HP Announces 50 Percent Improvement in Energy Efficiency of Products

Milestone shared at kickoff of Unlocking Your Energy tour in New York

NEW YORK — (BUSINESS WIRE) — March 10, 2011 — HP (NYSE: HPQ) today announced that the energy-reduction goals made by the company in 2009 have been met or exceeded more than nine months ahead of schedule.

HP also unveiled energy savings research and analysis showing that if all makes and models of printers, notebook and desktop PCs, displays and servers shipped in 2005 were recycled(1) and replaced with new HP energy-efficient models, customers could save approximately $10.4 billion in energy costs, and avoid more than 40 million metric tons of CO2 emissions within a year.(2)

The news will be shared with journalists, industry analysts and nongovernmental organizations gathering in New York City to celebrate the kickoff of the HP Unlocking Your Energy tour, a global initiative to demonstrate how energy efficiency, sustainability and profitability are compatible concepts for consumers and businesses. Following today’s New York event, the tour will continue with stops in San Francisco, Beijing, Hong Kong and London.

“We set a goal to reduce energy consumption of our products by 40 percent by the end of 2011 from 2005 levels,” said Engelina Jaspers, vice president, Environmental Sustainability, HP. “I’m pleased to report we’ve exceeded this goal, and that HP products today are, on average, more than 50 percent more energy efficient than they were five years ago.”

Unlocking Your Energy tour attendees will experience interactive technology exhibits and demonstrations followed by short presentations with environmental advocates, including fashion designer and sustainable lifestyle consultant Bahar Shahpar and sustainable chef-restaurateur Rick Bayless.

“The choices we make have an impact. For years, I’ve focused on using local, sustainable ingredients in my restaurants to support area farmers and help reduce my carbon footprint,” said Bayless. “Because our choice and use of technology plays into impact as well, I’m excited to get more productivity and creativity out of HP products that consume less energy and less counter space.”

“In fashion, sustainability and style are compatible concepts, and HP is showing that the same idea holds true for technology,” said Shahpar. “By using the most advanced tools for creativity and communication, it is truly possible to grow your brand and your product with less environmental impact. My new HP technology significantly reduces my energy use and allows me to be more productive, which increases the quantity of my work output and the quality of my work life.”(3)

The Unlocking Your Energy kickoff event includes a panel discussion with Chandrakant Patel, senior fellow and director of the Sustainable Ecosystems Research Group at HP Labs, and Kevin Gould, vice president of Research and Development and sustainability officer at Avaya, as well as Bayless and Shahpar. The panel will be moderated by Marc Gunther, contributing editor at FORTUNE magazine and senior writer at Greenbiz.com.

New HP solution decreases costs, advances sustainability practices

In conjunction with the Unlocking Your Energy kickoff event, HP introduced a new way for clients to stimulate business growth by optimizing energy consumption, reducing emissions and tapping into the information needed to best create a sustainable business future.

The HP Energy and Sustainability Management solution is designed to deliver a strategy, roadmap and implementation plan to transform the way energy and natural resources are used across an enterprise, the processes by which they are managed, and the business models needed to meet an organization’s demands.

HP is aligning itself with organizations that will enhance its services with key offerings for evaluating a client’s environmental impact and strategizing best practices going forward.

More information on HP’s Unlocking Your Energy tour is available at www.hp.com/go/unlocking.

About HP

HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world’s largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure to solve customer problems. More information about HP is available at http://www.hp.com.

(1) Emissions avoidance from recycling estimated using the EPA WARM tool ( www.epa.gov) and estimated average product weights.

(2) HP compared the energy consumption of comparable HP products in 2005 with its latest models for each category of products. Estimations of the energy consumption of 2005 products were done by using worldwide IDC shipped volumes, HP products, U.S. Environmental Protection Agency’s ENERGY STAR® program ( www.energystar.gov) product averages and the typical energy consumption (TEC) method. Energy costs are based on the U.S. Department of Energy data ( www.eia.doe.gov ); actual results may vary. The following products were used for this analysis: HP Deskjet 3050, HP Laserjet CP1215, HP Laserjet CP1025, HP Compaq 8200 Elite, HP Compaq 2310, HP Compaq 8000f Elite, HP Compaq LE19 monitor, HP Storage EVA, HP Probook 6550b, G60t Series Notebook, Touchsmart M6, HP ProLiant DL380 G4, G6, and HP ProLiant DL360G7 servers.

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