HP Showcases World’s First High-speed, 30-Inch Digital Color Press

Business Wire, May 05, 2009

France-based firm CPI is expected to install its first HP Inkjet Web Press this September.

With these two installations, the HP Inkjet Web Press becomes a key digital solution for high-volume production at firms that collectively produce approximately 800 million books annually.

HP also announced that Houston-based Consolidated Graphics (www.cgx.com) has entered into an agreement to join the HP Inkjet Web Press pilot program and will be installing a press this summer. Consolidated Graphics is a leader in the use of digital color solutions for high-end commercial print and direct mail, and the press will join the more than 50 HP Indigo presses, HP Designjet printers and HP SmartStream print servers the company operates at facilities nationwide and at its newest location in Europe.

“Consolidated Graphics is a believer in the ways HP advances the graphic arts industry with digital print solutions that help customers find new and exciting ways to increase revenue and reduce cost,” said Aaron Grohs, executive vice president, Sales and Marketing, Consolidated Graphics. “The HP Inkjet Web Press changes the game in digital commercial print, and we are excited to extend our long-standing relationship with HP by adding the press to our industry-leading digital print capabilities.”

Several HP solutions partners are participating in the open house, including: CMC, EMT, Hunkeler, MBO/EHRET, Muller Martini, Pitney Bowes, Timsons and Ultimate Technographics.

Additional information about the productivity and quality advantages offered by the HP Inkjet Web Press are the focus of two new white papers. The white papers, as well as additional details from the open house event at O’Neil Data Systems, are available at http://www.hp.com/go/IHPSopenhouse.

About HP

HP, the world’s largest technology company, simplifies the technology experience for consumers and businesses with a portfolio that spans printing, personal computing, software, services and IT infrastructure. More information about HP is available at http://www.hp.com/.

Note to editors: More news from HP, including links to RSS feeds, is available at http://www.hp.com/hpinfo/newsroom/.

(1) HP internal estimates.

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 statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected operational and financial results; and other risks that are described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2009 and HP’s other filings with the Securities and Exchange Commission, including but not limited to HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2008. HP assumes no obligation and does not intend to update these forward-looking statements.