-Compaq Computer Corporation will lead in today's economic geography conference. At Compaq we recognize the need to become a global leader in enterprise computing solutions. The acquisition of Digital Equipment Corporation, an American US-based designer and manufacturer of mini-computers will greatly strengthen value proposition to customers. We are committed to supporting these key customer relationships by investing in Digital's strategic assets, particularly its worldwide service organization, as well as it's 64-bit leadership with Alpha microprocessors, OpenVMS, Digital UNIX and Windows NT enterprise systems, open storage and software products. With the acquisition of Digital, we have transformed into a leader in key markets that will define computing in the next century.

To further extend our service to our valued customers, we have restructured and resized the former Digital Equipment Canada Limited into a configuration center. This was apart of Compaq's operation to consolidate manufacturing operation amongst its worldwide facilities.

The configuration center is necessary to integrate manufacturing operations into a single cohesive organization. The objective is to del

Ottawa is known as Silicon Valley North because of its emergence as a high-tech center. By locating in the Ottawa region, Compaq is able to feed of this high-tech sector. The success of the Ottawa area as a high-technology center may be attributed to several locational advantages. These advantages are accessibility to the federal government: a well-developed science and technology community in the NRC, two universities, some Crown corporations, and several federal government departments (e.g. National Defense, Communications, Energy, Mines and Resources); the large labs of Bell Northern Research LTD; and a life-style based on an attractive sociocultural and recreational environment appealing to the skilled scientists, engineers, and technical personnel attracted by growth of the complex. These advantages are enough incentive for us to locate there.

Needless to say, the acquisition of Digital Equipment Corporation will complement Compaq as a world leader in manufacturing microcomputers. Our customers will benefit from the complementary strength of both companies. For example, together we will offer customers of enterprise Windows NT products and lifecycle services available in the market today.

Besides the socioeconomic aspects of Ottawa, Compaq is able to benefit from this cluster of high-technology industry. Ottawa has shown a growth in advanced technology employme

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