News release

HP Keeps Computing Personal with Digital Storage First and Customizable PC Lineup

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HP today unveiled new customizable desktop PCs that offer a wide range of personalized features and options to fit the needs of every consumer.

The company also announced the availability of a digital storage device, the HP Media Vault mv2120, which is designed to store, protect and share digital media, as well as advanced monitors and accessories to enhance the digital lifestyle.

Whether desiring a faster processor for casual gaming or more hard drive space for storing photos, consumers can mix and match the options that appeal to their individual interests to create a dream PC with HP’s new customizable desktops.

For the ultimate entertainment experience, HP offers the HP Pavilion Elite m9200t customizable PC. The m9200t features the HP Easy Backup button to quickly back up files as well as a variety of options including up to a 1 terabyte (TB)⁽¹⁾ hard drive and a Blu-ray DVD writer.⁽²⁾ Extra storage options include two built-in drive bays for backing up photos, music and videos. This PC is ideal for anyone who wants power for the most demanding PC tasks and high-end home entertainment.

The new HP Pavilion a6460t customizable PC is ENERGY STAR® qualified and features an 80 PLUS® power supply to help consumers save money and lessen their impact on the environment. In addition, the a6460t offers powerful computing and captivating entertainment options, with an available Intel® Core™ 2 Quad Processor,^(3,4) wireless LAN card⁽⁵⁾ and a TV tuner⁽⁶⁾ to watch, record and pause live TV.

For those seeking a high-productivity PC at a superb value, HP offers the enhanced HP Pavilion a6400z customizable PC. The a6400z can be configured for as low as $299⁽⁷⁾ with a 1.8 GHz AMD Dual-Core Processor,⁽³⁾ NVIDIA GeForce 6150 graphics cards, 1 gigabyte (GB) of memory and a 250 GB⁽⁸⁾ hard drive. Additionally, every HP Pavilion PC includes tools to make it more fun and convenient to work with digital photos and video clips.

The Compaq Presario line of retail desktop PCs also has been updated to include the Compaq Presario SR5450F, which offers a front-panel 15-in-1 memory card reader,⁽⁹⁾ 2 GB of memory and Intel Pentium® Dual-Core Processor⁽³⁾ for under $500.⁽⁷⁾

HP Media Vault mv2120 keeps digital content secure and accessible

Consumers are living increasingly digital lifestyles and accumulating rising amounts of digital photos, music, videos and other content. In fact, Coughlin Associates Inc. estimates that by 2013 the average home will require 9 TB storage capacity, of which 5 TB will be needed for commercial digital downloads of music, videos and photos.⁽¹⁰⁾

To make it simple for consumers to protect, share and connect to their digital content and Internet entertainment⁽¹¹⁾ – from home or on the go – HP offers the HP Media Vault mv2120. This is the first in a new category of affordable, easy-to-use products for the central storage, content sharing and backup of all computers on a home or small business network. The mv2120 can be set to automatically back up important media and digital files weekly, daily or continuously – as often as needed.

This pioneering product also offers some of the features found in the HP MediaSmart Server, including Photo Webshare, iTunes server and remote access. With Photo Webshare, consumers can create a photo-sharing website on the Media Vault, and with iTunes server, they can centralize their iTunes music library for playback on any computer running iTunes on the network.

Remote access grants designated users enhanced security for accessing important files on the network from any Internet-connected computer, even while outside of the home or office. Additionally, the mv2120 offers exceptionally low power consumption and a smart energy-saving drive spin down feature.

The mv2120 ships with 500 GB⁽⁸⁾ capacity and can benefit individuals and small businesses with fewer than 10 employees. HP also recently introduced the HP Media Vault mv5100 Pro series, available in 1 TB and 1.5 TB⁽¹⁾ capacities, which is specifically targeted to small businesses.

New Vivid Color Monitor and HP Elite Autofocus Webcam

To accompany its new desktop PCs, HP introduced the HP w1707 Vivid Color 17-inch diagonal flat-panel monitor. This sleek monitor offers a high-quality widescreen picture with a BrightView panel and more viewing area for computer games, spreadsheets and web pages.

HP also announced the new, elegantly designed HP Elite Autofocus Webcam, which makes it fun and easy to chat face-to-face over the Internet, record videos and snap high-resolution photos. With up to 12-megapixel still photo resolution using a 3-megapixel core sensor with autofocus, the webcam lets consumers stay in touch with friends and family.

