HEWLETT-PACKARD AND SCHRODINGER SIGN PRODUCT DEVELOPMENT PACT.



Hewlett-Packard Company and Schrodinger, Inc. have formed a strategic alliance for current and future product development.

The goal of the alliance is to optimize and parallelize Schrodinger's existing and future software products to give them faster throughput and higher performance using the multiprocessor capabilities of the HP 9000 technical server.

"This alliance allows us to develop our software tools on the powerful HP platforms," said Wayne Guida, president and chief executive officer at Schrodinger, Inc. "Overall system performance is of utmost importance to our customers, but our software is only half of the equation. By partnering with HP, we can deliver an extremely powerful total solution."

Schrodinger is a technology leader in high-performance computational chemistry software. Its Jaguar product is a powerful suite of quantum chemistry programs that helps chemists enhance throughput, treat larger systems, obtain higher accuracy and achieve results where other programs fail. Jaguar has been ported to run on HP-UX 11, and as part of this alliance, Jaguar also will be paralleled to run on HP 9000 technical servers.

Schrodinger's MacroModel is a molecular-modeling package that can be applied to a wide range of scientific problems. MacroModel has a reputation for being computationally rigorous, and its innovative computational and analysis tools make it an indispensable tool for pharmaceutical research. MacroModel is currently being ported to run on HP-UX 11 and parallelization efforts also are in progress.

"Schrodinger, Inc. is committed to delivering groundbreaking new algorithms and software technology to help its users stay on the leading edge of computational chemistry," said David Valenta, manager for scientific research and biochemistry at HP's High Performance Systems Division. "In order for software to perform at its optimal level, it needs the power of a high-performance computer behind it. The multiprocessor capabilities on our high-end HP 9000 technical servers, combined with paralleled industry-leading software applications, provide chemists with unequalled computing resources."

HP offers the chemistry industry a full line of highly scalable, UNIX system servers, featuring multiprocessors, high-performance memory systems, large memory capacity and high-bandwidth I/O. In addition, HP 9000 technical servers -- which combine HP's 64-bit HP-UX 11 operating environment, PA-8500 RISC architecture, industry-leading high-availability offerings, and mission-critical services and support -- provide unparalleled analytical capability.

The HP 9000 technical server family, consisting of the R-, D-, K- and V-Class platforms, scales up to 32 CPUs and 16GB RAM. This scalability, combined with HP's industry-leading 64-bit PA-RISC(2) processor and more cache memory than any other servers, makes HP technical servers an ideal platform for computational chemistry research.

In addition to HP's expertise in providing high-performance servers, the company supplies biochemistry and scientific researchers with a total solution for all of their analysis needs through products from HP's Chemical Analysis Group. A major manufacturer of chemistry-analysis instrumentation since 1965, the Chemical Analysis Group entered the 1990s with comprehensive solutions for the analytical laboratory. Leveraging core competencies in measurement, computers and communications, HP combines a full range of data-handling and standard networking products with HP and other vendors' analytical instruments, to increase analytical productivity. All of these products can be integrated to provide the chemist with information, quickly and easily.

About Schrodinger, Inc.

Founded in 1990, Schrodinger, Inc is a technology leader in computational chemistry software. Its product offering includes Jaguar, a high-performance quantum chemical software package, and the MacroModel molecular modeling package with superior conformational analysis capabilities, a variety of force fields, and a unique continuum solvation model for modeling both organic molecules and biomolecules using molecular mechanics-based methodology. Schrodinger recently merged its operations with the MacroModel Development Group and the combined company maintains operations in both its New Jersey and Oregon offices, with corporate headquarters on the Hudson River waterfront in Jersey City, New Jersey.

Information about Schrodinger, Inc., Jaguar, and MacroModel can be found on the World Wide Web at http://www.schrodinger.com.

About HP

Hewlett-Packard Company is a leading global provider of computing, Internet and intranet solutions, services, communications products and measurement solutions, all of which are recognized for excellence in quality and support. HP has 122,800 employees and had revenue of $47.1 billion in its 1998 fiscal year.

For more information, call 650/858-3743.

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