MentalRay, Dot C Software: Render Dot C,Side Effects Houdini, ToonBoom: US Animation, ANSYS, Gaussian 98, Volare; ADINAAMBER; NCBI Blast; PNNL’s NW Chem Field View 8, Paralign; NASTRAN, Apache, Zeus; RSA, Sendmail, SteelEye Lifekeeper System Imager Java Applications: Forte, TogetherSoft, Jmeter, Jtune VG Studio Max; Visual Numerics CNL 4.0 and 5.0Acucorp COBOLGCC Compiler Collection 3.1 Oracle 9i databaseBEA WebLogic Server 7.x TurboLinux TurboCockpit, Accelrys: CASTEP and DMol3RogueWave SourceProEtnus Totalview 5.0 2002 q2 q3 q4 Itanium®2 processor launch Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  13. protect investment integrated service management provision i n t e g r a t i o n deploy monitor press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 13 manage seamlesslymanage hp Itanium®2-based servers with the same tools used today…while hp develops common tools for the future availabletoday! hp OpenView service-driven infrastructure management (network, systems, application and storage management) hpprocess resource manager linux community tools Microsoft tools • HP-UX kernel configuration • system inventory manager • event monitoring service • system admini-stration manager hp ignite-ux and software distributor-ux hp enablement kit for windows hp enablement kit for linux hp servicecontrol manager hp toptools / insight manager 7 hp instant support enterprise edition hp management processor Windows Linux HP-UX 11i Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  14. enable continuity press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 14 hp services: unparalleled knowledge of and commitment to the Itanium® architecture • global IT service leadership across Windows+Unix+Linux • 65,000 professionals in 160 countries • 28,000 Microsoft trained specialists (5,000 Microsoft certified engineers) • 18,000 Unix specialists • 3,000 Linux specialists • hp’s portfolio of services is Itanium 2 ready • consulting and planning services • mission critical services • full education curriculum • new services specifically targeted to ease the transition • implementation services • migration services the leading company helping customers to Itanium-based solutions Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries

  15. press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 15 summary hp and Itanium® 2-based solutions will enable customers to … • increase performance • industry leading performance today • scalable systems roadmap • protect investments • binary compatibility of applications from IA-32 and PA-RISC to Itanium architecture • familiar customer applications and tools being readied now • enable business continuity • comprehensive services • expertise and breadth to deploy quickly with the best results Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  16. press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 16 pricing and availability • hp workstation zx6000 • estimated US street price: • entry $7K avg $13K large $27K • orderable now, shipping in Julyhp workstation zx2000 • estimated US street price • entry $4.6K avg $6K large $11K • orderable now, shipping in July hp server rx5670 estimated US street price: entry $23K avg $38K large $64K orderable now, shipping in Augusthp server rx2600 estimated US street price entry $7.3K avg $16K large $33K orderable now, shipping in July Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  17. press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 17 hp Itanium® 2-based solutions Launch Appendix Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  18. press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 18 limits of today’s processor architectures • processor architecture advances of RISC no longer growing at the rate seen in the 1980s –1990s • complexity of certain workloads are exceeding IA-32’s capabilities • yet customers relentlessly demand greater application performance, due to: • higher bandwidth tasks (streaming) • requirements for secure processing (SSL) • increased users and demand (internet) • larger hardware requirements (VLDB) • support for multi-OS environments (virtual data center) • to address the future business needs of: • greater flexibility • better price/performance Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  19. increase performance Pentium III co-developers of the EPIC architecture press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 19 hp and Intel® Itanium®processor roadmap Itanium performance curve Deerfield Madison PA-8900 Itanium 2 PA-8800 performance PA-8700 PA-RISC and IA-32 performancecurve Itanium PA-8600 Pentium4 PA-8500 Xeon PA-8200 PA-8000 ‘96 ‘98 ‘00 ‘02 ‘04 future Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  20. increase performance press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 20 HP Itanium®2-based systems for superior application performance benefits: faster OLTP quickerweb serving faster securetransactions better Java object codeperformance ...to run applications faster than IA-32 andmore cost effectively than RISC Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  21. increase performance hp’s zx1 chipset unique value-add drives the fastest Intel Itanium 2 processor platforms on the planet soon to be followed