HP LaserJet Print-to-Mail System Provides the Printing Industry's First Affordable and Complete Desktop Mailing Solution

Business Wire, May 1, 2000

Business Editors/High Tech Writers

PALO ALTO, Calif.--(BUSINESS WIRE)--May 1, 2000

Small- to Medium-sized Businesses Save Time and Money

with a Solution that Folds, Seals and Stamps in One Easy Step

Hewlett-Packard Company today introduced the HP LaserJet Print-to-Mail system, the printing industry's first affordable desktop mailing solution. The HP LaserJet Print-to-Mail system is a one-step solution that creates mail-ready pieces by enabling the printing, folding, sealing and stamping of business correspondence. Ideal for any small- to medium-sized business that produces bills, invoices, checks and other correspondence, HP's mailing system replaces time-intensive billing and mass-mailing processes.

The HP LaserJet Print-to-Mail system easily attaches to the rear output tray of an HP LaserJet 4000 or 4050 printer. By eliminating tedious, time-consuming manual operations, the Print-to-Mail system can significantly reduce mailing-preparation costs.

"The Print-to-Mail system highlights HP's leadership and innovation," said Manny Kostas, marketing manager for HP's LaserJet Business Printing. "There are no competitive inline mailing solutions that can match the price, speed, and ease-of-use of the HP LaserJet Print-to-Mail system."

To develop this complete solution, HP has partnered with industry leaders such as Capella Technologies, MindGate, Moore, Peachtree and Stamps.com. Combined with third-party solution components, the HP LaserJet Print-to-Mail system enables:

      --  custom and personalized forms printing -- for example,
        customized forms that include color logos and user-specified
        formats;

      --  Magnetic Ink Character Recognition (MICR) check printing --
        using MICR toner cartridges and fonts to assist in creating
        unique check printing solutions; and

      --  specialized formatting tools -- to make integration with
        customers' software easy and affordable.

HP Print-to-Mail System Components

      Each HP LaserJet Print-to-Mail system includes the following:

      --  Print-to-Mail hardware accessory;

      --  CD-ROM with templates for Intuit, Peachtree and other
        Microsoft(R) Windows(R)-compatible applications;

      --  sample media kit including Moore forms; and

      --  user's guide and solutions guide.

HP LaserJet 4000 and 4050 Printers

The award-winning HP LaserJet 4000 and 4050 printers can print at speeds of up to 17 pages per minute (ppm) and produce high-resolution, 1200 dots-per-inch (dpi) print quality. Equipped with a 133MHz RISC microprocessor, the HP LaserJet 4050 is the world's No. 1 selling network laser printer.

U.S. Pricing and Availability

The HP LaserJet Print-to-Mail system is now available in the United States only, for an estimated U.S. street price of $649.(1)

About HP

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 announced that it will spin off Agilent Technologies and distribute its shares of Agilent on June 2, 2000 to HP shareowners of record as of May 2, 2000. Agilent consists of HP's test and measurement, semiconductor products, chemical analysis and healthcare solutions businesses.

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 and its products can be found on the World Wide Web at http://www.hp.com.

(1) Actual prices may vary.

Microsoft and Windows are U.S. registered trademarks of Microsoft Corp.