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HP to Provide HP Helion Cloud Services in China

China Service Provider UnionRead to Build and Operate Community Clouds Using HP Helion Based on OpenStack Technology

PALO ALTO, CA -- (Marketwired) -- 08/21/14 -- HP (NYSE: HPQ) today announced it has signed an agreement with Beijing UnionRead Information Technology Ltd., a leading content distribution network service provider and hybrid cloud operator, to build and operate community clouds for enterprise customers in China.

UnionRead will be the first service provider in China to deploy HP Helion solutions based on OpenStack® technology since HP introduced the HP Helion portfolio earlier this year. The agreement is a significant step that will enable HP to meet customers' growing demand for cloud services in one of the fastest-growing cloud markets in the world and demonstrates momentum for the HP Helion portfolio.

A community cloud offers an infrastructure that is shared between multiple organizations with common interests, for example, vertical industries or geographies that have similar security, privacy, performance and compliance requirements.

"Community clouds will become increasingly prevalent in China as communities of interest, such as an automotive supply chain or a city government, seek to gain efficiencies and speed by leveraging a common cloud infrastructure," said Martin Fink, executive vice president and chief technology officer, HP. "Through our relationship with UnionRead, we will be able to offer customers a fully supported hybrid-cloud solution, leveraging OpenStack technology, to quickly and reliably build community clouds."

UnionRead will establish a dedicated team to build, operate and support community clouds. UnionRead also plans to deploy HP Helion as the technology foundation that extends across its data centers throughout China. UnionRead community clouds will offer the following technical capabilities:

  • Infrastructure as a service (IaaS) -- compute, storage and networking using HP Helion OpenStack commercial distribution.
  • Platform as a service (PaaS) -- the HP Helion Development Platform based on Cloud Foundry, a leading open-source development project, enabling developers and system integrators to build cloud-native applications using a flexible, open architecture.
  • Software as a service (SaaS) -- services from HP and HP partners spanning a wide range of business applications, such as big data analytics.

"Building and operating community clouds based on HP Helion further drives UnionRead's innovation and development in virtual computing and network virtualization," said Peng Yang, chairman, UnionRead. "We are looking forward to working with HP to develop comprehensive cloud solutions in China. UnionRead and HP will jointly serve customers in many industries like education, healthcare, transportation and finance."

Since entering the China market in 1985, HP has applied a strategy of "In China, for China," seeking to contribute to China's economic and social progress in order to achieve mutual growth and advancement.

"HP has hundreds of private cloud customers in China. We are committed to establishing strategic relationships with Chinese partners to drive the next wave of cloud adoption," said Robert Mao, chairman, China Region, HP. "The HP Helion Cloud operated by UnionRead will provide world-class cloud technologies and services in China, helping enterprise and commercial customers collaborate across industries to benefit from the cloud era."

Community clouds based on HP Helion are expected to be available in China next year. Additional information about HP Helion Cloud is available at hp.com/helion.

About HP
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. With the broadest technology portfolio spanning printing, personal systems, software, services and IT infrastructure, HP delivers solutions for customers' most complex challenges in every region of the world. More information about HP is available at http://www.hp.com.

The OpenStack Word Mark is either a registered trademarks/service mark or trademark/service mark of the OpenStack Foundation, in the United States and other countries and is used with the OpenStack Foundation's permission. We are not affiliated with, endorsed or sponsored by the OpenStack Foundation, or the OpenStack community.

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 the need to address the many challenges facing HP's businesses; the competitive pressures faced by HP's businesses; risks associated with executing HP's strategy and plans for future operations and investments; the impact of macroeconomic and geopolitical trends and events; the need to manage third-party suppliers and the distribution of HP's products and services effectively; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; risks associated with HP's international operations; 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 suppliers, customers, clients and partners; the hiring and retention of key employees; integration and other risks associated with business combination and investment transactions; 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 Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2014, and that are otherwise described or updated from time to time in HP's Securities and Exchange Commission reports. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2014 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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