1、Annual Report 2007 Forward-looking Statements This document 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
2、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 any statements of the plans,strategies and objectives of management f
3、or future operations;any statements concerning expected development,performance,market share or demand relating to HPs products and services;any statements regarding anticipated operational and financial results,including the execution of cost reduction programs;any statements including estimates re
4、garding market size or growth;any statements regarding future economic conditions or performance;any statements of expectation or belief;and any statements of assumptions underlying any of the foregoing.Risks,uncertainties and assumptions include the execution and performance of contracts by HP and
5、its customers,suppliers and partners;the achievement of expected results;expectations and assumptions relating to the execution and timing of cost reduction programs;and other risks that are described in HPs filings with the Securities and Exchange Commission,including but not limited to HPs Annual
6、Report on Form 10K for the fiscal year ended October 31,2007,which is included as part of this document.HP assumes no obligation and does not intend to update these forward-looking statements.CEO Letter Dear Fellow Stockholders:If one word can best describe HPs performance in fiscal 2007,it is growt