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HP Launches Faster HP Inkjet Web Press, Plus a Host of Additional Digital Print Systems at Graph Expo

Print Professionals Can Gain Profit Advantages with Capabilities of New HP Digital Printing Solutions

CHICAGO — (BUSINESS WIRE) — October 4, 2010 — HP (NYSE: HPQ) today introduced the HP T350 Color Inkjet Web Press, which is capable of printing nearly 4,000 letter-size pages per minute, and a multitude of HP Designjet, Indigo, Scitex and Specialty Printing Systems solutions at the Graph Expo 2010 tradeshow.

HP also reported that its customers have printed significantly more pages this year as they accelerate their shift to digital technology for greater flexibility, more customization, superior quality and reduced cost. Collective page volumes for the high-end HP Indigo 7000 series of presses, for example, grew 90 percent year over year for the first three quarters of 2010, compared to the same time period in 2009.(1)

“The fact that our customers’ digital color print business continues to grow – while the overall volumes are flat or down – reflects that print service providers are realizing the benefits of HP’s digital printing solutions,” said Christopher Morgan, senior vice president, Graphics Solutions Business, HP. “People are printing smarter, with targeted, high-quality output printed on demand with less waste, more streamlined supply chain processes and a reduced environmental impact.”

HP’s new solutions, which improve productivity, profit potential and opportunity for print service providers (PSPs), include:

Greater productivity in production printing with the HP T350 Color Inkjet Web Press

With a speed that exceeds the HP T300’s, the new HP T350 Color Inkjet Web Press extends an up to 1,200 x 600 dots per inch (dpi) native resolution HP Inkjet Web Press product line that also includes the 30-inch-wide HP T300 and the 20.5-inch-wide, single-engine, duplex HP T200.

Expected to be available in the second half of 2011, the HP T350 features a new writing system and improved data processing workflow. HP is presenting details on the HP T350 in its booth at Graph Expo. O’Neil Data Systems, based in Los Angeles, has the world’s first HP T350 beta unit. The company also currently operates the first HP T200 Color Inkjet Web Press beta unit.

“O’Neil’s expanding business is directly linked to the success of the HP T300 inkjet press,” said James Lucanish, president, O’Neil Data Systems. “With the new T350 web press, productivity has increased from 400 feet per minute to 600 feet per minute with the usual HP color quality.

“We’ve added to our portfolio the T200, which will also be used to increase our capacity. O’Neil is excited with the portfolio of products that HP has supplied to us. We continue to see the quality of color and productivity that sets them apart from the competition.”

HP is providing updates at Graph Expo on its progress in creating a new magnetic ink character recognition (MICR) production solution for HP Inkjet Web Presses. Currently in the development and testing process, the HP MICR solution will be based on a new print bar that will insert into existing expansion slots on all HP Inkjet Web presses.

HP also has completed several media advancements. Appleton Coated’s line of Utopia Inkjet papers, which HP and Appleton Coated codeveloped to allow for high-quality, high-speed inkjet production, are now commercially available. HP also is collaborating with Sappi Fine Paper Europe for the development of new coated papers for European HP Inkjet Web Press customers.

High-value digital color pages grow with new HP Indigo solutions

The launch of the highly automated HP Indigo 7500 Digital Press in May highlights the industry’s digital page growth trend.

Making its first appearance at a North American tradeshow, the HP Indigo 7500 elevates the quality, reliability and productivity of sheetfed digital printing. PSPs use the HP Indigo 7500 to offer customers efficient, offset-quality printing on jobs normally produced on midsize sheetfed offset presses, as well as high-value variable-data jobs requiring digital print capabilities.

The HP Indigo 7500 includes the new Vision System, an integrated module that enables scanning of press output at full press speed. Developed in conjunction with HP Labs, the company’s central research arm, the Vision System automates a number of the press calibration and service tasks that operators typically must perform, reducing downtime and improving print quality. Future enhancements for the Vision System will allow for real-time monitoring and color correction across the printed sheet, as well as optional, real-time data inspection for variable fields.

“The HP Indigo 7500 makes us more productive and more competitive – our operators run it more than the other six HP Indigo presses we own,” said Chris Nunez, director of Digital Printing for Grandville (Mich.) Printing Company, a company that uses the HP Indigo 7500 to print auto manuals for one of the world’s best-known luxury car brands.

HP also has introduced a progressive finishing solution that eliminates manual intervention, lowers production costs, improves turnaround time and enhances document integrity. Using a new Universal Finishing Interface (UFI), the HP Indigo 7500 Digital Press can work in automated print-and-finish workflows.

The press’ streamlined production capabilities include the new Lasermax Roll Systems PageReady, an automatic cutter/slitter/merger/stacker option that can serve as an in-line connection to finishing modules from other manufacturers.

Many HP Indigo 7500 model features will be available as field upgrades for HP Indigo 7000 users.

HP offers flexible financing solutions for customers deploying the latest HP digital printing technology through HP Financial Services, the company’s leasing and life cycle asset management services division. An HP Financial Services representative is onsite in the HP booth during Graph Expo to provide details of applicable offers. Information also is available at www.hp.com/hpfinancialservices.

More information about HP digital printing solutions is available in an online press kit at www.hp.com/go/graphexpo2010, at www.hp.com/go/GSB and through the HP Graphic Arts Twitter feed.

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

(1) HP internal data.

(2) Based on published manufacturer specifications as of June 2010.

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 July 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. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.


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