Lenovo Announces Enterprise Product Group

  Lenovo Announces Enterprise Product Group

      New organization reinforces Lenovo's commitment to building global
                    capabilities for commercial customers

Business Wire

RESEARCH TRIANGLE PARK, N.C. -- October 29, 2012

Lenovo (HKSE: 0992) (ADR: LNVGY) today announced it has formed the Enterprise
Product Group. The new unit will expand Lenovo’s server, storage, networking
and software offerings geared to a variety of commercial customers, including
large enterprise, small/medium business and systems integrators. The
Enterprise Product Group is Lenovo’s latest investment in its strategy to
build on its foundation in PCs and become a leader in the PC Plus era for
companies of all sizes.

To help meet customers' current and future data management needs, the new
organization will oversee development of products related to Lenovo’s recent
partnership with EMC, in three main areas:

  *embedded servers for EMC storage
  *original equipment manufacturers reselling EMC offerings
  *working with the EMC-Lenovo joint venture to develop new storage offerings

The new organization will be led by Roy Guillen, vice president and general
manager, Enterprise Product Group, Lenovo. Guillen joins Lenovo from Dell,
where he was vice president and general manager of its data center solutions
business.

“As we aggressively expand the breadth of our product portfolio, the
Enterprise Product Group will answer the increased demand for robust server,
storage and cloud solutions in both mature and emerging markets,” said Peter
Hortensius, senior vice president, and president, Lenovo Product Group. “Under
Roy Guillen’s leadership, the new Enterprise Product Group will include
development, operations, and marketing teams whose job it is to manage and
grow our portfolio of new products, identify new alliances and partnerships,
and accelerate Lenovo's credibility as a supplier of enterprise solution to
customers around the world.”

One of the new organization's key objectives is to expand Lenovo's alliances
and partnership ecosystem in line with predicted market growth, and in so
doing, provide the greatest value to customers. According to IDC, server
shipments are expected to reach $40.6B USD globally by 2014, and Lenovo's goal
is to grow faster than the market, while building its enterprise business
capabilities worldwide.

With critical product refreshes to be announced in the coming months and into
2013, Lenovo's commercial customers will soon have a complete set of
enterprise-level products to choose from complimenting those already available
to end users deploying Think and Idea-branded offerings. For example, Lenovo
recently expanded its server portfolio with the new ThinkServer RD430 and
ThinkServer RD330 rack servers. The abundance of connected, cloud and mobile
devices likely will create solid demand for both server and storage solutions
for the forseeable future.

About Lenovo

Lenovo (HKSE: 0992) (ADR: LNVGY) is a $US30 billion personal technology
company – and the second largest PC company in the world, serving customers in
more than 160 countries. Dedicated to building exceptionally engineered PCs
and mobile Internet devices, Lenovo’s business is built on product innovation,
a highly efficient global supply chain and strong strategic execution. Formed
by Lenovo Group’s acquisition of the former IBM Personal Computing Division,
the company develops, manufactures and markets reliable, high quality, secure
and easy-to-use technology products and services. Its product lines include
legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well
as servers, workstations, and a family of mobile Internet devices, including
tablets and smart phones. Lenovo has major research centers in Yamato, Japan;
Beijing, China; and Raleigh, North Carolina. For more information, see
www.lenovo.com.

Contact:

Lenovo
Media Contact:
Kristy Fair, 919-257-6329
krisfair@lenovo.com
 
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