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HP Unveils Its Broadest Range of Handhelds Ever; Line Includes Industry's Smallest Dual Slot HP iPAQ Pocket PC


PALO ALTO, Calif., Jun 23, 2003 (BUSINESS WIRE) -- HP (NYSE:HPQ) today expanded
the award-winning HP iPAQ Pocket PC product line to offer customers a full range
of handheld computing options. New models include the HP iPAQ h2210, the
smallest dual slot pocket PC; the HP iPAQ Pocket PC h1940, a slim, value-priced
pocket PC; and the HP iPAQ h5150 and h5550, which include a 128-MB RAM power
machine.

HP iPAQ Pocket PCs, the No. 1 selling Pocket PC family worldwide,(1) include
common features such as a brilliant and vivid transflective display, a secure
digital input/output (SDIO) expansion slot allowing for additional storage and
capability, removable batteries, mobile printing software, and the company's
exclusive iPAQ Image Viewer for viewing images and creating slide shows.

Integrated Bluetooth(TM) wireless capability is offered across the entire iPAQ
Pocket PC family announced today, allowing connectivity to Bluetooth notebook
PCs, printers and accessories, as well as access to remote data when combined
with a Bluetooth enabled phone.(2) Bluetooth enables users to effortlessly
synchronize and share data through their own personal area networks.

Mobile printing software shipping with the new models allows customers to take
advantage of the integrated Bluetooth capability to wirelessly print e-mail
attachments, documents or photos conveniently from the Pocket PC to a Bluetooth
enabled HP printer.

The HP iPAQ Pocket PC's innovative screen technology continues in the new
models. The transflective liquid crystal display combines the rich color
saturation and high contrast of a backlit TFT display, while remaining viewable
outdoors in bright sunlight. All of these models are powered by Microsoft
Windows(R) Mobile 2003 software for Pocket PC.

"By creating feature-rich handhelds for every need and every budget, HP
continues to drive industry-leading innovation with industry-leading value,"
said Ted Clark, vice president handhelds, mobile computing group, HP Personal
Systems Group. "The combination of wireless connectivity and expandability
across the HP iPAQ Pocket PC product line empowers our customers to be more
productive at home, at work or on the go."

HP iPAQ h2210 -- the Smallest Dual Slot Pocket PC Available

Designed for the mobile professional, the HP iPAQ h2210 is the smallest Pocket
PC on the market to include dual slot expansion (Compact Flash Type II and
Secure Digital). This offers customers the ability to increase data storage,
play more music and view more photos while extending the capability of the
device based on the card that best fits their needs.

The h2210's small, sleek design includes integrated Bluetooth wireless
capability, enabling wireless synchronization and data sharing through a
personal area network.

Also included in the h2210 is the Nevo universal remote control software,
allowing users to control all their home and office audio and video equipment
with a single device.

The device comes with 64 MB of RAM (56 MB of main memory) and the 400-MHz
Intel(R) X-Scale PXA255 applications processor for accelerated multimedia and
security. A slipcase and desktop cradle with an extra battery slot for charging
is included with the device, and a variety of optional accessories are available
including extra styli, a spare lithium-ion battery, auto adapter and a variety
of cases. Its estimated street price is $399.(3)

Slim and Affordable HP iPAQ Pocket PC h1940

The iPAQ Pocket PC h1940 offers consumers and mobile professionals integrated
expansion and wireless connectivity at a low estimated price of $299.(3)

Building on the success of the h1910, the h1940 has a similar slim and sleek
design and includes a dazzling color display, SDIO and integrated Bluetooth
wireless capability. The h1940 weighs a mere 4.37 ounces and easily slips into a
shirt pocket or purse.

The SDIO expansion slot allows customers to do even more with the iPAQ Pocket PC
by adding not only memory cards but also wireless cards, digital cameras and
other features in the future.

