May 18, 2000–Hewlett-Packard Company and MICROS Systems, Inc. (Nasdaq: MCRS), a leading provider of information technology solutions to the hospitality industry, today announced a multi-tiered alliance. The alliance involves the development of Internet-based business solutions for the hospitality industry worldwide, MICROS’ resale of HP products, and certain co-marketing efforts.
HP and MICROS will co-develop an industry-specific Application Service Provider (ASP) resident on HP servers to be managed by USinternetworking. MICROS’ restaurant data-warehousing product Insight, a decision-support solution for foodservice, is the first product available through the alliance. Periodic releases of MICROS’ software specific to hotel and restaurant management have been scheduled to occur throughout the year.
In addition, terms of the agreement stipulate MICROS’ new status as an authorized reseller of HP products. MICROS has named HP as its preferred provider of servers and PCs preconfigured with MICROS restaurant solutions. The two companies will conduct joint marketing of certain products and services via the Internet, industry advertising and trade shows.
“HP’s strength in mission-critical deployment is crucial to an industry known for 7×24 customer service,” said Deborah Nelson, vice president of marketing and partners for HP’s Enterprise Computing. “Our products provide MICROS and its customers with a foundation of unparalleled reliability, flexibility and security. The hospitality industry benefits by receiving one-stop shopping for the most advanced technology needs and solutions.”
“As a leader in information technology for the hospitality industry, it is vital for MICROS to be allied with a strong IT provider to create superior e-commerce solutions,” stated Thomas L. Patz, executive vice president, strategic initiatives and general counsel for MICROS Systems. “Working with HP, we will be able to offer customers the innovative, functional products and responsive service they have come to expect from MICROS. Additionally, we look forward to partnering with HP on certain new Internet strategies and opportunities.”
About MICROS Systems, Inc.
MICROS Systems, Inc. provides enterprise applications for the hospitality industry worldwide. Over 120,000 MICROS systems are currently installed in table and quick service restaurants, hotels, motels, casinos and leisure and entertainment operations in more than 130 countries. MICROS provides property management systems, central reservations and customer information solutions under the brand MICROS-Fidelio for more than 10,000 hotels worldwide. MICROS’ stock is traded through NASDAQ under the symbol MCRS. For more information on MICROS, please contact Louise Casamento, Manager of Marketing Communications at (443) 285-8144. You can also visit the MICROS web site at www.micros.com or send an email to email@example.com.
Hewlett-Packard Company — a leading global provider of computing and imaging solutions and services for business and home — is focused on capitalizing on the opportunities of the Internet and the proliferation of electronic services.
HP announced that it will spin off Agilent Technologies and distribute its shares of Agilent on June 2, 2000 to HP shareowners of record as of May 2, 2000. Agilent consists of HP’s test and measurement, semiconductor products, chemical analysis and healthcare solutions businesses.
HP has 85,400 employees worldwide and had total revenue from continuing operations of $42.4 billion in its 1999 fiscal year. Information about HP and its products can be found on the World Wide Web at www.hp.com.