08/02/2010 12:45:00

HP Helps Organizations Reduce Business Risk with Transparent Records Management

HP (NYSE:HPQ) today introduced a records management solution that

enables customers to significantly reduce the business risks associated

with the growing regulatory compliance and legal discovery demands.

HP

TRIM 7 – an advanced records management solution built on 24 years

of experience and best practices – enables organizations to

transparently manage all of their Microsoft SharePoint Server records in

a single environment, regardless of the source. This includes documents

as well as information found in SharePoint Server blogs, wikis,

discussions, forms, calendars and workflows.

Widespread adoption of SharePoint Server provides the opportunity to

consolidate and simplify the management of content stored across

multiple SharePoint instances. HP TRIM 7 enables the transparent

capture, search and management of all types of physical and electronic

business information, including Microsoft Office SharePoint Server 2007

and the upcoming SharePoint Server 2010.

“Organizations today need solutions to manage the explosion of large

volumes of information,” said Mark Gilbert, research vice president,

Gartner. “New solutions are growing rapidly for authoring and managing

enterprise content in various formats and sources, and this trend is

truly changing the way organizations do business.”

“The explosion in Content 2.0 blogs, wikis and discussions creates new

information management challenges for organizations trying to meet an

escalating set of regulation,” said Jonathan Martin, vice president and

general manager, Information Management Solutions, HP. “HP TRIM allows

customers to marry records management best practices and governance with

dynamic collaboration platforms such as SharePoint.”

Transparent records management for Microsoft SharePoint products and

technologies

To help SharePoint Server customers, HP TRIM 7 provides two new modules:

  • HP TRIM Records Management

    improves business records management by providing transparent access

    to all the SharePoint Server content held in HP TRIM right from the

    SharePoint Server workspace. In addition, HP TRIM’s U.S. Department of

    Defense 5015.2 v3 certification means users are getting the highest

    levels of records management control for their enterprise content.

  • HP TRIM Archiving helps

    customers reduce the risk of data loss when reclaiming storage and

    system resources from SharePoint Server. The module seamlessly

    archives specific list objects in SharePoint Server, or entire

    SharePoint Server sites, to HP TRIM. This happens behind the scenes,

    which allows users to take entire SharePoint Server sites offline

    while ensuring continued access to information.

”We’re pleased to see HP embracing and extending the SharePoint platform

for their TRIM offering. For our joint customers, this provides a great

opportunity to realize the value of their investment in both technology

stacks,” said Tricia Bush, director, Microsoft SharePoint. “This shows

the commitment of both companies to openness and interoperability in the

content management arena.”

Faster deployment, increased productivity

With the new HP TRIM 7 web client interface and its highly configurable,

off-the-shelf capabilities, customers can realize a faster deployment

compared to other records management solutions – in weeks rather than

months. In addition, the improved indexing and search capability allows

customers to decrease the time spent searching for critical information

as well as reduce response time for legal discovery, compliance requests

and audits. Many HP TRIM customers have found improvement in staff

efficiencies of up to 65 percent.(1)

The City of Ryde, a local government agency in New South Wales,

Australia, reduced electronic information discovery request time by 80

percent, from 10 days to two days, by implementing HP TRIM.(2)

“By streamlining our business processes with HP TRIM, we can process

customer applications in hours versus several days, which has helped us

reduce our technology costs, and improve our customer service and

information governance,” said Linda Shave, manager, Information,

Integration and Compliance, City of Ryde.

HP also offers services

for Information Governance, Records Management Implementation and

Microsoft SharePoint for faster time to value of HP TRIM.

More information is available at www.hp.com/go/informationmanagement.

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 is available at http://www.hp.com.

(1) “Metro Regional Government – Case Study,” HP, 2008.

(2) “City of Ryde Case Study,” HP, 2009.

Microsoft is a U.S. registered trademark of Microsoft Corporation.

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 or market share 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 execution and performance of contracts by HP and its customers,

suppliers and partners; the achievement of expected operational and

financial results; and other risks that are described in HP’s filings

with the Securities and Exchange Commission, including but not limited

to HP’s Annual Report on Form 10-K for the fiscal year ended October 31,

2009. HP assumes no obligation and does not intend to update these

forward-looking statements.

© 2010 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 constructed as constructing an additional

warranty. HP shall not be liable for technical or editorial errors or

omissions contained herein.

HP

Michelle Doss, +1-214-303-0412

michelle.doss@hp.com

or

HP

Media Hotline, +1-866-266-7272

pr@hp.com

www.hp.com/go/newsroom

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