press release

BP Deploys HP Intel® Itanium® 2-Based Systems for Seismic Imaging Research

Intel Itanium 2-Based Solution Running Linux Delivers Significant Price-Performance Improvement, Time Savings for Oil, Gas Exploration

Intel Corporation and HP (NYSE:HPQ) today announced that BP, one of the world's largest petroleum and petrochemicals companies, has added new and additional computing capabilities to its advanced seismic research facility. The research facility will benefit from the addition of HP Intel® Itanium® 2-based systems running Linux, resulting in dramatically faster seismic imaging.

Based in Houston, BP's advanced seismic research center now includes a high-performance computing (HPC) cluster of 259 HP rx5670 systems with more than 1,000 Itanium 2 processors, providing a total of 4 teraflops and 8000 GB of memory, running under the Linux operating system. The HP Server rx5670 is part of HP's broad portfolio of industry-standard Itanium-based hardware for enterprise customers. Using HP's Itanium 2-based systems running Linux as well as Intel and HP software, compilers and tools, BP has achieved a significant increase in computing power, resulting in clearer images of the Earth's subsurface structures and the hydrocarbons they contain.

"To achieve the most cost-effective and productive drilling procedure, we have to gather massive sets of seismic data and analyze them quickly and accurately," said Keith Gray, manager of BP's HPC center. "The combination of HP Itanium 2-based servers running Linux and software tools and services from Intel and HP gives us the power to produce better-defined results in a fraction of the time."

"The BP seismic solution illustrates the growing momentum for Itanium 2-based systems in heavy-duty enterprise computing," said John Davies, vice president, Sales and Marketing Group and director, Intel's Solutions Market Development Group. "By using Itanium 2-based systems to run one of the most powerful commercial computing centers in the world, BP is able to take advantage of the world-class reliability, scalability and power provided by the Itanium 2 processor."

"Itanium 2-based solutions are increasingly becoming the platform of choice for highly demanding applications in the technical and commercial marketplaces as they save customers valuable time and money," said Mark Hudson, vice president of Marketing for HP's Business Critical Systems. "By deploying Itanium 2-based HP systems running Linux, BP is able to assess and manage the search for hydrocarbons more efficiently, while also reducing the risk inherent in exploration and development."

Moore's Law - conceived by Intel co-founder Gordon Moore in 1968 - has pushed the performance of Intel-based computing platforms to the forefront of scientific and business innovation, helping to slash computing costs and expand high performance computing beyond the confines of proprietary supercomputers to a more mainstream production environment. Intel-based solutions are rapidly becoming the platform of choice because of their outstanding price/performance and scalability, support for open-source development, and extended, multi-vendor environment.

The Intel Itanium 2 processor is the second in the Itanium processor family, a line of enterprise-class processors from Intel that brings the performance and volume economics of Intel architecture to the most data-intensive business-critical and technical computing applications. The Itanium processor family enables a broad choice of reliable platforms and software for high-end servers and workstations at significantly lower cost with better performance than many proprietary offerings.

Additional Information

An article about BP's HPC center appears in the April 2003 issue of Frontiers, BP's group magazine of technology and innovation. The article, written by the magazine's editor Terry Knott, may be read at www.bp.com/frontiers.

About HP

HP is a leading global provider of products, technologies, solutions and services to consumers and businesses. The company's offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing. HP completed its acquisition of Compaq Computer Corporation on May 3, 2002. More information about HP is available at http://www.hp.com.

About Intel

Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at www.intel.com/pressroom.

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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This news release contains forward-looking statements that involve risks, uncertainties and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the possibility that the market for the sale of certain products and services may not develop as expected; that development and performance of these products and services may not proceed as planned; and other risks that are described from time to time in HP's Securities and Exchange Commission reports, including but not limited to HP's quarterly report on Form 10-Q for the quarter ended January 31, 2003, and subsequently filed reports. If any of these risks or uncertainties materializes or any of these assumptions proves incorrect, HP's results could differ materially from HP's expectations in these statements. HP assumes no obligation to update these forward-looking statements.