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HP Welcomes Bipartisan Patent Reform Bill

Statement by Mike Holston, HP General Counsel

For Immediate Release: April 18, 2007

WASHINGTON, D.C., April 18, 2007 –“HP welcomes the patent reform bill introduced in the House and the Senate today.  Patent reform is aligned with HP’s own public policy priorities and the broader congressional innovation agenda.

“We appreciate this strong first step today, and are eager for Congress to take prompt action to reform the patent system.  There is an excellent opportunity to address this important issue this year.  Addressing disruptions to innovation due to speculative litigation and improving patent quality are top priorities.

“Quite simply, we need changes in the patent system because the current system hinders companies' ability to adequately protect their investment in innovation.  This is important for HP, but also important for the country.  America needs its businesses to continue to lead in order to create economic growth.

“HP thanks Chairman Patrick Leahy, Senator Orrin Hatch, Chairman Howard Berman, and Congressman Lamar Smith for the outstanding leadership they have demonstrated on patent reform by introducing this bill.  We look forward to continuing to work with the Congress as they consider this important measure.”

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 $94.1 billion for the four fiscal quarters ended Jan. 31, 2007. More information about HP (NYSE: HPQ) is available at http://www.hp.com.


© 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.

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