NASCAR Speeds Innovation With HP

PALO ALTO, CA -- (Marketwired) -- Jun 21, 2013 -- HP (NYSE: HPQ) today announced it has been selected by NASCAR to help the sports leader develop the technologies needed to deliver the world's best racing infrastructure and organization.

Under the terms of the new agreement, NASCAR has named HP as an Official Technology Partner, underscoring a joint commitment to accelerate innovation and the adoption of cutting-edge technology across the sport of NASCAR. Through this newly formed alliance, NASCAR will build on its collaboration with HP around the Fan and Media Engagement Center (FMEC), which facilitates real-time response to traditional, digital, broadcast and social media.

NASCAR also will become a member of the HP Customer Lighthouse Program, giving it early access to newly developed HP technologies. With early access to HP's complete portfolio of products and services, NASCAR can achieve its goal of leveraging technology to improve the sport of racing.

"Twenty-four-hour news cycles, new content-delivery models and social media are changing the way our fans engage and interact with our sport," said Jim O'Connell, chief sales officer, NASCAR. "Building on the proven track record we have had working together in the growing area of social business with the Fan and Media Engagement Center, NASCAR's deepened relationship with HP will enable us to leverage state-of-the-art technology to catapult the sport of racing to the next level."

HP began working with NASCAR in June 2012 to create the FMEC. Based on the HP Interactive Media Command Center solution, the FMEC features an integrated solution key to their media success. The FMEC leverages HP's broad portfolio of services and products -- including servers, displays, HP Autonomy analytics applications software and managed services. This solution helps NASCAR analyze customer sentiment, identify emerging issues and discover topic trends for instantly actionable insights.

"As the largest spectator sport in the world, NASCAR needs to stay on the cutting edge of technology to innovate and deliver an engaging, fulfilling experience for its fans around the world," said Charles Salameh, vice president - Americas region, Communications, Media and Entertainment Industry, HP. "As the only company that can provide access to such a broad portfolio of products and services, HP will work with NASCAR to help the sport drive -- and accelerate -- innovation."

About NASCAR
The National Association for Stock Car Auto Racing, Inc. (NASCAR) is the sanctioning body for one of North America's premier sports. NASCAR races are broadcast in more than 150 countries and in 20 languages. In the U.S., races are broadcast on FOX, TNT, ABC/ESPN/ESPN2, SPEED and SiriusXM Satellite Radio. NASCAR fans are among the most brand-loyal in all of sports, and as a result more Fortune 100 companies participate in NASCAR than any other sport. NASCAR consists of three national series (NASCAR Sprint Cup Series, NASCAR Nationwide Series and NASCAR Camping World Truck Series), four regional series, and one local grassroots series, as well as two international series. Also part of NASCAR is Grand-Am Road Racing, known for its competition on road courses with multiple classes of cars. NASCAR sanctions more than 1,200 races at 100 tracks in more than 30 U.S. states, Canada and Mexico. Based in Daytona Beach, Fla., NASCAR has offices in eight cities across North America. The next NASCAR Sprint Cup Series race, the Daytona 500, will air February 24 on FOX. For more information and a complete schedule, visit www.nascar.com. Follow NASCAR on www.facebook.com/NASCAR or on Twitter: @NASCAR.

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.

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, market share or competitive performance 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 the need to address the many challenges facing HP's businesses; the competitive pressures faced by HP's businesses; risks associated with executing HP's strategy; the impact of macroeconomic and geopolitical trends and events; the need to manage third party suppliers and the distribution of HP's products and services effectively; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; risks associated with HP's international operations; 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 suppliers, customers and partners; the hiring and retention of key employees; integration and other risks associated with business combination and investment transactions; the execution, timing and results of restructuring plans, including estimates and assumptions related to the cost and the anticipated benefits of implementing those 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 April 30, 2013 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, 2012. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2013 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.

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