HP Inc. Creates HP Tech Venture Group

HP Inc. Creates HP Tech Venture Group

Palo Alto, Calif., and Tel Aviv, Israel, May 10, 2016 HP Inc. (NYSE: HPQ) today announced the launch of HP Tech Ventures, a new corporate venture arm, targeting early stage companies with cutting edge technologies. Find out more at the HP Tech Ventures website: http://techventures.hp.com.

Operating across teams in Palo Alto, Calif., and Tel Aviv, Israel, HP Tech Ventures will pursue strategic investments and partnerships in disruptive technology areas, including: 3D transformation, immersive computing, hyper-mobility, Internet of Things, artificial intelligence, and smart machines.

The next technology revolution is shifting towards strategic markets that speak to HP's strengths, said Shane Wall, HP Chief Technology Officer and head of HP Labs. With our global brand and broad reach into consumer and commercial markets worldwide, HP can help startups bring product to market, build their business and scale in the global marketplace as they grow.

HP Tech Ventures offers the combined experience of more than 75 years of innovation and technology backed by more than 18,000 global patents to entrepreneurs around the globe. The company adds value to strategic investment partners by leveraging its world-class technology network, its channel and distribution partners, as well as manufacturing and supply chain relationships to help startups gain a foothold and scale quickly.

HP Tech Ventures is building strategic relationships with the venture community to help foster an ecosystem of innovation. The HP Tech Ventures group reports into Shane Wall and is led by HP Chief Disrupter, Andrew Bolwell.

This document 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 the expected benefits and costs of the transaction; the expected timing of the completion of the transaction; the ability to complete the transaction considering the various closing conditions, including those conditions related to regulatory approvals and Unisplendour shareholder vote; 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; that the transaction may not be timely completed, if at all; that, prior to the completion of the transaction, the new H3C business may not perform as expected due to transaction-related uncertainty or other factors; that the parties are unable to successfully implement integration strategies; 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, 2014 and HPs Quarterly Report on Form 10-Q for its fiscal quarter ended January 31, 2015. HP assumes no obligation and does not intend to update these forward-looking statements.

2016 HP Inc. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.

LINK:	http://www8.hp.com/us/en/hp-news/press-release.html?id=2239566...
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