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Compaq Offers New M720 CRT Monitor with Multimedia Base (Advisory)

HOUSTON, October 15, 2001

Compaq Computer Corporation (NYSE: CPQ) today introduced the economical M720 CRT Monitor, featuring an innovative multimedia base that provides a compact one-piece display solution for convenient audio capability.

Ideally suited for education, government and business users, the M720's multimedia base includes integrated speakers, saving space and reducing the risk of theft. This configuration also reduces the number of wires around the desktop, as the fully integrated speakers do not require an external power source. In addition, the microphone and headphone jacks are located on the front panel for easy access, and the monitor features line-in jacks for connecting CD drives and other presentation devices.

With a 36 percent larger viewing area than a 15-inch monitor, the 17-inch M720 monitor allows viewing of several screens at the same time without the need to click back and forth between programs, and features a tilt and swivel base for optimum readability. The M720 CRT Monitor has been tested for frontward and backward compatibility on all leading desktops, notebooks and workstations, and the monitor's carbon and silver color scheme makes it a perfect compliment for Compaq Evo™ PCs and iPAQ™ desktops. The monitor is also available in opal.

The M720 CRT monitor is available direct from Compaq for just $249. For more information visit www.compaq.com/products/monitors.

Company Background

Founded in 1982, Compaq Computer Corporation ("Compaq") 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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