News release

HP and Magic Johnson Foundation Double Team to Help Defeat Digital Divide in Lansing

HP (NYSE:HPQ) and the Magic Johnson Foundation today continued their community technology initiative aimed at bridging the digital divide with the opening of the 11th Magic Johnson HP Inventor Center at the Black Child and Family Institute here. The center will offer training and skills development and access to online services for Lansing-area youths and adults.

Funded by HP, the initiative has already established 10 centers in other inner-city communities in cities such as Los Angeles, Washington, Atlanta, Harlem, Chicago and Houston. The investment in all the centers totals $1 million over a three-year rollout.

"So many people take computer technology for granted because it's such a major part of our society now, but imagine not having the education or the ability to access computers," said Earvin "Magic" Johnson, founder of the Magic Johnson Foundation. "Thanks to organizations with a strong sense of responsibility like HP, my Foundation can come into the community and provide the necessary training and education that the kids and the residents of the community may not be getting otherwise."

The Magic Johnson HP Inventor Center at the Black Child and Family Institute will feature a powerful lineup of HP commercial and consumer products -- from servers, desktop and notebook PCs to printers, scanners and digital cameras.

Lansing Mayor Tony Benavides said, "The center will help ensure that residents have access to computer technology so they can continue to develop indispensable skills for a technologically driven world. We thank HP, the Magic Johnson Foundation and the other organizations that came forward to make this happen."

"HP is deeply committed to broadening access to social and economic opportunities through technology," said Lewis Karabatsos, director, U.S. strategy and operations, HP Corporate Philanthropy and Education. "By working with the Magic Johnson Foundation, we are widening our efforts to enable underserved communities to harness the benefits of the digital economy."

The Black Child and Family Institute is a non-profit organization designed to assist children and families in the Greater Lansing area. The institute strengthens children and families through mutual respect and responsibility with programs and services designed to address needs in the areas of family, stability, physical and mental health, education, and economic development.

"Computer literacy is essential if we are to open the doors of the world to Lansing's children and families," said Martha Bibbs, president of the board, The Black Child and Family Institute. "Today is the fulfillment of a dream of two native sons -- Kevin Bibbs and Earvin "Magic" Johnson. The center will make a remarkable difference in the lives of many residents in our community."

Other sponsors supporting the Magic Johnson HP Inventor Center include: Bank One, Freddie Mac, Corel Corporation, DHL, Eastwind Consulting Group and Microsoft.

About the Magic Johnson Foundation

The Magic Johnson Foundation is a non-profit organization that focuses on improving and addressing the health, educational and social needs of those residing in the inner city. In addition, the Foundation has made a strong commitment to raise awareness about several health and social concerns that threaten underserved communities. Founded in 1991 by basketball legend Earvin "Magic" Johnson, the Foundation has raised more than $20 million for charity.

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.