From the research laboratories of Hewlett Packard, Quantum Information Technology provides an informative look at current work in quantum information processing and communication (QIPC). The report, published in November 2002, recognizes the potential applications of QIPC and how it could revolutionize conventional information technology. It cites cryptography, quantum computers, and quantum teleportation as motivational factors for development of this technology, offering a basic introduction to each discipline. The paper concludes with an analysis of the direction current research is taking and what the future may hold. Several links to further sources of information are also included.