HP Unveils Its Broadest Range Of Pocket PCs Ever

HP UNVEILS ITS BROADEST RANGE OF POCKET PCs EVER
LINE INCLUDES INDUSTRY'S SMALLEST DUAL SLOT HP iPAQ POCKET PC

NEW ZEALAND, June 27, 2003 - HP, number one in Asia Pacific for PDA shipments in the first calendar quarter of 2003(1), today expanded the award-winning HP iPAQ Pocket PC product line to offer customers a full range of handheld computing options. The new models include the HP iPAQ Pocket PC h2210, the smallest dual slot pocket PC; the h1930 and h1940, slim, value-priced Pocket PCs; and the h5550 power machine, the first Pocket PC to include 128-MB of RAM and biometrics security.

HP's new range includes common features such as a brilliant and vivid transflective display, a secure digital input/output (SDIO) expansion slot allowing for additional storage and capability, removable batteries, mobile printing software, and the company's exclusive iPAQ Image Viewer for viewing images and creating slide shows. Integrated Bluetooth(tm) wireless capability is offered across virtually the entire HP iPAQ Pocket PC family announced today(2), allowing connectivity to Bluetooth notebook PCs, printers and accessories, as well as access to remote data when combined with a Bluetooth enabled phone.(3) Bluetooth enables users to effortlessly synchronize and share data through their own personal area networks.

Mobile printing software shipping with the new models, allows customers to take advantage of the integrated Bluetooth capability to wirelessly print e-mail attachments, documents or photos conveniently from the Pocket PC to a Bluetooth enabled HP printer.

The HP iPAQ Pocket PC's innovative screen technology continues in the new models. The transflective liquid crystal display combines the rich color saturation and high contrast of a backlit TFT display, while remaining viewable outdoors in bright sunlight. All of these models are powered by Microsoft Windows(r) Mobile 2003 software for Pocket PC.

"By creating feature-rich handhelds for every need and every budget, HP continues to drive industry-leading innovation with industry-leading value," said Simon Molloy, market development manager, commercial notebooks and handhelds, HP Personal Systems Group New Zealand. "The combination of wireless connectivity and expandability across the HP iPAQ Pocket PC product line empowers our customers to be more productive at home, at work or on the go." "Windows Mobile 2003 software for Pocket PCs includes enhancements in wireless connectivity, media and imaging functionality." said Jay Templeton, Windows Marketing Manager at Microsoft New Zealand.

HP iPAQ Pocket PC h2210 - the Smallest Dual Slot Pocket PC Designed for the mobile professional, the HP iPAQ h2210 is the smallest Pocket PC on the market to include dual slot expansion (Compact Flash Type II and Secure Digital). This offers customers the ability to increase data storage, play more music and view more photos while extending the capability of the device based on the card that best fits their needs. The h2210's small, sleek design includes integrated Bluetooth wireless capability, enabling wireless synchronization and data sharing through a personal area network.

Also included in the h2210 is the Nevo universal remote control software, allowing users to control all their home and office audio and video equipment with a single device.

The device comes with 64 MB of RAM (56 MB of main memory) and the 400-MHz Intel(r) X-Scale PXA255 applications processor for accelerated multimedia and security. A slipcase and desktop cradle with an extra battery slot for charging is included with the device, and a variety of optional accessories are available including extra styli, a spare lithium-ion battery, auto adapter and a variety of cases. The suggested New Zealand retail price is $751.(4)

Slim and Affordable HP iPAQ Pocket PC h1930 and h1940 The HP iPAQ Pocket PC h1930 and h1940 offer consumers and mobile professionals integrated expansion and wireless connectivity at an entry level price.

Building on the success of the h1910, the h1930 and h1940 have a similar slim and sleek design and include a dazzling color display and SDIO. The h1940 features integrated Bluetooth wireless capability. Both models weigh a mere 4.37 ounces (124 grams) and easily slip into a shirt pocket or purse.

