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HP Appoints Neal Woods to Lead Worldwide Operations for Imaging and Printing Group

PALO ALTO, Calif., Jan. 11, 2008

HP today announced the appointment of Neal Woods as senior vice president of worldwide operations for the company's Imaging and Printing Group (IPG), effective Jan. 22.

Woods, 51, will be based in San Diego and have responsibility for driving IPG's global manufacturing, supply chain operations, worldwide planning and quality functions. He also will lead HP's worldwide Consumer Support, Global Logistics, Environmental and Strategic Supply organizations.

Woods comes to HP from Cisco, where he was most recently vice president of global manufacturing operations. In his seven years at Cisco, Woods led the company's global supply chain, 17 manufacturing sites and 15 logistics centers.

"Neal is a talented operational leader with deep, cross-functional supply chain experience," said Vyomesh Joshi, executive vice president, Imaging and Printing Group, HP. "His impressive track record of implementing systems and process improvements for multi-site, globally disbursed and outsourced supply chains will provide immediate value and perspective to our organization."

Woods replaces Mike Fawkes, who is retiring from HP after 29 years of service.

Woods holds a bachelor of science in electrical engineering from Kansas State University.

About HP

HP focuses on simplifying technology experiences for all of its customers - from individual consumers to the largest businesses. With a portfolio that spans printing, personal computing, software, services and IT infrastructure, HP is among the world's largest IT companies, with revenue totaling $104.3 billion for the four fiscal quarters ended Oct. 31, 2007. More information about HP (NYSE: HPQ) is available at http://www.hp.com.


This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could 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 but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected results; and other risks that are described in HP's filings with the Securities and Exchange Commission, including but not limited to HP's Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2007. HP assumes no obligation and does not intend to update these forward-looking statements.

2008 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. HP shall not be liable for technical or editorial errors or omissions contained herein.

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