PALO ALTO, Calif., Feb. 8, 2007

HP today announced that its redesigned print cartridge packaging for North America will reduce greenhouse gas emissions by an estimated 37 million pounds in 2007 – the equivalent of taking 3,600 cars off the road for one year.¹

The emissions savings are the result of smaller, lighter packages that both reduce the total carbon footprint of each cartridge and the truck and freighter transportation traffic required to ship them. Newer packaging also contains more recyclable and recycled content.

“What I see here is smart design,” said Greg Norris, Ph.D., environmental life cycle assessment instructor at Harvard University and creator of the Earthster project (www.earthster.org), an open source software platform designed to make opportunities for sustainable production and purchasing globally accessible. “The changes all go in the right direction environmentally and all in ways that make economic sense to HP and its customers. More power to these designers.”

For retailers, the new packaging is also expected to save significant transportation and storage costs while freeing up valuable display space.

“Innovation at HP goes beyond just product design,” said Pradeep Jotwani, senior vice president, Supplies, Imaging and Printing Group, HP. “Developing environmentally responsible packaging is not only valued by HP, our customers and our partners – it’s also good business.”

Environmental benefits

HP estimates its redesigned print cartridge packaging will eliminate the use of nearly 15 million pounds of materials, including 3 million pounds of corrugated cardboard in 2007.¹ The packaging also will eliminate the use of more than 6.8 million pounds of polyvinyl chloride (PVC) plastic through material reduction and substitution of recycled content plastic and paperboard.²

HP inkjet cartridge multipacks, for example, are now made with recycled content paperboard instead of PVC. In fact, since 2003, HP has reduced overall package weight for inkjet cartridge multipacks by 80 percent and quadrupled the number of packages that can be carried in a single truckload.

Additionally, HP inkjet cartridge photo value packs are now packaged completely in recycled paperboard instead of PVC plastic. Also, PVC has been replaced by recycled plastic (PET – RPETG) in HP inkjet cartridge tripack packaging sold in club stores.³

New HP LaserJet toner cartridge packaging uses 45 percent less packaging material by weight. The more compact package also contains an innovative multi-chamber air bag that protects the cartridge from transport damage, dust, moisture and light. The smaller boxes can be shipped 30 percent more efficiently – a standard shipping pallet holds 203 cartridges instead of the previous 144.

Overall, the more efficient packaging is expected to reduce truck traffic in the United States and Canada by an estimated 1.5 million miles in 2007.⁴

Retail benefits

Retailers also should realize savings in shelf space from the new packaging. Front-facing surface area for multipacks has been reduced by 80 percent.⁵ New HP inkjet cartridge tripacks sold at club stores can be stacked three-high on shelves, as opposed to two-high in the past. And new HP LaserJet toner cartridge packaging offers retailers more than 30 percent shelf space savings.

"We take our Environmental programs very seriously," said Alanna Jack,
Category Manager, Staples Business Depot Canada. "We're delighted to partner
with a manufacturer like HP in addressing the environmental impacts related to the products we sell."

More information on HP’s environmental programs is available at www.hp.com/go/environment.

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 $91.7 billion for the four fiscal quarters ended Oct. 31, 2006. More information about HP (NYSE: HPQ) is available at www.hp.com.

Note to editors: More news from HP, including links to RSS feeds, is available at www.hp.com/hpinfo/newsroom/.

¹ Estimates are based on projected 2007 print cartridge sales in the United States and Canada. Global warming gas (carbon dioxide equivalents) emissions reductions calculated based on anticipated 2007 sales, using packaging configurations before and after recent improvements. Environmental impacts modeled with SimaPro 7 (PRé Consultants, The Netherlands, 2006) lifecycle inventory software. Carbon equivalency factors from Intergovernmental Panel on Climate Change. Calculations from www.usctcgateway.net/tool/.
² Estimated reductions compare current to prior packaging designs, using anticipated 2007 sales.
³ The term “tripacks” is used here to describe club store packages, most but not all of which contain three cartridges.
⁴ Based on anticipated 2007 sales, shipping in full truckloads, 1,000 mile average trip distance from distribution centers in California and Virginia.
⁵ Inkjet retail multipack example (display width x height): current dimensions: 4.8 inches x 6.4 inches; previous dimensions: 10.7 inches x 13.4 inches.

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 achievement of expected results and other risks that are described from time to time in HP’s Securities and Exchange Commission reports, including but not limited to the risks described in HP’s Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2006 and other reports filed after that Form 10-K. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2007 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.
2/2007