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HP Applauds House Hearing on Oman Free Trade Agreement

Statement by John Hassell, HP Director of Federal & State Government Affairs

For Immediate Release: April 5, 2006

“HP commends the leadership of Chairman Bill Thomas (R-CA) and the House Ways and Means Committee for holding a hearing today in support of the Free Trade Agreement with Oman. An integral component of maintaining America’s competitiveness includes the expansion of trade boundaries -- and this hearing is an important step in that direction.

“As an industry leader and the top innovative technological solutions provider in the Middle East/North Africa region, HP looks forward to increasing business opportunities in the global marketplace through competitive initiatives like free trade agreements.

“Today’s international marketplace demands that the United States work to eliminate tariffs and create new opportunities for innovative American companies to expand their product and service offerings globally. Free trade agreements benefit American high-tech companies like HP as well as Oman by helping to spur economic growth and improve employment opportunities for the people of the United States and Oman.

“HP is committed to working with Congress and the Administration to pass the free trade agreement with Oman as well as continuing to pursue expanded free trade agreements with other countries. HP strongly supports policymakers in the Congress and the Administration working to open trade markets abroad that will help America's high-tech sector sell our products and services and globally enable us to reach our full potential.”

About HP

HP is a technology solutions provider to consumers, businesses and institutions globally.
The company’s offerings span IT infrastructure, global services, business and home
computing, and imaging and printing. For the four fiscal quarters ended Jan. 31, 2006,
HP revenue totaled $87.9 billion. More information about HP (NYSE, Nasdaq: HPQ) is
available at http://www.hp.com.


© 2006 Hewlett-Packard Development Company, L.P.

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