HP Inc. Announces Largest Customer Deal in HP Indigo History

HP Inc. Announces Largest Customer Deal in HP Indigo HistoryShutterfly signs for 25 HP Indigo 12000 Digital Presses to capture 2016 holiday peak season production demands

D SSELDORF, Germany, June 2, 2016 HP Inc. today announced that Shutterfly, the leading manufacturer and digital retailer of high-quality personalized products and services, has leased 25 new HP Indigo 12000 Digital Presses, marking the largest customer installation in HP Indigo history.

HP and Shutterfly officials disclosed the agreement during the drupa 2016 tradeshow in D sseldorf, where the HP Indigo 12000 Digital Press is making its worldwide debut in HP Hall 17. Shutterfly is shifting production to its new HP Indigo 12000 fleet, and installation of the new presses will take place in summer 2016 to ensure the company is prepared for peak holiday season production of photo-specialty applications, such as custom photobooks, greeting cards and calendars.

Shutterfly has collaborated with HP for the better part of a decade, first as an early HP Indigo adopter and having since grown our business with HP in line with their steadfast innovation in the photo-specialty market, said Dwayne Black, senior vice president and chief operations officer, Shutterfly Inc. This latest installation of an HP Indigo 12000 fleet will help Shutterfly continue to deliver innovative, personalized web-to-print product offerings to our customers.

Preparing for peak holiday production with a new fleet of HP Indigo 12000's

The holiday season is Shutterfly's most demanding production period and the most vital to the company's success and bottom line. To prepare for this peak in demand as well as capture new customers, the company sees it as mission-critical to have the right production engine in place to manage the annual boom of photo-based gift-giving around major holidays.

With its new HP Indigo 12000 Digital Press fleet, Shutterfly can handle the significantly increased volume of photo-specialty jobs and take advantage of the most recent HP Indigo innovations, including improved color accuracy and consistency. Shutterfly can also increase productivity and automation by utilizing the new press' larger print format, efficient workflow and automation tools equipped to handle thousands of jobs per day.

HP and Shutterfly have a like-minded determination to deliver the very best in quality standards for photo applications that often become long-lasting memories and keepsakes, said Mike Salfity, general manager and global head, Graphics Solutions Business, HP Inc. We look forward to working with Shutterfly and delivering the right technology at the right time to help our customers meet mission-critical production demands

To take full advantage of their expanded digital B2 production line, Shutterfly is also adopting three Horizon SmartStackers, which provide automated cutting, trimming, collating, and stacking for faster job turnaround, reduced waste and fewer errors.

This smart sheet processing system is designed to be integrated in-line or near-line with the HP Indigo 12000 Digital Press for the production of photo-specially applications the company has in mind for its new fleet. The Horizon SmartStacker is demonstrated in-line with the HP Indigo 12000 Digital Press at drupa in HP's Hall 17.

HP Financial Services helped Shutterfly develop a flexible investment strategy to acquire the HP technology they required on terms that work for their business. 1

Visit the HP drupa 2016 online press kit for more information and to follow HP's drupa news. More information about the latest HP commercial printing solutions is available at www.hp.com/go/graphic-arts. HP drupa updates and videos are available on Facebook, Twitter, YouTube and LinkedIn, and by using the #ReinventPossibilities hashtag.

Financing and service offerings available through Hewlett-Packard Financial Services Company and its subsidiaries and affiliates (collectively HPFSC) in certain countries and is subject to credit approval and execution of standard HPFSC documentation. Rates and terms are based on customer's credit rating, offering types, services and/or equipment type and options. Not all customers may qualify. Not all services or offers are available in all countries. Other restrictions may apply. HPFSC reserves the right to change or cancel this program at any time without notice.

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements 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 any statements of expectation or belief and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the possibility that expected benefits may not materialize as expected and other risks that are described in HPs Securities and Exchange Commission reports, including, but not limited to, the risks described in HPs Annual Report on Form 10-K for its fiscal year ended October 31, 2015 and HPs Quarterly Report on Form 10-Q for its fiscal quarter ended January 31, 2016. HP assumes no obligation and does not intend to update these forward-looking statements.

HP Inc. creates technology that makes life better for everyone, everywhere. Through our portfolio of printers, PCs, mobile devices, solutions, and services, we engineer experiences that amaze. More information about HP (NYSE: HPQ) is available at http://www.hp.com.

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LINK:	http://www8.hp.com/us/en/hp-news/press-release.html?id=2260707...
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