HP Empowers Customers to Print Responsibly With New

PALO ALTO, CA--(Marketwired - Apr 16, 2013) - HP ( NYSE : HPQ ) today announced new products and expanded solutions that enable printing customers to reduce their environmental impact while benefitting from the quality and reliability of Original HP printing supplies.

The new offerings include a complete line of sustainably sourced papers and the addition of Office Depot as HP's newest retail recycling ally.

An industry leader in the shift to more environmentally sustainable printing, HP is leveraging key relationships with manufacturing, retail and nongovernmental organization (NGO) partners to provide customers with products and solutions designed with the environment in mind -- from design and manufacturing to use and recycling.

"Our customers want printing solutions that offer quality and reliability, with proven environmental performance," said Annukka Dickens, director, Americas Environmental Leadership Team, HP. "HP's approach includes innovative and environmentally sustainable product design, and free and easy return and recycling to help customers reach their sustainability goals."

100 percent of HP Everyday Office Papers now FSC-certified ⁽¹⁾ The HP Everyday Paper line in North America is now certified by the Forest Stewardship Council (FSC), making HP one of the region's first major original equipment manufacturer (OEM) office paper brands ⁽²⁾ to offer a complete portfolio of papers that is entirely FSC certified. This North American certification joins HP's existing FSC certified portfolio in Latin America.

HP is working in collaboration with long-time ally International Paper Company (IPC) to use fiber from responsibly managed forests. More than 40 percent of HP's total tonnage worldwide is now FSC-certified and/or contains at least 30 percent post-consumer waste. HP's goal is that 50 percent or more of HP-branded paper will be FSC-certified or have at least 30 percent post-consumer waste content by the end of 2015.

The FSC has earned a global reputation as one of the most rigorous and credible independent certification standards available for ensuring that products come from responsibly managed forests. The overall mission of the FSC is to meet this generation's need for forest products without compromising the health of the world's forests for future generations.

Expanded recycling options for customers HP's industry-leading cartridge return and recycling program, HP Planet Partners , enables customers to responsibly recycle used Original HP cartridges, and empowers them to play a key role in the effectiveness of the company's "closed loop" plastics recycling process.

With a mission to ensure easy supplies' recycling for global customers, HP now offers the convenient and free HP Planet Partners recycling program in 56 countries and territories, allowing customers around the world to return used HP cartridges by simply visiting www.hp.com/recycle or HP Authorized Retail Collection locations to return used HP cartridges.

To date, HP customers worldwide have recycled more than half a billion HP ink and LaserJet toner cartridges with HP Planet Partners. ⁽³⁾ Through this and other efforts, HP aims to recycle 3.5 billion pounds of electronic products and supplies by the end of 2015.

Collaborating with retailers such as Office Depot, Office Max, Staples and Walmart, HP is expanding its cartridge collection network, which is anticipated to include more than 9,000 retail outlets worldwide. Office Depot, in its inaugural year supporting HP's Planet Partner efforts, will offer HP ink recycling in more than 1,100 stores across the United States. Staples has supported HP recycling efforts for more than five years and expanded in 2012 to include hardware recycling across North America. Together, HP and Staples have collected more than 40 million pounds of ink and toner cartridges and hardware for recycling. Walmart brings the largest network of retail drop-off locations with more than 3,500 stores.

Measuring recycling results by the billions HP's groundbreaking "closed loop" plastics recycling process uses plastic from recycled Original HP ink and toner cartridges and other post-consumer sources to create new Original HP cartridges. To date, HP has used more than 118 million pounds of recycled content -- keeping 280 million cartridges ⁽³⁾ and a milestone of 2 billion post-consumer plastic bottles out of landfills.

In addition, when compared to new (or virgin) plastic, the recycled plastic used in HP ink cartridges produced in 2010 and beyond has up to an estimated 33 percent smaller carbon footprint than virgin plastic in Original HP ink cartridges -- even when accounting for the impact associated with collecting, transporting and processing used cartridges and plastic bottles. Plus, this plastic is estimated to reduce total water used by up to 89 percent. ⁽⁴⁾

HP uses recycled materials extensively in packaging, including recycled content paperboard, corrugated cardboard and recycled plastic. ⁽³⁾ As the world's largest provider of information technology (IT) infrastructure, software, services and solutions, HP is in a unique position to respond to the challenge of reducing energy use and waste. HP sees unprecedented opportunities to transform the way the world lives and works while helping its customers thrive.

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⁾ HP papers certified under FSC C0175432011. ⁽²⁾ According to NPD data 2012 ( www.npd.com ). ⁽³⁾ Based on internal HP data. ⁽⁴⁾ For cartridges produced in 2010 and beyond. Based on a 2010 life-cycle assessment (LCA) performed by Four Elements Consulting and commissioned by HP. The study compared the environmental impact of using polyethylene terephthalate plastic (PET) with the environmental impact of using recycled PET to manufacture new Original HP cartridges. Details are available at www.hp.com/go/RecycledPlasticsLCA . Amount collected since beginning of respective programs.

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 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; assumptions related to pension and other post-retirement costs and retirement programs; 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 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.