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HP Announces Recipients of Fourth Annual HP Labs Innovation Research Awards

Global program of collaborative research aligned to company’s strategic focus areas

PALO ALTO, Calif. — (BUSINESS WIRE) — September 7, 2011 — HP (NYSE: HPQ) today announced it has selected 51 universities from around the world to receive awards as part of its fourth annual HP Labs Innovation Research Program (IRP).

The program creates opportunities for faculty and students at leading colleges, universities and research institutes worldwide to conduct breakthrough collaborative research with HP.

The awards offered through the IRP are intended to provide financial support for a graduate student to assist the principal investigator in conducting a collaborative research project with HP Labs, the company’s central research facility. Awards provide cash support for one year, typically in the range of $50,000 to $75,000, inclusive of overhead costs, and renewable up to a maximum of three years at HP’s discretion.

The IRP 2011 call for proposals attracted 626 submissions from 525 researchers at 239 universities in more than 30 countries. This year, a total of 62 projects at 51 universities received funding; approximately 50 percent are receiving funding for a second or third year. A full list of awardees, project titles and where they align to HP Labs’ research is available at http://www.hpl.hp.com/open_innovation/irp/2011_results.html.

The applicants for the 2011 IRP awards were invited to submit proposals that specifically aligned to HP’s strategic focus areas, such as cloud, information analytics and sustainability. Examples include:

“With the goal of inspiring some of the brightest minds from around the world, the HP Labs Innovation Research Program has seen researchers submit projects that firmly tie into areas that reflect our strategic focus, such as cloud, information analytics and sustainability,” said Prith Banerjee, senior vice president, Research, HP, and director, HP Labs. “The strength of the entries this year demonstrates the value of our investment in the ongoing partnerships we have with participating universities and also our commitment to driving forward the next generation of technologists and scientists.”

During the first three years of the program, HP funded 131 IRP projects, which in turn have generated more than 200 research papers and more than 35 patents and patent applications worldwide. Equally important, the program has helped to provide financial support and learning experiences for more than 200 post-graduate students.

As part of HP’s commitment to open innovation, the IRP facilitates the creation of collaborative research projects with top researchers and entrepreneurs in academia, government and businesses worldwide. Each of the IRP projects is aligned with HP Labs’ high-impact research themes, which in turn reflect HP’s strategy of providing seamless, secure, context-aware experiences for a connected world. Successful relationships created through the program allow HP to extend its research footprint, advancing the state of the art, and nurturing the new technologies that will be incorporated in future generations of HP’s products and services.

2011 HP Labs Innovation Research Program award winners by region

Americas

EMEA – Europe, Middle East and Africa

APJ – Asia Pacific and Japan

More information about HP Labs is available at www.hpl.hp.com.

About HP

HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world’s largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure at the convergence of the cloud and connectivity, creating seamless, secure, context-aware experiences for a connected world. More information about HP is available at http://www.hp.com.

© 2011 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.



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