News release

HP to Premiere YouTube Service on Its Connected Entertainment Products

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HP today announced it is making the video content of YouTube available for people to enjoy through its HP MediaSmart connected entertainment products, including the soon-to-be-released MediaSmart Connect digital media receiver and the high-definition MediaSmart TV.

HP worked with YouTube to make it possible for people to watch and share full-screen videos on their HDTVs and to create multiple playlists from anywhere they watch TV: Viewers simply log into their YouTube accounts with an easy-to-use remote control and start watching videos on their HP MediaSmart products.

“With the addition of YouTube to the HP MediaSmart platform, consumers will have even more ways to enjoy the latest entertainment on the Internet,” said Carlos Montalvo, vice president of marketing and services, Connected Entertainment Business, HP. “Bringing YouTube to HP MediaSmart products will let users browse and select a series of videos, then relax and enjoy the show on their big screens.”

The MediaSmart platform is the touchstone of HP’s connected entertainment products. All MediaSmart products aggregate digital media from multiple networked home PCs into one easy-to-view menu for HDTV playback using a remote control.

“People want to participate in the YouTube community in ways that fit their individual lifestyles,” said Jim Patterson, group product manager, YouTube. “To that end, we are excited to support HP in bringing YouTube into the living room through the MediaSmart platform.”

Using HP MediaSmart products, consumers already can access dozens of services from the Internet. For example, they can rent or purchase thousands of movies from CinemaNow, share and purchase photos from Snapfish, and listen to Internet radio from Live365.

HP MediaSmart also makes it easy for family and friends to enjoy photos, videos and music together in front of a big-screen TV by supporting a wide range of file formats. These include:

• Photo: JPEG, BMP, GIF, TIFF and PNG
• Video: MPEG, XVID, DVR-MS, WMV and AVI
• Audio: MP3, WMA, WMA Pro and AAC (unprotected)

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.

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.