Investor Relations Contact:
Shirley Stacy
3Com Corp.
408-326-6301
shirley_stacy@3com.com

FOR IMMEDIATE RELEASE

PALM, INC. SETS IPO PRICE AT $38 PER SHARE

New York, NY -- March 1, 2000 - Palm, Inc. (Nasdaq: PALM) today announced that its initial public offering of 23 million shares of common stock is being priced at $38.00 per share. Palm was formerly a wholly owned subsidiary of 3Com Corporation (Nasdaq: COMS) and after completion of this offering will be a separate, publicly traded company. After the offering, 3Com will hold 532 million shares, or approximately 94.8%, of Palm's common stock.

Goldman Sachs and Morgan Stanley Dean Witter lead managed the underwriting of the offering with Merrill Lynch and Robertson Stephens serving as co-managers. The representatives of the underwriters have the option of purchasing an additional 3.45 million shares to cover over-allotments.

Concurrently with the public offering, Palm will sell 2,105,263 shares of its common stock to America Online, 1,710,526 shares of its common stock to Motorola and 2,105,263 shares of its common stock to Nokia in private placements at $38.00 per share.

Copies of the prospectus relating to this offering may be obtained by writing to or telephoning the underwriters:

Goldman, Sachs & Co.
85 Broad Street
New York, NY 10004
(212) 902-1000

Morgan Stanley Dean Witter
1585 Broadway
New York, NY 10036
(212) 761-4000

Merrill Lynch & Co.
Attn: Prospectus Department
250 Vesey Street
New York, NY 10281
(212) 449-1000

Robertson Stephens
555 California Street, 26th floor
San Francisco, CA 94104
(415) 781-9700

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

About Palm, Inc.
Palm, Inc. is the leading provider of handheld computing devices (IDC, May 1999), including the Palm III™, Palm V™ and Palm VII™ series of handheld computers. The Palm OS™ platform is the foundation for the market-leading handheld computers from the company as well as products from its strategic partners such as IBM, QUALCOMM, Franklin Covey, Handspring and Symbol Technologies. Designed to support the increasingly mobile and geographically dispersed nature of information management, the company's handheld solutions allow people to carry their most critical information in their pockets. For more information, please visit www.palm.com.

About 3Com Corporation
With over 300 million customer connections worldwide, 3Com Corporation connects more people and organizations to information and each other in more innovative, simple and reliable ways than any other networking company. 3Com delivers e-Networking solutions through information access products and network systems to enterprises, small businesses, consumers, and service providers. For further information, visit 3Com's World Wide Web site at www.3com.com or the press site at www.3com.com/pressbox. 3Com is a registered trademarks and Palm, Palm III, Palm V, Palm VII and Palm OS are trademarks of 3Com Corporation or its subsidiaries. All other brands and product names may be trademarks of the respective companies with which they are associated.