For Immediate Release
Thursday, March 08, 2012

Contact for Reporters:
Kyle Henley
303.376.2635
Kyle.Henley@colostate.edu



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CSU and HP Collaborate to Provide Equipment, Programs Across CSU System

FORT COLLINS - Colorado State University and HP today announced a collaboration to provide CSU with discounts on computer equipment and support for academic programs, scholarships and student internships, as well as create opportunities for the organizations to work together on international and outreach programs.

“CSU is proud to introduce HP as the university’s new technology provider and business partner,” said Amy Parsons, CSU vice president for operations. “As with other important corporate relationships CSU has entered into recently, this joint initiative is much more than a transactional business arrangement. In addition to providing real savings on technology equipment across the CSU System, HP will partner with the university on academic and research programs that will create tangible benefits for the company and generate more than $700,000 a year in internships and scholarships for CSU students.”

The collaboration includes all institutions within the CSU System: CSU in Fort Collins, one of the nation’s premier research universities; CSU-Pueblo, a regional, comprehensive university in Southern Colorado; and CSU-Global Campus, a 100 percent online public university that serves nontraditional students and working adults.

“As an education technology leader, HP understands the most daunting challenges facing education leaders, and is helping to close the technology divide,” said Jim Zafarana, vice president and general manager, Commercial Solutions Business Unit, HP. “HP is committed to offering schools and educators opportunities to integrate new technologies and adopt new strategies that will allow teachers to learn what is possible and decide on the instructional practices that will result in improved student learning.”

This is the third major strategic relationship Colorado State has secured in the last year – unique relationships between the university and Coca-Cola and OfficeMax were announced in 2011. The university is actively pursuing such agreements to strategically secure new revenue streams through innovative thinking and to provide significant savings and meaningful benefits to the CSU community.

“Colorado State has had a long relationship with HP,” said Pat Burns, CSU vice president of information technology. “We are delighted to be working with them as our provider of computing and associated equipment.”

In addition to technology equipment, HP will provide paid internships and scholarships to CSU System students. HP also will support annual sponsorships, including senior design projects, professional papers, a professional society competition and affiliation.

CSU and HP also will collaborate on international programs and outreach in regions where there is overlap between HP’s global presence and CSU’s strong academic and research ties. For example, HP is helping to strengthen CSU’s presence and initiatives in places like China by funding scholarships and internships for local students to study computer science and engineering at CSU.

Finally, CSU will collaborate with HP on K-12 outreach, student mentoring and on-campus recruiting initiatives. CSU and HP will continue to explore ways to collaborate on international academic and research initiatives that are important.

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 (NYSE: HPQ) is available at http://www.hp.com.

About Colorado State University

Colorado State University, a land-grant institution and a Carnegie Doctoral/Research University-Extensive, is one of the nation's leading research universities, with world-class research in infectious disease, atmospheric science, clean energy technologies and environmental science. Founded in 1870, CSU last year awarded degrees to 5,800 graduates, and this year, it attracted more than $330 million in research funding. Colorado State University is the "university of choice" for Colorado residents – 30 percent of all of Colorado's science, math, engineering and technology majors pursue degrees at CSU. In addition to excellent programs in those areas, CSU offers among the very best professional programs in the United States in veterinary medicine, engineering, alternative energy, occupational therapy, journalism, agriculture and construction management. Find more information at www.colostate.edu.

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, including execution of restructuring and integration plans; 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 competitive pressures faced by HP’s businesses; the development and transition of new products and services (and the enhancement of existing products and services) to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; expectations and assumptions relating to the execution and timing of restructuring and integration plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2011 and HP’s other filings with the Securities and Exchange Commission. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2012 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. HP shall not be liable for technical or editorial errors or omissions contained herein.

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