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HP Taps Vignette CEO to Lead Software

PALO ALTO, Calif., Jan. 26, 2006

HP today announced that it has named Thomas Hogan, a 24-year veteran of the software industry, to lead the software business within the company's Technology Solutions Group (TSG).

Hogan will serve as senior vice president and will report to Ann Livermore, executive vice president of TSG.

Hogan, 46, joins HP after nearly five years at Vignette Corporation, an Austin, Texas-based software company specializing in enterprise content management. He joined Vignette as president and chief operating officer in 2001 and was made chief executive officer in 2002. Previous to Vignette, he spent two years as senior vice president of worldwide sales and operations at Siebel Systems and 17 years at IBM, where he held a variety of executive posts in sales, marketing and finance.

"Tom is a seasoned software leader with a strong business track record," said Livermore. "His deep domain expertise makes him an ideal leader for our software business and a great addition to the HP team."

About HP

HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, global services, business and home computing, and imaging and printing. For the four fiscal quarters ended Oct. 31, 2005, HP revenue totaled $86.7 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at http://www.hp.com.


This news release contains forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they ever materialize or prove incorrect, could cause the results of HP and its consolidated subsidiaries to differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including the expected development, performance or rankings of products or services; statements of expectation or belief; and any statement of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the development, performance and market acceptance of products and services and other risks that are described from time to time in HP's Securities and Exchange Commission reports, including but not limited to HP's Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2005 and other reports filed after such report. HP assumes no obligation and does not intend to update these forward-looking statements.

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