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HP and Magic Johnson Foundation Team Up to Address Digital Divide in Jacksonville, Florida

Magic Johnson/HP Inventor Center featuring HP technology opens in Jacksonville

JACKSONVILLE, Fla., March 31, 2005 -- HP and the Magic Johnson Foundation bring their national community technology initiative aimed at bridging the digital divide to Jacksonville today with the opening of the 19th Magic Johnson/HP Inventor Center at the Hilltop Village housing complex.
The Inventor Center in Jacksonville joins centers in 14 other cities around the country to offer training, skills development and online access for youth and adult residents in underserved communities.

Bond In Investing Savings Since the launch of the program, centers have opened in Atlanta, Bladensburg, Md., Chicago, Cincinnati, Cleveland, Houston, Lansing, Mich., Los Angeles, Miami, New York City, Oakland, Calif., Philadelphia, Seattle and Washington, D.C. HP's investment in the centers totals $1.4 million over three years.

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Bond Investment Toledo Toledo "In today's world, a lack of knowledge and understanding of technology puts an individual at a distinct disadvantage," said Earvin "Magic" Johnson, founder of the Magic Johnson Foundation. "Many of us use technology daily in our homes, our schools and our businesses. Yet, for residents in underserved communities, access to technology is not a given. This partnership with HP enables residents of the community to have access and training opportunities that are not otherwise available."

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James Bond Trading Card Hilltop Village was selected as the location for the Inventor Center because of its commitment to bringing together non-profit, private sector and community groups to collaborate for the benefit of the Jacksonville area.

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Bond In Investing Stock The Magic Johnson/HP Inventor Center will provide residents in the Hilltop Village housing complex with access to state-of-the-art technology and training opportunities using a powerful lineup of HP commercial and consumer products ranging from PCs to the latest in digital imaging technology.

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Municipal Bonds Investment "The new Inventor Center will offer residents access to needed resources that will allow them to develop computer skills necessary in a technologically driven world," said Jacksonville Mayor John Peyton. "We thank HP, the Magic Johnson Foundation and the other organizations that collaborated to bring the Inventor Center to the community of Jacksonville."

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Bond Terms Trading The technology deployed in the Inventor Center, valued at more than $80,000, includes HP servers, notebook and desktop PCs, flat panel monitors, digital cameras, photo printers, and all-in-one fax, scanner and printer units.

Bond Debt High In Inside "HP strives to provide underserved communities with equal access to social and economic opportunities through technology," said Quinton English, director of sales in Florida at HP. "HP's partnership with the Magic Johnson Foundation enables us to expand our reach to ensure that technology-excluded residents in communities such as Jacksonville are given a chance to be successful in today's digital economy."

Bond Greenville Greenville The Magic Johnson/HP Inventor Center at Hilltop Village will provide an after-school program for youth ages six to 18, with activities including tutoring and homework help, indoor and outdoor recreation, and access to the new computer technology. Additionally, the Inventor Center will provide adults with job development services and access to the technology.

Trading Stock And Bonds "The opening of the Magic Johnson/HP Inventor Center at Hilltop Village will add a new dimension to the lives of our residents, providing a benefit available at very few other housing developments in the country," said Judy Siegel, president of Landex Corporation, owner and operator of Hilltop Village. "For some, the opening of this center will put them in touch with one of the most rewarding opportunities of their lives."

Bond Investing Municipal Other sponsors supporting the Magic Johnson/HP Inventor Center include ADT, DHL, Eastwind Consulting Group and Freddie Mac.

Basis Bond Finance Hill About Hilltop Village

Bond Explained Terms Trading Hilltop Village, owned and operated by Landex Management, is a low- to moderate-income housing complex that offers a variety of programs to its residents. Youth and adult services include mentoring and leadership development for at risk youth, academic assistance to children ages 5-18 and preparation for homeownership. In addition to having an annually funded Resident Services Initiative, Hilltop Village has received numerous local, state and federal grant awards which have enabled quality drug prevention/intervention and security measures to be implemented at the facility.

Bond Business Investing Stock About the Magic Johnson Foundation

Bond Houston Houston The Magic Johnson Foundation is a non-profit organization that focuses on improving and addressing the health, educational and social needs of those residing in the inner city. In addition, the Foundation has made a strong commitment to raise awareness about several health and social concerns that threaten underserved communities. Founded in 1991 by basketball legend Earvin "Magic" Johnson, the Foundation has raised more than $20 million for charity.

Stock Bonds Day Trading About HP

Bond Corporate Investing HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, global services, business and home computing, and imaging and printing. For the four fiscal quarters ended Jan. 31, 2005, HP revenue totaled $81.8 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at http://www.hp.com

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