News release

HP, Intel Grant $2.5 Million in Itanium™-based Systems to Accelerate University Research

PALO ALTO, Calif., Sept. 26, 2001

Hewlett-Packard Company (NYSE:HWP) and Intel Corporation today announced that 40 universities worldwide will receive HP servers and workstations based on the Intel® Itanium™ processor as part of HP and Intel's new Itanium-based Systems Grant program. The universities plan to use the Itanium-based systems for research in areas ranging from bio-informatics and neural networks, to compilers and cluster computing, to computational science and scientific data mining.

The selected universities will receive HP Workstation i2000 and HP Server rx4610 products as part of the $2.5 million joint effort by Intel and HP. The Itanium-based Systems Grant program is part of each company's ongoing commitment to support education worldwide, to strengthen university research capabilities and to enhance Itanium-based system performance and features for the benefit of all customers.

"HP and Intel are pleased to put Itanium-based systems into the hands of these world-class university scientists," said Patrick Scaglia, director of the Center for Internet and Computing Platform Technologies, HP Labs. "We are excited by the enthusiasm of the worldwide scientific community in harnessing the potential of the Itanium architecture. The research proposed will undoubtedly lead to major advances in many fields of science while showing the true potential of this new architecture."

"Universities play a pivotal role in extending the value of our new technology for the broad user community," said David Tennenhouse, vice president and director of research, Intel. "This university research will take advantage of the Itanium processor's unique capabilities and catalyse new and exciting applications in business, science and engineering."

HP and Intel jointly developed the grant program under the administration of HP University Relations and Intel Academic Relations and the auspices of Intel Research and HP Labs. The Intel and HP team invited universities throughout the world to propose how they would deploy the Itanium-based systems to strengthen their research.

"The Itanium architecture is extremely promising for database applications -- the software that dominates the commercial server market," said Anastassia Ailamaki, assistant professor, School of Computer Science and Electrical and Computer Engineering, Carnegie Mellon University. "Inventing ways for database systems to take advantage of the Itanium processor's characteristics opens an exciting new research area that will lead in revolutionizing database software technology to deliver superb performance on this cutting-edge computer architecture."

"We are investigating if processor and platform architectural features can enhance security," said Ruby Lee, Hamrick Professor of Engineering, Princeton University. "For example, we plan to explore security issues such as how Itanium-based servers can mitigate denial of service attacks or protect the intellectual property rights of digital movies sent over the Internet."

HP and Intel awarded grants to the following universities, which are expected to receive systems later this fall:

• In the United States: California Institute of Technology; Carnegie Mellon University; Cornell University; Georgia Institute of Technology; Harvard University; Massachusetts Institute of Technology; North Carolina State University; Princeton University; Rice University; State University of New York at Stony Brook; University of Arizona, Tucson; University of California at Berkeley; University of California, Davis; University of California, San Diego; University of Colorado, Boulder; University of Illinois, Urbana-Champaign; University of Kentucky; University of Minnesota; University of Tennessee; University of Wisconsin, Madison; and Washington University, St. Louis.

• In Canada: McGill University; University of Alberta; University of Guelph; and University of Waterloo.

• In Asia Pacific: The Chinese Academy of Sciences; National University of Singapore; Seoul National University; Tsinghau University (China); and University of New South Wales (Australia).

• In Europe: Dresden University (Germany); Groupe ESIEE Paris (France); Hacettepe University (Turkey); INRIA Lorraine (France); INRIA Rhone Alpes (France); Karlsruhe University (Germany); Ruhr-University of Bochum (Germany); Universitat Politecnica de Catalunya (Spain); University of Cambridge (UK); and University of Perpignan (France).

Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at http://www.intel.com/pressroom.

About 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. HP had total revenue from continuing operations of $48.8 billion in its 2000 fiscal year. Information about HP and its products can be found on the World Wide Web at http://www.hp.com.

Intel and Itanium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and in other countries.