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Packard Hospital to Receive $1 Million in Grants from HP and Hewlett-Packard Company Foundation

PALO ALTO, Calif. – HP and the Lucile Packard Children’s Hospital today announced the pediatric care facility will receive HP technology valued at nearly $580,000 to enhance the quality of life of critically ill patients and their families.

In addition, the Hewlett-Packard Company Foundation has provided a cash grant of $500,000 to jumpstart a progressive research project that will bring together renowned leaders in quality, safety and bioinformatics to achieve faster, safer and personalized patient care.

“These grants will help us advance pediatric safety and quality, empowering Packard Children’s to better achieve our mission of caring for children and expectant mothers,” said Christopher Dawes, president and CEO. “We are excited to come together with HP in an exchange of knowledge and technology to address critical children’s health problems in Silicon Valley and around the world.”

More than 500 units of high-performance HP equipment — ranging from notebook and desktop PCs and monitors to HP LaserJet printers — will support the hospital’s Clinical Transformation Program in multiple inpatient and outpatient areas. These include critical surgical and intensive care functions and the implementation of a comprehensive health record system.

HP notebooks also will be available to parents with children on extended stays so that they can stay connected to their relatives and jobs. Critically ill patients who are restricted to their rooms because of weakened immune systems also will have access to HP notebooks.

The one-year interdisciplinary research project funded by the HP Company Foundation grant will bring together clinicians and researchers from Lucile Packard Children’s Hospital and researchers from HP Labs and HP Life Sciences.

“This is a great opportunity for us to build on our near two decade-long partnership with Lucile Packard Children’s Hospital,” said Marcela Perez de Alonso, chair, HP Company Foundation. “It is also a welcome engagement in innovation that will make a difference in the future of children’s healthcare.”

About Lucile Packard Children’s Hospital

Ranked as one of the nation’s top 10 pediatric hospitals by U.S. News & World Report, Lucile Packard Children’s Hospital at Stanford is a 264-bed hospital devoted to the care of children and expectant mothers. Providing pediatric and obstetric medical and surgical services and associated with the Stanford University School of Medicine, Packard Children’s offers patients locally, regionally and nationally a full range of health care programs and services – from preventive and routine care to the diagnosis and treatment of serious illness and injury. For more information, visit www.lpch.org.

About HP

HP focuses on simplifying technology experiences for all of its customers — from individual consumers to the largest businesses. With a portfolio that spans printing, personal computing, software, services and IT infrastructure, HP is among the world’s largest IT companies, with revenue totaling $104.3 billion for the four fiscal quarters ended Oct. 31, 2007. More information about HP (NYSE: HPQ) is available at www.hp.com.