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Palm Unveils New Slim, Sleek Treo Smartphone
U.S. Palm Retail and Online Stores to Offer Treo 680 Smartphone in
Hip Shades of Red, Orange, White and Silver

NEW YORK, Oct 12, 2006 (BUSINESS WIRE) -- For people who are ready to
move up to a full-featured mobile phone that includes everything
needed to stay organized, Palm, Inc. (Nasdaq:PALM) today announced
the Palm(R) Treo(TM) 680 smartphone, a GSM/GPRS/EDGE quad-band world
phone.(1) Customers will find the Treo 680 smartphone easy to use,
slim and compact, yet packed full of features beyond its stellar
phone capability, such as email, web browsing, messaging, multimedia,
calendar, contacts and more.(2) In the coming weeks and months,
carriers around the world will announce additional product details,
availability and exact pricing. Palm believes this product will
appeal to price-sensitive feature-phone owners who want a more
capable mobile-computing device.

(NOTE: Video and images of the new smartphone are available from
Business Wire
(http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5245091) and from
Palm's Multimedia Library (www.palm.com/MultimediaLibrary). Also,
please see the following announcements that Palm made today: "Palm to
Bring 20 Carriers Online with New Treo Smartphone; Expands
Geographically and Demographically" and "Palm and Google Collaborate
to Bring Google Maps to Treo Smartphones.")

Palm's U.S. retail and online stores will sell exclusively an
unlocked GSM version in four new cool colors - crimson, copper,
arctic and graphite. For a limited time, they will come complete with
a music bundle from Yahoo!, which includes a 30-day free trial to its
music service. With Yahoo! Music Unlimited, users have access to more
than 1 million songs to take with them anywhere.

With the introduction of the Palm OS(R) based Treo 680 smartphone,
Palm is targeting new users in the rapidly growing smartphone and
feature-phone markets. Market research firm In-Stat, estimates that
25 percent of all wireless handsets worldwide will be smartphones by
2011. Research conducted by Palm suggests a substantial population of
feature-phone users have not purchased smartphones, fearing they were
too expensive and too difficult to use. The Treo 680 will offer an
affordable, simple and fun way to get started and stay connected.

"The Treo 680 is the smartphone for everyone. It's small, sleek, fast
and comes in a variety of fun colors," said Ed Colligan, president
and chief executive officer of Palm, Inc. "It's a great phone design,
great for messaging and email, and provides users easy and fast
access to the Internet and to their favorite music and pictures, and
makes it easy for people to manage and balance their business and
personal lives while on the go."

During a press conference at DigitalLife in New York City, the
audience saw Palm's innovative hardware design and integrated,
easy-to-use software. Known for ease of use, Palm differentiates the
Treo 680 smartphone from others in the Treo family by offering the
following features along with many additional enhancements:

New Design

The Treo 680 smartphone has an internal antenna and slim form factor,
making the device smaller and sleeker than its Treo predecessors in
the United States.  It has a full, easy-type keyboard, perfect for
writing SMS messages and emails, and an optimal 320x320 vibrant color
screen for viewing web pages, photos, media and more.

All-in-one, Smarter Phone

The Treo 680 smartphone has a unique phone user interface that
further simplifies Treo innovations, such as the ability to respond
to calls with a preset text message and add new phone numbers to
existing contact information, and three-way calling. The Treo 680
also has integrated email and web capabilities, so users can stay in
touch with colleagues and friends. The messaging application on the
Treo 680 displays text-messaging conversations as "threaded chats,"
similar to IM, so users can see their entire conversation with a
particular person. The Treo 680 smartphone also can be used as an MP3
player and has an integrated digital camera, camcorder and video
player.

Additional Features

The Treo 680 smartphone offers many additional features, including
the following:

-- Added memory: The Treo 680 smartphone includes 64MB of
user-available storage, nearly three times the memory of the original
Treo 650 smartphone.  Customers can add up to 2GB of storage with
expansion cards for those large music or video files (sold
separately);

-- Enhanced email and messaging: Exchange ActiveSync will now
synchronize not only calendar and email, but contacts as well; SMS
and MMS capabilities have been improved for a better user experience;

-- Improved web browser: The Blazer 4.5 browser is superfast due to
its smarter caching rules and includes alternate modes for viewing
web pages optimized for the device or as a regular web page;

-- Enhanced multimedia: Customers can use the Treo 680 smartphone to
stream music, play MP3s and manage and share photo albums;

-- Built-in dial-up networking (DUN) capabilities: Customers can use
the new smartphone as a wireless modem via Bluetooth(R) wireless
technology to connect to a compatible Bluetooth enabled laptop;

-- Documents To Go: Customers can view, edit and share Microsoft Word
and Excel documents on their Treo 680 smartphones in addition to
viewing full-featured Adobe PDF files and Microsoft PowerPoint
presentations; and

-- Bluetooth 1.2: Customers can connect wirelessly to other Bluetooth
enabled devices. The Treo 680 has improved car-kit and headset
support, and support for multiple simultaneous Bluetooth connections.

Webcast Replay

The archived audio portion of the DigitalLife webcast will be
available on Thurs., Oct. 12, by 4 p.m. Eastern Time. To hear a
replay of the audio, dial the number listed here and enter the
conference ID number.

   United States:  800.642.1687
   International:  706.645.9291
   Conference ID:  8157780

The archived video and slideshow will be available on Sat., Oct. 14,
by 8 a.m.  Eastern Time. To see the video portion, click this link:

http://invite.mshow.com/findshow.aspx?usertype=0&cobrand;=100&show;
number=310348 (Due to its length, this URL may need to be
copied/pasted into your Internet browser's address field. Remove the
extra space if one exists.)

About Palm, Inc.

Palm, Inc., a leader in mobile computing, strives to put the power of
computing in people's hands so they can access and share their most
important information. The company's products for consumers, mobile
professionals and businesses include Palm(R) Treo(TM) smartphones,
Palm handheld computers, and Palm LifeDrive(TM) mobile managers, as
well as software, services and accessories.

Palm products are sold through select Internet, retail, reseller and
wireless operator channels throughout the world, and at Palm Retail
Stores and Palm online stores (http://www.palm.com/store).

More information about Palm, Inc. is available at
http://www.palm.com.

(1) Designed to be compatible with networks implementing
GSM/GPRS/EDGE standards, but may not be available or operate in all
countries.

(2) Within wireless service coverage area only. Availability and
coverage depends upon carrier and the geographic scope of
international roaming agreements. Email, messaging and web access
requires data services from a mobile service provider at an
additional cost. Email account not included. EDGE service not
available in all areas.

Broadcast Video and Other Palm Materials

Broadcast video and other materials are available online from Palm's
Multimedia Library (www.palm.com/MultimediaLibrary). Press can
register at the site, which is hosted by The NewsMarket
(www.TheNewsMarket.com), a web-based news and video archive, to
browse and preview an extensive content library and order footage
directly from their desktops. Registration and ordering on the site
is free.

Palm, Treo and LifeDrive are among the trademarks or registered
trademarks owned by or licensed to Palm, Inc. All other brand and
product names are or may be trademarks of, and are used to identify
products or services of, their respective owners.

SOURCE: Palm, Inc.

Palm, Inc.  Jim Christensen, 408-617-7455 [email protected] or
A&R; Edelman for Palm, Inc.  Becki Fowler, 650-762-2865
[email protected] Copyright Business Wire 2006

News Provided by COMTEX

[1] http://investor.palm.com/pressdetail.cfm?ReleaseID=214409

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