Press Release: September 04, 2007
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HP Appoints David Murphy to Lead New Print Web Services and Software Business

PALO ALTO, Calif., Sept. 4, 2007

HP today announced that David J. Murphy has been appointed to lead a new Web Services and Software unit within the company's Imaging and Printing Group (IPG).

Murphy, 45, will serve as senior vice president of the unit, which was formed to drive web services and software applications based on HP's Print 2.0 strategy for ensuring that printing is relevant as content increasingly moves from the desktop to the web. Murphy formerly held senior positions at Mercury Interactive and IBM's Tivoli division.

The Web Services and Software unit brings together IPG's activities in the web services and software groups across all customer segments and geographies. These include: Snapfish, an online photo services company; Logoworks, a web-based services design company for small businesses; Tabblo, web-based software that makes printing easier from the web; the HP Halo Collaboration Studio business collaboration and social connection experience; as well as efforts in other areas such as digital entertainment services.

"Bringing together all of IPG's web services and software businesses in one group will accelerate our ability to capture a significant share of the 53 trillion digital pages estimated to be printed in 2010 alone," said Vyomesh Joshi, executive vice president, Imaging and Printing Group, HP. "We're fortunate to have someone of David's caliber to lead this effort."

Murphy will be based in Palo Alto and report to Joshi. At Mercury Interactive, he was most recently chief financial officer. Previously, he had been chief executive officer of Asera Inc., a web services Internet solutions provider, and president and general manager for Tivoli Systems, a division of IBM.

Murphy has a bachelor's degree in computer science and applied mathematics from University of Louisville, a master's degree in electrical engineering from Florida Atlantic University and an MBA from Stanford University.

About HP

HP focuses on simplifying technology experiences for all of its customers - from individual consumers to the largest businesses. With a portfolio that spans printing, personal computing, software, services and IT infrastructure, HP is among the world's largest IT companies, with revenue totaling $100.5 billion for the four fiscal quarters ended July 31, 2007. More information about HP (NYSE: HPQ) is available at http://www.hp.com.


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; 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 the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected results; and other risks that are described in HP's Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2007 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 Oct. 31, 2006. 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.