It is a vapor leak in the fuel system. Starting in 1996 vehicles check for leaks down to .020 inch.
It's one of the most common error codes which you can run in if you own Toyota Camry. It's well known that presence of such code does not mean that something is wrong. First try reseting the...
Try the gas cap...Look for any cracked hoses between the fuel tank and engine.
http://www.obd-codes.com/p0440
This ODB code could indicate a problem with any part of the evaporative emission control system: gas cap, rubber hoses, canister, or purge solenoid.