INNOVATE FORUM 95 TO EXPLORE THE WORLD OF CORPORATE COMPUTING -- KEYNOTE
SPEAKERS NOW INCLUDE ORACLE'S RAY LANE; MORE THAN 40 TECHNICAL SEMINARS
ESTABLISHED

HOUSTON, July 17, 1995 -- Compaq Computer Corporation (NYSE: CPQ) announced
today that Ray Lane, president of worldwide operations at Oracle has
joined the impressive list of industry visionaries who will deliver
keynote addresses at Innovate Forum 95, a conference for management and
technical professionals that focuses on current and emerging trends in
corporate computing.

Innovate Forum 95, to be held in Houston from October 16 through 19, will
bring together thousands of Compaq customers, resellers and partners to
explore innovative tools and solutions that help businesses remain
competitive while increasing productivity.

During three days of interactive seminars, roundtables and panel
discussions, participants will exchange ideas about the future of
information technology and discuss issues that are central to today's
computing challenges.

Ray Lane joins industry luminaries Eckhard Pfeiffer (president and CEO of
Compaq), Bill Gates (chairman and CEO of Microsoft), and Robert
Frankenberg (president and CEO of Novell) as a keynote speaker. All
speakers will share their unique insights into the future of the computer
industry.

Compaq and Oracle are committed to delivering easy-to-install and use,
fully-optimized database solutions for workgroup and enterprise customers.
By combining our resources, we can provide customers with powerful and
reliable server solutions, said Ray Lane, Oracle's president of worldwide
operations.

Innovate Forum 95 is a great venue for today's corporate IS decision makers
to sharpen their technical prowess and see a glimpse of future computing
products.

Informative management and strategy sessions are being planned. These will
offer insight into managing complex computing environments, understanding
emerging technologies, supporting the virtual office, and exploring future
trends in business technology.

Meanwhile, over 40 technical breakout sessions have been established. These
are geared for engineers who design, develop and deliver advanced
technologies. The full and half-day tutorials will delve into the latest
developments in the PC industry, focusing on solutions-oriented tools,
applications and innovations that conquer today's complex enterprise
computing challenges. Here's a few of the dynamic technical workshops
planned:

* Database Performance Tuning
* Lotus Notes Performance Tuning
* Computer Telephone Integration
* Database Server Sizing and Capacity Planning
* Online Storage Configuration
* Fast Ethernet and Switch Technology
* Implementing an Enterprise Network with Compaq
* Intel P6 Technology
* Media Servers and Video-on-Demand
* Network Management -Compaq Insight Manager

Innovate Forum 95 is open by invitation only to Compaq corporate customers,
resellers, press and industry analysts. For additional registration
information, call 800-818-2720.

Company Background

Compaq Computer Corporation is the world's largest supplier of personal
computers, offering desktop PCs, portable PCs and servers. Founded in
1982, the company reported 1994 worldwide sales of $10.9 billion. Compaq
products are sold and supported in more than 100 countries through a
network of more than 38,000 Compaq marketing partners. Compaq also sells
directly to customers through Compaq Direct Plus at 1-800-888-5858. Compaq
provides 24-hour customer support and can be reached through the Compaq
forums on America Online, CompuServe, Internet (http://www.compaq.com),
and Prodigy, or by calling 1-800-345-1518.
 
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