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Compaq Struts Its Stuff With Up & Running Race

Second Harvest Food Bank to Receive All Race Proceeds

CUPERTINO, CA, April 16, 2002

Over 3,000 athletes will be gearing up at the Compaq Up & Running start line on Sunday, April 21, for the race's 18th annual running. The Compaq-owned race is one of the most anticipated events on the Silicon Valley running scene and is part of the USA Track & Field Pacific Coast Association 10K Championship race circuit.

Benefiting the Second Harvest Food Bank, whose goal is to fight hunger in the Bay Area, Compaq Up & Running is the only area running event in which 100 percent of the proceeds are donated to charity. Last year, Compaq raised more than $60,000 for Second Harvest Food Bank, with over 2,500 race participants.

"Each year we are proud to bring Compaq Up & Running to the Bay Area community. It is always an enjoyable event for families, friends, our employees and elite and weekend athletes—all in the name of charity," said Pauline Nist, vice president and general manager of Compaq's NonStop Division. "Serving the communities in which our employees live and work is a priority for us at Compaq. We are honored to be able to support the extraordinary efforts of the Second Harvest Food Bank each year."

"At a time when clients of the food bank are faced with increasing living costs, having a partner like Compaq is extremely beneficial to us," said Dave Sandretto, executive director, Second Harvest Food Bank. "Compaq's contributions enable us to continue providing and improving programs for our clients at a time when our services are in great demand."

The Compaq Up & Running Race will begin at 9:00 a.m. at Compaq's Silicon Valley campus at 19333 Vallco Parkway, Cupertino. Race-day registration begins at 7 a.m., with the pre-race warm-up starting at 8:45 a.m.

The race is not only a draw for serious runners, but it's also a great event for recreational runners, families, and spectators. It features a 10K and 2-mile, run/walk for adults, a 1-mile fun run for children ages 6 through 12, and a popular Trike & Trot race for kids 6 and under. A free, fun family expo with games, playland, face painters, food, and more will also be a part of the day's festivities. Family expo activities are open to kids of all ages from 8:30 a.m. to 11:30 a.m.

More than 2,500 runners, walkers, spectators, city officials, and volunteers are expected to enjoy race day at Compaq. All registered race participants will receive an event T-shirt and continental breakfast.

Top men and women finishers in the 10K Championship divisions will split $5,500 in prize money. 10K Championship divisions are Open, Masters, Seniors, Super Senior, Veteran, and Teams. Another $1,500 in prize money will be split between the top three men and women finishers in the 10K Wheelchairs division. Compaq Up & Running is the only race on the Pacific Coast Championship circuit to include a wheelchair division.

Lastly, this year's race will serve as a qualifier for the San Francisco Bay to Breakers race scheduled for May 19.

For further race information, or to register, visit www.compaq.com/race or call the race hotline at (408) 285-0123.

Company Background

Founded in 1982, Compaq Computer Corporation (NYSE: CPQ) is a leading global provider of information technology products, services, and solutions for enterprise customers. Compaq designs, develops, manufactures, and markets information technology equipment, software, services, and solutions, including industry-leading enterprise storage and computing solutions, fault-tolerant business-critical solutions, communication products, personal desktop and notebook computers, and personal entertainment and Internet access devices sold in more than 200 countries directly and through a network of authorized Compaq marketing partners. 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 document 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 Hewlett-Packard/Compaq merger does not close 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, 2001, HP's annual report on Form 10-K for the fiscal year ended October 31, 2001, 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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