News release

Compaq Provides Technology to American Red Cross, Donates to United Way September 11 Fund to Aid New York, D.C. Disaster-Relief Efforts

Compaq Computer Corporation (NYSE: CPQ) has responded to American Red Cross requests for technology by donating more than $1 million in equipment and cash to assist in relief and recovery efforts in New York City and Washington, D.C.

"With the loss of one employee and four others among the missing, the Compaq family was directly affected by this tragedy," said Michael Capellas, Compaq chairman and CEO. "Thanks to the tireless work of many of our employees who volunteered to assist, we are contributing technology and money to aid in the recovery process for those most directly impacted by this attack on America."

In addition to a $250,000 cash donation to the United Way September 11 Fund, Compaq has provided the Red Cross $725,000 worth of servers, personal computers, iPAQ™ handheld computers and storage equipment to support the agency's disaster-relief computer network, as well as the development of a victim-registration system.

The computer network will be used in the New York City metropolitan area to track missing persons and victims of the terrorist attacks and develop databases for area shelters and field-personnel records.

More than 200 Compaq personal computers will be used for Red Cross' victim-registration system. The PCs will be housed in kiosks in New York, New Jersey, Connecticut, and Washington, D.C., to allow families to register on the Red Cross Web site, at www.redcross.org. This will allow the agency to respond to inquiries received from concerned friends and family nationwide. Users also will be able to send e-mail to their loved ones.

Compaq Canada has contributed $100,000 to the Canadian Red Cross to support collaborative efforts for disaster relief.

Compaq employees have further contributed to the relief efforts by donating blood and making individual contributions to various charitable disaster-relief organizations, which are matched dollar-for-dollar by the company.

In addition, Compaq, through its North America Services Command Center, mobilized immediately to meet critical customer needs in the wake of last week's terrorist attacks, and has provided disaster-recovery support for more than 30 World Trade Center businesses.

Company Background

Founded in 1982, Compaq Computer Corporation ("Compaq") is a leading global provider of enterprise technology and solutions. Compaq designs, develops, manufactures and markets hardware, software, solutions and services, including industry-leading enterprise storage and computing solutions, fault-tolerant business-critical solutions, communication products, and desktop and portable personal computers that are sold in more than 200 countries. Information on Compaq and its products and services is available at http://www.compaq.com.