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Press Release

Palm Announces Solutions Group Additions SANTA CLARA, Calif., July 19 /PRNewswire/ -- Palm, Inc. (Nasdaq: PALM), a
pioneer in the field of mobile and wireless Internet solutions and a leading
provider of handheld solutions, today announced three new leaders reporting to
Todd Bradley, Palm executive vice president and chief operating officer of
Palm's Solutions Group. They are as follows:
-- Kevin Hell, Palm vice president and senior vice president of product
management, Solutions Group. Prior to joining Palm, Hell managed the emerging
products business at Gateway, Inc. and led Gateway's entry into the Internet
appliance, PDA and networked music player markets as vice president of
Gateway's Connected Home; -- Angel Mendez, Palm vice president and senior vice president of global
supply-chain operations, Solutions Group. Most recently, he was vice president
for global supply-chain management at Gateway; and -- Ken Wirt, Palm vice president and senior vice president of marketing,
Solutions Group. He has been consulting with Palm for several months and was
the founder and chief executive officer of Riffage.com, a venture
capital-funded music media company backed by Mayfield Fund, Bertelsmann and
AOL.
"This team is world-class, proven and focused on executing Palm's strategy
for consumer, enterprise and education markets," said Bradley, who joined Palm
June 1 following a position as executive vice president of global operations
at Gateway. "We're going to build on Palm's many strengths and worldwide
leadership position in ways that delight customers and build shareholder
value."
The New Team Members Hell, 37, also headed corporate strategy for Gateway and helped define its
"beyond-the-box" strategy. He developed an innovative thin-server/ASP
(Application Service Provider) approach for small-medium business markets and
defined growth plans for markets in Asia, Europe and Latin America. Before joining Gateway, Hell worked for seven years as a management
consultant for Boston Consulting Group, where he focused on high-tech and
entertainment clients. He was elected general partner and vice president.
Prior, he designed communication satellites for Hughes Aircraft Company. Hell holds an MBA from The Wharton School (Philadelphia), and a master's
degree in aeronautics and astronautics and a bachelor's degree in mechanical
engineering from Stanford University. Mendez, 40, comes to Palm with a 20-year track record in developing and
implementing comprehensive strategies to improve supply-chain performance. He
has held supply-chain leadership roles at Citigroup, Allied Signal, Martin
Marietta and GE Aerospace, and has extensive international experience in
Europe, Latin America, North America and Asia. At Gateway, Mendez drove programs to improve the management of more than
$7.5 billion in direct and indirect company spending. He also developed and
launched a new global sourcing approach to lower production costs, embed new
product features and improve time to market, ultimately identifying more than
$400 million in sourcing savings realizable in 2001. Mendez holds an MBA from Rollins College (Winter Park, Fla.) and a
bachelor's degree from Lafayette College (Easton, Pa.) in electrical
engineering. Wirt, 49, and the management team he recruited built Riffage into a
popular music site on the Internet, with 1 million unique visitors per month,
signing major sponsors including Sony, Sega, Lipton's and Telocity. Before founding his own company, Wirt was vice president of corporate
marketing for Diamond Multimedia Systems, a leading PC peripherals company,
where he managed all worldwide marketing functions, tech support, customer
service and Internet marketing. Wirt also led the introduction of the Rio
portable MP3 player, which established the MP3 market and maintains a leading
share today after the entry of Sony, Compaq, Philips, Samsung and Intel, among
others. Previously, Wirt headed marketing for Apple Computer's PIE (personal
interactive electronics) division, overseeing all Newton marketing programs.
Wirt also has held key marketing roles at NEC Technologies, Cognitive Systems
and Atari. He holds an MBA from Stanford University and an undergraduate
degree from the University of Michigan.
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(R) platform, Palm's handheld solutions
allow people to carry and access their most critical information 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.
SOURCE Palm, Inc. Web site: http: //www.palm.com CONTACT: Marlene Somsak of Palm, Inc., +1-408-878-2592, or marlene.somsak@corp.palm.com
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