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"Smarter Business Case" Offer From Palm Targets the Needs of Handheld Users in Hong Kong

HONG KONG, July 2, 2002 -- Palm, Inc. (Nasdaq: PALM) today announced a new promotional offering -- the Palm™ m515 Smarter Business Case, targeted at mobile professionals. Under the Palm™ m515 Smarter Business Case offer, customers who purchase a Palm™ m515 colour handheld (estimated retail price of HK$3,120) will receive a HK$400 rebate*, plus a gift pack* worths over HK$1,600. The gift pack includes a CD-ROM containing Chinese overlay and handwriting input system, infotainment browser and stock-trading software, together with four free issues of Fortune magazine, free Palm handheld training and golf training courses.

Customers of the Palm™ m130 can also benefit from a similar value-added offering. When they purchase their Palm™ m130, which has an estimated retail price of HK$2,180, they will receive a HK$600 rebate*.

Both offerings are available now through 31st August, or whilst stocks last.

"Palm is offering Palm handhelds bundled with applications tailored to the needs of specific users in Hong Kong," said Cara Liao, marketing manager, North Asia, Palm, Inc. "We see this as a way to help existing users to have easier access to tools that helps them master their daily life in style. Particularly, we want to illustrate how applications can help transform their handhelds into personalized devices to complement their lifestyles."

The Palm™ m515 Smarter Business Case

The Smarter Business Case bundle* includes the following attractive items:

(1)	HK$400 Rebate;
(2)	A CD-ROM which includes the following applications:
(3)	4 FREE issues of Fortune magazine;
	a. PenPower Chinese Handwriting Input System & CHOS Chinese Overlay (full version) b. e3City Infotainment Browser (full version, plus 1-year free information update)   - e3City provides a powerful guide and search engine for shopping, dining, entertainment, transport routing information etc. supported by an interactive e-map c. mBroker Wireless Stock Trading Service software (plus 3-month trial subscription)   - mBroker solution allows brokerage firms and individual investors a customized, secure trading platform to remotely access stock information in real time as well as conduct stock trading activities, such as submitting orders, modifying or canceling orders, and viewing order status, from their handhelds. d. Freeware of financial applications, golf scoring system and games software;
(4)	FREE Golf Training Course from OGC Golf City;
(5)	50% off for One Bay Rental at OGC Golf City;
(6)	FREE Palm Handheld Training Course from Automated Systems (HK) Limited;
(7)	U-Drive membership application form (upon successful application as U-Drive member, 1,000 bonus points will be awarded which can be used as value of HK$100 Mobil petroleum).

*Customers have to visit the redemption center to redeem the rebate and gift pack. For Please refer to details as shown on packaging box or visit www.palm-hongkong.com (Chinese) or www.palm-asia.com (English).

About Palm, Inc.

Palm, Inc. is a pioneer in the field of mobile and wireless Internet solutions and a leading provider of handheld computers, according to IDC (December 2000). Based on the Palm OS® platform, Palm's handheld solutions allow people to carry and access their most critical information with them wherever they go. Palm(TM) handhelds address the needs of individuals, enterprises and educational institutions through thousands of application solutions.

The Palm OS platform is also the foundation for products from Palm's licensees and strategic partners, such as Franklin Covey, HandEra (formerly TRG), Handspring, IBM, Kyocera, Sony, and Symbol Technologies. Platform licensees also include Acer, Garmin, Nokia and Samsung. The Palm Economy is a growing global community of industry-leading licensees, world-class OEM customers, and more than 160,000 innovative developers and solution providers that have registered to develop solutions based on the Palm OS platform. Palm went public on March 2, 2000. Its stock is traded on the Nasdaq national market under the symbol PALM. More information is available at www.palm.com

Palm OS is a registered trademark, and Palm is a trademark of Palm, Inc. or its subsidiaries.