Press Release:
Topics:

HP and Best Buy Help North Georgia Consumers Recycle e-Waste

Participating consumers will receive in-store Best Buy coupon in return for unwanted products at collection event in Alpharetta on March 26 and 27
PALO ALTO, Calif. and MINNEAPOLIS, March 22, 2004

HP and Best Buy are working together to help consumers save money and practice environmental responsibility by recycling used computer hardware and other consumer electronics in Alpharetta, Ga., on March 26 and 27. The recycling collection event, being held in cooperation with the City of Alpharetta, will take place in the parking lot of the Best Buy store at 975 North Point Dr.

During the two-day event, HP and Best Buy will accept obsolete or unwanted consumer electronics and computer products from any manufacturer. Items accepted for free recycling include desktop and notebook PCs, ink and laser printers, toner cartridges, scanners, fax machines, computer servers, PDAs, VCRs, camcorders, stereos, cellular phones and rechargeable batteries.

TVs and computer monitors will be accepted and recycled for a nominal processing fee per item – $10 for TV's and computer monitors 27 inches or less and $20 for TVs and computer monitors more than 27 inches. Items such as microwaves, smoke detectors and major household appliances such as refrigerators and air conditioners will not be accepted.

Consumers who drop off products for recycling will receive a Best Buy in-store coupon worth $50 off HP Pavilion and Compaq Presario desktop and notebook PCs (including the HP Media Center PC) or $25 off HP or Compaq monitors. The coupon will be valid through April 27 for in-store purchases only at Best Buy stores nationwide.

"HP has been a pioneer in developing and investing in innovative recycling technologies and programs for more than 10 years," said Walt Rosenberg, vice president of Corporate, Social and Environmental Responsibility, HP. "This collection event provides us the opportunity to explore new channels for reaching consumers to manage products at the end of their useful lives and ensure they are recycled in the most environmentally responsible manner."

"Best Buy was the first consumer electronics retailer to incorporate a national recycling program into its business, and we remain committed to making sure old and unused electronics are properly disposed of or recycled," said Mike Linton, chief marketing officer, Best Buy. "The recycling of consumer electronics plays an important role in the establishment and production of new technologies and our customers have expressed a desire to be a part of this process. We've responded by offering simple, fun and convenient ways to recycle obsolete electronic items through events like this, while also protecting the environment and rewarding people for responsible behavior with in-store savings."

HP and Best Buy "think globally and act locally"

HP has a long history of developing innovative solutions to reduce its environmental impact, as well as that of its customers, partners and suppliers. As part of the company's commitment to being an asset in the communities in which it operates, HP offers product end-of-life return programs for HP and other manufacturers' hardware in more than 30 countries.

Each month, HP recycles more than 6.5 million pounds of electronic waste globally. Returned products collected in Alpharetta will be evaluated for reuse or donation, or recycled at HP's state-of-the-art recycling facility in LaVergne, Tenn.

Best Buy's national recycling program was founded on the belief that everyone plays a part in completing the product cycle loop, including retailers, manufacturers, consumers and the government. With the help of these partners, Best Buy has helped consumers recycle more than 1 million pounds of electronics in a safe and environmentally responsible way since the program's 2001 inception. Best Buy stores also make it easy every day for people to recycle ink cartridges, cell phones and accessories through drop boxes located at more than 600 nationwide stores.

Event Details

Location: Best Buy store parking lot, 975 North Point Dr., Alpharetta, Ga.

Date: Friday, March 26 and Saturday, March 27

Time: 10 a.m. – 5 p.m.

About Best Buy Stores

Best Buy Stores, owned and operated by Minneapolis-based Best Buy Co., Inc., is the nation's leading specialty retailer of technology and entertainment products and services. Best Buy was founded in St. Paul, Minn. in 1966. Best Buy Stores reach an estimated 300 million consumers per year through more than 600 retail stores in 48 states and online at BestBuy.com. For more information about Best Buy, visit the virtual pressroom at http://communications.bestbuy.com/pressroom/.

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 last four fiscal quarters, HP revenue totaled $74.7 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at www.hp.com.


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.