News release

Special Promotion Offers Mobile Users Free Wireless PC Card With Purchase of Compaq Notebook (Advisory)

Today, Compaq Computer Corporation (NYSE: CPQ) ) announces special prices on its high-performing notebooks including a free Compaq iPAQ™ 11 Mbps Wireless PC Card when purchased direct from Compaq on 1-800-888-2212 and free shipping when ordered online www.compaq.com/bt.

"Compaq is a solid partner for fast-growing businesses. Their (hardware) stability, manageability and reliability combined with good service made an immediate impact on our operations," said Mike Shuber, director of Information Technology at Parson Group LLC, the Chicago-based operational consulting company that topped Inc. magazine's list of fastest-growing private companies in 2000. Compaq helped the Parson Group achieve a phenomenal 27,992 percent growth over five years.

Compaq notebooks are ideal for enterprise and growing businesses, provide the ultimate balance of technology and mobility, are light-weight, innovative and are available in durable designs. The special-priced Armada 110 Notebook, for example, is available for $799 and comes with Intel® Celeron™ processor, 700MHz and Microsoft® Windows® 98 software. Wireless solutions and products are also available with upgrade of a WL215 Wireless USB LAN Solution. When installed, this solution enables the user to roam freely, while staying connected to the network.

"Quality products offered at competitive prices with flexible payment options puts the full power of an IT department without the costly overheard within reach of many small and medium size businesses," said Robyn West, vice president of North America SMB sales at Compaq. "And, our four month free leasing program helps customers preserve capital so they can invest in their business as they see fit."

Final calls for this special offer are at midnight on Thursday, October 25th with the next featured product promotion beginning the following Tuesday, October 30th.

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.