Press Release:

HP First to Ship 5th Generation DDS Tape Drive

DDS is a format for storing and backing up computer data on tape. Fifth-generation DDS technology preserves customer investments while increasing storage capacity over previous generations.

"HP has shipped more than 7 million DDS drives, and we understand that our customers want reliability, ease of use, investment protection and the lowest cost of ownership," said Frank Harbist, vice president of nearline, HP Network Storage Solutions. "HP StorageWorks DAT 72 represents a natural evolution in technology and is an easy choice for customers. With HP StorageWorks devices, customers benefit from our combined drive and media expertise, single sourcing and HP's rigorous, 'real-life' media reliability testing."

"HP StorageWorks DAT 72 tape drive will leverage the significant installed base of DDS tape users," said Robert Amatruda, senior analyst, IDC. "Additionally, HP StorageWorks DAT 72 will provide server and system OEMs with a critical extension to their DDS portfolios."

Available today, the HP StorageWorks DAT 72 tape drive and data cartridge support capacities up to 72 GB and deliver up to a 6-MB/sec. transfer rate with 2:1 compression. In addition, the HP StorageWorks DAT 72 data cartridge has a distinctive blue cartridge shell for ease of use in mixed media environments. HP's exhaustive "real life" media testing program exceeds the industry standards adhered to by other media brands, assuring customers that their data is safe with DAT 72.

In March, HP and other potential and existing format, drive and media manufacturers met to re-establish the process of getting interested parties together for presentations on the digital audio tape (DAT) licensing process, media interchange and media verification. The companies also discussed defining a roadmap that would meet customer needs for DDS and DAT format technology-based backup products in the future. Information around the DAT standard and future roadmap is available on the DAT Web site at

According to IDC, DDS tape technology represented approximately 85 percent of the worldwide Low End tape drive unit shipments in 2002.(1)

About HP

HP is a leading global provider of products, technologies, solutions and services to consumers and businesses. The company's offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing. HP completed its acquisition of Compaq Computer Corporation on May 3, 2002. More information about HP is available at

(1) IDC defines the Low End tape drive market segment including DDS, AIT-1, VS 80, SLR 50-100 as well as VXA-1 and VXA-2.

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 HP's quarterly report on Form 10-Q for the quarter ended January 31, 2003, and subsequently filed reports. If any of these risks or uncertainties materializes or any of these assumptions proves incorrect, HP's results could differ materially from HP's expectations in these statements. HP assumes no obligation to update these forward-looking statements.

About HP

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