News | December 16, 1998

HP Chemical Analysis Group Wins $500,000 Multinational Contract

N/Aany%> (HP; Palo Alto, CA), announced on Dec. 15, 1998, that it was selected as a key analytical supplier for two multilateral development projects, one in China from the World Bank and one in Indonesia from the Asian Development Bank. Together these contracts total US$500,000.

HP was awarded a US$300,000 contract—part of a US$100 million loan to the State Commission of Education in China—for analytical instrumentation such as gas chromatographs and mass spectrometers. The instruments will be used as part of the Effective Teaching Services Project, an initiative to improve the quality of middle-school teacher training and foster innovative education in 15 provinces and autonomous regions in China.

In addition, a US$200,000 contract—part of a US$140 million Asian Development Bank loan to Indonesia for improving the quality of higher education—was awarded to HP for gas chromatographs. The instruments have been designated for the Surabaya Institute of Technology for teaching and R&D programs.

"We're pleased to be selected as a key vendor in these educational improvement projects in Asia," says Joe Pinto, manager of international business development for HP's Chemical Analysis Group. "Hands-on, practical experience with leading technology is a vital component of a high-quality education in chemistry."

HP's Chemical Analysis Group is a leading provider of chemical analysis measurement and information solutions, services and support, columns and supplies to scientific laboratories in industry, government and academia. The group has 3,789 employees worldwide and had revenues of $946 million in its 1998 fiscal year.

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