HP Provides Jump-Start for Canvera's Success

PALO ALTO, Calif. - HP today announced that Canvera, India's first nationally branded professional imaging service provider, has selected HP solutions and services for delivering consistent, high-quality printing services to customers.

The agreement with HP Financial Services has helped Canvera acquire the wide range of high-performance technology and equipment needed for its launch. Since its inception, Canvera has looked to HP Financial Services to help finance solutions that have spanned server architecture to its photography output platform. This includes HP Indigo presses, HP Designjet printers, HP ProLiant servers, HP business desktop PCs and HP notebook PCs.

By working with HP Financial Services, Canvera is able to reserve capital for strategic purposes, enabling successful execution of other important initiatives, such as sales and marketing programs.

"HP Financial Services has served as a key enabler in allowing us to deploy the state-of-the-art technology equipment we need to remain competitive," said Dhiraj Kacker, chief executive officer, Canvera. "By working with HP, we are able to consistently provide our customers with the high-quality imagery they demand."

Growing from a single office located in Bangalore, India, Canvera now operates out of eight locations with more than 500 employees.

HP Financial Services helps clients develop long-term IT investment strategies that provide flexibility and agility as they evolve to an Instant-On Enterprise. In a world of continuous connectivity, the Instant-On Enterprise embeds technology in everything it does to serve customers, employees, partners and citizens with everything they need, instantly.

Additionally, HP Financial Services helps clients extract value from aging assets that no longer meet their needs. Whether clients are looking for immediate access capital to address an urgent need or a long-term approach to life cycle asset management, HP Financial Services offers the requisite skills, insights and resources.

More information about HP Financial Services is available at www.hp.com/hpfinancialservices.

About Canvera
Canvera is an online photography company providing mass-customized printed products and e-commerce solutions to professional photographers. Canvera's products and services are used by photographers to both deliver a high-quality experience to their clients and to market themselves better. Canvera's coffee-table books were awarded Best Photobook in Asia Pacific & Japan at the annual HP Digital Print Awards in 2008 and 2009. Canvera also received the Best Innovation in Technology award from Asian Photography magazine for "bringing professionalism and innovation to an unorganized market" and the Tie-Lumis' Award for "Entrepreneurial Excellence" in 2010.

About HP
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world's largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure to solve customer problems. More information about HP (NYSE: HPQ) is available at www.hp.com.

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