Press Release: July 20, 2010

HP Appoints New Senior Leader in Enterprise Business

PALO ALTO, Calif. -- HP today announced the appointment of Mark Angelino as senior vice president of Global Distribution for HP Enterprise Business, effective immediately.

Angelino will be responsible for managing HP’s relationships with independent software vendors, system integrators, managed services providers, business advisory firms, network service providers and channel partners for HP Enterprise Business. HP Enterprise Business is the roughly $54 billion unit of HP that includes the company’s industry-leading portfolio of servers, storage, networking, software and services.

Angelino will report directly to Thomas E. Hogan, executive vice president of Sales, Marketing and Strategy for HP Enterprise Business.

Angelino is a 30-year veteran of the IT industry and joins HP from, where he was the executive vice president of Customer Success. While at he was responsible for the successful adoption of the company’s sales, call center and platform services in North America.

Prior to that, Angelino held several senior positions at Sprint Nextel, including president of Sales and Distribution as well as president of Sprint Business Solutions. He also had a long and distinguished career at IBM, holding leadership positions in finance, marketing and sales management.

“Our partners are a foundational element in our pursuit of best-in-class loyalty and market leadership,” said Hogan. “Mark’s wealth of experience in cloud computing and the communications industry, and his proven sales leadership at scale, will help ensure HP is fully leveraging the reach, expertise and influence of our valued partners. We are thrilled to add him to our HP leadership team.”

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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; any statements regarding 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 macroeconomic and geopolitical trends and events; the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected operational and financial results; and other risks that are described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2010 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, 2009. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2010 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.

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