"You should be expecting some pretty big announcements where we're going to establish ourselves as a market leader in this area very shortly," Marius Haas, senior vice-president and general manager of HP's Networking division, said in a conference call Friday.

"Some of the things we'll be announcing around some of our wireless technology is going to put HP in a leadership position," he said.

He wouldn't offer any details, including whether it would be a new product or an acquisition. HP expanded into wireless networking with its 2008 purchase of Colubris Networks.

But he did say that "there's a lot more news to come this year."

The statement came in the middle of a session in which Haas boasted about his division's performance, saying revenue was up 50 per cent over 2009, if last year's US$2.7 billion acquisition of enterprise networking equipment maker 3Com Corp. wasn't included. The margin was bigger if 3Com numbers are included.