Tuesday November 10, 11:38 am Eastern Time
Company Press Release
Compaq Cuts Prices Up to 17% on Popular and Powerful Presario Internet PCs
Some Models up to 211% Faster Than Competition
HOUSTON--(BUSINESS WIRE)--Nov. 10, 1998--Committed to offering the best value to consumers this holiday season, Compaq Computer Corporation today announced price cuts of up to 17 percent on some of its most popular Presario Internet PCs sold in the U.S.(1) Two of the models -- the Presario 5050 and 5150 -- which are up to 11 percent lower than similarly configured HP Pavilion models, yet deliver up to 211 percent better performance, now deliver an even greater value.
The prices below reflect a $100 mail-in rebate offered on new Presario desktop models when users sign up for a Compaq Easy Internet Access free trial.(2) Consumers can save even more, up to $100 cash back, beginning November 11, when they purchase a complete Compaq-branded home computing system (computer, monitor and Compaq color inkjet printer).(3)
Desktop Model Old Price(2) New Price(2) Percentage Reduction Presario 5050 $ 999(2) $899(2) 10% Presario 5150 $1,199(2) $999(2) 17% Presario 5170 $1,499(2) $1,299(2) 13% Presario 5660 $2,199(2) $1,999(2) 9%
These price changes and recent competitive benchmark testing underscore Compaq's leadership in delivering the best value, performance and technology in the sub-$1000 category. For example, the Compaq Presario 5150 recently outperformed the similarly configured HP Pavilion 6360 in industry standard tests(4), which is 10% higher priced.
Compaq Performance Advantage 48% 82% 130% 211%
Winstone 98 Norton High-End Business Multimedia Graphics Graphics Benchmark WinMark 98 WinMark 98 Compaq Presario 5150 22.4 22.6 190.0 160.0 HP Pavilion 6360 15.1 12.4 82.5 51.4
Recent benchmarking tests also show the Compaq Presario 5050 outperforms the HP Pavilion 6350, which is 11% higher priced, in Internet, multimedia and 3D graphics performance by up to 115 percent.(5)
Compaq Performance Advantage 82% 83% 115%
JMark 2.0 Norton WinBench 98 Multimedia Benchmark Compaq Presario 5050 599.0 27.2 131.0 HP Pavilion 6350 328.0 14.8 60.7
For more details on this announcement or Compaq Presario products, please visit Compaq's Web site at compaq.com.
Company Background: Founded in 1982, Compaq Computer Corporation is a Fortune Global 100 company. Compaq is the second largest computer company in the world and the largest global supplier of personal computers. For more corporate information, see: compaq.com.
Note to Editors: Compaq, Registered U.S. Patent and Trademark Office. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies.
For further editorial information, contact:
Compaq Computer Corporation Hedy Baker 281-514-0484 hedy.baker@compaq.com
Shandwick International Simone Skretvedt 314-552-6708 sskretve@shandwick.com
(1) Compaq prices and price reductions shown herein are based on estimated U.S. retail prices. Actual reseller prices may vary.
(2) Prices shown after application of $100 mail-in rebate offer valid with activation of 50-hour free trial of Compaq Easy Internet Access from Compaq Internet Setup. The 50 hours must be used within 30 days from initial set-up. A valid credit card is required in order to initiate the service although no charges will be incurred until the 50-hour trial has expired. There is no obligation to continue with the service once the 50-hour free trial has expired. If users choose to continue with the service after the free trail has expired, a $19.95 per month fee will be charged. If you do not have a major credit card or GTE does not provide local service to your area, please call 1-800-322-9435 for rebate options. Rebate offer is valid only in the USA, US Territories and US Military Bases and expires 4/30/99.
(3) Compaq Choose a Champion Holiday mail-in rebate offer valid only with combined purchase of eligible Compaq Presario PCs, monitors and printers, 11/11/98 - 12/8/98. See stores for more details or call 1-800-322-9435.
(4) Winstone(R) 98 is a system-level, application-based benchmark that measures a PC's overall performance when running today's top-selling Windows-based 32-bit applications. Norton Multimedia Benchmark measures a PC's video, 3D, audio, CD-ROM, and imaging performance when running today's top-selling Windows(R)-based applications. Ziff-Davis Graphics WinBench(R) 98 is a subsystem-level benchmark that measures the performance of a PC's graphics subsystem in a Windows(R) environment. This test was run comparing a Compaq Presario 5150 with K62-350 processor, 128MB RAM, 8GB hard drive, 32X CD-ROM, and 56K modem to a Hewlett-Packard Pavilion 6360 as configured at retail with K6-2 366MHz processor, 64MB RAM, 9.6GB hard drive, 24X CD-ROM, and 56K modem. System performance can vary with different configurations. These tests were performed without independent verification by Symantec and Ziff-Davis. Results are based on Compaq in-house testing. Pricing on HP6350 was $1,099 on 11/4/98 at various retail locations.
(5) Ziff-Davis Jmark 2.0(TM) measures a PC's performance when running Java applications over the Internet. Norton Multimedia Benchmark measures a PC's video, 3D, audio, CD-ROM, and imaging performance when running today's top selling Windows(R)-based applications. Ziff-Davis Graphics WinBench(R) 98 is a subsystem-level benchmark that measures the performance of a PC's graphics subsystem in a Windows(R) environment. This test was run comparing a Compaq Presario 5050 with Celeron II-333MHz processor, 96MB RAM, 8GB hard drive, 32X CD-ROM, and 56K modem to a Hewlett-Packard Pavilion 6350 as configured at retail with K6-2/333MHz processor, 64MB RAM, 8GB hard drive, 24X CD-ROM, and 56K modem. System performance can vary with different configurations these tests were performed without independent verification by Symantec and Ziff-Davis. Results are based on Compaq in-house testing. Pricing on HP6350 was $999 on 11/4/98 at various retail locations.
|