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HP Named Wal-Mart Supplier of the Year

PALO ALTO, Calif., Feb. 13, 2008

HP today announced that it has been named a Wal-Mart supplier of the year for its role in helping the world’s largest retailer expand its printer and ink business and develop environmental initiatives. 

The 2007 Wal-Mart Supplier of the Year award was presented to HP in front of more than 2,000 Wal-Mart employees and suppliers at Wal-Mart’s annual Supplier Summit held Jan. 29 in Rogers, Ark.

“This award represents a lot of dedication by many HP organizations,” said Kristen Woods, sales director, U.S. Consumer Business, Wal-Mart and Sam’s Club, HP. “Wal-Mart is one of our most valued customers, and we’re proud to be able to bring our broad technology portfolio and leadership in environmental responsibility to help them better serve theirs.”

Over the course of 2007, Wal-Mart’s sales of HP printer and ink products grew at three times the rate of the industry, and profit in this segment doubled over the prior year.

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 www.hp.com.

© 2008 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.

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