ADVISORY/HP Media Conference Call to Discuss HP-Compaq Technology Synergies.

Business Editors and High Tech Writers

ADVISORY...for Wednesday (March 13)

--(BUSINESS WIRE)

What: Hewlett-Packard Company (NYSE:HWP) Senior Vice President of Research and Director of HP Labs Dick Lampman and Compaq (NYSE:CPQ) Chief Technology Officer Shane Robison will host a media conference call to describe the technology benefits of the HP-Compaq merger.

The call will address technology synergies in key areas such as industry-standard servers, power grid computing, high-availability computing, mobile services for nomadic users, data center utility solutions to enable computing on demand and storage technologies.

The combined company plans to invest an estimated $4 billion in research and development and add four Compaq research labs to HP's seven labs, enhancing HP's reputation as one of the world's leading corporate research facilities. In its fiscal year 2001, HP filed 5,000 patent applications worldwide, up 67 percent from the prior year. With nearly 1,000 patents from the U.S. Patent and Trademark Office in 2001, HP is on pace to break into the top 10 list of U.S. patentees by next year.

When: Wednesday, March 13, at 1:30 p.m. EST/10:30 a.m. PST 

Conference Call Number: [phone]. It is recommended that you call in 10 to 15 minutes early as lines may need to be redirected. All callers will be connected.

Replay: A replay of the conference call will be available at 12:30 p.m. Pacific on March 13 through 5 p.m. Pacific on March 15.

The replay number is [phone] for domestic callers and [phone] for international callers. The reservation number is 20444412.