PALO ALTO, Calif., April 18, 2005 - HP expanded its industry-leading solution for location-based services (LBS) by integrating position determination software from Cambridge Positioning Systems, Ltd. (CPS) into HP software running on an HP hardware platform.
The two companies signed a reseller agreement under which the high-accuracy CPS Matrix position determination application will be integrated with the HP OpenCall Intelligent Network Server (INS) service control software running on HP NonStop servers. Both companies will offer the Matrix solution to GSM mobile operators worldwide.
The HP LBS solution is built with HP OpenCall and partner applications, HP carrier-grade platforms, and is designed, integrated and supported by HP Services.
Widely known as a leader in the location services business, HP recently won the Carrier LBS Solution of the Year Award from analyst firm Frost & Sullivan.
"The CPS Matrix technology is a very valuable addition to the HP location services portfolio," said David Bealby, vice president, Telecom Platforms, NonStop Division, HP. "The integration of Matrix, HP OpenCall software, and NonStop servers can deliver significant operational and business benefits for GSM mobile operators."
CPS' Matrix application, which is executed in both client and server software, combines location accuracy to under 100 meters, all-environment coverage, and rapid location fixes, all of which are key capabilities needed in a location solution.
"CPS' Matrix, along with HP OpenCall, NonStop platforms, and LBS expertise, creates an outstanding platform for operators who are seeking to deploy high-accuracy location-based services for enterprises, consumers, and emergency services," said Chris Wade, chief executive officer, Cambridge Positioning Systems. "We are already seeing increasing levels of demand in established and emerging markets."
About CPS
CPS (Cambridge Positioning Systems Limited) delivers cost competitive high accuracy mobile location technology to the billion-strong customer GSM and emerging 3G/WCDMA markets. CPS' products are based on its software-only Matrix technology - which delivers sub-100m accuracy, sub-3 second location fixes and all environment coverage. The product portfolio extends to Matrix 3G and E-GPS - a powerful combination of Matrix and GPS technology.
With network deployments of Matrix underway, CPS is working with the world's leading mobile technology companies to enable a new generation of high accuracy location based services and devices for enterprise and consumer markets. Headquartered in Cambridge (UK), CPS is funded by venture capital and strategic corporate investors. CPS' value is underpinned by 20 key worldwide technology patents - one of the largest and most comprehensive IPR portfolios of high accuracy location technology in the world. For more information about CPS visit: www.cpslocates.com.
About HP
HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, global services, business and home computing, and imaging and printing. For the four fiscal quarters ended Jan. 31, 2005, HP revenue totaled $81.8 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at www.hp.com.
This news release contains forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they ever materialize or prove incorrect, could cause the results of HP and its consolidated subsidiaries to 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 the expected development, performance or rankings of products or services; statements of expectation or belief; and any statement of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the development, performance and market acceptance of products and services 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 Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2004. HP assumes no obligation and does not intend to update these forward-looking statements.
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