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Veterans Affairs Selects HP to Improve Healthcare Claims Processing

PALO ALTO, CA — (Marketwire) — 03/06/12 — HP (NYSE: HPQ) today announced that the U.S. Department of Veterans Affairs (VA) has selected HP Enterprise Services to continue as a prime contractor for the Compensation and Pension Record Interchange (CAPRI) support program to help deliver quality healthcare to veterans.

HP will provide overall project management, business process analysis and testing services as well as software design, development and support services. The contract extends HP-s 10-year involvement with the CAPRI application, and the company-s relationship with the VA, which has spanned more than 12 years.

The CAPRI application enhances the efficiency of claims processing by allowing the Veterans Health Administration and the Veterans Benefits Administration to share medical data through the Bidirectional Health Information Exchange system. The CAPRI software provides online access to medical data, which enhances the timeliness of the benefits determination. This will facilitate expedited claims processing and improved quality of healthcare for disabled veterans.

“Providing quality healthcare in a timely manner to veterans is a top priority for the VA,” said Marilyn Crouther, senior vice president and general manager, U.S. Public Sector, HP Enterprise Services. “By enhancing the CAPRI application, HP and the VA will provide faster access to healthcare for veterans by expanding the VA-s information exchange network and expediting the claims cycle.”

Over the term of the contract, HP will team with small, veteran-owned businesses Systems Made Simple Inc. and V-Tech Solutions Inc. to complete the project.

In support of the CAPRI Program, HP will deliver comprehensive, secure technology solutions to support the VA-s patient-centric delivery of high-quality healthcare to the country-s valued veterans.

In a world of continuous connectivity, HP enables agencies to become with technology, security and innovation embedded throughout their organizations to deliver immediate services to citizens and clients. Clients will learn more at HP-s premier client event, , which takes place June 4-7 in Las Vegas.

More information about HP Enterprise Services- government business is available at .

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 , , , and to solve customer problems. More information about HP is available at .

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, including execution of restructuring and integration plans; 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 competitive pressures faced by HP-s businesses; 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 customers, suppliers and partners; the protection of HP-s intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; expectations and assumptions relating to the execution and timing of restructuring and integration plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP-s Annual Report on Form 10-K for the fiscal year ended October 31, 2011 and HP-s other filings with the Securities and Exchange Commission. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2012 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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