News release

HP Launches New Home Server for PCs and Macs

HP MediaSmart Server centralizes digital media and files for backup, remote access, sharing and uploading to social media sites

HP today launched a home server designed for use with both Windows and Mac computers.

Based on the Microsoft Windows® Home Server platform, the HP MediaSmart Server ex485/ex487 is a central repository for automatically backing up and accessing digital music, videos, photos and documents from multiple computers on a home network.⁽¹⁾

The MediaSmart Server automatically organizes files across all PCs, streams media across a home network and the Internet,⁽²⁾ and publishes photos to popular social networking and photo sharing sites.

“A growing number of digital-savvy households have both Windows and Mac computers, with hundreds and sometimes thousands of media files and documents scattered across these devices,” said Jason Zajac, vice president of strategy, Worldwide Attach Group, HP. “The HP MediaSmart Server protects, stores and organizes this content from anywhere on a network so consumers can access and share it any place they are connected.”

“HP continues to innovate on the Windows Home Server platform giving consumers even more options to enjoy and protect their precious memories and valuable data,” said Charlie Kindel, general manager, Windows Server Solutions, Microsoft. “We believe consumers will embrace the new MediaSmart Server as one of the most exciting computing products for the home.”

HP MediaSmart Server ex485/ex487 features include:

• HP Media Collector: conveniently schedules the MediaSmart Server to copy and centralize digital files and libraries from networked PCs
• Media Streaming: remotely streams photos and music to any Internet-connected PC or Mac
• Server for iTunes: centralizes iTunes music libraries on the server for playback to any networked Mac or PC running iTunes
• HP Photo Publisher: easily upload photos to Facebook®, Picasa™ Web Albums and Snapfish⁽³⁾
• HP Photo Viewer: allows easy sharing of photos with friends and family
• PC Hard Drive Backup: backs up networked PCs via the Windows Home Server backup feature
• Mac Hard Drive Backup: backs up Macs running Leopard using Apple Time Machine software
• Server Backup: duplicates designated shared folders to a separate hard disk drive
• Online Backup: duplicates designated folders to Amazon’s S3 online backup service for an additional layer of protection
• Smart Power Management: can schedule times for server to go to “sleep” and “wake up,” saving on energy costs
• Processor: Intel® Celeron®, 2.0 GHz 64-bit. Two gigabytes (GB) of 800-MHz DDR2 DRAM now standard on MediaSmart Server
• Expandability: additional drives can be added for up to 9 terabytes (TB)

Pricing and availability

Manufacturer’s suggested retail price for the HP MediaSmart Server ex485 with 750 GB of hard disk storage is $599 while the HP MediaSmart Server ex487 with 1.5 TB is $749.⁽⁴⁾

The HP MediaSmart Server can be pre-ordered beginning Jan. 5, 2009, from Amazon.com, BestBuy.com, Buy.com, Frys.com and NewEgg.com; it is expected to ship in February.

The first 200 consumers who visit HP Home & Home Office (www.hpshopping.com) or call +1 888 271 2982 between Jan. 5 - 11, 2009, to reserve a MediaSmart Server and use coupon code “AC5674” will receive a $50 savings off their purchase.⁽⁵⁾

More information is available at www.hp.com/go/mediasmartserver.

About HP

HP, the world’s largest technology company, simplifies the technology experience for consumers and businesses with a portfolio that spans printing, personal computing, software, services and IT infrastructure. More information about HP (NYSE: HPQ) is available at http://www.hp.com.

⁽¹⁾ Wired or wireless home network required.

⁽²⁾ Internet access required and sold separately.

⁽³⁾ Services are subject to change without notice and some services may not be available at time of product purchase.

⁽⁴⁾ Estimated U.S. retail prices. Actual prices may vary.

⁽⁵⁾ Valid for HP Home & Home Office (www.hpshopping.com) Internet and call center purchases only. Coupon valid on first 200 redemptions, or while supplies last. Any unused portion will be forfeited. Each coupon code is limited to one usage per customer; one coupon code per checkout. Offer void where prohibited, taxed or restricted by law. Non-transferable. Not valid retroactively on previously purchased items. Not valid for any resale activity as defined by HP Home & Home Office Store. Coupons may not be used to purchase gift cards. Not valid on instant rebates or clearance sales. May not be permitted with certain bundle offers. Not valid on: Academic and Employee purchase programs, HP Employee purchase program, Refurbished products, Extended Service Plans, Compaq Presario and HP Pavilion desktops with Intel Celeron or AMD Sempron processors or Compaq Presario CQ50Z customizable notebooks. For complete coupon conditions, see “Coupon Information” in the “Customer Service” section at www.hpshopping.com.

Windows is a U.S. registered trademark of Microsoft Corp. Apple and the Apple logo are trademarks of Apple Computer, Inc., registered in the U.S. and 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 July 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.