AUTONOMY WINS TECHMARK ACHIEVEMENT OF THE YEAR AWARD
Outstanding Achievement Is "Head and Shoulders Above the Rest"
Cambridge, England and SAN FRANCISCO – November 22, 2011 – Autonomy Corporation, an HP Company, today announced that it has won the techMARK Achievement of the Year award in acknowledgement of outstanding financial performance. The award is given to a person or company who has produced exceptional results through any number of means, whether a joint venture, new market or successful product launch. Autonomy won in recognition of the high premium and valuation received when it was acquired by Hewlett Packard in August 2011.
"This award not only acknowledges that Autonomy achieved a very high valuation when HP acquired it, but it also highlights the importance of what we do," said Dr Mike Lynch, CEO of Autonomy. "We are at the beginning of an exciting change in the IT industry, where information will no longer have to be made to fit the computer. HP understood that when it made its offer and, with Autonomy's technology, is now at the forefront of that change."
"The voting panel was clear that this achievement was head and shoulders above the rest," commented Louise Minchin, BBC personality and Awards presenter, on behalf of the voting panel. "As a result, Autonomy was the only real contender to win the techMARK Achievement of the Year 2011."
About Autonomy
Autonomy Corporation, an HP Company, is a global leader in software that processes human information, or unstructured data, including social media, email, video, audio, text and web pages, etc. Autonomy's technology manages and extracts meaning in real time from all forms of information, both unstructured and structured, enabling companies to leverage their data assets. Autonomy's product portfolio helps power companies through enterprise search analytics, business process management and OEM operations. Autonomy also offers information governance solutions in areas such as eDiscovery, content management and compliance, as well as marketing solutions that help companies grow revenue, such as web content management, online marketing optimization and rich media management.
Autonomy's solutions are used by more than 25,000 customers including 87 of the Fortune 100, 10 of the top 10 financial services firms, 75% of the global 100 law firms, 9 of the top 10 pharmaceutical companies and many government agencies. Over 400 of the world's leading technology companies embed Autonomy's technology in their products. Autonomy also owns the largest private cloud of diverse data, with 31 Petabytes of information.
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 at the convergence of the cloud and connectivity, creating seamless, secure, context-aware experiences for a connected world. More information about HP (NYSE: HPQ) 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 growth strategies, transformation initiatives and restructuring 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 growth strategies, transformation initiatives and restructuring plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2011 and HP's other filings with the Securities and Exchange Commission, including but not limited to HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2010. HP assumes no obligation and does not intend to update these forward-looking statements.
About the techMARK Awards
Since the launch of the techMARK in 1999 by the London Stock Exchange, The techMARK Awards, sponsored by PwC, has brought together the largest annual gathering of quoted technology companies in the UK. It celebrates the best in the sector and highlights the achievements of individuals and companies, and recognises the importance of access to the capital markets to fund growth and innovation. For the first time last year, an Emerging Star of the Year Award was established for private technology companies who had previously been unrecognised.
The Awards attract CEO's and FD's of the fastest growing technology companies plus investment bankers, fund managers, analysts and corporate advisors.
The event holds an annual charity collection and to date almost £100,000 has been raised for a number of child and youth focused charities. This year the dinner is supporting The Princes Trust and the Brentwood Children's Catholic Society which provides counselling for children and young adults across the whole of Essex up to the age of eighteen, regardless of their beliefs.
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This is a small selection of the Autonomy case studies available, please visit our publications site at http://publications.autonomy.com/ for more information.
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...
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This is a small selection of the Autonomy White Papers available, please visit our publications site at http://publications.autonomy.com/ for more information.
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