HP Reaffirms Commitment to Partners at Americas Partner Conference

31, 2004, HP revenue
totaled $79. HP
shall not be liable for technical or editorial errors or omissions
contained herein."

About Avnet Partner Solutions, Americas

Avnet Partner Solutions, Americas is an industry -leading,
value-added distributor and provider of enterprise servers, storage,
software and services , with operations in the United States, Mexico
and Canada.

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Real results

In addition , HP provided updates on several programs announced
previously. Avnet Partner Solutions provides solutions from
industry-leading manufacturers including Computer Associates, EMC, HP,
IBM, Microsoft, Network Appliance, Oracle, StorageTek and VERITAS --
driving growth for partners and manufacturers. Avnet generated more
than $10 billion in revenue in fiscal 2004 (year ended July 3, 2004)
through sales in 68 countries.

Business Editors/Environment Writers/High-Tech Editors

PALO ALTO, Calif.hp.

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This follows an announcement earlier this
month of new wireless network HP Care Pack services that can
be sold and delivered by authorized HP partners." The
program teaches HP channel partners to sell with a consultative and
service-based approach. enables success from the center of the technology
industry, providing cost-effective services and solutions vital to a
broad base of more than 100,000 customers and 250 suppliers.hpshopping.

hp newsroom

HP's relationship with
these channel partners is an integral part of bringing solutions to
market. This increased knowledge enables
partners to not only provide better service, but also drive a higher
level of satisfaction for their customers.

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For channel partners who provide management solutions for the
Adaptive Enterprise, HP's strategy for customers to
synchronize business and IT to capitalize on change, the
PartnerONE OpenView Elite tool has been expanded to offer more
incentives for those who want to increase their software
expertise.

"Our resolve and commitment to our channel partners is stronger
than ever," said John Thompson, vice president and general manager,
Americas Solution Partners Organization, HP.
This year's event is also the first time HP's many independent
software vendor, systems integrator and reseller channel partners will
be in the same location at once, giving them the chance to network and
strategize on the best solutions for customers.

(C) 2005 Hewlett-Packard Development Company, L. "For a nominal investment of
time, we are able to gain considerable insight and understanding of
Avnet's product offerings and solutions, reducing our time to market
and accelerating our overall sales cycle."
"We are very pleased with the success we have had with Avnet
Partner Solutions in the United States , and we see an opportunity to
capture additional market share by expanding our distribution
initiative to the Canadian territories," said Gregg Ambulos, vice
president, Global Channels, EMC Corp.
Despite this widespread lack of understanding, 63 percent of
American consumers believe e-waste is at least as important an
environmental issue as air pollution, and 68 percent of consumers
stockpile used or unwanted computer equipment in their homes. 31, 2005, HP revenue
totaled $81. The only
warranties for HP products and services are set forth in the express
warranty statements accompanying such products and services.

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The new offer features increased discounts on demo equipment
for desktops, notebooks and workstations, as well as enhanced margins
on the sale of desktops, notebooks, workstations and select HP Care
Pack packaged service offerings.

In response to the feedback from channel partners and the
recent success of the PartnerONE Portfolio Tool, HP is
expanding the eligible product set to include HP Education
Services, Business Continuity and Availability Services and HP
AlphaServer systems.

Complete collaboration

At the Americas Partner Conference, more than 1,000 account
planning meetings are scheduled between HP sales leaders and HP
partners. HP's Enterprise Sales Engagement strategy, announced in
November, is in full execution . HP
shall not be liable for technical or editorial errors or omissions
contained herein.

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com/go /apc

About HP

HP is a technology solutions provider to consumers, businesses and
institutions globally. to extend the reach of both companies in the Canadian
marketplace.
"The value that Avnet brings by connecting its resellers together
through Boot Camps is immeasurable," said David Botterill , director,
Business Development, Metafore Corp. Avnet Partner Solutions
is a division of the Avnet Technology Solutions operating group of
Avnet Inc.
Full program details are available at HP's Planet Partners return and
recycling program at www.hp.com/go/environment

About HP

HP is a technology solutions provider to consumers, businesses and
institutions globally.

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hp. For more information, visit
www.