by the higher-end “Pinnacles” chipset for 8-64+ processor systems press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 21 hp’s zx1chipset unleashes the full power of Intel® Itanium® 2 processor across 1-4p systems 15-20% faster than other Itanium2 chipsets due to: • highest memory bandwidth • lowest memory latency • largest memory capacity • biggest I/O bandwidth and capacity • best scalability • leadership reliability with multi-bit ECC memory correction Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  22. increase performance $18 press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 22 leading SSL performanceper server price performance 1 – 2U/2CPU McKinley Servers at $24,798, + Zeus at $1,700 per 2 CPUs 1 – 7U/4CPU hp rx4610 servers at $45,000, +Zeus at $1,700 per 2 CPUs 1 – 4U/2CPU(SPARC3) Sun Fire 280R servers at $18,000, +Zeus at $1,700 per 2 CPUs 1 – 4U/2CPU(SPARC2) Sun Enterprise 220R servers at $21,000, +Zeus at $1,700 per 2 CPUs Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  23. increase performance press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 23 unmatched application performance • best 2-way OLTP performance • any architecture or database • best 4-way OLTP performance • any architecture or database by at least1.5x • 1.5x best IA 32 • beats all IA 32 8p servers in OLTP • by at least >1.2x • world’s fastest floating point engine • SPECfp2000 • fastest SPECweb_SSL performance on Linux • best of any architecture hp has #1 Itanium® 2-based system performance • performance estimates with hp servers rx5670/rx2600with Itanium 2,MS Windows advanced server LE v1.2, and MS SQL server Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries. performance data from www.spec.org as of June 3, 2002

  24. protect investment press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 24 Itanium®2-based systems are more cost effective than RISC comparison: 2 meter rack full of rx5670 servers vs. equivalent performing RISC 31% more expensive 202% more expensive configuration: 5 hp rx5670 servers (with 4 1GHz CPUs, 48GB RAM, 1HDD for each server) versus equivalent performing number of 7 Sun V880 8p servers or 8 IBM p660 4p servers Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  25. protect investment press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 25 best-of-breed operatingenvironments access services application services database services • applications • customization • applications • flexibility • scalability • applications • scalability • mission critical decision criteria Linux open-source community leadership for optimized solutions spanning the enterprise: from secure web serving to supercomputing clusters fully supported Windows Advanced Server LE provides #1 performance to extend Windows further into the enterprise HP-UX 11i v1.6: leading price/performance with proven performance scalability, security and reliability; seamless migration from RISC with Itanium®2-based systems, Windows and Linux further extend into the enterpriseand HP-UX 11i becomes more pervasive across the enterprise Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  26. protect investment press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 26 Microsoft Windows hp, Microsoftand the Linux community extend best-of-breed Itanium®2-based solutions into the enterprise • hp and Microsoft embrace Itanium-based solutions and support key applications, such as: • SQL Server database • SAP R/3 • SAS core • Microsoft business commitment • updated/optimized 64-bit Windows kernel specifically for Itanium 2 processor Linux hp-ux 11i • Open Source Development Lab (OSDL) enhancing Linux for data center and Telco applications • Gelato Federation enabling Linux open source solutions specifically for the Itanium architecture for academic, government and industrial research • Linux SDK for Itanium-based systems distributed to over 10,000 developers • #1 UNIX as rated by D.H. Brown • binary compatibility on HP-UX PA-RISC applications moving to Itanium • full enterprise release for Itanium architecture (hp OpenView, Online JFS, VxVM, mc/serviceguard, Apache) • incorporation of best-in-class Tru64 functionality moving forward Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  27. protect investment joint hp/Intel strategy • target ISVs that own major market share • focus on helping customers • create reusable solution deployment practices with systems integrators press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 27 Windows,Linux and HP-UX as well as OpenVMS and NSK enterprise software solutions extending the ecosystem • reference platform established • hp / Intel solution centers now open • Grenoble, France • Cupertino, California • others being planned • partners ready for Itanium® 2-based platform • Microsoft • Oracle • SAP • SAS • BEA • Red Hat • major technical computing ISVs • a sampling of customers • Sabre • Alcatel • Schlumberger • Cisco Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  28. protect investment press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 28 hp/Intel®Itanium® architecture solution centersan expansion of the hp/Intel solution center world-wide initiative • demonstrate the viability of Itanium-based solutions for enterprise