Press Release:

HP Canada Announces HP Biztown — A Feature-rich Web Portal for Small- and Medium-sized Businesses

Service Includes a Range of Online Resources to Make the Web Work for Businesses

Hewlett-Packard (Canada) Ltd. today announced the launch of HP Biztown, a multi-faceted Web portal for small- and medium-sized businesses (SMBs). Located at, the service will expand with the burgeoning SMB market, which in Canada accounts for more than 98 percent of businesses and nearly half of all employment, according to IDC Canada(1).

Key to HP Biztown's growth will be the creation of the HP Biztown Advisory Council. During the next four months, the site will seek applications from forward-thinking SMB owners and directors from across Canada who wish to join and play an active role in the Advisory Council. Incorporating the collaborative features within HP Biztown and the flexibility of Internet communication and Web-based meetings, the Advisory Council plans to provide members the opportunity to work with business leaders and HP in ongoing efforts to develop meaningful and relevant ideas and to shape decisions for the SMB market.

"To remain competitive, companies must have easy access to a range of business and technology resources," said Jo Allan, small business development manager, HP Canada . "HP Biztown addresses this need and couples it with the opportunity to be part of a connected, collaborative community. HP Biztown helps make the Web work for Canadian SMBs."

A key feature of HP Biztown is its gateway to an open business network -- developed in partnership with e-business software vendor Venngo. The HP Biztown gateway facilitates real-time collaboration between growing businesses. The gateway functions as an online resource centre through which companies can attract new business, promote services and benefit through partnering and alliances. After creating their individual profiles, HP Biztown members simply set their own customized filtering and search parameters and then receive only the information relevant to their specific needs.

Members of HP Biztown also can promote their companies to the growing business network that includes professional associations, universities and other groups that support SMBs and entrepreneurs in Canada. In addition, members can refer to "Ask an Expert" for qualified advice from an extensive roster of leaders and HP business partner resellers, who can offer advice on a range of subjects, including technology, accounting, law and marketing.

"Today's announcement is just the beginning for HP Biztown," stated Allan. "The next phase will be implemented in conjunction with input from the Advisory Council and powered by HP's e-business strategies. The vision of HP Biztown is to propel it to the forefront of competitive market services."

About HP Canada

HP Canada has more than 1,500 employees at 19 locations across Canada. Its revenue in fiscal 2000 was $1.8 billion (Canadian).

About HP

Hewlett-Packard Company -- a leading global provider of computing and imaging solutions and services -- is focused on making technology and its benefits accessible to individuals and businesses through simple appliances, useful e-services and an Internet infrastructure that's always on.

HP had total revenue from continuing operations of $48.8 billion in its 2000 fiscal year. Information about HP and its products can be found on the World Wide Web at

(1) IDC Canada, "IDC Canada Small Business Intelligence: Examining the IT Engine of Small Business," October 2000.

Information in this release applies specifically to services and products available in Canada. Product availability and specifications may vary in other markets.

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 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 the annual report on Form 10-K for the year ended Oct. 31, 2000, 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 does not intend to update these forward-looking statements.

About HP

HP Inc. creates technology that makes life better for everyone, everywhere. Through our portfolio of printers, PCs, mobile devices, solutions, and services, we engineer experiences that amaze. More information about HP Inc. is available at