HP Launches Technology Grant Opportunity for K-12 Schools in United States and Puerto Rico

PALO ALTO, Calif., Dec. 5, 2006- HP today launched an initiative that will award grants totaling $3.9 million in cash and HP equipment to kindergarten-12th grade public schools in the United States and Puerto Rico.

The 2007 K-12 HP Technology for Teaching Grant initiative supports efforts to improve student achievement through the innovative uses of technology in the classroom.

Proposals will be accepted from all subject areas, but preference will be given to projects with a focus on math or science. Based on the outcomes of the projects funded through this initiative in 2007, HP may offer grant recipients the opportunity to receive higher value grants in 2008.

Schools interested in applying for this grant can find additional information, requests for proposal forms and application submission deadlines at www.hp.com/go/hpteach.

The grants bring HP’s total investment in education in the United States and Puerto Rico in 2007 to $10 million. HP’s worldwide commitment to schools through the HP Technology for Teaching Grant initiative totals more than $36 million since the program’s launch in 2004.

Past grant successes – Colorado school leverages visual and auditory capabilities

Past grant recipients continue to report a positive influence on teaching and student learning as a result of the program.

Teachers at the Colorado School for the Deaf and the Blind are applying HP technology to present more innovative classroom techniques that have both visual and auditory capabilities to meet the needs of deaf and low-vision or blind students. As a result, students are more motivated and engaged in the learning process, leading to improvements in their academic success. The school received an HP Technology for Teaching Grant in 2005 and was awarded a reinvestment in 2006.

Overall, the goals of HP’s education programs are to transform teaching and learning through the innovative use of technology, increase the number of underrepresented students on a path toward high-tech careers, and enhance student success in math, science and engineering.

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 Oct. 31, 2006, HP revenue totaled $91.7 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at http://www.hp.com.

© 2006 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. HP shall not be liable for technical or editorial errors or omissions contained herein.

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