News release

Compaq Microportable Projectors Join iPAQ Family; Offers Ultimate Mobile Presentation Solution

Compaq Computer Corporation (NYSE: CPQ) today announced that its award-winning line of microportable projectors will join the iPAQ product line and usher in a new generation of mobile presentation solutions.

By combining a new iPAQ MP2810 Microportable Projector with an iPAQ Pocket PC, road warriors will now be able to travel with a high-performance presentation solution that weighs in at just 4.2 pounds.

Mobile professionals can display presentations on an iPAQ MP2810 or MP1410 Microportable Projector using the iPAQ Pocket PC, PC Card Expansion Pack and either the Margi Systems Presenter-To-Go or Colographic Voyager presentation solutions.

"This is a dream come true for business travelers or anyone demanding the most mobile, lightweight computing and presentation technology available," said Sean Burke, vice president and general manager, iPAQ Product Division, Compaq Computer Corporation. "The combination of award-winning products like the iPAQ Microportable Projector and iPAQ Pocket PC to deliver a leading edge presentation solution is another example of how Compaq iPAQ products are driving innovation."

Designed for business travelers, such as marketing and sales executives, training specialists, professional presenters and consultants, Compaq's new iPAQ microportable projectors are the ideal presentation tools for use with iPAQ Pocket PCs or Compaq Evo or Presario notebook computers.

iPAQ MP2810

Roughly the size of a day planner, the iPAQ MP2810 weighs just 3 pounds and stands as one of the world's smallest projectors at 118 cubic inches. Featuring the distinct tower design found on all Compaq microportable projectors, the MP2810 goes beyond size to deliver stunning, multi-media presentations in even the most space-constrained environments.

Utilizing the latest in Texas Instruments Digital Light Processing™ (DLP) and Pixelworks technologies, the MP2810 autosynchs with any PC, features plug-and-present ease of use, offers an onscreen menu for easy adjustments and displays 1024x768 XGA resolution at a brightness of 1100 lumens. A true multimedia device, the Compaq MP2810 is compatible with VCR, DVD and HDTV equipment, features a manual zoom lens, standard 8-watt Premier · Sound Speaker system and multi-function remote control.

Priced at just $3,999, the iPAQ MP2810 is one of the smallest, lightest, and brightest executive projectors in the marketplace. More information on the iPAQ MP2810 is available at http://www.compaq.com/products/projectors/

iPAQ MP1410

Designed to fit any budget, the iPAQ MP1410 is ideal for mobile customers who demand portability, high resolution, and outstanding value in a projector. The 4.3 pound iPAQ MP1410 Microportable Projector features SVGA imaging (800 x 600 resolution), 800 lumens of brightness and Digital Light Processing (DLP) technology. For customers seeking an inexpensive alternative to high definition television (HDTV), the iPAQ MP1410 also features an optional Home Theater Upgrade Kit that turns any family room or den into a home theater. Aggressively priced at $2,299, the iPAQ MP1410 is one of the most affordable ultralight projectors available today. Additional information on the iPAQ MP1410 is available at http://www.compaq.com/products/projectors/

About the iPAQ Family of Products

The goal of the iPAQ family of products is to deliver simple, practical devices that complement and extend the functionality of our industry-leading PC products. iPAQ products and solutions fall into what Compaq has termed the "convergence" space, where usage tends to span both personal and professional. For example, iPAQ projectors cannot only be used in a business environment as a professional presentation tool, but can also be used in the home as home theater device.

Other Compaq iPAQ products include: iPAQ Pocket PCs, iPAQ Personal Audio Players, iPAQ Music Center, iPAQ Personal CD Player, iPAQ Blackberry Wireless Email Solutions, iPAQ Internet Appliances, iPAQ Home Networking Modules

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.