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HPIntroduces New Easy-to-Use, Affordable Intel-based Servers

Highly Reliable Devices Provide Small- and Medium-sized Businesses Server Functionality at Desktop PC Prices
PALO ALTO, Calif., Jan. 28, 2002

Hewlett-Packard Company (NYSE:HWP) today expanded its Intel®-based server offerings for small- and medium-sized businesses by announcing its latest easy-to-use, affordable and reliable server.

Available in North America and Europe, theHPServer tc2100 is designed to meet the needs of the rapidly growing small- to medium-sized business (SMB) market by helping keep SMBs up and running with maximum productivity and efficiency, but minimum cost and effort.

"There is more and more pressure on SMB customers to support their businesses with robust IT solutions that can be easily deployed and operated without draining limited resources and budget," said Jean-Jacques Ozil, worldwide marketing manager,HPNetwork Server Division. "With the introduction of theHPServer tc2100,HPcontinues to define its leadership in this market with innovative, inexpensive products that provide superb reliability requiring a minimal amount of IT support."

HPoffers two distinct set-up options so users can customize the uni-processor server to meet their business environment needs. The system can be configured with either an Intel Pentium® III/512, 1.13 GHz processor with a choice of SCSI or IDE hard disk drives, or with an Intel Celeron™ 950 MHz processor with IDE hard disk drives.

HPdesigned the server specifically for SMBs who have little to no IT staff; easy installation features include tool-less entry, front-end access, easy mounting and an installation CD. In addition, the server is designed to fit under the desk of a space-constrained office.

HP's optional back-up solution with one-button disaster recovery and industry-leading support packages protects customers' valuable business data. Focused on providing the total solution,HP's services work seamlessly with its hardware to help customers conduct business in the easiest and most cost-effective manner.

To meet the needs of expanding SMBs, theHPServer tc2100 includes registered ECC SDRAM memory -- expandable to 1.5 GB -- along with four open PCI I/O expansion slots. Multi-operating system support includes Microsoft® Windows® 2000, Linux and Novell Netware.

TheHPServer tc2100 is expected to be available Feb. 1 to customers in North America and Europe. Estimated U.S. pricing starts at $649(1) for the Celeron 950 MHz model with 40 GB IDE hard-drive.

HP

Hewlett-Packard Company -- a leading global provider of computing and imaging solutions and services -- is focused on making technology and its benefits accessible to all.HPhad total revenue of $45.2 billion in its 2001 fiscal year. Information aboutHPand its products can be found on the World Wide Web at http://www.hp.com.

(1) Actual prices may vary.


Intel and Pentium are U.S. registered trademarks and Celeron is a U.S. trademark of Intel Corporation. Microsoft and Windows are U.S. registered trademarks of Microsoft Corp.


This news release contains forward-looking statements that involve risks, uncertainties and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the possibility that the market for the sale of certain products and services may not develop as expected; that development of these products and services may not proceed as planned; and other risks that are described from time to time inHP's Securities and Exchange Commission reports, including but not limited to the annual report on Form 10-K for the year ended Oct. 31, 2000, and subsequently filed reports. If any of these risks or uncertainties materializes or any of these assumptions proves incorrect,HP's results could differ materially fromHP's expectations in these statements.HPassumes 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.