customers in a multi-OS environment • enable customer ‘proof of concepts’, ISV software validation and SI support • develop value-added customer solutions • funded & staffed by hp and Intel • the ideal combination of expertise, equipment, and environment in which to invent customer benefits • leveraged hp & Intel expertise • secured dedicated resources • higher quality solutions • lower cost • faster time to market Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  29. protect investment press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 29 designingthe future (DTF)hp’s partner programcomprehensive services for all developers • partner technology access centers • transition assessment services • access to Itanium®–based systems • native port assistance • binary compatibility validation • STKs and SDKs for all OSs • multi-OS tuning and performance analysis and optimizations • technical training programs • web casts • 2-day hands-on classes • e-learning classes multi-OS tools & services to facilitate a smooth transition to Itanium–based systems Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  30. protect investment OpenVMStm, NonStoptm Kernel hp-ux 11i press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 30 Intel®Itanium®processor family creates a huge market opportunity for partners… • ~20 OEMs worldwide shipping Itanium-based systems • three operating systems available today with more to come • Windows • HP-UX 11i v1.6 • Linux from multiple distributors • future OSs: Non Stop Kernel, OpenVMS “The big loser in [the Itanium architecture] transition is Sun, the only major server vendor that continues to use a single track strategy, offering only its proprietary SPARC platforms and its proprietary Solaris operating system…it won’t be able to match the system level features of 20 Itanium OEMs.”Ashok Kumar U.S. Bancorp Piper Jaffray cnet news – july 19, 2001 …in a fast growing ecosystem Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  31. protect investment press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 31 hp high- availability and cluster offerings for Itanium®-based servers • why it’s important • ensure data integrity • maximize application availability • minimize planned maintenance time • peace of mind with mission-critical support services • mc/serviceguard for HP-UX • serviceguard Extension for RAC • serviceguard manager • EMS HA Monitors • ECM Toolkit • MirrorDisk/UX • extended campus cluster • HPTC ClusterPack • comprehensive portfolio of Windows cluster configurations • Cluster Extension XP for Windows • Oracle 9i RAC for Windows • hp toptools cluster monitoring for Windows Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  32. press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 32 the proven leaderItanium®-based systems competitive landscape power is IBM’s primary enterprise architecture. X-Architecture “Summit” chipset promise is limited: – not optimized for 1-4-way Itanium 2- based systems – X-Architecture scalability is unproven due to high-latency interconnect – no published upgrade path to Itanium processors – no AIX support on Itanium Dell has limited experience delivering enterprise solutions: – lacks services and support expertise – no breadth in product line to handle enterprise-wide solutions – commodity only player with no value-add for Itanium-based architecture Sun stands alone in not supporting the Itanium architecture – weak performance on SPARC – a generation behind – Itanium-based solutions from hp outperform now and in the future – no Itanium processor roadmap – poor economies of scale for the future – very weak Windows, Linux and IA-32 solutions Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  33. press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 33 on april 16, 2002 hp and theUS Department of Energy’s Pacific Northwest National Laboratory (PNNL) announced that PNNL had ordered a $24.5 million hp supercomputer. “This new computing power will advance scientific study in a host of areas and keep DOE and our national laboratories on the cutting edge of technology” Spencer AbrahamUS secretary of energy consisting of 1,400 of the of Intel® Itanium® 2 processors, the new hp supercomputer would have an expected total peak performance of more than 8.3 teraflops. Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  34. press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 34 customers who have solved some of the biggest computational problems due to the use of Itanium®-based systems “Using the Itanium 2 architecture, HP’s engineers worked closely with PNNL to apply computational science to key scientific challenges. With the advanced processing power and peak performance delivered by the Itanium 2 architecture and HP’s world-class services and support, PNNL now will have one of the fastest and most powerful supercomputers in the world, and the world’s most powerful Linux-based supercomputer to take on these challenges." David Dixon Assoc. Director for Theory, Modeling and Simulation Department of Energy Scientific User Facility Pacific Northwest National Laboratory “We have been using the HP Itanium-based DL590/64 server for over a year now, and we are impressed with its performance, especially when we