<font size=-1>HP COMPLETES ACQUISITION OF DAZEL CORPORATION</font>

LaserJets Acquire Some Razzle-Dazel

HP has announced the completion of its acquisition of Dazel Corporation (Austin, Texas), a leading provider of Electronic Information Delivery Solutions. Approved by shareholders and governmental regulatory agencies, Dazel is now a wholly owned subsidiary of HP and will continue operating under the Dazel Corporation name as part of HP's LaserJet Imaging Systems business.

"The acquisition of Dazel by HP has the potential to create a new force in output management solutions backed by excellent printing and imaging technology and first-rate solutions creators and services personnel," said R. Paul Mason, vice president, Infrastructure Software Research for International Data Corporation. "IDC believes that HP's channels and services will assist Dazel in reaching a far greater set of customers."

Dazel's family of information delivery products leverage both hardcopy and the Web to distribute and access information in the form of documents and reports, thereby optimizing business-to-business communication, improving business cycle times and reducing costs.

"We are pleased to be a cornerstone of HP's strategy for helping customers distribute, use and access information when, where and how they want to," said Bill Bock, president of the Dazel Corporation subsidiary. "This union will enable us to take our solutions to a whole new level for our customers."

On the heels of the acquisition, Dazel announced version 3.2 of its Output Server product. The new release offers:
  • A new graphical interface that allows Dazel Output Server administrators to discover, interrogate and configure print destinations;
  • Streamlined day-to-day operations -- new documentation, including a Maintenance Log Book and Maintenance Guide, standardize best practices to improve deployment. Enhanced, graphical notification and system message tracking make it faster and easier for operators to view and diagnose issues for an individual job or destination;
  • System configuration enhancements -- Dazel Output Server now supports multiple administrative domains residing on the same server, providing enhanced failover capabilities. Version 3.2 now supports guest delivery, which allows administrators to define a default set of privileges for anyone in the organization.
Dazel Output Server 3.2 is slated to be available July 1 for HP-UX, IBM AIX, Windows NT, and Sun Solaris. Pricing starts at $150 per named user.