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HP Gives College Students a Back-to-school Financial Break at hpshopping.com

PALO ALTO, Calif., Sept. 6, 2005

In time for back-to-school shopping, HP is offering college students a program that can save them up to 15 percent on the company's latest technology products through hpshopping.com, HP's online consumer-shopping subsidiary.

The Academic Purchase Program was developed by hpshopping.com to give all qualified students access to the technology tools that can aid their academic success. New and returning college students with a valid student ID can register for the discount at http://www.hpshopping.com/education.

From the comfort of their dorm rooms or apartments, student shoppers can take advantage of hpshopping.com's personalization features and award-winning customer service to help select the right products.

"Today's higher education curriculum demands the use of technology solutions including notebook PCs, printers and PDAs," said Susan Boyce, chief marketing officer, hpshopping.com. "We find that many students need to purchase their own solutions to complete their coursework. The benefit of our hpshopping.com Academic Purchase Program is that it gives qualifying students as much as 15 percent off high-quality HP products - and allows them to select and customize a solution to meet their needs."

Unlike the limited selections in campus bookstores, the Academic Purchase Program offers students the complete line of HP home and dorm room offerings, including new, refurbished and hard-to-find products. Available items include HP Pavilion and Compaq Presario notebooks and desktop PCs, HP iPAQ handheld PCs, flat panel TVs, HP Photosmart digital cameras and printers, and HP LaserJet and inkjet printers.

Additionally, hpshopping.com offers an eFinance program that enables qualifying students the opportunity to purchase back-to-school products right away, with the convenience of paying over time. With the hpshopping.com eFinance card, students and other customers can save money by taking advantage of limited time no-interest and no payment promotions.

About hpshopping.com

HPshopping.com (www.hpshopping.com) offers customers a one-stop shop for HP home and home office products - including customized HP Pavilion and Compaq Presario PCs, handheld devices, digital cameras, printers, printing supplies and digital entertainment products. Headquartered in Palo Alto, Calif., hpshopping.com was incorporated in May 1999 as a wholly owned subsidiary of HP. The company was launched as part of HP's strategy to reach its customers anytime, anywhere with personalized product features, end-to-end purchase convenience and award-winning customer service.

About HP

HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, global services, business and home computing, and imaging and printing. For the four fiscal quarters ended July 31, 2005, HP revenue totaled $85.2 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at http://www.hp.com.


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 fiscal quarter ended April 30, 2005, and other reports filed after HP's Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2004. HP assumes no obligation and does not intend to update these forward-looking statements.

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.