NEWS
RELEASE




Snapfish
by
HP
Acquires
Video
Platform
Technology
from

Motionbox,
Inc.



PALO
ALTO,
Calif.,
July
12,
2010
–
Snapfish
by
HP
today
announced
an
agreement
to

acquire
the
video
technology
platform
from
Motionbox,
Inc.,
the
video
sharing
site

with
over
2.8
million
members
worldwide.
This
acquisition
will
enable
Snapfish
to

expand
its
online
video
offering.





"Video
is
a
critical
component
of
digital
memory
sharing
today,
and
Motionbox's

technology
will
enable
our
Snapfish
customers
to
create
great
personal
video

memories,"
said
Helen
Vaid,
General
Manager
of
Snapfish.
“With
today's

announcement,
we
are
very
excited
to
start
integrating
the
video
platform
Motionbox

has
developed
into
our
popular
Snapfish
Home
Video
product.”



Motionbox
customers
will
now
be
able
to
experience
a
seamless
photo
and
video

sharing
experience
as
their
digital
assets
will
be
in
one
place
when
they
set
up
their

Snapfish
account.




"We
think
Snapfish’s
integration
of
the
technology
acquired
from
Motionbox
will
be
a

great
way
to
take
personal
video
sharing
to
the
next
level",
said
Josh
Grotstein,
CEO
of

Motionbox
and
an
early
backer
of
the
Company.

"Our
vision
has
always
been
to
make

sharing
personal
videos
as
easy
and
affordable
as
sharing
digital
photos.
No
other

photo
sharing
company
is
nearly
as
well
positioned
to
bring
our
platform
to
a
wide,

global
market."




Snapfish
by
HP
is
the
No.
1
online
personal
publishing
service
in
the
world,
with

more
than
more
than
85
million
registered
users
in
22
countries
and
more
than
10

billion
unique
photos
stored
online.
The
current
Motionbox.com
site
will
continue

operating
until
August
10,
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

Editorial
Contacts


 HP
(NYSE:
HPQ)
is
available
at
http://www.hp.com.

Cherie
Britt,
HP

+1
209
505
1638

cherie.britt@hp.com




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Company
 ©
2010
Hewlett‐Packard
Development
Company,
L.P.
The
information
contained
herein
is
subject
to
change
without
notice.

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