Compaq Partners To Pilot Launch EXAMTXT

Compaq Partners To Pilot Launch Examtxt

For immediate release 26 November 2001

COMPAQ PARTNERS WITH THE HYPERFACTORY AND WAIKATO INSTITUTE OF TECHNOLOGY TO PILOT LAUNCH EXAMTXT

AUCKLAND, November 26, 2001 - Compaq Computer New Zealand is pleased to announce their partnership with The Hyperfactory and the Launch Pad team at Vodafone to enable Students at Waikato Institute of Technology to access their exam results via SMS messaging.

The EXAMTXT service, a patent pending application developed by The Hyperfactory, is a New Zealand first and will be piloted following the summer school exams at Waikato Institute of Technology. To use the service students will text the service giving both their course code and the student ID. The exam results will then be sent back to them.

Ken Erskine, Director Corporate Communications and Education, Compaq said he was delighted to see SMS being used to provide exam results for the students at Waikato Institute of Technology. "It's a great practical application for this technology."

"We are very excited to be working with a progressive tertiary institute such as Waikato Institute of Technology and its' IT team headed by Glen Willoughby, and to be supported by partners like Compaq and Vodafone further enhances our commitment to delivering timely, relevant leading edge mobile applications" said Geoffrey Handley, Business Development Director, The Hyperfactory.

The Hyperfactory develops innovative wireless solutions for SMS and WAP technologies. It is focused on developing unique services for the global internet and mobile internet market and with assistance from KiwiStartUp.net, will implement several leading edge mobile-internet solutions to the New Zealand market shortly.

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Company Background Founded in 1982, Compaq Computer Corporation ("Compaq") is a leading global provider of enterprise technology and solutions. Compaq designs, develops, manufactures and markets hardware, software, solutions and services, including industry-leading enterprise storage and computing solutions, fault-tolerant business-critical solutions, communication products, and desktop and portable personal computers that are sold in more than 200 countries. Information on Compaq and its products and services is available at www.compaq.co.nz

This press release may contain forward-looking statements that involve risks, uncertainties and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the possibility that the Hewlett-Packard/Compaq merger does not close or that the companies may be required to modify aspects of the transaction to achieve regulatory approval or that prior to the closing of the proposed merger, the businesses of the companies suffer due to uncertainty; the market for the sale of certain products and services may not develop as expected; that development of these products and services may not proceed as planned; that Compaq and Hewlett-Packard are unable to transition customers, successfully execute their integration strategies, or achieve planned synergies; other risks that are described from time to time in Compaq and Hewlett-Packard's Securities and Exchange Commission reports (including but not limited to Compaq's annual report on Form 10-K for the year ended December 31, 2000, HP's annual report on Form 10-K for the year ended October 31, 2000, and subsequently filed reports). If any of these risks or uncertainties materialises or any of these assumptions proves incorrect, Compaq's results could differ materially from Compaq's expectations in these statements. Compaq assumes no obligation and does not intend to update these forward-looking statements.

For media enquiries contact: Pamela Bonney Public Relations Manager Compaq Computer NZ phone 09-918-9278 mobile 021-914-990 email pamela.bonney@compaq.com

Kirsten Blanchard Senior Manager - Client Service Consultus New Zealand phone 09-913-1824 mobile 025-347-977 email kblanchard@consultus.co.nz

Geoffrey Handley Business Development Director The Hyperfactory www.theHyperfactory.com Phone 09-358-2823 Mobile 021-617-056 Email Geoffrey@thehyperfactory.com

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