News release

HP Delivers New High-performance Notebook Series Optimized for Wireless Connectivity

Buyers of Select Models Can Get 2,000 Free Minutes of T-Mobile HotSpot High-speed Wireless Internet Access

HP (NYSE:HPQ) today introduced two new powerful, wireless-ready notebook PCs -- the Compaq Presario 2100 and 2500 series. Both offer a striking design and high performance geared to the mobile user at a great value without compromising on features.

In keeping with HP's goal of making wireless Internet access easy, customers who purchase select models of the Compaq Presario Notebook 2500 series are eligible to receive 2,000 free minutes of T-Mobile® HotSpotSM high-speed wireless Internet service.

"Our new notebooks PCs are about giving customers a great wireless experience," said Kevin Frost, vice president of worldwide notebook marketing, HP Personal Systems Group. "We integrated WiFi technology into notebooks and partnered with T-Mobile to help mobile users -- from small office professionals to students -- experience an extraordinary wireless experience."

T-Mobile HotSpot, the largest WiFi network in the United States, offers high-speed wireless Internet access in more than 2,000 locations, including airports, airline clubs, Starbucks coffeehouses and, in 2003, Borders bookstores. T-Mobile's HotSpot service was officially launched in Starbucks coffeehouses by HP, T-Mobile and Starbucks last August. Backed by T-1 connections, customers can check e-mail, surf the Web, watch streaming video or download multimedia presentations while enjoying their favorite coffee beverage in the comfort of participating Starbucks locations and other T-Mobile locations via a fast, reliable standards-based wireless Internet connection.

This offer from HP and T-Mobile is available until June 30, 2003. Customers have 30 days from sign-up to use the 2,000 free minutes with purchase of one of the new Compaq Presario Notebook 2500 series.

Compaq Presario Notebook 2100 Series

The Compaq Presario Notebook 2100 series offers advantages customers need for work, school or home use with a high level of performance for productivity or digital entertainment use. Sporting a sleek design in two-tone graphite and silver, the Compaq Presario 2100 is an attractive and mobile notebook at 1.5-inch thin and weighing as light as 6.7 pounds.

Customers have a choice of wireless options for home and small office environment, up to a 15-inch display, outstanding ATI Mobility Radeon graphics -- all at an incredible value. The 2100 series comes with a full range of Intel® Celeron® and Mobile Pentium® 4-m processors as well as the fastest AMD Athlon XP processor with PowerNow! technology.

Estimated U.S. pricing for the Presario 2100 starts at $899 after $100 mail in rebate.⁽¹⁾

Compaq Presario Notebook 2500 Series

Designed for excellent desktop performance, the Compaq Presario Notebook 2500 offers fast desktop processors -- the Intel Pentium 4 processor up to 2.8 GHz. The notebook also includes up to 15-inch high-resolution TFT display, ATI Mobility Radeon integrated graphics, IEEE 1394 input and wireless connectivity making it the ideal portable system for the home and home office.

In addition, the notebook features an integrated 10/100 Ethernet LAN, 56 Kbps v. 90/v.92 modem, port replicator connector, 802.11b networking (on select models) and easy-to-use one-touch buttons for instant access to Web sites and applications.

Estimated U.S. pricing for the Compaq Presario Notebook 2500 series starts at $1,399.⁽¹⁾

The Compaq Presario 2100 and 2500 series are available to customize with a full range of options. The products also can be purchased through HP's "Built for You" kiosks located in participating retailers, through the Web at http://www.hpshopping.com or by phone at +1 800 888 0220.

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⁾ Actual prices may vary.

Intel, Celeron and Pentium are U.S. registered trademarks of Intel Corp.