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HP Recognized by Industry Week Magazine for Molecular Electronics


PALO ALTO, Calif., Nov. 13, 2002

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HP (NYSE:HPQ) today was named a winner in IndustryWeek's 10th annual Technology and Innovation Awards program. The editors of the leading manufacturing management magazine have selected HP Labs' achievements in molecular electronics as one of the seven Technologies of the Year for 2002. A complete list of the winners and a profile of each winning technology are featured in IndustryWeek's December 2002 issue and at http://www.industryweek.com/.

The Quantum Science Research (QSR) lab in HP Labs has achieved important results and been granted key patents in techniques that could make practical the fabrication of molecular-scale electronic devices.

"I'm delighted by this recognition from IndustryWeek," said R. Stanley Williams, HP Fellow and director, QSR. "The credit goes to the entire QSR team, which has shown such creativity and diligence in producing advances in molecular electronics."

To select the winners, IndustryWeek editors solicited reader nominations for a judging process designed to recognize outstanding achievement in technology, said Patricia Panchak, editor-in-chief. To be eligible, candidate technologies must relate in a significant way to accomplishments and achievements in the current year.

Winners of the magazine's Technology and Innovation Awards span the entire range of science and engineering. The editors seek developments that show great potential for redirecting business opportunities and creating new growth in the manufacturing world.

Represented among the winners are software and hardware solutions for manufacturing, new computer-aided systems for management decision-making, R&D developments and the potential for creating new industries, and commercial products that represent bellwethers for fundamental change.

About IndustryWeek

IndustryWeek, published by Penton Media Inc., is the only magazine dedicated to covering the complexities of managing a manufacturing company in today's new economy. Now in its 32nd year, IW has an audience of 200,000 subscribers.

About HP

HP is a leading global provider of products, technologies, solutions and services to consumers and businesses. The company's offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing. HP completed its merger transaction involving Compaq Computer Corporation on May 3, 2002. More information about HP is available at http://www.hp.com/


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