HP Announces Fastest HP Pavilion Home PC; HP Includes 1.0GHz Intel Pentium III Processor

Business Wire, March 8, 2000

Business Editors/High-Tech Writers

PALO ALTO, Calif.--(BUSINESS WIRE)--March 8, 2000

Hewlett-Packard Company, a leader in the home-PC market, today announced an HP Pavilion home PC that includes the Intel(R) Pentium(R) III 1 gigahertz (GHz) processor, the fastest Intel processor for the consumer PC market.

The new HP Pavilion 1G PC will offer the highest level of processor performance for the most demanding applications and Internet activities, such as making music CDs and playing the latest 3-D games.

"The addition of the 1.0GHz processor keeps the HP Pavilion home PC on the leading edge of technology and will provide the fastest computing experience for consumers today," said Sam Szteinbaum, business manager of HP's North America Consumer Computing Organization. "Combining the latest technology and inventive features, such as CD-RW drives and keyboards with quick-access Internet keys, creates an unrivaled home-computing experience."

"Intel is excited about the HP Pavilion 1G PC," said Jeff McCrea, marketing director for Intel's Desktop Products Group. "By combining the latest platform technologies, such as the Pentium III processor at 1.0GHz, the Intel 820 chipset and RDRAM memory, this system offers awesome performance both on and off the Internet."

In addition to the Intel Pentium III 1.0GHz processor, the HP Pavilion 1G PC includes the Intel 820 chipset, 128MB PC800 RDRAM, 7200 RPM 40GB hard drive, 8x maximum speed DVD drive, HP CD-Writer Plus CD-RW drive, Creative Annihilator 4x AGP graphics card with the NVIDIA GeForce chip with 32MB DDR memory, Creative Sound Blaster Live! soundcard, Polk Audio AMR2 speakers, V.90 56K modem, Intel 10/100 BaseT network card, one-touch Internet keyboard and scroller mouse.

The HP Pavilion 1G PC has an estimated U.S. street price of $3,499.(1) The new PC is expected to be available next week through PC kiosks at Best Buy, Circuit City and Staples stores nationwide, as well as through CompUSA.com. Additionally, the HP Pavilion 1G PC is expected to be available next week through hpshopping.com.

More information on HP Pavilion home PCs is available on the Web at www.hp-at-home.com or by calling 1-800-PC-HOME-1.

Hewlett-Packard Company -- a leading global provider of computing and imaging solutions and services for business and home -- is focused on capitalizing on the opportunities of the Internet and the proliferation of electronic services.

HP plans to spin off Agilent Technologies and distribute its shares to HP shareowners by mid-calendar year 2000. Agilent consists of HP's test and measurement, semiconductor products, chemical analysis and healthcare solutions businesses, and has leading positions in multiple market segments.

HP has 85,400 employees worldwide and had total revenue from continuing operations of $42.4 billion in its 1999 fiscal year. Information about HP, its products and the company's Year 2000 program can be found on the World Wide Web at http://www.hp.com.

(1) Actual prices may vary.

Intel and Pentium are U.S. registered trademarks of Intel Corp.