Bowstreet and HP combine strengths to advance business webs

[Ann Kelly <akelly@bowstreet.com>]

Bowstreet, HP combine strengths to advance business webs for next-generation
of e-commerce

Agreement to enrich HP's e-speak

LYNNFIELD, MA, and PALO ALTO, CA, November 27, 2000 -- Bowstreet
(www.bowstreet.com) and Hewlett-Packard Company (NYSE: HWP) today announced
they are working together to expand and enrich "business webs."  As part of
the relationship, the Bowstreet(tm) Business Web Factory is expected to
allow companies to dynamically discover, assemble and integrate HP
e-speak-enabled services to power Bowstreet's business webs. Bowstreet and
HP plan to co-market each other's products, and the two companies plan to
collaborate on evolving HP's service framework specifications.

The alliance is expected to give customers a larger universe of web services
to use and deploy, and with HP's e-speak engine, more powerful ways to
discover those services. The alliance is also designed to help speed the
transformation of standalone companies into a world in which companies share
services on the 'Net to create entirely new businesses and business models.

For example, a real estate company can enable a homebuyer at its web site to
request mortgage quotes by supplying a set of buying criteria. The homebuyer
can specify descriptive attributes such as the type, duration and terms of
the desired mortgage. The e-speak engine will search for all
registered/known mortgage web services and return only those meeting the
selected criteria. Using Bowstreet technology, the real estate company can
combine this e-speak-managed mortgage web service with other web services,
such as home inspection and moving services.  The real estate company can
instantly deploy these web services over the Internet in customized
combinations across multiple devices, such as cell phones and pagers, to
serve the mobile e-services marketplace.

With Bowstreet's change automation technology and HP's e-speak, companies
should be able to find e-services, combine them with any other web service
and then deploy them to thousands of customers and partners in infinitely
customized combinations by pointing and clicking. This plug-and-play
e-commerce approach enables on-the-fly connections to create networks of
companies working in concert in a business web.

Bowstreet and HP share a vision of a new economy powered by web services as
its currency, according to Bowstreet's president and CEO Bob Crowley: "With
this alliance, web service consumers should have more world-class building
blocks for their business webs and new, more powerful ways to find and
integrate them."

"Our alliance with Bowstreet enables customers to take advantage of the
emerging services-based computing model," said Rajiv Gupta, general manager,
HP's E-speak Operation. "Together, we're fashioning the next generation of
the Internet - call it the Business Web."

The e-speak engine is an implementation of the HP services framework
specification. Bowstreet has endorsed and plans to collaborate on the
specification as a viable approach to e-services description, discovery,
negotiation and interoperation. 

About HP
Hewlett-Packard Company - a leading global provider of computing and imaging
solutions and services - is focused on making technology and its benefits
accessible to individuals and businesses through simple appliances, useful
e-services and an Internet infrastructure that's always on. 

HP has 86,000 employees worldwide and had total revenue from continuing
operations of $42.4 billion in its 1999 fiscal year. Information about HP
and its products can be found on the World Wide Web at www.hp.com.


About Bowstreet
Bowstreet provides XML infrastructure for plug-and-play e-commerce.
Bowstreet's Business Web Factory uses change automation technology to create
business webs: fluid, interconnected collections of web services from
multiple providers that come together dynamically over the Internet.
Bowstreet's solutions enable companies to sell new products and services,
create new channels of distribution and develop new business initiatives at
a fraction of the time and cost of many of today's approaches. For more
information, visit www.bowstreet.com or call 781-586-7100.

# # #

All company names and product names may be trademarks or registered
trademarks of their respective companies or owners.

This news release contains forward-looking statements that involve risks,
uncertainties and assumptions. All statements other than statements of
historical fact are forward-looking statements. Risks, uncertainties and
assumptions include the possibility that the market for the sale of certain
products and services may not develop as expected; that development of these
products and services may not proceed as planned; and other risks that are
described from time to time in HP's Securities and Exchange Commission
reports, including but not limited to the annual report on Form 10-K for the
year ended Oct. 31, 1999, and subsequently filed reports. If any of these
risks or uncertainties materializes or any of these assumptions proves
incorrect, HP's results could differ materially from HP's expectations in
these statements. HP does not intend to update these forward-looking
statements.

Contact:	

Ann Kelly
Bowstreet
603-559-1557
akelly@bowstreet.com

Shirley Quastler 				
Hewlett-Packard				
408-447-6174							
shirley_quastler@hp.com	

Tim Munroe 			 
Beaupre & Co. Public Relations	
603-559-5820			
tmunroe@beaupre.com