Tecnomatix Signs Multi-Million Dollar Outsourcing Agreement with HP

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Herzlia, Israel — Tecnomatix Technologies Ltd. and HP announce a joint six-year, multi-million dollar per year agreement whereby HP will manage and support most of Tecnomatix's worldwide internal IT operations.

In addition, both companies will jointly promote Tecnomatix's Manufacturing Process Management (MPM) solutions to the global manufacturing community.

Under the terms of the agreement, HP will be responsible for the IT infrastructure, assets, services and support at Tecnomatix's offices throughout Europe, North America and Asia. By outsourcing its IT activities to HP, Tecnomatix expects to benefit from a modernized IT infrastructure, improved service levels, increased IT efficiency and lower costs. For example, the Tecnomatix-distributed IT environment will be managed from a central monitoring and control center that will enable detection and resolution of IT issues.

In addition, HP will work with the Tecnomatix sales and global professional services teams to further develop Tecnomatix's MPM business and offer joint IT services solutions to customers of both companies worldwide.

HP is a technology solutions provider to consumers, businesses and institutions globally. For more information, visit www.hp.com.

Today's leading global manufacturers are adopting Tecnomatix eMPowersolutions for MPM to expand revenue potential and reduce costs by accelerating product introductions, shortening time-to-volume, and optimizing production execution. For more information, visit www.tecnomatix.com.



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