Compaq Offers Back-to-School Presario Internet PC Three-Piece Bundle for Less Than $300; Promotions, Price Reductions, Rebates Combine for Incredible Savings.HOUSTON--(BUSINESS WIRE)--July 21, 1999-- Just in time for back-to-school, Compaq Computer Corporation (company) Compaq Computer Corporation - The largest US manufacturer and vendor of IBM PC compatible personal computers and servers. Compaq was started in 1982 by three ex-Texas Instruments employees. Quarterly sales $2499M, profits $210M (Aug 1994). http://compaq.com/. (NYSE NYSE See: New York Stock Exchange :CPQ CPQ Compaq CPQ Conseil du Patronat du Québec (Canada) CPQ Configure-Price-Quote CPQ Conseil de Presse du Québec (Québec Press Council, Canada) CPQ Companion Parrot Quarterly ) today announced sweeping price reductions, Compaq (Compaq Computer Corporation, Houston, TX, www.compaq.com) Compaq was the leading PC manufacturer when it was acquired by HP in 2002. Founded in 1982 by Rod Canion, Jim Harris and Bill Murto, one year later the company shipped 53,000 PC-compatible COMPAQ Portables, resulting in $111 product bundle rebates, and a $400 mail-in Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the service rebate rebate, partial refund of the total price paid for goods or services. In the United States, rebates were historically given by railroads to favored shippers as a return on transportation charges. from CompuServe An online information service that provides access to the Internet, e-mail, instant messaging and an integrated contact list. Founded in 1969 as a timesharing service, CompuServe is one of the oldest online services, being the first to offer e-mail in 1979 and online chat a year later. for Presario customers. Beginning July July: see month. 25, consumers can purchase a three-piece Presario Internet PC See network computer and Internet appliance. bundle (printer, monitor, PC) at a remarkably low net price of $299 after rebates(1). In addition, stand-alone Presario Internet PCs, now start as low as $499(2) and include a host of robust features and free Internet access See how to access the Internet. . "With incredible value offerings and product selections, families and students can now get ready for back-to-school with Compaq products knowing they are getting the latest PC and Internet technologies at the best prices," said Ray Robidoux, Vice President, Sales and Marketing, U.S. Consumer, Compaq Computer Corporation. Price Reductions of up to $200 Compaq introduced price reductions of up to 20 percent on its latest Presario desktop models, offering consumers leading technologies at breakthrough value. For example, the Presario 5304, now priced at $499, includes 64MB of memory, 4.3GB(3) hard drive and a 56K ITU (International Telecommunication Union, Geneva, Switzerland, www.itu.ch) A telecommunications standards body that is under the auspices of the United Nations. Comprising more than 185 member countries, the ITU sets standards for global telecom networks. V.90 modem(4). The Presario 5714, now priced at $999, features an unprecedented array of the latest digital features. These include Home Phoneline See HomePNA. Networking for shared Internet access, a 1.5Mb Max Digital DSL/56K modem for ultra fast Internet access and a 10Mbps Ethernet Port A socket on a computer or network device for plugging in an Ethernet cable. See WAN port. , for adding a cable or DSL modem ADSL modem or DSL modem is a device used to connect a single computer or router to a DSL phone line, in order to use an ADSL service. The acronym NTBBA (network termination broad band adapter, network termination broad band access) is also common in various countries. for high-speed communications and Internet access. All PCs include a 100-hour free trial of Compaq.NET(5) or AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. (5), or free Internet access with NetZero(6), which provides consumers with savings that could add up to several hundred dollars. All PCs also include the Compaq Easy Access Internet Keyboard A computer keyboard that contains buttons for common Internet functions such as launching the Web browser and e-mail applications and controlling sound volume. for quick one-touch access to take them quickly and easily to favorite Web destinations. Internet Savings with Compaq and CompuServe "iSave" Compaq also announced today that it would participate in the "iSAVE" Internet Savings Rebate Promotion(7) with CompuServe. This promotion provides a limited-time $400 mail-in rebate from CompuServe to new Presario PC customers when they sign up for a three-year CompuServe 2000 Premier subscription at the monthly rate of $21.95 or full pre-payment of $790.20. Full rebate details are available at participating retailers. CompuServe 2000 Premier is backed by state-of-the-art technologies, including high-speed access, e-mail, CompuServe's integrated Contact List and Instant Messaging Exchanging text messages in real time between two or more people logged into a particular instant messaging (IM) service. Instant messaging is more interactive than e-mail because messages are sent immediately, whereas e-mail messages can be queued up in a mail server for seconds or , easy-to-use navigation, and includes a variety of special member values. "Going online is the number one reason people are purchasing PCs today," said Compaq's Robidoux. "By teaming with CompuServe on this rebate offer, we ensured that our Presario Internet PC owners will receive affordable and reliable service." The Compaq/CompuServe iSAVE Internet Savings Rebate is effective immediately and available for a limited time(8) to customers who purchase a new 1999 Presario desktop with a monitor or a Presario notebook. This offer may be combined with Compaq bundle rebates resulting in significant savings for consumers. Bundle Rebates Compaq is offering several bundle rebates: -0-
-- $200(9) rebate on the purchase of a Presario 5304, Compaq MV
monitor and Compaq printer
-- $75(10) rebate on the purchase of a Compaq MV monitor and
Presario PC
-- $150(11) three-piece bundle rebate for the purchase of a Presario
PC (except for 5304), Compaq MV monitor and Compaq printer.
