hpasmlited process has high CPU utilization on HP ProLiant Server

Issue

• The hpasmlited process utilizes almost 100% of CPU time on HP ProLiant Server:

$ top
 top - 15:15:52 up 171 days, 45 min,  1 user,  load average: 1.06, 1.06, 1.01
 Tasks: 550 total,   1 running, 548 sleeping,   0 stopped,   1 zombie
 Cpu(s):  8.4%us,  0.1%sy,  0.0%ni, 91.6%id,  0.0%wa,  0.0%hi,  0.0%si,  0.0%st
 Mem:  32838936k total,  5931032k used, 26907904k free,   548544k buffers
 Swap: 35028984k total,        0k used, 35028984k free,  4060124k cached

   PID USER      PR  NI  VIRT  RES  SHR S %CPU %MEM    TIME+  COMMAND
 14974 root      20   0  393m 3732  832 S 99.6  0.0 245782:20 hpasmlited  <<<---
...