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Technology Stocks : Compaq

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To: hlpinout who wrote (46406)2/16/2000 6:51:00 AM
From: hlpinout   of 97611
 
COMPAQ: Compaq enterprise servers unique Internet server for small
business; Jump starting ebusiness for half the price of a traditional solution
Internet server

Story Filed: Tuesday, February 15, 2000 1:55 PM EST

FEB 15, 2000, M2 Communications - Delivering everything small business customers need to build,
manage and grow an Internet infrastructure optimised for eBusiness, Compaq today announced two
new additions to its NeoServer line. The NeoServer 150 Standard Model and Internet Plus Model,
and packaged service offerings called CarePaqs, are available with every server, and provide small
businesses with an innovative, scalable, fully supported solution to get on the Internet and build their
first network.

Hugh Bishop, chairman of Meteorite, a small London-based marketing communications agency
commented, "I no longer have to be preoccupied with keeping my network up and running. The
Compaq NeoServer has made my business much easier to manage and has let me concentrate on
the important business issues rather than the technical. To a small business this is of paramount
importance."

"The new NeoServers and CarePaqs will help small businesses leverage the Internet and run their
eBusiness," commented Mike Johnston, general manager of Compaq's server business. He
continued, "Whether you set up the NeoServer yourself, or would like some help, we can network
and Internet-enable your office for about half the cost of traditional servers. Take an office with no
network printing, no shared files, no email, no Internet access; we can remedy this by installing the
NeoServer in under one day."

Benefits to Small Business Customers

The new Compaq NeoServer product and service offerings provide small businesses with the
easiest way to get to the Internet or build their first network. Specific benefits include: Leverages the
power of the Internet - The NeoServer 150 provides eCommerce capabilities, Internet access and
local and Internet email all included in one easy to use package. Easy to Purchase, Setup & Use -
Customer choice model allows them to buy wherever and however they want. The integrated
hardware and software solution and NeoServer Control Center (GUI Interface) makes NeoServer
easy to set up and use. Saves time and money - The same features that make the NeoServer 150
easy to setup and use, also save the customer time and money from point of purchase throughout the
product lifecycle, offering affordable prices and leasing options starting under UKP40 per month.
For additional information, please go to: compaq.co.uk Confidence in Compaq - No
other appliance product on the market today provides the testing, reliability and stability that the
NeoServer has. Pricing for the NeoServer 150 Standard Model is UKP839, Internet Plus (56k)
Model UKP959 and Internet Plus (ISDN) Model UKP1,079 excluding VAT.

Company Background

Compaq is the second largest computer company in the world and a leading provider of hardware,
software, solutions and services to provide customers with competitive business advantage in today's
Non-Stop eBusiness world.

Compaq was established in the UK in 1984 and is headquartered in Richmond, Surrey. Its products
and services are sold and supported through a network of marketing partners across the UK.

Customer advice, reseller locations and information about Compaq and its products can be found at
compaq.co.uk or by calling the Compaq Call Centre on 0845 270 4000. This is the
Compaq UK telephone number for publication (all clients are charged at local rates).

This release contains forward-looking statements based on current expectations that involve a
number of risks and uncertainties. The potential risks and uncertainties that could cause actual results
to differ materially include the failure to close the contemplated transaction with Inacom; failure of
systems associated with order fulfillment; the failure to close certain contemplated sales; changes in
product mix; inventory risks due to shifts in market demand; continued competitive factors and
pricing pressures; and market responses to pricing actions and promotional programs. Further
information on the factors that could affect Compaq's financial results are included in its SEC filings,
including the annual report on Form 10-K for the year ended December 31, 1998, and the latest
quarterly report on Form 10-Q.

Copyright 1994-2000 M2 COMMUNICATIONS LTD
CONTACT: Joanna Burton, Firefly
Tel: +44 (0)207 386 1423
e-mail: jburton@firefly.
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