OAKDALE, Minn. - (March 24, 1997) - Imation Corp. (NYSE: IMN), the imaging and information company recently spun off by 3M, today announced that it will provide Hewlett-Packard Company (HP) with Imation™ DryView™ 8300 Laser Imagers for use in demonstrating the new HP ImagePoint ultrasound systems to hospitals nationwide.

"We're pleased that Hewlett-Packard, a world leader in innovative technology, has selected our Imation DryView 8300 Laser Imagers for its hospital ultrasound demonstrations," said Dan Torborg, market development manager, Imation. "Imation's participation in the demonstrations is indicative of our commitment to collaborate with industry leaders to bring innovative, integrated customer solutions to market quickly and cost-effectively. The Imation DryView 8300 Laser Imager, like the HP ImagePoint, is a high-performance system. Combining them could very well revolutionize the way radiology departments perform ultrasound imaging."

"The Imation DryView Laser Imagers consistently showcase the high-quality image performance of HP's ImagePoint system," said David Kolstad, manager, product marketing for general imaging, HP's Imaging Systems Division. "In addition, the DryView Laser Imagers stand up to the rigors of the medical products demonstration environment, where systems are constantly moving in and out of hospitals sites. They are an integral component of the ImagePoint demonstration process."

A desktop dry laser imager that delivers diagnostic-quality film images and high film throughput for the 8" x 10" market, the Imation DryView 8300 Laser Imager represents the next generation of DryView Laser Imagers.

"The DryView 8300 Laser Imager will not only eliminate wet chemistry film processing, but we believe it will also provide the diagnostic-quality films and cost-effective throughput that HP seeks to complement its ImagePoint system," Torborg said.

Imation's DryView Laser Imaging Technology has been rapidly adopted by radiology departments worldwide since its November 1995 introduction. The 3M™ DryView™ 8700 Laser Imager, now by Imation™, is currently the best selling 14" x 17" laser imager in the world-wet or dry.

Imation Corp. supplies a variety of products and services worldwide for the information processing industry, specializing in imaging applications and information storage. The company develops, manufactures and markets diagnostic imaging equipment and film for electronic medical imaging and X-ray systems. The company employs approximately 9,400 people and is based in Oakdale, Minn.

Additional information about Imation is available by calling Imation toll-free at 1-888-466-3456 or through the company's toll-free shareholder information line at 1-888-IMN-NYSE (1-888-466-6973).

Hewlett-Packard Company is a leading global manufacturer of computing, communications and measurement products and services recognized for excellence in quality and support. HP has 112,000 employees and had revenue of $38.4 billion in its 1996 fiscal year.

HP's Medical Products Group, headquartered in Andover, Mass., is a leading provider of clinical measurement and information solutions, and services and support for the healthcare industry, including cardiology, critical care, anesthesiology, obstetrics, neonatology, cardiovascular and radiology imaging, resuscitation and home healthcare. The group has 5,300 employees worldwide and had revenues of $1.4 billion in its 1996 fiscal year.

Information about HP's medical products and services can be found on the World Wide Web at http://www.hp.com/go/medical.

Copyright 1996 Imation. All rights reserved.