PALO ALTO, Calif., Oct. 13, 2003 – HP (NYSE:HPQ) introduced its architecturally redesigned HP Compaq Tablet PC TC1100 – a versatile, full-function, mobile PC with increased power and performance that incorporates the low voltage Intel-based, low voltage Pentium® M processor and new wireless capabilities. This processor offers higher performance with lower power consumption, giving users an industry-leading battery life of up to four hours.(1)

The new Tablet PC notebook offers the latest in secure, integrated wireless technology, from Bluetooth™ to tri-mode wireless LAN supporting the 802.11a, b and g standards.(2) This integrated wireless LAN capability is further enhanced with support for the latest security standards such as Wi-Fi Protected Access (WPA). In conjunction with the Tablet PC’s digital inking technology, mobile professionals can work in ways that are flexible, simplified and even more efficient than before.

“HP is building on the success of the innovative, award-winning Tablet design,” said Kevin Frost, vice president of notebook marketing, HP Personal Systems Group. “Our customers want to use the Tablet PC in new, more demanding ways. We are responding by offering new levels of performance and wireless capabilities.”

The Tablet PC functions both as a tablet and a highly portable notebook PC. When used as a tablet, the device captures digital ink as it flows from an electronic pen onto the PC’s screen. When typing is preferred, users can simply attach a lightweight, removable keyboard – which is shipped standard with the offering.

When combined with its innovative docking solution, a full-size keyboard and a monitor, the new HP Compaq Tablet PC transforms into a functional desktop PC. The flexible docking solution also lets users place the Tablet PC in a more natural, comfortable position to write directly on the screen.

Because the Tablet PC’s innovative design provides greater flexibility, users can efficiently accomplish common business tasks such as taking handwritten notes in a meeting for later reference or conversion to text, annotating documents or presentations using digital ink, reading electronic magazines or books, or even discreetly sending handwritten messages during meetings.

Measuring merely 0.8-inch thin and weighing slightly over three pounds, the HP Compaq Tablet PC TC1100 delivers performance and features typically found in a functional Windows® XP Professional ultra-portable notebook. The Tablet PC also includes: 10.4-inch TFT display featuring a wide viewing angle, hardened cover glass and NVIDIA GeForce4 Go 420 high-resolution graphics; fast infrared, built-in Bluetooth and 802.11b wireless LAN capabilities; up to 60-gigabyte SMART 5,400 r.p.m. hard drive; integrated secure digital slot and USB 2.0 connectivity.

Additionally, the HP Compaq Tablet PC incorporates user-friendly features such as fully programmable launch buttons and a one-touch jog dial to launch preset programs and navigate and scroll through applications. The Q menu allows for quick access to common functions, such as display brightness, internal wireless control and video-to-projector controls.

Planned to be available direct from HP and through authorized resellers in mid-November, the HP Tablet PC TC1100 has an estimated U.S. street price starting at $1,849.(3)

More information about the HP Compaq Tablet PC TC1100 is available at http://www.hp.com/go/tabletpc.

About HP

HP is a technology solutions provider to consumers, businesses and institutions globally. The company’s offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing for consumers, enterprises and small and medium businesses. For the last four quarters, HP revenue totaled $71.3 billion. More information about HP is available at http://www.hp.com.

(1) Battery time varies by usage patterns
(2) Tri-mode device is “not available on Centrino branded configurations
(3) Actual prices may vary

Intel and Pentium are registered trademarks of Intel Corp. or its subsidiaries in the United States and other countries. Bluetooth is a trademark owned by its proprietor and used by Hewlett-Packard Company under license. Windows is a U.S. registered trademark of Microsoft 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 Quarterly Report on Form 10-Q for the period ended July 31, 2003 and HP’s other Securities and Exchange Commission reports filed after HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2002. 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 and does not intend to update these forward-looking statements.