Press Release
HP and Staples Make It Easy, Free to Recycle Electronics Nationwide

Consumers can recycle electronics every day at Staples Stores throughout the United States PALO ALTO, Calif., FRAMINGHAM, Mass., April 12, 2012 HP (NYSE: HPQ), the world’s largest technology company, together with Staples, Inc. (Nasdaq: SPLS), the world’s largest office products company and second largest e-commerce company, today announced free electronics recycling for all brands of office electronics at Staples stores nationwide. Consumers and small businesses can responsibly recycle their electronics every day at Staples locations nationwide,(1) regardless of where the devices were purchased. “HP is a leader in the technology industry in product reuse and recycling,” said Gabi Zedlmayer, vice president of sustainability and social innovation, HP. “We recently celebrated reaching our goal of recycling 2 billion pounds of electronic products and supplies since 1987 and our collaboration with Staples will build upon this achievement and focus on increasing electronics recycling in all states.” The Staples technology recycling program, powered by HP, accepts all brands of the following electronics for free(2): Desktop PCs, laptops, netbooks, tablet PCs, external hard drives and small servers All computer monitors Printers, desktop copiers, faxes and all-in-one devices Mice, keyboards, modems/routers networking and PC speakers Shredders, streaming devices, phones and Universal Power Supply (UPS battery backup) Mobile phones, GPS devices, MP3 players, digital camcorders and digital cameras “Staples free tech recycling program will help increase the number of electronic products that are safely recycled,” said Mark Buckley, vice president of environmental affairs, Staples. “As a trusted source for office solutions, Staples is making it easy for consumers to responsibly recycle electronics for free every day at our stores. We are excited to work with HP on this initiative as part of our ongoing commitment to environmental sustainability.” Customers can drop off their technology for recycling at the service desk of their local Staples store. Staples will take advantage of its world-class logistics networks to collect the devices and consolidate them at its distribution centers. A certified e-Stewards® and R2 recycler will then arrange to have the materials transported to one of its processing centers. Additional information is available at HP’s and Staples’ websites at www.hp.com/us/go/recycling or http://www.staples.com/recycle. About Staples Staples is the world’s largest office products company and a trusted source for office solutions. The company provides products, services and expertise in office supplies, copy & print, technology, facilities and breakroom, and furniture. Staples invented the office superstore concept in 1986 and now has annual sales of $25 billion, ranking second in the world in eCommerce sales. With 88,000 associates worldwide, Staples operates in 26 countries throughout North and South America, Europe, Asia and Australia, making it easy for businesses of all sizes, and consumers. The company is headquartered outside Boston. More information about Staples (Nasdaq: SPLS) is available at www.staples.com/media. 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. -------------------------------------------------------------------------------- (1) All Staples locations in the continental U.S., except for Staples Copy and Print Shops, participate in this program. (2) Staples does not accept televisions, appliances, alkaline batteries, floor model copiers/printers, large servers, audio/visual equipment or certain other household electronics (kitchen electrics, etc.). There is a limit of six items per customer per day in most states. 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 cost reduction programs and 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 cost reduction programs and restructuring and integration plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2012 and HP's other filings with the Securities and Exchange Commission, including HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2011. 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. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.