we are processing very large volumes of data. We are looking forward to using the next-generation Itanium 2-based systems and seeing how the new SAS configuration will increase performance.” Savvas Papaiacovou Vice President and Manager Customer-based MIS Distribution Stategies Wells Fargo & Company "The Johns Hopkins Sloan Digital Sky Survey has been expanding its catalog size to about 300 million celestial objects that are stored in a Microsoft SQL Server 2000 database. The project manages computations for calculating the distances between all pairs of objects within the catalog. The positive effects of large memory were seen very clearly in the first generation 64-bit Itanium-based server. With HP’s 64-bit Intel Itanium-based platform configured with 28 GB of memory we were able to do the job in 10 days, where it would have taken half a year previously.“ Alex Szalay Johns Hopkins University Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  35. industry analyst presentation • hp restricted • june 6, 2002 • non-disclosure until july 8, 2002 35 technicalcomputing customers solving the most challenging problems due to the use of Intel® Itanium®-based systems “This new computing power will advance scientific study in a host of areas and keep DOE and our national laboratories on the cutting edge of technology” Spencer Abraham, US secretary of energy “We were very impressed by the stability of HP-UX on the new architecture, and by the ability to run Linux, Windows NT and HP-UX on the same platform. The compiler, though very complex, worked correctly. "Although we knew hp had been working very hard on Itanium with Intel, we didn't expect so much progress to have been made so quickly.“ Olivier Oudin, laboratory manager, Airbus “We’ve amassed a considerable number of computer models for the assessment of the crash-worthiness of vehicles. These models require an immense amount of computational power, requiring a real super-computer. The hp Itanium server fills that requirement, and then some.” Cing-Dao Kan, director of simulation and modeling research National Crash Analysis Center Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  36. industry analyst presentation • hp restricted • june 6, 2002 • non-disclosure until july 8, 2002 36 commercial IT customers gaining long lasting investment protection due to the use of Itanium®-based systems "A key element in the design of Intel’s Itanium processor is binary compatibility with hp’s existing systems to ensure that we have a smooth transition to Itanium while maximizing current technology investments. Overall, Itanium provides a wide range of platform and operating system choices, promoting flexibility and choice." Joe Yankauskas manager of technical services Liz Claiborne Inc. “Because we will have less of a variety of systems, we will have less cost of ownership and cost of management so it will enable us to fulfill the needs of our customer more cost effectively and more efficiently.” Juergen Haeusinger, UNIX system manager Datev eG (German Association of Tax Consultants) "The ability to run several operating systems on a single platform will deliver both cost and technology lifecycle benefits. Another benefit for us is interoperability between operating systems like Linux and HP-UX. Thanks to common APIs and binary interfaces across HP-UX and Linux, we can develop once on one operating system and deploy on many." Philippe Marin vice-president, research & development Nextenso Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  37. industry analyst presentation • hp restricted • june 6, 2002 • non-disclosure until july 8, 2002 37 commercial IT customers obtaining better value due to the performance capabilities ofItanium®-based systems "Due to their joint development with Intel, I trust that hp can provide a smooth transition to the new architecture and a broad Itanium solution set (services, financing, consulting, etc.) enabling us to realize the full benefits of Itanium, including enhanced performance, scalability and multi-OS capabilities that will significantly reduce IT complexity and costs.“ Gafar Lawal director of architecture Merrill Lynch, Private Client Technology "We are looking at Itanium and the Itanium based architecture as the hardware platform for the server nodes in the future tele- and datacomm. networks. Since we believe that IA-64 architecture will end up being as ubiquitous as the IA-32 bit is today choosing Itanium was quite natural for us. TelORB includes an high performance in-memory database that will especially benefit from the large addressing space provided by the Itanium machines." Alexander Larruy, M.S.C. Ericsson Utvecklings AB Network Core Products “HP's implementation of Intel's Itanium technology will enable the Bank to undertake projects such as large scale, highly structured statistical modeling of customer data that are currently very difficult to implement." Francois Christen vice president, distribution strategies Wells Fargo Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

  38. press presentation small file v1.3 • hp restricted • june 21, 2002 • non-disclosure until july 8, 2002 38 Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

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