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HP Revamps Digital Camera Lineup, Increases Investment to Become a Top Vendor
Investment in imaging and printing simplifies capture, share and print experience for consumersLAS VEGAS, Photo Marketing Association 2004, Feb. 12, 2004
The revamp is the result of a significant increase in HP's digital camera research and design efforts, nearly doubling the investment dollars in the past 18 months as part of HP's overall $1 billion-plus research and development budget in imaging and printing.
Additionally, HP is bolstering its retail efforts with comprehensive online and in-store training programs for sales representatives in more than 4,500 stores across the United States. HP trainers reach approximately 15,000 store associates every week, assisting associates in understanding how HP products work better together - from capture to share to print.
"In 2004, HP digital cameras will establish a higher standard by which the mainstream digital camera market will be judged both in technologic advancements and image quality as well as ease of use," said Vyomesh Joshi, executive vice president, Imaging and Printing Group, HP. "Combined with HP's line of exceptional photo-quality printing systems that offer fade resistance for up to 115 years, we are providing consumers the means to capture, share and print true-to-life quality photos right in the comfort of their own homes."(1)
The HP Photosmart line of digital cameras will feature a completely new look and feel, including a stylish and durable brushed stainless steel construction and a one-of-a-kind ergonomic grip for steady, one-handed shots.
To help ensure that printed photos result in picture-perfect color output, HP's new camera line also will incorporate HP Real Life technologies, a series of technical advancements that make it virtually impossible to take a bad picture.
HP Real Life technologies include:
The first model to feature HP Real Life technologies is the HP Photosmart R707 digital camera with HP Instant Share, a technology that makes sharing, printing and saving digital photos easy. In addition, the HP Photosmart R707 digital camera offers 5.1-megapixel resolution, 24x total zoom, 32 megabytes of internal storage and PictBridge, all of which help consumers achieve professional-quality photos.
The HP Photosmart R-series camera dock will allow users - in one, quick step - to easily share, print, e-mail and store photos and video clips. At the same time, the dock recharges the in-camera battery, in addition to an included spare battery via the dual charging bay. The HP Photosmart R-series camera dock also allows users to view digital photos on a TV with a wireless remote.
The HP Photosmart R707 digital camera and HP Photosmart R-series camera dock are expected to begin shipping in May and have estimated U.S. street prices of $349 and $79, respectively.(2) The products will be available at hpshopping.com and retail outlets worldwide.
Vivid, photo-quality prints in a variety of sizes with exceptional fade resistance
Announced on Feb. 10 and being shown at PMA, the HP Designjet 30 and HP Designjet 130 printing systems offer creative professionals affordable, convenient printing of high-quality photos, prints and proofs that resist fading for 70 years.(3)
In addition to accurate color and photo image quality, the two HP Designjet systems deliver fast color stability and color consistency, an array of color management tools for flexible and improved workflow as well as new media and ink cartridges to deliver optimal performance. Designed for professionals, HP's state-of-the-art dye-based ink formulations offer the rich color depth, gloss uniformity, color stability and consistency to produce stunning results when combined with HP's innovative media technology.
Industry standard for printing from camera phones at home
Also at PMA, home photo printing leaders HP, Epson and Canon announced the Mobile Imaging and Printing Consortium. The consortium will define industry standards for providing consumers with a simple and spontaneous experience when printing images taken with camera phones at home.
According to a recent report by Strategy Analytics, camera phones will account for 55 percent of global handset sales in 2008, up from 15 percent in 2003.(4) The increasing number of camera phones being sold directly correlates to a rise in the number of photos taken and HP is making every effort to streamline the printing of these photos at home.
More information regarding HP at PMA is available in an online press kit at http://www.hp.com/go/pma2004.
HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing. For the fiscal year ending on Oct. 31, 2003, HP revenue totaled $73.1 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at http://www.hp.com.
(1) According to Wilhelm Imaging Research (see http://www.wilhelm-research.com for details). The reference to 115 years is to black and white print fade resistance in normal indoor display conditions, when used with the HP 59 gray photo inkjet print cartridge and HP Premium Plus Photo paper. Display Permanence Ratings are based on accelerated light stability tests conducted at 35 klux with glass-filtered cool white fluorescent illumination with the sample plane air temperature maintained at 24 C and 60% relative humidity. Data were extrapolated to display conditions of 450 lux for 12 hours per day using the Wilhelm Imaging Research, Inc. "Visually-Weighted Endpoint Criteria Set v3.0." and represent the years of display for easily noticeable fading, changes in color balance, and/or staining to occur.
(2) Actual prices may vary.
(3) Preliminary results from tests conducted by Wilhelm Imaging Research, Inc. indicate that prints made with HP No. 85 ink cartridges and HP Premium Plus Photo and Proofing Gloss paper may be displayed indoors under glass for approximately 70 years before noticeable fading and staining will occur (see http://www.wilhelm-research.com for details).
(4) Strategy Analytics, Camera Phones Outsell Digital Still Cameras in H1 2003 and Beyond, September 2003.
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 the Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2003, and reports filed after the form 10-K. HP assumes no obligation and does not intend to update these forward-looking statements.