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Compaq's Popular "Business Tuesday" Promotion Features Half-Off Second iPAQ Desktop Purchase (Advisory)

HOUSTON, October 9, 2001

Beginning today, small and medium size business owners have an opportunity to purchase a Compaq iPAQ™ desktop and get half off another, for savings up to $449 savings when they buy direct from Compaq at 1-800-888-2212 or online at www.compaq.com/bt.

This popular desktop features an Intel® Celeron™ processor, 800MHz, and Microsoft® Windows® Millennium Edition. Other highlights:

  • iPAQ desktops are the sleek, unique desktops that simply and affordably provide the ideal features for Internet/intranet and mainstream business computing
  • iPAQ desktops offer simplified computing throughout an extended lifecycle while offering stability, consistency, and advanced technologies such as USB and MultiBay
  • iPAQ desktops are easier and less costly to deploy and manage, and lower total ownership costs through legacy-free offerings and technologies that simplify use and ownership

"Business Tuesday builds upon our momentum of creating innovative products integrated into solutions for emerging enterprises," said Robyn West, vice president of Compaq's North America SMB Sales. "For example, during this promotion, businesses could purchase 15 Compaq iPAQ desktops for the price of 10. The savings could be invested in more technology or to enhance other areas of the business."

Final calls for this special offer are at midnight on Thursday, October 11th, with the next featured product promotion beginning the following Tuesday, October 16th.

Company Background

Founded in 1982, Compaq Computer Corporation ("Compaq") (NYSE: CPQ) is a leading global provider of enterprise technology and solutions. Information on Compaq and its products and services is available at http://www.compaq.com.


Notes:

Compaq and the Compaq logo are trademarks of Compaq Information Technologies Group, L.P. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies. This news release may contain forward-looking statements that involve risks, uncertainties and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the possibility that the Hewlett-Packard/Compaq merger does not close or that the companies may be required to modify aspects of the transaction to achieve regulatory approval or that prior to the closing of the proposed merger, the businesses of the companies suffer due to uncertainty; the market for the sale of certain products and services may not develop as expected; that development of these products and services may not proceed as planned; that Compaq and Hewlett-Packard are unable to transition customers, successfully execute their integration strategies, or achieve planned synergies; other risks that are described from time to time in Compaq and Hewlett-Packard's Securities and Exchange Commission reports (including but not limited to Compaq's annual report on Form 10-K for the year ended December 31, 2000, HP's annual report on Form 10-K for the year ended October 31, 2000, and subsequently filed reports). If any of these risks or uncertainties materializes or any of these assumptions proves incorrect, Compaq's results could differ materially from Compaq's expectations in these statements. Compaq assumes no obligation and does not intend to update these forward-looking statements.

 


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