Staples Selects HP for Nationwide Large-format Printing Services

PALO ALTO, Calif., May 1, 2006, HP today announced that Staples, Inc., the world’s largest office products company, has added color printing services featuring HP large-format printers to its Copy & Printer Centers (CPCs) located in more than 1,250 stores across the United States.

Equipped with HP Designjet 130nr printers, every Staples CPC can now provide high-quality photo enlargements, posters, signs and banners for consumers and businesses.

“Staples has long been a critical retailer for HP,” said Stephen Nigro, senior vice president, Graphics and Imaging Business, HP. “Now, in addition to selling HP computers and printers, Staples is using HP technology to produce a variety of high-quality photo and wide-format applications for its customers.”

The HP Designjet 130 printer series is designed for professional graphic design, photography, fine art reproduction, and proofing applications. Its six-color, multi-format printing produces high-quality, fade-resistant images with stunning results. The printers installed at Staples locations also feature an automatic roll feed and cutter capability and can print on media up to 24 inches wide and up to 50 feet long.

“Getting high-quality, color, wide-format print jobs is now as easy as visiting your local Staples store,” said Robert Schlacter, vice president, Business Services, Staples. “Making it easy for the customer is also about investing in the right resources, like arming every CPC associate with industry-leading solutions from HP.”

Designed as larger scale, full-service printing and copying facilities that support the 1,250 CPCs, 16 Staples Hub locations also have installed the 42-inch version of the HP Designjet 5500 UV Printer. The HP Designjet 5500 produces high-quality banners, signs and a variety of other large-format applications on demand using HP 83 UV inks for durable, long-lasting prints. Staples is featuring the 60-inch version of the HP Designjet 5550 UV printer in its Digital Copy Services production facilities.

More information on HP Designjet printers is available at www.hp.com/go/designjet. More information on Staples printing services is available at www.staples.com by clicking on “Copy and Print”.

About Staples

Staples, Inc. invented the office superstore concept in 1986 and today is the world’s largest office products company. With 69,000 talented associates, the company is committed to making it easy to buy a wide range of office products, including supplies, technology, furniture, and business services. With 2005 sales of $16.1 billion, Staples serves consumers and businesses ranging from home-based businesses to Fortune 500 companies in 21 countries throughout North and South America, Europe and Asia. Headquartered outside of Boston, Staples operates approximately 1,780 office superstores and also serves its customers through mail order catalog, e-commerce and contract businesses. More information is available at www.staples.com.

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 Jan. 31, 2006, HP revenue totaled $87.9 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at http://www.hp.com.

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.

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