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HP Reinvents the Desktop PC for the Home

The HP Pavilion and Stream Mini Desktops Are Small, Stylish Desktop PCs Packed With Power

PALO ALTO, CA--(Marketwired - Jan 5, 2015) - HP (NYSE: HPQ) today announced the HP Pavilion Mini Desktop and the HP Stream Mini Desktop, powerful and smart desktop PCs boosting performance in a small, contemporary, and energy-efficient design that looks beautiful in any room in the home.

"The desktop tower PC continues to be a focal point in the home for sharing, creating, and entertaining," said Mike Nash, vice president, product management, Consumer Personal Systems, HP. "The HP Pavilion and HP Stream Mini Desktops deliver the benefits of a traditional desktop PC in a package that looks good sitting on a desk and is small enough to fit into an entertainment center."

Mighty Powerhouse, Compact Design
Consumers want a powerful and refined desktop PC to complement their personal style and homes without creating more clutter while maintaining a designated place for friends and families to come together to share, create, and be entertained. At only 2.06 inches in height and weighing just 1.6 lbs.,(1) the HP Pavilion Mini Desktop can fit in the palm of a hand. It maximizes productivity enabled by Windows 8.1(2) and supports processors up to Intel® Core™ i3.(3) Customers can store and connect to more videos and photos with up to 1 TB storage (4) and up to 8 GB of expandable memory.(5) Consumers can also immerse themselves in casual gaming and entertainment using the dual display support with DisplayPort and HDMI compatible ports, giving them the ability to stream and access content on multiple screens, including TV with Quad HD support.

The HP Pavilion Mini Desktop is ENERGY STAR® certified, drawing up to 45 watts of power compared to 250 watts for a typical tower PC. Built-in Wi-Fi(6) and Bluetooth® allow customers to stream content from any room they choose and connect with Bluetooth accessories. With the decline use of optical DVD media in a more connected digital world, the HP Pavilion Mini Desktop does not include an optical drive. External USB optical drive can be used through any of the four USB ports. The HP Pavilion Mini Desktop comes in Snow White to effortlessly complement home décor.

Joining the innovative line of HP Stream products is the HP Stream Mini Desktop, providing unsurpassed value in the same small and powerful package as the HP Pavilion Mini Desktop. The HP Stream Mini Desktop comes with value-added services including 32 GB solid-state drive (SSD) for speed and reliability, 200 GB of Microsoft OneDrive Storage for two years,(7) and a $25 gift card for the Windows Store to purchase apps, Xbox games, music and more.(8) The HP Stream Mini Desktop comes in a vibrant Cobalt Blue to match the stunning colors offered in the HP Stream family.

Pricing and Availability(9)
The HP Pavilion Mini Desktop and HP Stream Mini Desktop are expected to be available in the United States on Jan. 14, 2015 at www.hpshopping.com, and select retailers on Feb. 8, 2015. Both come bundled with keyboard and mouse.

  • The HP Pavilion Mini Desktop starting price of $319.99 includes Intel Pentium 3558U processor, 4 GB RAM and a 500 GB Hard Disk Drive (HDD).

  • The HP Stream Mini Desktop starting price of $179.99 includes Intel Celeron 2957U processor, 2 GB RAM and a 32 GB SSD.

About HP
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. With the broadest technology portfolio spanning printing, personal systems, software, services and IT infrastructure, HP delivers solutions for customers' most complex challenges in every region of the world. More information about HP is available at http://www.hp.com.

(1) Actual weight will vary by configuration.
(2) Not all features are available in all editions or versions of Windows. Systems may require upgraded and/or separately purchased hardware, drivers and/or software to take full advantage of Windows functionality. See http://www.microsoft.com.
(3) Intel's numbering is not a measurement of higher performance.
(4) For hard drives, TB = 1 trillion bytes. Actual formatted capacity is less. Up to 30GB of hard drive is reserved for system recovery software.
(5) For hard drives, GB = 1 billion bytes. Actual formatted capacity is less. Up to 30GB of hard drive is reserved for system recovery software.
(6) Wireless access point and Internet service required and not included.
(7) The OneDrive free cloud storage offer is available for a limited time. Check the activation card inside the package for details. For more information, go to http://onedrive.com/windowsoffer.
(8) Limited Time Offer and available in select countries. To redeem, visit www.Microsoft.com/HPStream for information on the offer, availability, and terms. Internet service required and not included. Microsoft account required to install apps from the Windows Store. Gift card included with purchase. Restrictions apply.
(9) Estimated U.S. street prices. Actual prices may vary.

© Copyright 2014 Hewlett-Packard Development Company, L.P.
Intel and Intel Core are trademarks of Intel Corporation in the U.S. and other countries.
Microsoft and Windows are U.S. registered trademarks of Microsoft Corporation.
ENERGY STAR and the ENERGY STAR mark are registered trademarks owned by the U.S. Environmental Protection Agency.
Bluetooth is a trademark owned by its proprietor and use by Hewlett-Packard Company under license.

Forward-looking statements
This presentation contains forward-looking statements that involve risks, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of HP may 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 any projections of revenue, margins, expenses, effective tax rates, net earnings, net earnings per share, cash flows, benefit plan funding, share repurchases, currency exchange rates or other financial items; any projections of the amount, timing or impact of cost savings or restructuring charges; any statements of the plans, strategies and objectives of management for future operations, including the previously announced separation transaction and the future performances of the post-separation companies if the separation is completed, as well as the execution of restructuring plans and any resulting cost savings or revenue or profitability improvements; any statements concerning the expected development, performance, market share or competitive performance relating to products or services; any statements regarding current or future macroeconomic trends or events and the impact of those trends and events on HP and its financial performance; any statements regarding pending investigations, claims or disputes; 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, including the planned separation transaction; the impact of macroeconomic and geopolitical trends and events; the need to manage third-party suppliers and the distribution of HP's products and the delivery of HP's 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 the separation transaction or restructuring plans, including estimates and assumptions related to the cost (including any possible disruption to HP's business) and the anticipated benefits of implementing the separation transaction and restructuring plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2013 and HP's other filings with the Securities and Exchange Commission, including HP's Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2014. As in prior periods, the financial information set forth in this release, including tax-related items, reflects estimates based on information available at this time. While HP believes these estimates to be reasonable, these amounts could differ materially from reported amounts in HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2014. In particular, determining HP's tax balances and provisions as of October 31, 2014 requires extensive internal and external review of tax data (including consolidating and reviewing the tax provisions of numerous domestic and foreign entities), which is being completed in the ordinary course of preparing HP's Annual Report on Form 10-K. HP assumes no obligation and does not intend to update these forward-looking statements.

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