Press Release: March 04, 2008
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HP Reduces Cost of Color Printing up to 50 Percent for Small Businesses

PALO ALTO, Calif., March 4, 2008

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HP today announced newprinting solutions that enable small businesses to affordablyproduce marketing collateral in-house, increase productivity andbetter manage their printing environments.

The new HP Officejetbusiness inkjet line delivers up to 50 percent lower cost per pagethan competitive laser printers.(1) The expandedportfolio also includes new color HP LaserJet printers, suppliesand accessories as well as new monochrome HP LaserJet multifunctionprinters.

“Our goal is to offer acomplete and affordable small business marketing solution,” saidNor Rae Spohn, senior vice president, Imaging and Printing Group,HP. “Today’s launch builds on our Print2.0 strategy, which will allow customers to print when and howthey want – in-house, at retail or through a print serviceprovider.”

Improving in-housemarketing

HP’s new color printers andexpanded line of specialty papers make it easy for small businessesto produce professional-quality color documents quickly andaffordably in their offices.

In most cases, smallbusinesses can save more than 50 percent by printing in-houseversus using a quick printer.(2) Over the next year, HPplans to make color printing even more affordable with new color HPLaserJet printers that deliver monochrome printing for the sameprice as in-class monochrome laser printers.

Additionally, HP hasdeveloped the MarketingImpressions Portal, an online destination designed as aone-stop shop to help small businesses market and grow theirbusiness and interact with others through an online community,tools, guides and templates.

New color printingsolutions optimized for small business marketing include:

  • HP Officejet Pro L7590 All-in-One and HP 88 Officejet inkcartridges: High-performance printing for cost-conscious smallbusinesses – professional color quality and up to 50 percent lowercolor cost per page than comparable laser printers.(1)Designed using HP’s Scalable Print Technology, the All-in-One prints laser-qualitydocuments at fast speeds and offers duplexing, convenient flat-bedscanning, copying, faxing and built-in networking.
  • HP Color LaserJet CP1515n/CP1518ni Printer series and HP ColorLaserJet CM1312 MFP series: Industry-leading print quality withnewly formulated HPColorSphere toner that provides a wider range of colors, highergloss and improved photo resolution. Printers also ship withmarketing resources such as HP Print View software that allowscustomers to view elaborate print jobs in advance and estimatedocument costs to avoid the frustration of unanticipated costs andreprints.
  • HP Color LaserJet CP1215: Priced at $299,(3) HP’slowest-ever priced desktop color laser printer also features new HPColorSphere toner.
  • HP In-house Marketing Starter Kit: Available with select HPprinters, the kit includes a sampling of paper types commonly usedfor marketing collateral such as photo, glossy presentation andmatte brochure papers, as well as a Business Marketing Design CDcontaining templates, images and coupons to provide a jumpstart increating professional marketing collateral.
  • HP 88 Officejet Brochure Value Pack: Specially priced packincludes HP 88 Officejet Color Ink Cartridges, HP Glossy Brochureand Flyer Paper and a Business Marketing Design CD containingeverything needed to create professional quality marketingcollateral in-house, including free professional design templates,photo images and exclusive offers from StockLayouts, iStockPhotoand Logoworks.
  • HP Glossy Brochure and Flyer paper: Improved dry-time isdesigned to work with HP inkjet printers and enables easy, timelyand inexpensive customization of marketing collateral.
  • HP Presentation Covers: Durable and professional finishing thatelegantly binds proposals and other collateral without the expenseof using additional equipment.

HP OfficejetPrinting System

HP also unveiled a newbranding strategy for its business ink portfolio. Now through fall2008, packaging for all HP Officejet and Officejet Pro hardware andappropriate supplies will be identified with the “HP OfficejetPrinting System” name.(4)

All hardware and suppliespackaging for the HP Officejet Printing System will feature a darkgreen bar across the top of the box to signify that the entiresystem – from hardware to ink and media – is designed together toprovide small business customers with more affordable solutions toproduce professional color documents at up to 50 percent lower costper page than competing laser printers.(1)

Drivingproductivity and managing the print environment

New productivity enhancingHP business inkjet and monochrome LaserJet multifunction printersinclude:

  • HP Officejet J6400 All-in-One: Feature-rich printer/flatbedscanner/copier/fax with embedded wired and wirelessnetworking(5) and automatic two-sided printing.
  • HP Officejet J4580 All-in-One: Delivers high-quality colordocuments for less than laser printers when used with HP Officejetinks(6) and offers convenient printing, copying, faxingand flatbed scanning in one device.
  • HP Officejet J3600 All-in-One: Dependable printing, copying,scanning and faxing.
  • HP LaserJet M1319f MFP: HP’s lowest-priced monochrome laser MFPwith print, scan, copy and fax capabilities.
  • HP LaserJet M1522 MFP series: Delivers higher-end MFP featuresat a low price, such as fast print, copy, scan and fax speeds, a50-sheet automatic document feeder, flatbed color scanning andbuilt-in networking.

