Reliable New HP Products Simply and Affordably Help Reduce Business Risk for Small and Medium-size Businesses Storage and thin client solutions easily integrate into existing IT environments and allow customers to focus on their business NEW YORK, TechXNY, Oct. 5, 2004 ? HP today continued to deliver on its Smart Office initiative with the announcement of new collection of reliable, low-cost, storage and thin client solutions that easily integrate with existing technology and help increase productivity for businesses with limited resources and IT budgets. ?The introduction of NAS and thin client products demonstrates HP?s continued commitment to deliver on its Smart Office strategy to provide customers with affordable, easy-to-use technology,? said Nigel Ball, vice president, SMB Programs and Solutions, HP. ?HP?s trusted, proven technologies are now even easier to buy, deploy and manage, and provide customers worry-free business continuity so they can keep focused on their business.? HP simplifies storage for reduced business risk HP announced a new network attached storage (NAS) system designed to help smaller companies realize the full potential of their IT environments. The affordable HP StorageWorks NAS 500s Storage Server offers communication and collaboration functionality in an easy-to-use and simple-to-deploy solution that provides centralized storage for file sharing, print services, application storage services, and Microsoft® Exchange data hosting. The new system draws on HP?s strong position in the NAS market and represents the industry?s first affordable yet powerful, entry-level Windows®-based tower form factor. The NAS 500s, based on industry-leading HP ProLiant technology (HP ProLiant ML110 server) for easy install and quick configuration, is now available direct from HP or authorized HP resellers. HP offers Internet list pricing of $2,249(1) for direct sales. When coupled with the HP iSCSI Feature Pack ? also announced today ? the NAS 500s enables SMB customers to leverage their existing IT investments in Ethernet infrastructure to migrate from less efficient direct attached storage to networked storage ? without the need for a more sophisticated fiber channel-based storage area networks. The iSCSI Feature Pack, priced at $2,000(1) direct from HP, significantly reduces the complexity and time needed for training and implementation. It also helps to improve productivity with centralized management, increased performance and mailbox capacity for hosting Microsoft Exchange e-mail stores and SQL Server data. In addition, the Feature Pack is available for HP?s existing family of NAS solutions. HP has demystified networked storage solutions for SMB customers with its recently announced HP Simply StorageWorks program. Now available around the world, the program helps customers and channel partners understand the business benefits of networked storage and the best solution to meet their business needs. The HP Simply StorageWorks program breaks the world of networked storage solutions into three easy-to-understand components: ?MyFirstSAN,? ?Easy as NAS? and ?Ultimate Business Protection.? HP provides customers with straightforward explanations of each type of solution, recommends which solution is best for different types of business needs and educates customers how networked storage solutions can optimize budgets and staffing, improve productivity with easy, reliable access to information and allow better overall focus on their business. With proven HP technology, customers trust that their valuable business information is protected. The program also includes a 70-city Better Together Tour ? the Simply StorageWorks customer and channel partner road show. The HP Better Together trailer is fully equipped with the latest storage technologies and provides attendees with HP storage expertise through a series of live presentations and product demonstrations. The Better Together Tour: HP Simply StorageWorks will make its first stop in Edmonton, Alberta, Canada on Oct. 12, continuing across Canada and then to the United States in the coming months. For more information about the tour, city schedule and to register to attend an event, please visit www.hp.com/go/bettertogether. More information on HP storage solutions for small business is available at www.hp.com/go/smbstorage. HP Thin Clients help SMBs create easily managed, secure server environments Two new additions to the HP Compaq Thin Client t5000 series provide a simple, secure server-based desktop computing solution with an unmatched combination of price and performance for multiple platforms including Microsoft, Linux and Citrix. ?Our long-standing relationship with HP is based on a shared vision to offer CIOs an easily managed, flexible and reliable IT infrastructure that gives employees access to business information in heterogeneous IT environments ? securely, easily and instantly from anywhere, using any device,? said Chris Fleck, managing director, Strategic Alliances, Citrix. ?This includes the use of thin-client devices that can significantly reduce IT costs. These cost savings allow our customers to invest those savings in the growth of their businesses and to deliver increased shareholder value.? Easy to deploy right out of the box, the new t5510 for Microsoft Windows CE.NET/IE and the t5710 for Microsoft Windows XPe/IE help SMB customers gain competitive advantage by providing affordable solutions while delivering a desktop-like user experience. Available today, estimated U.S. starting prices for HP Thin Client t5510 and t5710 are $359 and $509,(1) respectively. More detailed information on HP?s extensive offerings of thin client products is available at www.hp.com/products/thinclients. About HP HP is a technology solutions provider to consumers, businesses and institutions globally. The company?s offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing. For the four fiscal quarters ended July 31, 2004, HP revenue totaled $78.4 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at www.hp.com. (1) Prices shown are available directly from HP. Reseller prices may vary. Prices are subject to change without notice. Microsoft and Windows are U.S. registered trademarks of Microsoft Corp. Linux is a U.S. registered trademark of Linus Torvalds. This news release contains forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they ever materialize or prove incorrect, could cause the results of HP and its consolidated subsidiaries to 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 development, performance or rankings of products or services; statements of expectation or belief; and any statement of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the development, performance and market acceptance of products and services and other risks that are described from time to time in HP's Securities and Exchange Commission reports, including but not limited to HP's Quarterly Report on Form 10-Q for the period ended July 31, 2004 and other reports file d after HP's Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2003. HP assumes no obligation and does not intend to update these forward-looking statements.