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"The Americas Partner Conference is a significant event every year
for the HP channel partner organization. "We are fully committed to staying the course and delivering the
products, programs and services that will make our partners
successful. In
addition , HP will enable Authorized Warranty Delivery Partners
to not only sell, but also deliver warranty extensions for HP
Care Pack services.
HP also provided an update on the HP Imaging and Printing Partner
Value-Added Selling training, referred to as "Rolling Thunder.----Avnet Partner
Solutions, a division of Avnet Inc., an EMC Accreditation Boot Camp.aps. Through its premier market position, Avnet brings a
breadth and depth of capabilities that help its trading partners
accelerate growth and realize cost efficiencies. Nothing
herein should be construed as constituting an additional warranty.

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Business Editors/High-Tech Writers

LAS VEGAS----

Company Announces Competitive Displacement Program, Enhancements
to PartnerONE and Other Programs to Help Partners Grow

At the largest-ever annual HP Americas Partner Conference this
week, HP (NYSE:HPQ) (Nasdaq:HPQ ) reaffirmed its strong commitment to
its channel partners and channel growth with a series of new programs
and updates designed to benefit channel partners. Additional information on HP's environmental
initiatives can be found at www. For the four fiscal quarters ended Jan. More information about HP is available at
www.

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Based in Mississauga, Ontario, Avnet Partner Solutions, Canada
will now market a broad range of EMC's industry-leading information
storage and management products. EMC's products help customers align
their IT infrastructures with the changing value of their information
over time, ultimately resulting in the ability to extract the most
value from their information at the lowest cost.
"No doubt, our team will rapidly embrace EMC's offerings and
strengthen the portfolio of products and services currently being
offered to our customers. The
company markets , distributes and adds value to a wide variety of
electronic components, enterprise computer products and embedded
subsystems.
According to research by Penn, Schoen and Berland Associates,
which was conducted on behalf of HP, 95 percent of American consumers
do not know the meaning of the term "e-waste," and 58 percent are not
aware of an e-waste recycling program in their community.

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com

AMD Opteron is a trademark of Advanced Micro Devices, Inc. Risks, uncertainties and assumptions
include the development, performance and market acceptance of products
and services and other risks that are described from time to time in
HP's Securities and Exchange Commission reports, including but not
limited to HP's Annual Report on Form 10-K for the fiscal year ended
Oct. This expansion represents a strategic move
on the part of both of our companies, and I look forward to growing
EMC's presence in Canada through our current partner base and the
addition of many new partners.8 billion.

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(NYSE: AVT) and a value-added
distributor of enterprise servers, storage, software and services,
today announced the expansion of its distribution initiative with EMC
Corp."
HP's 50 percent off recycling promotion will run from April 22
through May 31, 2005, and can be used in conjunction with HP's
existing recycling e-coupon that offers online recycling customers up
to $50 toward the purchase of a new product on www.hp.com/recycle
The HP Planet Partners program provides consumers and businesses
around the world with access to a variety of hardware and HP print
cartridge product disposal options, including recycling, donation and
trade-in.

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"We continue to
accelerate the momentum by providing programs that will show channel
partners real results. During these meetings, HP and channel partners are
developing joint account sales strategies designed to have a
significant impact on their businesses .
More information on the Americas Partner Conference is available
at www."
In support of this expanded partnership, Avnet will be offering at
its headquarters in Tempe, Ariz.com
Avnet Inc . consumers have little knowledge of
electronic waste, or "e-waste," yet continue to stockpile it , HP
(NYSE:HPQ) (Nasdaq:HPQ) today announced a discount of 50 percent off
the cost of its online hardware recycling service for U.
"Our research found that while nearly three out of four consumers
have used or unwanted technology products in their homes, they aren't
sure how to dispose of it ," said David Lear, vice president,
Corporate, Social and Environmental Responsibility, HP. The information
contained herein is subject to change without notice.

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"
HP also announced efforts to focus on the highest growth areas in
the marketplace, such as blade servers. Nothing
herein should be construed as constituting an additional warranty. This
brings HP's cumulative recycling total since 1987 to 616 million
pounds -- more than halfway toward meeting the company-wide goal to
recycle 1 billion pounds by the end of 2007. "Clearly,
Americans recognize the importance of responsible technology recycling
and HP shares in their desire to ensure their used or unwanted
technology products are recycled responsibly and affordably. HP provides customers postage-paid
mailing labels or envelopes in many of its HP LaserJet and inkjet
print cartridge boxes or online at www.hp.P.

