HOUSTON, December 22, 1994 -- Compaq Computer Corporation (NYSE:CPQ) today announced it will display its award-winning families of consumer-oriented PCs at the Winter Consumer Electronics Show (CES) in Las Vegas, January 6-9, 1995. The company is inviting show attendees to "Journey Ahead with Compaq" and will display its Presario PCs for the home and home office and Contura Aero ultra-portable PCs for the mobile lifestyle.

Compaq will display its all-star products in booth #10439 of the North Hall at the Las Vegas Convention Center. The Company has also scheduled a special all-star guest appearance by Hakeem Olajuwon -- 1994 NBA Most Valuable Player (MVP) and current starting center of the World Champion Houston Rockets basketball team. Olajuwon is scheduled to be available for autographs and photos at the Compaq booth on Sunday, January 8.

"The PC for the home and home office has evolved from a novelty item to an integral home appliance, serving as more than a tool for personal productivity, but also as a source of entertainment, education and information," said Michael Norris, Compaq Vice President, Consumer Products. "The consumer PC will continue to shape the future of consumer electronics as it becomes even more of a tool for the home and for mobile lifestyles."

Compaq's new next-generation Presario PCs are the easiest-to-use products it has ever produced. The Compaq Presario family includes the award-winning, "all-in-one" Presario 500 Series; the Presario 700 series that features a traditional desktop design; and the Presario 900 series of mini-tower PCs. Standard features across the line include such multimedia features as speakerphone, telephone answering machine, CD-ROM drive, fax modem and audio CD capabilities. The Compaq Presario CDTV 520 and Presario CDTV 924 also feature built-in television receiver. The Presario 500 series features high-quality, built-in stereo speakers, with the same speakers built onto the Presario Multimedia Monitors for the Presario 700 and 900 series PCs.

The Compaq Contura Aero family of ultra-portable PCs is ideal for mobile professionals, students, or any consumers who lead an active lifestyle. Weighing only 3-1/2 pounds and smaller than a piece of notebook paper, the Aero is available in color and monochrome versions, includes a powerful 486 microprocessor and an up to 250 megabyte hard drive. Bundled with the Aero is an ultra-light floppy disk drive that plugs into the unit through a PCMCIA slot.

Both the Compaq Presario and Contura Aero families of PCs have captured industry awards. Most recently, the Compaq Presario CDTV 520 was included in the 1994 "Best of What's New" awards given by Popular Science magazine for innovation and achievement in science and technology. Popular Mechanics magazine awarded the Contura Aero and the Compaq Presario 500 series with its 1994 Design & Engineering award.

Compaq Computer Corporation is a world leader in the manufacture of desktop and notebook personal computers, and servers. Founded in 1982, The company reported 1993 worldwide sales of $7.2 billion. Compaq products are sold and supported in more than 100 countries through a network of more than 31,000 Compaq marketing partners. Compaq also sells directly to customers through Compaq Direct Plus at 1-800-888-5858.