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HP and Blue Shield of California Sign Five-Year Infrastructure and Applications Services Agreement43-Year Relationship Extended to Enhance Delivery of Services to Blue Shield Customers (January 17, 2012)
PALO ALTO, CA -- (Marketwire) -- 01/17/12 -- HP (NYSE: HPQ) Enterprise Services and Blue Shield of California today announced they have signed an agreement designed to enable Blue Shield to deliver new services that enhance efficiencies and improve affordability of health care for its customers.
Under the five-year contract, HP will continue providing technology infrastructure and applications support to Blue Shield, extending a relationship that has spanned more than 43 years. Terms of the contract were not disclosed.
"In an industry facing constant change, we remain committed to improving service to customers, providers and employers while keeping costs down," said Elinor MacKinnon, senior vice president and chief information officer, Blue Shield of California. "HP is uniquely positioned to provide the hardware, software and services we need to deliver new products at a lower cost to our customers throughout California."
HP will continue providing Applications Development and Management Services for more than 100 Blue Shield core administrative data and corporate systems as part of the new agreement. HP will manage these applications using tiered service levels designed to enable Blue Shield to more effectively align and better manage its applications environment as opportunities are presented.
HP also will provide Applications Services using its global delivery system to connect existing centers of excellence with software professionals across Blue Shield projects.
The Blue Shield systems reside on mainframe, midrange servers hosted in a secure HP data center supported by HP Managed Mainframe Services and HP Server Management Services. HP Continuity Services provide a robust disaster-recovery strategy with data mirrored in primary and secondary sites for Backup and Restore.
"Healthcare reform and rising costs are driving transformation across the insurance industry, requiring Blue Shield to focus more on streamlining and standardizing to adapt to market demands," said Sue Arthur, vice president, Healthcare and Life Sciences Industry, HP Enterprise Services. "Our strong relationship with Blue Shield enables us to support their business transformational goals and help them remain focused on delivering quality, affordable health care coverage to the people of California."
In a world of continuous connectivity, the Instant-On Enterprise embeds technology in everything it does to serve customers, employees, partners and citizens with everything they need, instantly.
HP's premier client event, HP DISCOVER, takes place June 4 - 7 in Las Vegas.
About Blue Shield of California
Blue Shield of California, an independent member of the Blue Cross Blue Shield Association, is a not-for-profit health plan with 3.3 million members, 4,800 employees, and one of the largest provider networks in California. Founded in 1939 and headquartered in San Francisco, Blue Shield of California offers a wide range of commercial and government products throughout the state. The company has contributed more than $125 million over the past four years to the Blue Shield of California Foundation -- which was named one of BusinessWeek's top 20 most generous corporate foundations. Contact your local agent or broker for more information about Blue Shield products and services, or visit the Blue Shield web site at www.blueshieldca.com.
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.
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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