News release

HP Provides $3.3 Million in Education Grants to Universities Nationwide

HP (NYSE:HPQ) today announced technology grants to 20 universities across the United States. The grants are a component of HP's Applied Mobile Technology Solutions in Learning Environments grant initiative, which is designed to influence teaching and the learning experience of students on campus through the innovative application of mobile technology.

Valued at more than $3.3 million, the grants include computer equipment and funding for undergraduate student interns to work at the recipient's university on their respective projects. The grants are intended to help universities accelerate the adoption of mobile technologies in learning environments in ways that positively impact student achievement. Universities are asked to measure the impact of their project and share the results with other institutions.

Of the 20 grants awarded this year in the United States, nine were extension grants awarded to universities that received a Mobile Technology Solutions grant in prior years. This funding will allow universities to continue the successful work they began during the term of their first grant.

"HP believes that education is the single most effective lever for increasing economic prosperity and developing a diverse, highly skilled workforce," said Bess Stephens, vice president, HP Philanthropy and Education. "The goal of this program is to help universities gain a deeper understanding of how mobile technology and a wireless infrastructure can facilitate learning and student achievement. For students and faculty, this technology can be liberating. Universities are already moving in this direction, and through these grants, HP is helping them get there faster."

The HP grants feature a wide range of HP commercial and consumer products -- from network infrastructure, wireless technology, servers and notebook, tablet and handheld PCs to projectors, monitors and printing and imaging equipment -- with a total retail value of approximately $200,000.

The recipients of the HP Applied Mobile Technology Solutions in Learning Environments grants for 2003, organized by region, are:

Northeast

University of Massachusetts, Amherst, Mass.
Pennsylvania State University, University Park, Pa.
Carnegie-Mellon University, Pittsburgh, Pa.⁽¹⁾
Morgan State University, Baltimore, Md.⁽¹⁾

Midwest

Rose-Hulman Institute of Technology, Terre Haute, Ind.
University of Wisconsin, College of Letters and Sciences, Madison, Wis.
Purdue University, West Lafayette, Ind.⁽¹⁾

Northwest

University of Washington, Seattle, Wash.

Southwest

New Mexico State University, Las Cruces, N.M.
Texas A&M, College Station, Texas
University of Houston, Texas
University of New Mexico, Albuquerque, N.M.⁽¹⁾
University of Texas, Austin, Texas⁽¹⁾

West Coast

California State University, Monterey Bay, Calif.
Stanford University, Palo Alto, Calif.
San Jose State University, Calif.
University of California, Berkeley, Calif.
UCLA, Henry Samueli School of Engineering and Applied Science, Los Angeles, Calif.⁽¹⁾
University of California, San Diego, Calif.⁽¹⁾
University of California, Davis, Calif.⁽¹⁾

Over the last 20 years, HP has contributed more than $1 billion in cash and equipment to schools, universities, community organizations and other not-for-profit organizations around the world. In 2002, HP's giving worldwide amounted to more than $62 million in cash and equipment.

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 acquisition of Compaq Computer Corporation on May 3, 2002. More information about HP is available at http://www.hp.com.

⁽¹⁾ Denotes extension grant recipient.