Kiosks in Midtown Manhattan

SANTA CLARA, Calif., March 19 /PRNewswire-FirstCall/ -- Palm, Inc. (Nasdaq: PALM) today announced that Palm Digital Media, the leading publisher and distributor of eBooks for handheld computers, joins publishing house Simon & Schuster in bringing an excerpt of Stephen King's latest collection of short stories to pedestrians on the streets of Manhattan.

For the next several weeks, New Yorkers with a Palm Powered(TM) handheld can get a free excerpt from King's new book, "Everything's Eventual," by pointing their handheld at one of the 100 kiosks set up on the sidewalks of midtown Manhattan. Designed by interactive mobile media company Streetbeam, Inc., in partnership with Viacom Outdoor, the kiosks are set up to beam information quickly and easily to Palm Powered handhelds using infrared signals. The hardcover edition and the eBook of King's "Everything's Eventual," both published by Scribner, a division of Simon & Schuster, is scheduled to be released today. The eBook for Palm Powered handhelds also is scheduled to be available today at www.palm.com/ebooks.

"This is a unique and fun way to introduce more people to eBooks and give users of handheld computers a glimpse at the latest work from one of the world's most popular authors," said Mike Segroves, director of business development for Palm Digital Media. "Simon & Schuster is at the forefront of an industry that is quickly recognizing the role this technology can play in meeting the needs of increasingly mobile customers, and it is paving the way for more exciting new book promotions for its authors."

"Working with Palm Digital Media, Viacom Outdoor and Streetbeam lets us communicate with readers in a way that was not possible before," said Kate Tentler, vice president, Simon & Schuster Online. "It's a very exciting time for the publishing industry as it begins to incorporate eBook and other digital technologies into the many layers of its business, and for Simon & Schuster as we break new ground with this promotional campaign."

Palm Digital Media, named Best eBook Publisher for 2001 by Handheld Computing Magazine, offers more than 4,000 eBooks from most major U.S. publishing houses. The eBooks are available for reading with Palm Reader(TM), recent winner of Pocket PC magazine's Best Product award for eBook Readers.

Palm Reader runs on Palm Powered handhelds using Palm OS(R) 3.0 and higher, as well as on Pocket PC handhelds. Also available is Palm Reader Pro, the next-generation eBook reader that features a built-in Webster's New World Dictionary and a collection of new fonts from Agfa Monotype Corporation, one of the leading providers of digital content for graphics professionals.

Palm Digital Media eBooks are available at www.Palm.com/ebooks.

About Simon & Schuster

Simon & Schuster, the publishing operation of Viacom Inc., is a global leader in the field of general interest publishing, dedicated to providing the best in fiction and nonfiction for consumers of all ages, across all printed, electronic and multi-media formats. Its divisions include the Simon & Schuster Adult Publishing Group, Simon & Schuster Children's Publishing, Simon & Schuster New Media, Simon & Schuster Online, Simon & Schuster U.K., and Simon & Schuster Australia. For more information, visit our website at http://www.simonsays.com .

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 by offering the foundation for thousands of application solutions. Palm stock is traded on the Nasdaq national market under the symbol PALM. More information is available at http://www.palm.com .

NOTE: Palm OS is a registered trademark and Palm, Palm Powered and Palm Reader are trademarks of Palm, Inc. Other brands may be trademarks of their respective owners.

SOURCE Palm, Inc.
Web site: http: //www.palm.com
CONTACT: Kathleen Dixon of Dixon Communications, +1-408-871-7765, or kathleen@kdixon.com, for Palm, Inc.; or Adam Rothberg of Simon & Schuster, +1-212-698-1132, or adam.rothberg@simonandschuster.com