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HP Offers Solutions Contributing to 1 Billion Tons of CO2 Emissions Reductions

PALO ALTO, Calif.—(BUSINESS WIRE)—June 19, 2008— HP (NYSE:HPQ) published a guide that identifies the potential to reduce carbon dioxide (CO2) emissions by using existing HP solutions.

HPs white paper, titled Low Carbon IT Solutions, further supports the company-wide HP Eco Solutions program.

Beyond documenting the efficiency of information technology (IT) solutions, the white paper helps customers identify those products and services that can help them transition to operate with a lower carbon footprint.

HP is committed to developing products and services that provide our customers with the opportunity for smarter growth, said Pierre Delforge, manager, Energy and Climate Strategy, HP. HP has identified eco solutions that provide countries, businesses and individuals with the tools to significantly reduce their climate impact.

HPs white paper builds upon the report developed by Dennis Pamlin, global policy advisor, WWF-Sweden, called The potential global CO2 reductions from ICT use: Identifying and assessing the opportunities to reduce the first billion tonnes of CO2. The report identifies 10 existing IT solutions that reduce CO2 emissions in areas including buildings, transportation networks and industrial production. With additional data and further analysis, particularly in the emerging economies, the ultimate potential of information and communication technologies (ICT) for curbing emissions can be further quantified.

Solutions described in HPs white paper include:

The Low Carbon IT Solutions white paper from HP is available at http://h41111.www4.hp.com/globalcitizenship/uk/en/pdf/ 1billiontonnessolutionsfinal.pdf. (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)

This guide to low carbon IT solutions by one of the worlds largest technology companies is welcomed and an important contribution in response to the urgent climate challenge, said Dennis Pamlin, global policy advisor, WWF-Sweden.

More information on the report, The potential global CO2 reductions from ICT use: Identifying and assessing the opportunities to reduce the first billion tonnes of CO2, is available at www.wwf.se/source.php?id=1183710. The executive summary is available at www.wwf.se/source.php?id=1183711. The report is the first in a series of three, which will be released this fall.

A comprehensive partnership

Over the past year, WWF-US and HP have worked together to develop a comprehensive approach to climate change that could serve as a model for early action. At its core is a commitment from HP to reduce the carbon footprint of its products and across its worldwide operations by a total of 6 million tonnes by 2010.

HP has also worked with WWF to identify emerging technologies that could help achieve broader carbon-reduction gains, such as high-quality videoconferencing. And, the company is supporting WWFs efforts to adapt some of the most important ecosystems on Earth to a warming climate. Currently, the focus is on expanding the partnership to include broader sustainability issues, such as sourcing of responsibly managed forest products for paper and packaging and addressing environmental impacts embedded in the supply chain.

HP and the environment

For decades HP has been an environmental leader, driving company stewardship through its holistic design for environment strategy. HP influences industry action through its long-standing commitment to maintain supply chain responsibility, sustain energy efficient operations, reduce its climate impact and offer product reuse and recycling options. HP also makes it easier for customers to recognize environmentally preferable features through HP Eco Solutions, a program that helps customers identify products and services designed with the environment in mind. More information is available at www.hp.com/environment.

About HP

HP focuses on simplifying technology experiences for all of its customers from individual consumers to the largest businesses. With a portfolio that spans printing, personal computing, software, services and IT infrastructure, HP is among the worlds largest IT companies, with revenue totaling $110.4 billion for the four fiscal quarters ended April 30, 2008. More information about HP is available at www.hp.com.

Note to editors: More news from HP, including links to RSS feeds, is available at www.hp.com/hpinfo/newsroom/.

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; 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 the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected results; and other risks that are described in HPs Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2008 and HPs other filings with the Securities and Exchange Commission, including but not limited to HPs Annual Report on Form 10-K for the fiscal year ended October 31, 2007. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2008 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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