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Press Release
Yodlee and Palm Bring the Power of Personal Account Aggregation to MyPalm Portal Users
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Users to Manage Bank Balances, Stock Portfolios, Travel Reservations,
Bills and More
LAS VEGAS, COMDEX, Nov. 13 /PRNewswire/ -- Yodlee, the pioneer and leading
provider of account aggregation services, and Palm, Inc. (Nasdaq: PALM), the
leading provider of handheld computers, today announced an agreement to create
the MyInfo service, a Yodlee-powered aggregation service available to all
wirelessly enabled Palm(TM) handheld computer users. An integrated component
of Palm's new MyPalm(TM) portal, announced separately today, the MyInfo
service gives MyPalm users one-click access to all their personal information.
Users can access and manage bank balances, stock portfolios, travel
reservations, bills, and more -- from thousands of providers in a single web
clipping application.
"The MyPalm portal is a perfect fit for our aggregation service because it
puts users' highly relevant, personal information right at their fingertips
-- providing the ultimate convenience for the mobile user," said Anil Arora,
chief executive officer of Yodlee.com. "Our collaboration with Palm creates a
truly personal experience for wirelessly enabled Palm handheld users."
"Consumers want the convenience of having their disparate information
pulled together in one easy-to-access place," said Frances Hoge, vice
president, content and marketing for Content and Access, at Palm, Inc. "Yodlee
represents this type of next-generation solution that we believe will drive
the continued adoption of handheld computers."
MyInfo Wireless Capabilities
The MyInfo service enables users to do the following:
-- access personal information from more than 2,000 websites -- including
bank balances, travel reservations, investments, e-mail subject
headers, news headlines, bills and shopping orders -- directly on the
MyPalm portal or on their Palm handhelds with a single, secure login;
-- view real-time summaries of all their recent account activities in one
place;
-- insert personal account information from the web directly into Date
Book, Memo, and To Do applications on the handheld; and
-- sign up and add new web accounts directly from their Palm handhelds.
The MyInfo service helps simplify life with convenient access to all the
information that matters most -- anywhere, anytime. In addition, it leverages
Certicom ECC and SSL security technologies to protect sensitive user data in
transit, and employs advanced secure network infrastructure and physical
security measures to keep user data private.
About Palm, Inc.
Palm, Inc. is a pioneer in the field of mobile and wireless Internet
solutions and a leading provider of handheld computers (source: IDC,
December 1999). Based on the Palm OS(R) platform, Palm's handheld solutions
allow people to carry and access their most critical information with them
wherever they go. Palm 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 Cresenda Wireless; ePocrates, Inc.; Franklin
Covey; Handspring; IBM; Sony; Symbol Technologies; and TRG. Platform licensees
also include Kyocera and Nokia. 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 http://www.palm.com.
About Yodlee
Yodlee is the pioneer and leading provider of personal account aggregation
services on the Internet. Yodlee's Aggregation Platform is powering the
next-generation personal services to be offered by over 55 co-brand partners,
including ABN AMRO, AOL, Chase, Citibank, Intuit, AltaVista, E*TRADE, Morgan
Stanley Dean Witter, Palm, Inc., and many other leading global institutions.
Yodlee-powered services are revolutionizing the way consumers manage their
online lives by enabling them to centrally access, manage, and act upon all
their personal account information from thousands of providers and web sites.
Users can access their personal information from any PC, PDA, or web-enabled
phone. Yodlee is backed by venture capital firms Accel Partners and Sequoia
Capital and an elite group of private and corporate investors. The Company is
based in Redwood Shores, California and can be reached at 650-980-3600 or
toll-free at 877-296-3533, info@yodlee.com, or http://www.yodlee.com.
NOTE: Yodlee, Yodlee.com, and Yodlee2Go are trademarks of Yodlee.com,
Inc. Palm OS is a registered trademark and Palm and MyPalm are trademarks of
Palm, Inc. or its subsidiaries. All other names and trademarks are the
property of their respective owners.
SOURCE Palm, Inc.
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