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com/recycle
In its ongoing commitment to responsible product design,
manufacturing and disposal, HP offers a variety of programs to
encourage environmental responsibility among consumers, business
customers and employees.com

(C) 2005 Hewlett-Packard Development Company, L.

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This is the first year HP has
made such a significant investment in joint planning meetings that
will set the strategy for the coming year. The company's offerings span IT infrastructure,
global services, business and home computing , and imaging and
printing.avnet.

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This year, the channel has
seen the great strides HP is making to help partners," said Vyomesh
Joshi, executive vice president, Imaging and Personal Systems Group ,
HP. HP also announced new ProLiant server blades that use AMD
Opteron(TM) processors.P.

HP Helps Consumers Dispose of ''e-Waste'' With 50 Percent Off Hardware Recycling; Company's Recycling Program Marks Earth Day With Continued Momentum Toward 1

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HP assumes no obligation and does not intend to update
these forward-looking statements. The information
contained herein is subject to change without notice.

Avnet Partner Solutions Expands North America Reach with EMC in Canada

Avnet will leverage
these products to the Canadian teams through its existing value-added
services such as its marketing and technical expertise, customizable
financial programs, streamlined order processing systems, storage
environment assessments and via its Web-based demonstration tool, Demo
Advantage .com.

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Among these are incentives to sell into competitors' accounts,
enhancements to PartnerONE , HP's channel partner program, and new
printer services opportunities.
Developed in response to channel partner feedback, enhancements to
the HP PartnerONE program focus on increasing margin through services
and software:

HP Authorized Service Delivery Partners who qualify can grow
their HP Care Pack services delivery business through the new
"Partner Sell and Deliver for Printers" initiative. Leveraging the recently
launched HP BladeSystem demand generation campaign , HP is offering
channel partners an additional sales incentive on HP ProLiant server
blades.hp . For the four fiscal quarters ended Oct.

Business Editors/High-Tech Writers

TEMPE, Ariz .
"Avnet Partner Solutions has been selling in Canada for years and
has a very experienced sales and support team," said Gavin Miller,
vice president and general manager, Avnet Partner Solutions , Canada. For more information, visit: www.----In light of
new research that reveals U.

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HP is on target to get the accounts
transferred to channel partners with many of the account planning
meetings taking place at the Americas Partner Conference. More than 300 channel partners have taken
advantage of this initiative and anticipate sales to increases up to
33 percent following the training.

This news release contains forward-looking statements that involve
risks and uncertainties, as well as assumptions that, if they ever
materialize or prove incorrect, could cause the results of HP and its
consolidated subsidiaries to differ materially from those expressed or
implied by such forward-looking statements and assumptions. The only
warranties for HP products and services are set forth in the express
warranty statements accompanying such products and services.S. residents .
Continuing its role as a leader in environmental sustainability,
HP announced that it recycled more than 120 million pounds of used
computer hardware and HP print cartridges globally in 2004.

In addition, recycling original HP LaserJet and inkjet print
cartridges is easy and free.

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Scheduled on a quarterly basis, the Boot Camps are exclusive to Avnet
partners and have been very successful at fast tracking resellers with
the required EMC accreditations. "We are confident that Avnet's
world -class logistical, technical and financial services will help us
to quickly extend our reach into this market. HP accepts any brand of computer-related hardware, such as
desktop PCs, notebooks, monitors , ink and laser printers, PDAs and
general networking equipment.

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"

Bold strokes for growing new business

Focusing on business growth, HP is offering channel partners
additional incentives for sales into competitors' installed-base
accounts.

HP is expanding the resources available to the PartnerONE
Linux Elite partners to assist them in driving revenue for
Linux -based solutions. More information about HP is available at
www.

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9 billion. 31, 2004.

avnet .

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All
statements other than statements of historical fact are statements
that could be deemed forward -looking statements, including the
expected development, performance or rankings of products or services;
statements of expectation or belief; and any statement of assumptions
underlying any of the foregoing .com

Product and service names mentioned herein are the trademarks of
their respective owners . The company's offerings span IT infrastructure,
global services, business and home computing, and imaging and
printing.