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HP Delivers New Notebook PC with Desktop Performance and Larger Display

Desktop-caliber Features, 16-inch Display Make Compaq Presario 3000 Series a Great Value

PALO ALTO, Calif., Nov. 18, 2002

HP (NYSE:HPQ) today introduced a new line of notebook PCs that offers customers the advantages and performance of a desktop PC combined with the mobile convenience of a notebook. The Compaq Presario 3000 series delivers traditional desktop PC performance with the added feature of a large16-inch display -- nearly the same viewable area as a 17-inch desktop monitor.

"Our customers were looking for a product combining powerful desktop performance with mobility," said Kevin Frost, vice president of worldwide notebook marketing, HP Personal Systems Group. "The Compaq Presario 3000 notebook PC features a stunning 16-inch display for full-screen viewing of many software programs, watching DVD movies and playing PC games while not taking up much desk-space -- all at a terrific value."

High-end Desktop Performance in a Notebook

Built to fit the lifestyle needs of customers, the Compaq Presario 3000 series notebook PC packs desktop-caliber features, including up to a 2.4 gigahertz Intel® Pentium® 4 processor and SiS M650 4X AGP graphics controller with 32 MB or 64 MB of shared video memory(1) -- all integrated into a mobile notebook-size design.

These features, usually confined to desktop PCs, are now available in a notebook PC weighing 8.09 lbs and 1.75-inches thin. The high-capacity 12-cell battery pack provides more than 3 hours of operation on battery mode.

The Compaq Presario 3000 series notebook PC enables users to enjoy excellent video performance as well as edit home photos and videos as a result of its 16-inch wide viewing angle SXGA display, IEEE-1394 digital video port and four USB 2.0 ports.

Offering high-end desktop performance in a notebook design, the Compaq Presario 3000 makes users' lives easier whether at work or play, at home or traveling. The notebook's 10/100 Ethernet LAN and 56-Kbps v.92 modem, plus its high-capacity lithium-ion battery, make staying connected faster and more convenient than ever.

The Compaq Presario 3000 series notebook PC is expected to be available in early December at an estimated U.S. retail price of $1,799.(2) Detailed specifications and additional product and purchasing information is available at http://www.hpshopping.com.

About HP

HP is a leading global provider of products, technologies, solutions and services to consumers and businesses. The company's offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing. HP completed its merger transaction involving Compaq Computer Corporation on May 3, 2002. More information about HP is available at http://www.hp.com.


(1) Shared video memory (UMA) uses part of the total system memory for video performance. System memory dedicated to video performance is not available for other use by other programs.

(2) Actual prices may vary.

Intel and Pentium are registered trademarks of Intel Corp.


This news release contains 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 market for the sale of certain products and services may not develop as expected; that development and performance of these products and services may not proceed as planned; and other risks that are described from time to time in HP's Securities and Exchange Commission reports, including but not limited to HP's quarterly report on Form 10-Q for the quarter ended July 31, 2002 and reports filed subsequent to HP's annual report on Form 10-K, as amended on January 30, 2002, for the fiscal year ended October 31, 2001. If any of these risks or uncertainties materializes or any of these assumptions proves incorrect, HP's results could differ materially from HP's expectations in these statements. HP assumes no obligation and does not intend to update these forward-looking statements.


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