Press Release : April 12, 2012

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HP and Staples Make It Easy, Free to Recycle Electronics Nationwide

Consumers can recycle electronics every day at Staples Stores throughout the United States

Topics:Environment

PALO ALTO, Calif., FRAMINGHAM, Mass. -- HP (NYSE: HPQ), the world’s largest technology company, together with Staples, Inc. (Nasdaq: SPLS), the world’s largest office products company and second largest e-commerce company, today announced free electronics recycling for all brands of office electronics at Staples stores nationwide. Consumers and small businesses can responsibly recycle their electronics every day at Staples locations nationwide,⁽¹⁾ regardless of where the devices were purchased.

“HP is a leader in the technology industry in product reuse and recycling,” said Gabi Zedlmayer, vice president of sustainability and social innovation, HP. “We recently celebrated reaching our goal of recycling 2 billion pounds of electronic products and supplies since 1987 and our collaboration with Staples will build upon this achievement and focus on increasing electronics recycling in all states.”

The Staples technology recycling program, powered by HP, accepts all brands of the following electronics for free⁽²⁾:

• Desktop PCs, laptops, netbooks, tablet PCs, external hard drives and small servers
• All computer monitors
• Printers, desktop copiers, faxes and all-in-one devices
• Mice, keyboards, modems/routers networking and PC speakers
• Shredders, streaming devices, phones and Universal Power Supply (UPS battery backup)
• Mobile phones, GPS devices, MP3 players, digital camcorders and digital cameras

“Staples free tech recycling program will help increase the number of electronic products that are safely recycled,” said Mark Buckley, vice president of environmental affairs, Staples. “As a trusted source for office solutions, Staples is making it easy for consumers to responsibly recycle electronics for free every day at our stores. We are excited to work with HP on this initiative as part of our ongoing commitment to environmental sustainability.”

Customers can drop off their technology for recycling at the service desk of their local Staples store. Staples will take advantage of its world-class logistics networks to collect the devices and consolidate them at its distribution centers. A certified e-Stewards® and R2 recycler will then arrange to have the materials transported to one of its processing centers.

Additional information is available at HP’s and Staples’ websites at www.hp.com/us/go/recycling orhttp://www.staples.com/recycle.

About Staples
Staples is the world’s largest office products company and a trusted source for office solutions. The company provides products, services and expertise in office supplies, copy & print, technology, facilities and breakroom, and furniture. Staples invented the office superstore concept in 1986 and now has annual sales of $25 billion, ranking second in the world in eCommerce sales. With 88,000 associates worldwide, Staples operates in 26 countries throughout North and South America, Europe, Asia and Australia, making it easy for businesses of all sizes, and consumers. The company is headquartered outside Boston. More information about Staples (Nasdaq: SPLS) is available atwww.staples.com/media.

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(1) All Staples locations in the continental U.S., except for Staples Copy and Print Shops, participate in this program.
(2) Staples does not accept televisions, appliances, alkaline batteries, floor model copiers/printers, large servers, audio/visual equipment or certain other household electronics (kitchen electrics, etc.). There is a limit of six items per customer per day in most states.