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8/22/2013
12:15 PM
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U.S. Department of Homeland Security Awards HP Continuous Monitoring Services Contract

One-year contract has a ceiling of $6 billion

PALO ALTO, Calif., Aug. 22, 2013 -- HP today announced it has been selected as a technology provider by the U.S. Department of Homeland Security (DHS) for the Continuous Diagnostics and Mitigation (CDM), Tools and Continuous Monitoring as a Service (CMaaS) General Services Administration (GSA) Blanket Purchase Agreement (BPA). The one-year contract has a ceiling of $6 billion if all four one-year options are exercised. HP is one of 17 vendors chosen to make up the BPA.

The DHS CDM Program, designed to help strengthen the security posture of the nation's federal .gov networks, will enable the government to cost-effectively identify and mitigate agency network and system vulnerabilities. CDM is a key component in helping agencies' comply with the Office of Management and Budget's (OMB) mandate for all federal agencies to implement a continuous monitoring solution.

The BPA will allow federal agencies as well as state and local governments to procure tested continuous monitoring tools and services from approved vendors. HP will compete for task orders to provide continuous monitoring services to government agencies, helping them to move from a periodic, static mode of risk analysis to an ongoing cycle of risk identification, analysis and mitigation.

HP brings extensive commercial and government cybersecurity expertise to the BPA and can provide a variety of services and solutions under the agreement, including sensors, diagnostic and mitigation tools, asset and configuration management as well as CMaaS. For over 40 years, HP has delivered security and monitoring expertise while serving as a trusted leader in the government sector.

"As threats to systems and data continue to evolve, it is important that government agencies have access to real-time situational awareness and decision criteria to ensure their continued ability to deliver citizen services and protect economic or national security," said Betsy Hight, Vice President, Cybersecurity Solutions Group, HP Enterprise Services, U.S. Public Sector. "As an experienced government partner, we understand the security of government data and assets is a top priority for federal agencies and we are proud to be chosen to help augment the government's security and monitoring capabilities."

More information about HP Enterprise Services' government business is available at www.hp.com/enterprise/government. Additional information on HP's cybersecurity solutions for the U.S. public sector is available at http://hp.com/go/cybersecurity.

About HP

HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world's largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure to solve customer problems. More information about HP (NYSE: HPQ) is available at http://www.hp.com.

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, market share or competitive performance relating to products and services; any statements regarding 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 macroeconomic and geopolitical trends and events; the competitive pressures faced by HP's businesses; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; assumptions related to pension and other post-retirement costs and retirement programs; the execution, timing and results of restructuring plans, including estimates and assumptions related to the cost and the anticipated benefits of implementing those plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's filings with the Securities and Exchange Commission, including HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2012. HP assumes no obligation and does not intend to update these forward-looking statements.

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