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HP Appoints Peter Galanis as President and CEO of HP Canada

MISSISSAUGA, ONTARIO -- (MARKET WIRE) -- Mar 25, 2010 -- HP today announced that it has appointed Peter Galanis as president and chief executive officer of Hewlett-Packard (Canada) Co.

Galanis will be responsible for all aspects of HP operations in Canada, as well as business development initiatives, such as alliances and partnerships, to increase HP's presence in the country.

Galanis previously served as director of global accounts for HP's Manufacturing & Distribution Industries business in the central region. He was responsible for building HP's presence in these industries, as well as developing strong client relationships and sales teams. Galanis brings more than 18 years of IT industry and enterprise experience to his new role. He joined HP in 2006, after serving in various sales, channel and marketing positions at EMC, Xerox and Sun Microsystems.

"Peter has a remarkable track record of delivering exceptional and sustainable business results," said Thomas E. Hogan, executive vice president, Enterprise Sales, Marketing and Strategy, HP. "His leadership experience, deep enterprise knowledge and passion for clients make him the right leader to continue driving HP's growth and leadership position in Canada."

Paul Tsaparis, who has led HP Canada since 1998, will become vice president of technology support for HP Enterprise Business in the Americas region. Tsaparis will be responsible for driving growth of HP's technology support offerings in the Americas. He will report to Joe Bottazzi, vice president and general manager, Technology Services - Americas, HP.

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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 to solve customer problems. More information about HP (NYSE: HPQ) is available at http://www.hp.com.

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; any statements regarding 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 macroeconomic and geopolitical trends and events; the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected operational and financial results; and other risks that are described in HP's Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2010 and HP's other filings with the Securities and Exchange Commission, including but not limited to HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2009. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2010 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice.

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