HP Helps Small and Midsize Businesses Save Time and Money
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HP Helps Small and Midsize Businesses Save Time and Money

PALO ALTO, Calif. — (BUSINESS WIRE) — May 28, 2009 HP (NYSE: HPQ) today expanded its Total Care initiative for small and midsize businesses (SMBs) with several new products, solutions and services that reduce costs, improve productivity and enhance efficiency.(1)

To help SMB customers keep their businesses up and running with less capital and fewer employees and technology resources, HP has introduced infrastructure offerings including storage, virtualization, remote access and consolidation solutions.

“In today’s economic climate, SMBs need technology solutions that take out costs while helping drive even greater competitive advantage so they can survive and thrive,” said Kathy Chou, vice president, Worldwide Small and Medium Business Strategy, HP. “Through our Total Care initiative, HP is helping customers achieve their business goals.”

Customers can better manage data growth while reducing the complexity and costs of storage through:

“AMI has surveyed thousands of SMBs over the past 10 months and the results show that to survive in this economy, taking costs out of their business and improving data management are high on their agendas,” said Anil Miglani, senior vice president of strategy consulting firm AMI Partners. “SMBs need products and solutions designed from the ground up to help them meet these goals while also focusing on growing their business. HP is well-positioned to help SMB customers thrive in this economy because of its comprehensive Total Care portfolio.”

To further help customers protect and grow their businesses, HP unveiled:

HP solutions deliver cost, energy and time savings

To help customers reduce costs, improve productivity and more efficiently manage data and operations, HP announced:

New printing solutions deliver professional-quality output at significant cost and energy savings versus competing laser printers:

As part of the HP Eco Solutions program, the three new printers are ENERGY STAR® qualified and use significantly less energy than competitive laser printers(7) based on several key environmental attributes listed on the HP Eco Highlights label.

HP also announced the new HP Scanjet N6350 Networked Flatbed Document Scanner ($899),(8) a simple-to-use, versatile page scanner with integrated networking expected to be available for purchase worldwide in June.

New collaborations and solutions drive growth

HP is providing value-added resellers (VARs) and channel partners with new revenue-generating opportunities by expanding its cloud computing services through agreements with Cobweb and Cast Iron.

Special financing

To help SMBs deploy their technology solutions while also conserving capital, HP Financial Services is offering flexible leasing and financing options. Recommendations from HP Financial Services on how SMBs can make the most of their technology budget are available in the white paper “ Leasing helps small, midsized companies s-t-r-e-t-c-h their IT investment dollars.”

Additional information about HP’s new offerings to help SMBs thrive in challenging times is available in an online press kit at www.hp.com/go/smallbusiness2009.

About HP

HP, the world’s largest technology company, simplifies the technology experience for consumers and businesses with a portfolio that spans printing, personal computing, software, services and IT infrastructure. More information about HP is available at http://www.hp.com/.

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

(1) HP defines SMB as companies with 1 to 999 employees.

(2) Microsoft Windows® Storage Server R2 datasheet.

(3) Based on internal HP testing.

(4) Serial-attached SCSI drives compared to 3.5-inch large form factor drives.

(5) Based on list price of comparable system with equivalent capacity and software features.

(6) “Supporting Branch Offices with Effective Technology in Challenging Times,” IDC, May 2009; sponsored by HP.

(7) Results are based on internal HP testing using the ENERGY STAR program’s Typical Electricity Consumption (TEC) method. Test data was extended to one year. Testing was on a single unit of each product. Individual product configuration will affect power consumption.

(8) U.S. estimated street price, actual prices may vary.

(9) Embedded networking available on the HP LaserJet Enterprise P3015dn and P3015x printer models only.

(10) HP Smart Template Printing is currently available in EMEA only and supports only network-enabled HP LaserJet devices with PCL5 drivers and permanent storage.

(11) Compared with the majority of color laser printers priced less than $300, June 2008; details are available at http://www.hp.com/go/officejet. Officejet ISO yield with highest-capacity cartridges based on continuous printing; additional information is available at http://www.hp.com/go/learnaboutsupplies. Energy use based on HP testing using the ENERGY STAR program’s TEC test method criteria.

(12) Compared to B-size inkjet printers and all-in-ones priced less than $299 from major vendors as of Q408. Excludes HP Officejet Pro products. Average based on ISO/IEC 24711 or HP testing methodology and continuous printing. Actual yield varies considerably based on content of printed pages and other factors. Details are available at http://www.hp.com/go/learnaboutsupplies.

(13) HD content required to view HD images.

ENERGY STAR is a U.S. registered mark of the United States Environmental Protection Agency. Microsoft and Windows are U.S. registered trademarks of Microsoft Corp.

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, 2009 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, 2008. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2009 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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