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HP Delivers New Collaboration and Consolidation Solutions for SMBs

PALO ALTO, Calif. — (BUSINESS WIRE) — June 2, 2010 — HP (NYSE: HPQ) today announced new communication, collaboration and networking solutions to drive growth for small and midsize businesses (SMBs).

The company also introduced new storage solutions and online services that enable SMBs to efficiently protect data and manage operations.

These offerings enable SMBs to streamline communications and operations while deploying more efficient routes to market in order to expand business opportunities.

Communicate and collaborate

By unifying messaging, collaboration and telephony technology, SMBs can capitalize on mobile devices and the flexibility of interactive online work environments. HP solutions drive connectivity and productivity for SMB employees, partners and clients. New HP offerings include:

Simplify infrastructure through convergence

HP Converged Infrastructure provides the blueprint to SMBs looking to deploy a technology environment that speeds innovation to market at a reduced cost. New HP solutions that advance the convergence of servers, storage, networking and management include:

Improve internal operations and productivity

HP provides SMBs with industry-leading technology, services, programs and collaborations that increase efficiencies across their organizations. These include:

Total financing

HP Financial Services, the company’s leasing and life cycle asset management services division, offers SMBs a wide range of total financing solutions. Recommendations on how SMBs can maximize their technology budgets are available in the Stretch Your IT Investment Dollars white paper.

Additional information about HP’s new SMB offerings is available at http://www.hp.com/go/newcollaborationsolutions.

About HP

HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world’s largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure to solve customer problems. More information about HP is available at http://www.hp.com.

(1) Randy Perry and Abner Germanow, IDC, “ROI of Switched Ethernet Networking Solutions for the Midmarket,” August 2009.

(2) New dollar per gigabyte list price of the HP StorageWorks X1800 fully configured versus the dollar per gigabyte list price of the previous X1800 model fully configured.

Microsoft and Windows are U.S. registered trademarks of Microsoft Corporation.

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; any statements regarding 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 macroeconomic and geopolitical trends and events; the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected operational and financial results; and other risks that are described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2010 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, 2009. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2010 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.


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