To help small businessesbetter manage their print environments, HP Easy Printer Caresoftware 2.5i monitors between two and 20 HP printers, bothlaser and ink, with a single tool. Now supporting most HP businessinkjet devices,(7) the software makes it easier tomaintain and quickly view the status of multiple devices, set upprinter and supply alerts, generate basic usage reports and reordersupplies with the click of a button.

Small businesses can enjoyhigh-quality, highly reliable printing using HP technologies. Infact, a recent report from QualityLogic notes that HP LaserJet monochrometoner cartridges consistently outperform remanufacturedcartridges.(8) According to the report, one in three ofthe remanufactured monochrome toner cartridges tested had some kindof reliability problem, while none of the tested HP cartridgesexperienced issues.

Specialoffers

HP is currently offering avariety of specialrebates for its top-selling printers. Rebates and promotionaldates will vary by printer model.

Additionally, Staplesretail stores across the United States are making it easy forcustomers to recycle their old printers and purchase a new HPprinter. Through this program, which runs from March 16 - May 3,2008, customers can bring their old printer, regardless of brand,model and condition, to their local Staples store. Staples willrecycle the printer for free and provide customers with a $50discount toward the purchase of a new HP printer priced at $159 orabove.(9) Visit www.staples.com to find a nearby Staples store.

Moreinformation

For pricing andavailability, and additional details on today’s announcement,including images, customer testimonial videos and product factsheets about HP’s new imaging and printing solutions for small andmedium businesses, visit the online press kit at www.hp.com/go/ColorInTheOffice.

AboutHP

HP focuses on simplifyingtechnology experiences for all of its customers – from individualconsumers to the largest businesses. With a portfolio that spansprinting, personal computing, software, services and ITinfrastructure, HP is among the world’s largest IT companies, withrevenue totaling $107.7 billion for the four fiscal quarters endedJan. 31, 2008. More information about HP (NYSE: HPQ) is availableat http://www.hp.com.


(1) For majorityof laser AiOs less than $750, printers less than $300, HP OfficejetPro products with XL cartridges. More details are available at www.hp.com/go/officejet.

(2) InfoTrends,“The Cost of Print in the United States: An Analysis of In-Housevs. Print Shop Costs,” Aug. 27, 2007.

(3) EstimatedU.S. street price. Actual price may vary.

(4) There willbe some HP Officejet products in the market in the fall that willnot have Officejet branded inks. All new Officejet products (withonly a few exceptions such as mobile products) as of March 2008will have Officejet branded inks.

(5) Wirelessperformance is dependent upon physical environment and distancefrom access point.

(6) Comparedwith laser AiOs under $750. More details are available at www.hp.com/go/officejet.

(7) For adetailed printer compatibility matrix or to download the HP EasyPrinter Care Software 2.5i, visit www.hp.com/go/easyprintercare.

(8) A 2007independent study (“Reliability Comparison Study: HP LaserJet TonerCartridges vs. North American Remanufactured Brands”), performed byQualityLogic Inc. and commissioned by HP, compared Original HPLaserJet print cartridges with nine brands of remanufactured tonercartridges sold in North America for the HP LaserJet 2300 (Q2473A)and HP LaserJet 4350 (Q5407A) printers. Twenty-four cartridges weretested for each brand in the study. More details are available atwww.qualitylogic.com.

(9) Offer isonly valid on recycled desktop machines; copiers, fax machines andfloor standing units are excluded from this offer.


This news releasecontains forward-looking statements that involve risks,uncertainties and assumptions. If such risks or uncertaintiesmaterialize or such assumptions prove incorrect, the results of HPand its consolidated subsidiaries could differ materially fromthose expressed or implied by such forward-looking statements andassumptions. All statements other than statements of historicalfact are statements that could be deemed forward-lookingstatements, including but not limited to statements of the plans,strategies and objectives of management for future operations; anystatements concerning expected development, performance or marketshare relating to products and services; anticipated operationaland financial results; any statements of expectation or belief; andany statements of assumptions underlying any of the foregoing.Risks, uncertainties and assumptions include the execution andperformance of contracts by HP and its customers, suppliers andpartners; the achievement of expected results; and other risks thatare described in HP’s filings with the Securities and ExchangeCommission, including but not limited to HP’s Annual Report on Form10-K for the fiscal year ended Oct. 31, 2007. HP assumes noobligation and does not intend to update these forward-lookingstatements.

© 2008Hewlett-Packard Development Company, L.P. The information containedherein is subject to change without notice. The only warranties forHP products and services are set forth in the express warrantystatements accompanying such products and services. Nothing hereinshould be construed as constituting an additional warranty. HPshall not be liable for technical or editorial errors or omissionscontained herein.

About HP

HP Inc. creates technology that makes life better for everyone, everywhere. Through our portfolio of printers, PCs, mobile devices, solutions, and services, we engineer experiences that amaze. More information about HP Inc. is available at http://www.hp.com.