The h1940 includes 64 MB of RAM (56 MB of main memory) and the Samsung S3C2410
processor (266-MHz processor). A synchronization cable is included with the
device, and a variety of optional accessories are available including a USB
cradle with an extra battery slot for charging, extra styli, a spare lithium-ion
battery, auto adapter and a variety of cases. Street price varies by country.
Estimated U.S. pricing for the h1940 is $299.(3)

Versatile and Expandable HP iPAQ Pocket PC h5150 and h5550

The HP iPAQ Pocket PC h5150 and h5550 offer small- and medium-sized businesses
and enterprise customers a powerful and expandable option for their handheld
computing needs.

Building on the success of the h5450 model introduced in 2002, the h5150 and
h5550 offer a stable platform that allows customers to get more from their iPAQ
Pocket PC by adding expansion packs with additional capabilities. Both models
include a removable slim battery (1250mAh) and integrated Bluetooth capability.

The h5550 is the first Pocket PC to include an unparalleled 128 MB of RAM as
well as integrated biometrics security and wireless LAN network access(3)
(802.11b). This model also includes up to 17 MB of iPAQ File Store (non-volatile
flash storage). Its estimated street price is $649.(3)

Through wireless LAN networks, the h5550 and h5150 allow access to information
when connected to a corporate network or wireless "hotspot," making it an ideal
component of any mobile business solution. (The h5150 requires the addition of a
wireless LAN card for wireless access.) When combined with a Bluetooth enabled
phone, this allows access to remote data while waiting for a flight, meeting
with customers or sitting in a hotel.

A thermal biometric fingerprint reader on the h5550 helps to ensure that
critical data is protected from unauthorized access by authenticating the
owner's unique fingerprint, which can then be combined with a personal
identification number, password or both.

The h5150 allows additional expansion and, like the other models announced
today, incorporates Bluetooth wireless technology so customers can exchange and
print documents and photos without the need for a cable or specific print
drivers. Users can also choose to add an SDIO wireless LAN card or the HP PC
Card Expansion Pack Plus and a wireless LAN card to connect to high-speed
wireless LAN networks. This model includes 64 MB of RAM and up to 4 MB of iPAQ
File Store. Its estimated street price is $549.(3)

The h5150 and 5550 also incorporate a wide range of applications such as the
iPAQ Backup utility and iPAQ Task Manager. These models feature a 400-MHz Intel
X-Scale PXA255 processor for accelerated multimedia and security. A desktop
cradle and holster case is included with the device, and a variety of optional
accessories are available including slim and extended removable batteries, extra
styli, auto adapter and a variety of cases.

To further expand the capabilities of the HP iPAQ Pocket PC, various solutions
and tools are available at the HP iPAQ Pocket PC Solutions Catalog Web site,
http://www.hp.com/go/ipaqsolutions, and HP's matrix listing compatible
third-party Bluetooth products,
www.compaq.com/products/wireless/wpan/btcompmatrix.html.

More information is available in an online press kit at
www.hp.com/hpinfo/newsroom/press_kits/2003/ipaq/.

About HP

HP delivers vital technology for business and life. The company's solutions span
IT infrastructure, personal computing and access devices, global services and
imaging and printing for consumers, enterprises and small and medium business.
For the last four quarters, HP revenue totaled $70.4 billion. More information
about HP is available at http://www.hp.com.

(1) Sales data based on Gartner Dataquest, "PDA Shipments Estimates: Revised
Preliminary Results" T. Kort, October 2002. Endnotes.

(2) A standard WLAN infrastructure, other Bluetooth enabled devices, optional
accessories and a service contract with a wireless airtime provider may be
required for wireless communication and may incur an additional charge. Wireless
Internet use requires a separately purchased service contract with an Internet
service provider. Check with service provider for fees, availability and
coverage in your area. Not all Web content available.

(3) U.S. estimated street price. Actual prices may vary.

Microsoft and Windows are U.S. registered trademarks of Microsoft Corp. Intel is
a U.S. registered trademark of Intel Corp.

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 quarterly
report on Form 10-Q for the quarter ended January 31, 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.

SOURCE: HP