Press Release: February 23, 2009

HP expands successful Russian Institute of Technology programme

Moscow, February 23, 2009 – HP is investing a 7-digit sum into the HP Russian Institute for Technology programme (“RIT”) which aims to support IT skills training with university students and the development of IT specialists in Russia.

As part of RIT, HP established Technology Centres at 12 Russian universities providing IT equipment and advanced IT training. These centres also offer interactive courses dealing with practical IT-related business skills such as software, IT management and printing technology.

Since its launch in January 2008, 22 education courses and eight laboratory workshops have been developed and are now available to students of math and science faculties at the universities which are part of the RIT community. In addition, more than 40 university professors are involved in the programme and to date over 1,500 students have studied at RIT centres .

“We are overjoyed at how well this programme has developed and have made sure it has been designed especially for Russia in order to be aligned with the country’s priorities,” said Owen Kemp, HP Russia Managing Director, Vice-President, Hewlett-Packard. “The unique nature of the programme brought recognition for our efforts within HP and put RIT in line with the company’s key educational and philanthropic initiatives. We received this additional investment to continue the programme’s development as we see it as an important initiative that we hope to spread to other countries.”

The additional money will cover equipment and course development grants for participating universities. With this investment, the RIT community is planning to add five or more new university members in Russia, and is also looking to expand to several universities in Central and Eastern Europe. “These programmes developed jointly by university professors and HP experts from around the globe will at first be accessible to the whole RIT Community and later on to other universities interested in adding them to their curricula,” said Igor Belousov, RIT manager, Regional Head of Open Innovations Office in Russia. “One of our key goals is to organise joint research of the universities and HP Labs on the actual scientific problems using HP’s open innovation model.”

The RIT is part of HP’s overall ‘Centre of Excellence’ concept in Europe, the Middle East and Africa (EMEA), which supports different projects with universities. These projects address educational needs like closing the ICT skills gap with science, technology, engineering and math students or connecting universities in Africa and the Middle East with research centers around the world. This aims to provide a future to academics in their home countries and decrease brain drain with the help of grid and cloud computing technologies. This year HP is focusing on creating ‘Centre of Excellence’ hubs in emerging markets and facilitating the development of sustainable innovations in teaching and learning across regions.

In 2008, HP invested over million globally in social investment projects, with over 0 million invested since 2006.

Read more on these and other global citizenship developments in HP’s Global Citizenship Bulletin (for subscription) and CSR blog on www.hp.com/hpinfo/globalcitizenship/

About HP
HP, the world’s largest technology company, provides printing and personal computing products and IT services, software and solutions that simplify the technology experience for consumers and businesses. HP completed its acquisition of EDS on Aug. 26, 2008. More information about HP (NYSE: HPQ) is available at http://www.hp.com/.

© 2009 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.
02/2009

Editorial contacts:

Irina Efremova, НР
+ 7 (495) 544 5700

irina.efremova@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.