HP Ranks First in Total Disk Storage and External Disk Storage Systems

3/8/2004 - HP announced that it continued its No. 1 position for worldwide disk storage systems factory revenue for the seventh consecutive quarter, according to market data released today by IDC.[1]

IDC also reported that in worldwide external disk storage systems factory revenue, which posted its largest quarterly growth in more than two years, HP is once again the market leader with 21.7 percent revenue share for the fourth quarter.

Additional key highlights:

"Our continued overall disk storage systems market leadership and significant growth in Open SANs and NAS can be attributed to our strategic focus on these rapidly expanding segments of the storage market," said Bob Schultz, senior vice president and general manager, Network Storage Solutions, HP. "HP, in concert with our partners, is delivering what customers require - open, modular network storage.

"Customers continue to turn to HP and our powerful StorageWorks portfolio and industry-standard servers for solutions that work better together, simplify IT management and are backed by HP's world-class services and support expertise."

About HP
HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing. For the last four fiscal quarters, HP revenue totaled $74.7 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at http://www.hp.com.

[1] IDC, "Worldwide Quarterly Disk Storage Systems Tracker," March 2004.
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