BARCELONA, Spain----HP (NYSE: HPQ) today introduced the latest HP iPAQ device, a sleek and small smartphone that delivers a flexible wireless email experience for business customers through convenient voice control and hands-free operation.

The HP iPAQ 500 series Voice Messenger features voice over Internet protocol (VoIP) capabilities, push email and the latest Windows® Mobile 6 operating system. With up to six hours of continuous talk time on a fully charged battery, the HP iPAQ Voice Messenger also leads the competition in battery life. As the first in HPs new smartphone lineup, the HP iPAQ 500 series helps highly mobile professionals stay connected wherever they are.

More than 20 voice commands available on the iPAQ offer customers hands-free operation. Using a powerful voice reply feature, people can reply to email by dictating and sending a voice response, without the need for any typing. Users also can listen to email and text messages, navigate through phone and calendar tasks and speak to start applications.

Additionally, the HP iPAQ Voice Messenger has built-in Wi-Fi(1) to provide business customers a VoIP alternative to traditional office phone setups.(2) By integrating the HP iPAQ Voice Messenger with office phone systems, businesses can eliminate the need for desk phones and benefit from streamlined communications and reduced IT management. The smartphone also includes GSM/EDGE and Bluetooth wireless technology connectivity options.(1)

Busy professionals are constantly flooded with email and looking for ways to quickly and easily manage it and move on with their day, said Dave Rothschild, vice president, Handheld Business Unit, Personal Systems Group, HP. Our HP iPAQ Voice Messenger smartphone gives mobile users an easy way to manage all types of communications and stay focused on their business.

Based on the new Windows Mobile 6 platform, the HP iPAQ 500 series provides business professionals with an enhanced Outlook Mobile experience, allowing customers to view emails in their original HTML format and enjoy quick access to contacts with the ability to search a call history and contacts database. Plus, the built-in Microsoft Office Mobile suite provides customers with a familiar, easy-to-use experience.

Windows Mobile 6 delivers advanced communications, increased productivity and integrated mobile business performance all within the familiar Microsoft software experience, said Todd Warren, corporate vice president, Mobile and Embedded Devices Division, Microsoft Corp. Were pleased to work with HP to offer a device that will help businesses thrive by enabling people to access important data wherever they are.

The HP iPAQ Voice Messenger is the first iPAQ device to offer the over-the-air device management capabilities that HP acquired with its purchase of Bitfone Corp. With these capabilities, businesses can remotely manage and support the HP iPAQ devices performance, security and access to applications, data and networks. For example, IT managers can remotely erase data on lost or misplaced devices, configure and repair units, and provide updates and security applications.

Additionally, on-the-go professionals can enjoy rich digital entertainment features such as listening to music, watching videos, playing games, and capturing and sharing photos wirelessly.

Availability

The HP iPAQ 500 series Voice Messenger is expected to be available this spring in the United States direct from HP and select authorized dealers. International pricing and availability for the HP iPAQ 500 series will vary.

Additional information is available at www.hp.com/go/Mobility2007.

The HP iPAQ 500 series Voice Messenger was announced at the 3GSM World Congress 2007 in Barcelona, where HP is exhibiting at hall 8, booth 8B117. More information on HPs presence at the telecom tradeshow is available at www.hp.com/go/3GSM2007.

About HP

HP focuses on simplifying technology experiences for all of its customers from individual consumers to the largest businesses. With a portfolio that spans printing, personal computing, software, services and IT infrastructure, HP is among the worlds largest IT companies, with revenue totaling $91.7 billion for the four fiscal quarters ended Oct. 31, 2006. More information about HP is available at www.hp.com.

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(1) A standard WLAN infrastructure, other Bluetooth-enabled devices, separately purchased equipment and a service contract with a wireless airtime provider may be required for applicable wireless communication. Wireless Internet use requires a separately purchased service contract. Check with service provider for availability and coverage in your area. Not all web content available.

(2) Requires separately purchased Internet service and VoIP service contracts.

Bluetooth is a trademark owned by its proprietor and used by Hewlett-Packard Company under license. Windows is a registered trademark of Microsoft Corporation in the United States and/or other countries.

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; 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 the achievement of expected results and other risks that are described from time to time in HPs Securities and Exchange Commission reports, including but not limited to the risks described in HPs Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2006 and other reports filed after that Form 10-K. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2007 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.