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

PALO ALTO, Calif.--(Business Wire)--
HP (NYSE:HPQ) 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(R)
qualified and features an 80 PLUS(R) 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(R) Core(TM) 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(R) 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 is available
at 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(R), Windows(R) 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) John Coughlin and Jim Handy, "Digital Storage in Consumer
Electronics 2008," January 2008 (p. 12)
www.tomcoughlin.com/Techpapers/Brochure%20CE_Storage_Report,%200102
08.pdf (Due to its length, this URL may need to be copied/pasted into
your Internet browser's address field. Remove the extra space if one
exists.).

(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.

(C) 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.

HP
Ann Finnie, +1-408-873-5656
ann.finnie@hp.com
HP Media Hotline, +1-866-266-7272
pr@hp.com
www.hp.com/go/newsroom
or
Edelman for HP
Joanne Rasch, +1-202-227-3140
joanne.rasch@edelman.com

Copyright Business Wire 2008