HP Introduces New Compaq Presario Desktop and Notebook PC Lineup


Notebooks Integrate High-speed Wireless LAN Technology; Desktops Feature Fresh Designs, Rewritable Drives


PALO ALTO, Calif.--(BUSINESS WIRE)--March 31, 2003-- HP (NYSE: HPQ) today introduced a full line of Compaq Presario PCs, including the newly designed Compaq Presario S3000 series desktops and the Compaq Presario 2500 and 2100 series notebooks with integrated 54g wireless LAN technology.

The new notebooks provide higher data transfer speeds over longer distances than other wireless LAN technologies while providing backward compatibility to existing 802.11 standards, thus enabling mobile customers to significantly enhance their productivity from work, home or on the go.

The redesigned Compaq Presario S3000 series desktop PCs feature high-capacity hard drives and DVD or rewritable CD drives at affordable prices -- making them perfect for work, school or play.

"Our continued investment in the Compaq Presario brand -- including advanced wireless connectivity for Compaq Presario notebooks and digital recording capabilities in all Compaq Presario desktops -- reaffirms HP's commitment to providing consumers the latest technologies at great values," said Sam Szteinbaum, vice president and general manager, HP North America Consumer Computing.

New Compaq Presario Notebook PCs

Designed to work with new wireless networks based on the draft 802.11g specification as well as existing 802.11b wireless networks, the Compaq Presario 2500 series notebook PCs let customers take advantage of speeds up to almost five times faster (54 Mbps) than current 802.11b wireless networks.

Faster file sharing, a richer digital media experience or a more advanced head-to-head gaming experience are only a few of the benefits users can experience when operating in an 802.11g environment. This next-generation wireless technology is also more secure, supporting various security features including 128-bit WEP (wired equivalent privacy) encryption.

Delivering desktop-class performance, the Compaq Presario 2500 notebook PC features fast Intel(R) Pentium(R) 4 processors up to 2.8 GHz. The notebook is an ideal portable system for the home and home office user that requires exceptional performance with its up to 15-inch high-resolution TFT display, ATI Mobility Radeon integrated graphics, IEEE 1394 input and wireless connectivity.(1)

The Compaq Presario 2100 series notebook PCs offer advantages customers need for work, school or home use with a high level of performance for productivity or digital entertainment purposes. Sporting a sleek, attractive design in two-tone graphite and silver, the mobile notebook is 1.5-inches thin and weighs as light as 6.7 pounds.

The notebook includes up to a 15-inch display, ATI Mobility Radeon graphics and a full range of Intel Celeron(R) and Mobile Pentium 4-m processors. The notebook also offers double data rate (DDR) system memory configurations up to 1 GB and a Type I/II/III PC card slot that ensures expandability. Selected models also include an IEEE-1394 high-speed digital video port.(1)

Estimated U.S. pricing starts at $1,094 after $100 mail-in rebate for the Compaq Presario 2500 series with 54g and at $819 after $100 mail-in rebate for the Compaq Presario 2100 series with 54g.(2)

Both series can be customized with a full range of options. The products can be purchased through HP's "Built for You" kiosks located in participating retailers, through the Web at http://www.hpshopping.com or by phone at +1 800 888 0220.

Compaq Presario S3000 Series Desktop PCs

The Compaq Presario S3000 series -- which includes the S3000NX, S3100NX, S3200NX and S3300NX -- features a sleek new design that makes these PCs a stylish addition to any home, home office or den.

The Compaq Presario S3000NX is an affordable PC that gives consumers the power and speed to enhance productivity, conveniently burn their own music CD collection or quickly and easily surf the Web. At an estimated street price of $449 after a $50 mail-in rebate,(2) the Compaq Presario S3000NX features an AMD Athlon XP 2000+ processor to support daily computing tasks, 256-MB DDR memory, a 40-GB hard drive, a 48x CD-RW drive, 32-MB integrated graphics and an open AGP slot.(1) The S3000NX desktop PC is expected to be available in retail stores and on hpshopping.com beginning April 6.

The perfect tool to handle everything from music and games to school work and the household budget, the Compaq Presario S3100NX features an AMD Athlon XP 2200+ processor, 256-MB DDR memory, 32-MB integrated graphics, an 80-GB hard drive, open AGP slot, a CD-RW/DVD-ROM combo drive for recording digital music, watching DVD movies or backup and storage of home office or creative projects.(1) At an estimated U.S. street price of $539 after a $50 mail-in rebate,(2) the S3100NX desktop PC is available today in retail stores and on hpshopping.com.

For consumers demanding a powerful machine and fast performance at a competitive price, the Compaq Presario S3200NX features an AMD Athlon XP 2400+ processor, 256-MB DDR memory, a 48x CD-RW drive, a 16x DVD-ROM drive, 32-MB integrated graphics and an open AGP slot.(1) With a high-capacity 120-GB hard drive, this PC has ample room to download, create and save digital music, photo and video collections. At an estimated U.S. street price of $619 after a $50 mail-in rebate,(2) the S3200NX desktop PC is now available in retail stores and on hpshopping.com.

With a 128-MB NVIDIA GeForce4 MX440 graphics card, the Compaq Presario S3300NX provides advanced graphics performance for complex gaming and home office projects. The system features an AMD Athlon XP 2600+ processor, 512-MB DDR memory, ample storage with a 120-GB hard drive, a 48x CD-RW drive and a 16x DVD-ROM drive to replicate data CDs or listen to music, watch favorite DVD movies and for data backup and additional storage.(1) At an estimated U.S. street price of $769 after a $50 mail-in rebate,(2) the S3300NX desktop PC is expected to be available in retail stores and on hpshopping.com beginning April 6.

All Compaq Presario S3000 series PCs include the Norton Anti-Virus software solution with 60 days of free updates to virus definitions,(3) Microsoft(R) Windows(R) XP Home with Microsoft Works, a Compaq keyboard, a PS/2 scroller mouse, front- and rear-access USB 2.0 ports, a 10/100 Base-T LAN interface and a 56k V.90 modem.

Additionally, the Compaq Presario S3000 line features Compaq Instant Support, an Internet-based problem-solving tool that empowers consumers to quickly and easily solve many PC issues and obtain answers in real time. The Instant Support offering is based on technology from intelligent service software provider, Motive Communications, Inc.

HP's easy-to-access service and support for Compaq Presario PCs is available 24x7 via phone or online in English or Spanish. More information is available at http://www.hp.com/support.

About HP

HP is a leading global provider of products, technologies, solutions and services to consumers and businesses. The company's offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing. HP completed its acquisition of Compaq Computer Corporation on May 3, 2002. More information about HP is available at http://www.hp.com.

(1) Processing speeds, storage capacity and memory capacity as represented by component supplier.

(2) Actual prices may vary.

(3) A paid subscription for updates to virus definitions is required after the 60-day trial period expires.

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the possibility that the market for the sale of certain products and services may not develop as expected; that development and performance of these products and services may not proceed as planned; and other risks that are described from time to time in HP's Securities and Exchange Commission reports, including but not limited to HP's annual report on Form 10-K for the year ended October 31, 2002, as filed with the Securities and Exchange Commission on January 21, 2003, and subsequently filed reports. If any of these risks or uncertainties materializes or any of these assumptions proves incorrect, HP's results could differ materially from HP's expectations in these statements. HP assumes no obligation to update these forward-looking statements.

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