HP Licenses Technology to Create Nanoscale Electronic Devices

PALO ALTO, Calif.—(BUSINESS WIRE)—May 1, 2007— HP (NYSE: HPQ) today announced that it is beginning to reap returns from its 10-year investment in nanoscale electronics with the licensing of technology that could enable the fabrication of semiconductor chips significantly more powerful than those available today.

The technology involves a process called nanoimprint lithography (NIL) - a method of literally stamping out patterns of wires less than 50 atoms wide on a substrate. HP Labs researchers have created patented NIL technology, which has enabled the fabrication of laboratory prototype circuits with wire widths of 15 nanometers - about one-third the dimension of the features in the most advanced circuits that will be commercially available this year.

Once the NIL "master" is created, copies can be stamped out quickly and inexpensively, like manufacturing CDs or phonograph records. The patterns are then filled in with metals for the wires.

HP has licensed the technology to Nanolithosolutions, Inc., of Carlsbad, Calif., which has developed a tool based on HP's technology. The tool consists of a module that fits into a mask aligner. The module is used to create the patterns for wires and transistors on a substrate. The tool is simple and inexpensive to use and turns commonly available mask aligners into high-resolution NIL machines. The technology is also being offered to others through HP's Intellectual Property Licensing organization.

"By building on HP's extensive research in nanoimprint lithography, we believe we have a tool that will enable reliable, repeatable processes for exploring biochips, photonics chips and many other applications," said Bo Pi, chief executive officer, Nanolithosolutions. "We believe this will be an extremely useful tool for academic and commercial users worldwide because it will be about a tenth the cost of current technology."

Nanolithosolutions was created by Pi and Yong Chen, a UCLA professor and former member of HP Labs. HP also has an equity stake in the company. Further details of the arrangements were not disclosed.

"Because HP and other companies need unique tools to conduct nanoscale research and development, we created the underlying technology that makes this tool possible," said Stan Williams, HP Senior Fellow and director, Quantum Science Research, HP Labs. "But we rely on innovative companies like Nanolithosolutions to do the additional engineering necessary to make user-friendly tools commercially available. This will help create future generations of chips that will go beyond the capabilities of today's fabrication technologies at an affordable cost."

HP encourages others to leverage its vast research and development network and portfolio of nearly 30,000 patents and quickly bring new technologies to market through intellectual property licensing agreements. These agreements also enable HP to generate a return on its R&D investment through licensing fees and royalties. More information on HP's intellectual property licensing program is available at www.hp.com/hpinfo/abouthp/iplicensing/.

About HP

HP focuses on simplifying technology experiences for all of its customers - from individual consumers to the largest businesses. With a portfolio that spans printing, personal computing, software, services and IT infrastructure, HP is among the world's largest IT companies, with revenue totaling $94.1 billion for the four fiscal quarters ended Jan. 31, 2007. More information about HP is available at www.hp.com.

Note to editors: More news from HP, including links to RSS feeds, is available at www.hp.com/hpinfo/newsroom/.

This news release contains forward-looking statements that 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 but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the achievement of expected results and other risks that are described from time to time in HP's Securities and Exchange Commission reports, including but not limited to the risks described in HP's Quarterly Report on Form 10-Q for the fiscal quarter ended Jan. 31, 2007. HP assumes no obligation and does not intend to update these forward-looking statements.

(C) 2007 Hewlett-Packard Development Company, L.P. 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.


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