November 15, 2002

HP, Pittsburgh Supercomputing Center Form Grid Alliance

PALO ALTO, Calif., and PITTSBURGH, Nov. 14, 2002 -- HP (NYSE:HPQ) and the Pittsburgh Supercomputing Center (PSC) today announced they have formed a strategic alliance to demonstrate the potential of the National Science Foundationâs extensible TeraGrid.

HP will add a cluster of HP Itanium® 2-based systems running Linux to PSCâs computing environment, and PSC will participate in HPâs worldwide grid program. PSC also will join the Gelato Federation, an HP-sponsored worldwide consortium focused on enabling open source Linux-based Itanium computing solutions. Membership in Gelato is awaiting approval from the organizationâs council.

Through their collaboration, PSC and HP expect to further the TeraGrid goals of enabling scalable, open source, commodity computing on IA-64 and Linux to address real-world problems. The added HP Itanium 2-based system cluster will complement LeMieux, PSCâs six teraflop Tru64 Unix® AlphaServer supercomputer, the most capable unclassified system in the United States.

The TeraGrid is expected to provide the nationâs fastest and most powerful computing grid, with the goal of demonstrating grid services by running key applications by 2004. By connecting LeMieux, PSC will expand the heterogeneous computing potential of the TeraGrid, with the addition of HPâs Itanium 2-based systems.

Through its worldwide grid program, HP relates to grid participants worldwide and has internal grid investments with nodes in Bristol, England; Palo Alto, Calif.; Nashua, N.H, Houston and other locations.

HP also is a founding sponsor of the Gelato Federation, http://www.gelato.org. PSC will bring its experience in grid computing middleware, applications and highest performing computing and communications to the Gelato effort.

HP will collaborate with PSC as early adopters and leaders in grid computing by:

participating in selected major grid projects;
running meaningful benchmarks, helping to scale up performance and capacity; and
understanding how to evolve grids to utility computing.

PSC also plans to use HPâs Itanium 2-based systems running Linux for future high-performance computing needs.

The alliance will use HP equipment, which will be installed at PSC. In addition, HP engineers and researchers, both from the High-Performance Technical Computing (HPTC) Division as well as from HP Labs, will work with PSC personnel to run tests and realistic benchmarks to help ensure successful elaboration of the TeraGrid.

PSC will port and tune key applications to HPâs Itanium 2-based systems running Linux. These activities will be performed in the context of PSCâs membership in the Gelato Federation. This collaboration builds on well-established and successful relations with HP University Relations, the HP HPTC product divisions, pre-merger Compaq and going back to joint agreements between PSC and Digital.

About Pittsburgh Supercomputing Center

The Pittsburgh Supercomputing Center is a joint effort of Carnegie Mellon University and the University of Pittsburgh together with Westinghouse Electric Company. It was established in 1986 and is supported by several federal agencies, the Commonwealth of Pennsylvania and private industry.

About HP

HP is a leading global provider of products, technologies, solutions and services to consumers and businesses. The companyâs offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing. HP completed its merger transaction involving Compaq Computer Corporation on May 3, 2002. More information about HP is available at http://www.hp.com>.

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Intel and Itanium are registered trademarks of Intel Corp. or its subsidiaries in the United States and other countries. Unix is a registered trademark of the Open Group.

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the possibility that the market for the sale of certain products and services may not develop as expected; that development and performance of these products and services may not proceed as planned; and other risks that are described from time to time in HPâs Securities and Exchange Commission reports, including but not limited to HPâs quarterly report on Form 10-Q for the quarter ended July 31, 2002 and reports filed subsequent to HPâs annual report on Form 10-K, as amended on January 30, 2002, for the fiscal year ended October 31, 2001. If any of these risks or uncertainties materializes or any of these assumptions proves incorrect, HPâs results could differ materially from HPâs expectations in these statements. HP assumes no obligation and does not intend to update these forward-looking statements.

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