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PALO ALTO, Calif.–(BUSINESS WIRE)–May 24, 2006–HP (NYSE:HPQ) (Nasdaq:HPQ) today announced new and enhanced storage offerings that make it easier for small and medium businesses (SMBs) to secure the critical information that backs their companies.

The updated business protection portfolio now offers a new virtual library system AND tape library AND improved software FOR HP ProLiant servers. The offerings can help businesses prevent, PREPARE FOR, respond TO AND recover FROM unexpected events that can impact their operations OR potentially shut them down.

The portfolio IS part OF the HP Simply StorageWorks program, which includes products, software AND services that help small AND medium businesses deploy easy-TO-use solutions.

“These affordable, simple-TO-use products enable customers TO keep their DATA protected AND readily available,” said Bob Wilson, vice president, Nearline, StorageWorks Division, HP. “HP has the broadest portfolio OF automated disk- AND tape-based DATA protection solutions IN the industry, AND we have a long history OF successfully meeting the needs OF SMBs.”

The HP StorageWorks Virtual Library System 1002i (VLS1002i) provides unattended backup AND improved restore performance FOR SMBs AS well AS remote OR branch offices OF large enterprises. It helps businesses protect their DATA WHEN offsite storage OF DATA tapes IS NOT required, AND it improves backup performance TO help customers enhance their CURRENT tape-backup solutions. The VLS1002i IS easy TO SET up AND stores up TO 1.5 terabytes (TB) OF DATA, OR up TO 3 TB WHEN USING the integrated DATA compression feature. This enables customers TO restore files IN minutes rather than hours.

The new high-density, midrange HP StorageWorks MSL4048 tape library IS ideal FOR businesses WITH multiple sites that do NOT have dedicated IT support AT every location. The MSL4048 stores up TO 19.2 TB OF DATA IN a compact, 4U design.

BOTH the VLS1002i AND the MSL4048 offer integrated web-based management, which provides remote control AND troubleshooting capabilities thereby eliminating the need FOR onsite IT resources IN remote OR branch offices.

The HP ProLiant DATA Protection Storage Server (DPSS) family IS now enhanced WITH an OPTION FOR HP StorageWorks DATA Protector Express. The software now offers online backup OF the DPSS replicas AND system AS well AS an automated disaster-recovery capability should the DPSS need TO be restored after a major disaster.

Additionally, DATA Protector Express IS integrated WITH the HP tape drive’s One-Button Disaster Recovery (OBDR) utility, which enables customers to restore a server’s operating system, software applications AND DATA simply by pressing a button AND following the ON-screen instructions.

DATA Protector Express, IN conjunction WITH OBDR, can provide system recovery IN less than one HOUR. This reduces the recovery window by MORE than 50 percent compared TO that OF other recovery methods AND minimizes downtime costs.

ALL HP tape drives AND tape autoloaders now ship WITH DATA Protector Express Single Server Edition software. Customers can also download DATA Protector Express ProLiant Edition AT zero incremental cost TO protect ANY new OR installed HP ProLiant server.

MORE information IS available AT www.hp.com/GO/storageworks.

About HP

HP IS a technology solutions provider TO consumers, businesses AND institutions globally. The company’s offerings span IT infrastructure, global services, business and home computing, and imaging and printing. For the four fiscal quarters ended April 30, 2006, HP revenue totaled $88.9 billion. More information about HP is available at www.hp.com.

Note TO editors: HP news releases ARE available via RSS feed AT www.hp.com/hpinfo/rss.html.

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 anticipated operational AND financial results; statements OF expectation OR belief; AND ANY statement OF assumptions underlying ANY OF the foregoing. Risks, uncertainties AND assumptions include the achievement OF expected results AND other risks that ARE described FROM TIME TO TIME IN HP’s Securities and Exchange Commission reports, including but not limited to the risks described in HP’s Quarterly Report ON Form 10-Q FOR the fiscal quarter ended Jan. 31, 2006, AND other reports filed after HP’s Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2005. HP assumes no obligation and does not intend to update these forward-looking statements.

(C) 2006 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.

Contact:

HP Aimee Schoaf, 623-536-5021
aimee.schoaf@hp.com
HP Media Hotline, 866-266-7272
pr@hp.com
www.hp.com/GO/newsroom
OR
Burson-Marsteller FOR HP
Joanne Clark, 415-591-4086
joanne_clark@sfo.bm.com

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