-0- Combined Rebates and Promotions Add up to Significant Savings When customers combine today's price cuts, bundle rebates and mail-in rebate, it adds up to significant savings across a broad selection of products. For example: -0-
Model New MV 520 IJ 300 Bundled Less Less $400 Advertised
Low monitor printer Price Compaq Mail-in Price after
Price Bundle Rebate Rebates
Rebate through
CompuServe
5304 $499 $299 $99 $ 897 ($200) ($400) $299
5340 $699 $299 $99 $1,097 ($150) ($400) $549
5352 $999 $299 $99 $1,397 ($150) ($400) $849
5360 $799 $299 $99 $1,197 ($150) ($400) $649
5712 $1,199 $299 $99 $1,597 ($150) ($400) $1,049
5714 $999 $299 $99 $1,397 ($150) ($400) $849
5716 $1,399 $299 $99 $1,797 ($150) ($400) $1,249
5722 $1,899 $299 $99 $2,297 ($150) ($400) $1,749
5726 $1,699 $299 $99 $2,097 ($150) ($400) $1,549
-0- Company Background Compaq Computer Corporation, a Fortune Global 100 company, is the second largest computer company in the world and the largest global supplier of computer systems. Compaq develops and markets hardware, software, solutions, and services, including industry-leading enterprise computing Refers to information technology in the larger company. See enterprise data and enterprise networking. solutions, fault-tolerant business-critical solutions, enterprise and network storage products, commercial desktop and portable products and consumer PCs. The company is an industry leader in environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] programs and business practices. Compaq products are sold and supported in more than 100 countries through a network of authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: Compaq marketing partners. Customer support and information about Compaq and its products are available at http://www.compaq.com, or by calling 1-800-OK-COMPAQ. Product information and reseller An organization that sells hardware and software to the general public. Resellers purchase products from software publishers and hardware manufacturers. locations are available by calling 1-800-345-1518. -0-
Footnotes:
1. $299 reflects net amount for purchase of three-piece bundle -
Presario 5304, Compaq MV monitor and Compaq printer -after $200
mail-in rebate from Compaq and $400 iSave Internet saving mail-in
rebate from Compuserve is applied. Purchase of three-piece
Presario 5304 bundle must be made between 7/21/99 and 10/18/99.
2. All prices shown are estimated U.S. retail prices. Retailer
prices may vary.
3. For hard drive, GB = billion bytes.
4. ITU V.90 modems are designed only to allow faster downloads from
K56flex or V.90 compliant digital sources. Maximum achievable
download transmission rates are currently unknown, may not reach
56 Kbps, and will vary with line conditions.
5. With activation of 100-hour free trial of Compaq.NET or America
Online. The 100 free hours must be used within 30 days from
initial sign-up. Internet access does not include telephone
company charges, if any or applicable taxes. Any long distance
charges incurred will be the responsibility of the customer.
Please make sure your access number is local. A valid credit card
is required to initiate the service. Other conditions apply.
Compaq.NET offers unlimited Internet access starting at
$11.99/month based on a pre-paid 12-month service agreement. See
user Agreement for additional terms and conditions.
6. NetZero offer is valid in U.S. only. Free Internet access is
provided by NetZero to new subscribers in exchange for certain
personal information from the subscriber and an agreement by the
subscriber to view targeted Web advertising. Internet access does
not include local telephone company charges, if any, or
applicable taxes. Any long distance charges incurred will be the
responsibility of the customer. Please make sure your access
number is local. Other terms and conditions apply. See NetZero
Agreement for details.
7. $400 mail-in rebate from CompuServe with purchase of qualifying
Compaq Presario computer and monitor, or notebook, from 7/25/99
and 10/9/99 and contract commitment to a 3 year (36 month)
subscription for CompuServe 2000 Internet service at a monthly
rate of $21.95 or full pre-payment of $790.20. Models include:
Desktop, Micro- or Mini-tower PC purchased in combination with
any new Compaq MV, CV or FP series Monitor/Display. If customer
cancels account prior to 3-year term, they will be required to
pay a $50 cancellation fee plus a pro-rated portion of the $400
rebate.
8. November 15, 1999 is deadline for CompuServe account sign-up and
the rebate materials must be received by November 30, 1999.
9. $200 rebate provided when Presario 5304, Compaq MV monitor or
flat panel monitor and Compaq printer is purchased between
7/21/99 and 10/18/99.
10. $75 rebate provided when any Compaq Presario PC and any 15" or
larger Compaq Presario MV monitor or Flat Panel monitor is
purchased between 7/11/99 and 10/9/99.
11. $150 rebate provided when any Compaq Presario PC, Compaq Presario
MV monitor or Flat Panel monitor and any Compaq printer is
purchased between 7/11/99 and 10/9/99.
-0- Compaq, Registered U.S. Patent and Trademark Office. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies. |
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