Company Brief
Bangalore, September 17, 2007
AOL today announced that it has signed an agreement with HP to offer co-branded, localized versions of its portal, toolbar and search on HP desktop and notebook PCs sold worldwide. Under the agreement, the co-branded portal will be set as the default homepage, and the co-branded toolbar and search will be default settings in various countries worldwide. Financial terms were not disclosed.
The agreement extends and expands the existing relationship between HP and AOL , which provides consumers with a co-branded AOL /HP portal as the default homepage for HP consumer PCs sold .
Under the new agreement, AOL will provide HP with co-branded local language portals and toolbars, as well as search solutions for each relevant country. AOL will provide HP users with a customizable, modular co-branded portal, based on myAOL, which was recently released into public beta in the U.S. The portal will provide space on the home page for end users to access relevant HP content, services and partner offerings, as well as offer consumers and business users access to other key AOL products and services in international markets.
"This agreement provides us a unique opportunity to showcase our portal, toolbar and other products and services to a truly global audience," said Ron Grant, President and Chief Operating Officer, AOL . "At a time when international online markets are experiencing rapid growth, AOL is now poised to enable people around the world to create a personally relevant online destination."
“Customers from the board room to the living room continue to recognize and prefer the unique features designed into HP PCs,” said Satjiv Chahil, senior vice president, Personal Systems Group, HP. “The new AOL /HP portal will provide customers the ability to make their PCs even more personal through a suite of customizable products and services.”
India too, AOL's agreement with HP, the #1 computer manufacturer, lets us accelerate our ambitious expansion strategy, giving us a cost-effective way to reachout to new users with our portal, toolbar, web-based email and other products, which will come pre-loaded on HP computers.
For further information, please contact:
Anand Baskaran
AOL India
anandbaskaran@aol.com
91 98450 28508
Navin Nair
Madison
Navin Nair
Direct:+91 80 25323210
Mobile : +91 9845094507
navin@blr.madisonindia.com