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U.S. Navy Selects HP PCs for Overseas Network

Not-to-Exceed $40 Million Delivery Order Issued Under Army Chess Multiple Award Contract to Support Overseas Military Bases

PALO ALTO, CA -- (Marketwired) -- 03/06/14 -- HP (NYSE: HPQ) today announced that HP PCs were chosen as part of the U.S. Navy's selection of Integration Technologies Group, Inc. (ITG) for the refresh of OCONUS Navy Enterprise Network (ONE-Net), the Navy's enterprise network of bases outside the continental United States.

The ONE-Net delivery order includes a two-year base period and two-year option period, and isn't to exceed $40 million. As part of the delivery order, HP desktop PCs, displays, notebooks and tablets will replace the current systems at domestic and international bases. ONE-Net provides technical capabilities, such as secure network access, for deployed and support forces at 14 overseas fleet bases and stations in the Far East, the Middle East and Europe.

"Earning the Navy's business further validates HP's reputation for superior quality and reliability. In addition this solidifies our commitment to accelerate our rate of innovation in our PC and printing products today and in the future," said John Solomon, senior vice president, Printing and Personal Systems, and managing director, Americas, HP. "This agreement allows Navy personnel to access critical information with seamless connectivity to the global information grid."

To secure this opportunity, HP worked with ITG to offer services and support, and collaborated with GovConnection for indirect product fulfillment.

Products that will be distributed as part of the contract include HP EliteBook notebook PCs, HP Elite tablet PCs and HP Compaq Elite desktop PCs. HP Elite PCs are rigorously tested to help ensure reliability. During the HP Total Test Process, HP PCs experience 115,000 hours of performance trials. In addition, the HP EliteBook PCs and HP Elite tablets pass the rigorous MIL-STD 810G testing for vibration, dust, shock, altitude, high temperature, low temperature, temperature shock, humidity and drops.(1)

The decision was based on cost, past performance and the vendor's ideas for technical performance.

About ONE-Net
The OCONUS Navy Enterprise Network (ONE-Net) is a Department of the Navy initiative to deliver comprehensive, end-to-end information and telecommunication services to OCONUS Navy shore commands by using a common computing environment for both the Non-secure IP Router Network (NIPRNet) and Secure IP Router Network (SIPRNet). ONE-Net is designated as government-owned and government-operated until the network transitions to the Next Generation Enterprise Network (NGEN) and adopts the NGEN operating model and support structure. More information is available at http://www.public.navy.mil/spawar/PEOEIS/NEN/ONE-Net/Pages/default.aspx

About HP
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. With the broadest technology portfolio spanning printing, personal systems, software, services and IT infrastructure, HP delivers solutions for customers' most complex challenges in every region of the world. More information about HP is available at http://www.hp.com.

(1) Testing was not intended to demonstrate fitness for U.S. Department of Defense contract requirements or for military use. Test results are not a guarantee of future performance under these test conditions.

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, market share or competitive performance 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 the need to address the many challenges facing HP's businesses; the competitive pressures faced by HP's businesses; risks associated with executing HP's strategy and plans for future operations; the impact of macroeconomic and geopolitical trends and events; the need to manage third-party suppliers and the distribution of HP's products and services effectively; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; risks associated with HP's international operations; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its suppliers, customers, clients and partners; the hiring and retention of key employees; integration and other risks associated with business combination and investment transactions; the execution, timing and results of restructuring plans, including estimates and assumptions related to the cost and the anticipated benefits of implementing those plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2013, and that are otherwise described or updated from time to time in HP's Securities and Exchange Commission reports. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2014 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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