The SDIO expansion slot allows customers to do even more with the HP iPAQ Pocket PC by adding not only memory cards but also wireless cards, digital cameras and other features in the future.

These models include 64 MB of RAM (56 MB of main memory) and the Samsung S3C2410 processor (203-MHz and 266-MHz processor for h1930 and h1940 respectively). A synchronization cable is included with the device, and a variety of optional accessories are available including a USB cradle with an extra battery slot for charging, extra styli, a spare lithium-ion battery, auto adapter and a variety of cases. The suggested New Zealand retail pricing is $556 and $618 for h1930 and h1940 respectively.(4) Versatile and Expandable HP iPAQ Pocket PC h5550 The HP iPAQ Pocket PC h5550 offers small- and medium-sized businesses and enterprise customers a powerful and expandable option for their handheld computing needs. Building on the success of the h5450 model introduced in 2002, the h5550 offers a stable platform that allows customers to get more from their HP iPAQ Pocket PC by adding expansion packs with additional capabilities. The model includes a removable slim battery (1250mAh) and integrated Bluetooth capability.

The h5550 is the first Pocket PC to include an unparalleled 128 MB of RAM as well as integrated biometrics security and wireless LAN network access(3) (802.11b). This model also includes up to 17 MB of iPAQ File Store (non-volatile flash storage). The suggested New Zealand retail price is $1,329.(4)

Through wireless LAN networks, the h5550 allows access to information when connected to a corporate network or wireless "hotspot," making it an ideal component of any mobile business solution. When combined with a Bluetooth enabled phone, this allows access to remote data while waiting for a flight, meeting with customers or sitting in a hotel.

A thermal biometric fingerprint reader on the h5550 helps to ensure that critical data is protected from unauthorized access by authenticating the owner's unique fingerprint, which can then be combined with a personal identification number, password or both.

The h5550 also incorporates a wide range of applications such as the iPAQ Backup utility and iPAQ Task Manager. It features a 400-MHz Intel X-Scale PXA255 processor for accelerated multimedia and security. A desktop cradle and holster case is included with the device, and a variety of optional accessories are available including slim and extended removable batteries, extra styli, auto adapter and a variety of cases.

To further expand the capabilities of the HP iPAQ Pocket PC, various solutions and tools are available at the HP iPAQ Pocket PC Solutions Catalog Web site, http://www.hp.com/go/ipaqsolutions, and HP's matrix listing compatible third-party Bluetooth products, www.compaq.com/products/wireless/wpan/btcompmatrix.html. Availability The HP iPAQ Pocket PCs will be available in New Zealand from July 2003 onwards. Pocket PC 2003 upgrade information Existing HP iPAQ Pocket PC customers have the opportunity to purchase the Windows Mobile 2003 software for Pocket PC upgrade. Terms and conditions apply. Please visit the following website for details. http://www.hp.co.nz/ppc2003

About HP HP delivers vital technology for business and life. The company's solutions span IT infrastructure, personal computing and access devices, global services and imaging and printing for consumers, enterprises and small and medium business. For the last four quarters, HP revenue totaled $70.4 billion. More information about HP is available at http://www.hp.com. ### (1) Source: Gartner AP PDA Market, 1Q 2003 (May 2003) (2) All models except the h1930 include Bluetooth wireless capability. (3) A standard WLAN infrastructure, other Bluetooth enabled devices, optional accessories and a service contract with a wireless airtime provider may be required for wireless communication and may incur an additional charge. Wireless Internet use requires a separately purchased service contract with an Internet service provider. Check with service provider for fees, availability and coverage in your area. Not all Web content available. (4) New Zealand suggested retail price ex GST. Actual prices may vary. Microsoft and Windows are U.S. registered trademarks of Microsoft Corp. Intel is a U.S. registered trademark of Intel Corp.

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 reprot 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.

ENDS

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