HP Targets High-growth Document Automation Market with Acquisition of Exstream Software

PALO ALTO, Calif.--(Business Wire)--HP (NYSE:HPQ) today announced that it has signed a definitive
agreement to acquire Exstream Software, LLC, a privately-held leading
provider of enterprise software that streamlines the creation and
delivery of personalized documents and other communications materials.

Exstream is a portfolio company of American Capital Strategies,
Ltd. (Nasdaq:ACAS). Financial terms of the transaction were not
disclosed.

Exstream's technology, when combined with HP's presence in
document output management and printing market leadership, helps
businesses design, manage and publish structured and unstructured
content in a fully personalized manner via print and online.

Upon completion of the acquisition, Exstream Software will be
integrated into the Web Services and Software business unit within the
Imaging and Printing Group (IPG) of HP.

"Businesses -- whether a bank, healthcare provider or utility
company -- need to communicate relevant, personalized information to
their customers through a broad range of channels," said David Murphy,
senior vice president, Web Services and Software Business, IPG, HP.
"We expect that the acquisition of Exstream will allow HP to address a
broader set of customers and be a strong leader in the fast-growing
document automation market."

"We are very happy to join with HP to accelerate our ability to
help businesses around the world to efficiently develop and deploy
personalized communications," said Richard Troksa, chief executive
officer and president, Exstream Software. "The combination of
Exstream's solutions and HP's print software expertise will provide
customers with a more comprehensive approach to delivering reliable
and targeted business communications."

The acquisition is subject to customary closing conditions and is
expected to close in the second quarter of HP's fiscal year 2008.

Further detailed information about this news at
www.hp.com/go/exstream.

About Exstream Software

Ranked among the world's fastest growing technology companies,
Exstream provides enterprise software solutions for businesses around
the world to streamline document creation processes and produce higher
quality, relevant communications of all types for delivery through
print/mail and online channels. Customers in many industries benefit
by getting communications to market as much as 85 percent faster,
reducing document production costs up to 80 percent and as much as
tripling customer response.

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 $104.3 billion for the four fiscal
quarters ended Oct. 31, 2007. More information about HP is available
at www.hp.com.

Note to editors: More news from HP, including links to RSS feeds,
is available at www.hp.com/hpinfo/newsroom/.

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 the expected benefits and costs of the transaction;
management plans relating to the transaction; the expected timing of
the completion of the transaction; any statements of expectation or
belief; and any statements of assumptions underlying any of the
foregoing. Risks, uncertainties and assumptions include the
possibility that expected benefits may not materialize as expected;
risks related to the timing or ultimate completion of the transaction;
and other risks that are described in HP's 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 Oct. 31, 2007. HP
assumes no obligation and does not intend to update these
forward-looking statements.

(C) 2008 Hewlett-Packard Development Company, L.P. The information
contained herein is subject to change without notice. HP shall not be
liable for technical or editorial errors or omissions contained
herein.

HP
Alison Graves, +1-512-636-3421
alison.graves@hp.com
Anette Nachbar, +41 58 444 5523
anette.nachbar@hp.com
HP Media Hotline, +1-866-266-7272
pr@hp.com
www.hp.com/go/newsroom

Copyright Business Wire 2008