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HP Introduces High-performance, Power-efficient Business Desktop PC and Affordable, Everyday Model

PALO ALTO, Calif., April 28, 2008

Extending its portfolio of reliable, energy-efficient desktop PCs for business, HP today introduced two models packed with smart ideas like built-in power management tools, which help customers reduce their energy consumption for lower operating costs and environmental impact.

The HP Compaq dc5850 Business Desktop PC blends performance and value by featuring, for example, high-end integrated graphics technology and standard support for dual monitors in an affordable, mainstream PC.

Sporting a modern design with glossy finishes and metal surfaces, the full-featured HP Compaq dx2450 Business Desktop PC is reliable and powerful enough to enable quick and efficient completion of daily tasks.

“HP provides customers smart technology ideas and always-there expertise to help them choose the desktops that best meet their business and user needs,” said Alan Reed, vice president and general manager, Personal Systems Group, HP. “The depth and breadth of HP’s product offerings are a testament to our commitment to provide technologies that solve our global customers’ pain points, from IT management and security, to power consumption and environmentally responsible disposal.”

Performance and energy efficiency

In addition to integrated ATI Radeon™ 3100 graphics with support for DirectX® 10 technology, the HP Compaq dc5850 Business Desktop PC offers standard support for RAID technology with data mirroring features to help minimize computing disruptions and protect critical business data.

These performance and productivity features are coupled with new AMD Cool’n’Quiet™ 2.0 technology, which enables independent frequency adjustments to each processor core for a quieter, more energy-efficient PC.

Along with high-end capabilities, the dc5850 supports next-generation AMD Business Class processors, including the AMD Phenom™ processor.(1) This option provides an excellent upgrade for power users who want multi-tasking and multi-threaded application performance.

“AMD is on the forefront of multi-core innovation, enabling high-end performance outputs with an energy-efficient approach,” said Greg White, corporate vice president, Desktop, AMD. “HP’s new line of desktop PCs demonstrates the company’s efforts to be one of the first to market with systems that incorporate the industry’s latest, most innovative technologies. By including AMD Business Class processors with HP’s power management tools, HP is able to extend the range of its high-performance products so customers can save energy and lower IT costs without compromising performance.”

In line with HP’s corporate-wide commitment to green computing, the dc5850 is ENERGY STAR® 4.0 qualified and Electronic Product Environmental Assessment Tool (EPEAT™) Gold registered.

Energy-conscious businesses can further reduce their power consumption by opting for features such as HP Power Manager and Verdiem SURVEYOR.(2) HP’s Power Manager takes enterprise-wide power management one step further by promoting energy-efficient habits for individual users, allowing them to choose the optimal mix of performance and conservation to proactively manage and reduce their PCs’ energy usage and environmental impact.

The dc5850 also features access to HP Client Manager, which offers a variety of manageability options that help streamline PC management. Client Manager also helps protect physical assets and critical business data with security features like the embedded TPM 1.2 security chip and HP Backup and Recovery Manager. The dc5850 also will be available with the optional HP ProtectTools Security Software Suite, which includes Credential Manager, Drive Encryption and Device Access Manager.

With at least 12 months of lifecycle stability, the dc5850 allows IT managers to purchase systems with the confidence that they will last longer and provide the computing power necessary to run feature-rich applications today and more complex offerings in the future.

Business-class PC with modern design and functionality

Targeted at business users with everyday computing needs, the HP Compaq dx2450 Business Desktop PC dx2450 delivers reliable technology and functionality at an affordable price. It makes previously high-end features, such as NVIDIA and ATI graphics cards and memory expansion capabilities, compatible with everyday computing environments.

Customers also can take advantage of optional pre-installed business applications and other HP approved and tested options to maximize the performance of their PCs right out of the box.

Pricing and availability

The HP Compaq dc5850 Business Desktop PC is expected to be available worldwide on May 5 at a starting U.S. list price of $599.(3) The HP Compaq dx2450 is available in North America today for a starting U.S. list price of $369.(3)

More information about HP’s desktop offerings is available at www.hp.com/go/desktops.

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 $107.7 billion for the four fiscal quarters ended Jan. 31, 2008. More information about HP (NYSE: HPQ) is available at http://www.hp.com.

(1) This system requires a separately purchased 64-bit operating system and 64-bit software products to take advantage of the 64-bit processing capabilities of AMD technology. Dual/quad/triple-core processing available with AMD technology is designed to improve performance of this system. Given the wide range of software applications available, performance of a system including a 64-bit operating system and a dual-core processor will vary.

(2) Verdiem SURVEYOR licenses must be purchased separately and are available as a third-party option from HP.

(3) Estimated U.S. street prices. Actual prices may vary.

AMD and AMD Phenom are trademarks or registered trademarks of Advanced Micro Devices, Inc. in the United States and/or other jurisdictions. Microsoft and Windows Vista are registered trademarks of Microsoft Corp. in the United States and/or other countries. Energy Star is a U.S. registered mark of the United States Environmental Protection Agency.

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 Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2008 and HP’s other 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 October 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. 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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