Pricing⁽⁷⁾ and availability

The following specifications and prices for the HP Pavilion customizable desktop PCs are estimated U.S. street prices and depend on the configuration ordered. They can be customized direct from HP via www.hpshopping.com or through kiosks located in retail outlets nationwide.

• The HP Pavilion Elite m9200t customizable PC is currently available starting at $799.
• The HP Pavilion a6460t ENERGY STAR PC is currently available starting at $549.
• The HP Pavilion a6400z customizable PC is currently available starting at $299.

The following prices for the Compaq Presario desktop PC, HP Media Vault mv2120 and Monitor are also estimated U.S. street prices. They will be available direct from HP via www.hpshopping.com or at retail outlets nationwide.

• The Compaq Presario SR5450F is expected to be available April 6 starting at $459.
• The HP Media Vault mv2120 is currently available starting at $299.
• The HP w1707 Vivid Color Monitor is currently available at $180.

The HP Elite Autofocus Webcam is expected to be available April 6 at Best Buy outlets nationwide for an estimated U.S. street price of $99.

About HP

HP focuses on simplifying technology experiences for all of its customers – from individual consumers to the largest businesses. With a portfolio that spans printing, personal computing, software, services and IT infrastructure, HP is among the world’s largest IT companies, with revenue totaling $107.7 billion for the four fiscal quarters ended Jan. 31, 2008. More information about HP (NYSE: HPQ) is available at http://www.hp.com.

⁽¹⁾ For hard drives, TB = 1 trillion bytes. Actual formatted capacity is less.

⁽²⁾ As Blu-ray is a new format containing new technologies, certain disc, digital connection, compatibility and/or performance issues may arise, and do not constitute defects in the product. Flawless playback on all systems is not guaranteed. In order for Blu-ray titles to play, they may require a DVI or HDMI digital connection and the display may require HDCP support. Don’t copy copyright-protected materials.

⁽³⁾ Dual/Quad/Triple is a new technology designed to improve performance of certain software products. Not all customers or software applications will necessarily benefit from use of this technology.

⁽⁴⁾ 64-bit computing on Intel architecture requires a computer system with a processor, chipset, BIOS, operating system, device drivers and applications enabled for Intel 64 architecture. Processors will not operate (including 32-bit operation) without an Intel 64 architecture-enabled BIOS. Performance will vary depending on hardware and software configurations. See www.intel.com/info/em64t for more information.

⁽⁵⁾ Wireless access point required and is not included. Availability of public wireless access points limited. Wireless Internet use requires separately purchased Internet service contract.

⁽⁶⁾ Availability of signals limited by the strength and accessibility of the originating TV signal, location and other factors. Performance issues may arise and do not constitute defects in the product.

⁽⁷⁾ Estimated U.S. street prices. Actual pricing may vary.

⁽⁸⁾ For hard drives, GB = 1 billion bytes. Actual formatted capacity is less. Up to 10 GB (for Microsoft Vista®, Windows® XP and XP Pro) and up to 12 GB (for MCE) is reserved for system recovery software.

⁽⁹⁾ Supports Smart Media, xD, MultiMedia card (MMC), Reduced Size-MMC (RS-MMC), MMCplus, MMCmobile, Secure Digital (SD), miniSD, Compact Flash 1, Compact Flash II, Microdrive, Memory Stick (MS), MS PRO, MS Duo, MS PRO D.

⁽¹⁰⁾ Tom Coughlin and Jim Handy, “Digital Storage in Consumer Electronics 2008,” January 2008 (p. 12) www.tomcoughlin.com/Techpapers/Brochure%20CE_Storage_Report,%20010208.pdf.

⁽¹¹⁾ Internet access required.

ENERGY STAR is a U.S. registered mark of the United States Environmental Protection Agency. Intel, Intel Pentium and Intel Core are trademarks or registered trademark of Intel Corp. or its subsidiaries in the United States and other countries. AMD is a trademark of Advanced Micro Devices, Inc. Microsoft, Windows and Vista are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries.

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected results; and other risks that are described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2008 and HP’s other filings with the Securities and Exchange Commission, including but not limited to HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2007. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2008 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.