SCIENCE

HOUSTON, TX -- Shareholders of outstanding common stock of Compaq Computer Corporation (NYSE: CPQ) approved the merger of Compaq with Hewlett-Packard Company (NYSE: HWP) at a special meeting held here today. The Compaq merger vote carried by a nine-to-one margin. "I am gratified that Compaq shareholders have seen the power behind the merger of these two great technology companies and given the Board of Directors and management their resounding support," said Michael Capellas, Compaq chairman and chief executive officer. "The complementary strengths of Compaq and HP provide a truly unique opportunity to reshape the information technology industry. While official certification of the results of HP's shareholder vote is still in process, we stand ready to deliver the superior value that our customers, employees and shareholders expect." "At the end of the day, this merger is about market leadership. We are ready to move forward," Capellas continued.