Industry Leader Honored for Best Device in the Mobile Handheld

                              Computer Category

ORLANDO, Fla., CTIA Wireless 2002, March 19 /PRNewswire-FirstCall/ -- Palm, Inc. (Nasdaq: PALM), a leading provider of handheld computers, today announced that it has won a MobileFocus Award for its Palm(TM) m515 color handheld. The award was announced just prior to MobileFocus 2002, the press event hosted by Pepcom on the eve of the popular CTIA Wireless show here in Orlando. The second annual MobileFocus Awards, which honored the best products and services for mobile computing in 14 categories, named the Palm m515 handheld the winner in the Mobile Handheld Computer category.

A stylish marriage of form and function, the Palm m515 handheld provides the tools mobile professionals need in a sophisticated, elegant handheld. It features a bright color screen that support more than 65,000 colors, Palm's dual-expansion technology, access to more than 13,000 commercial software applications, as well as the popular Personal Information Manager (PIM) and intuitive user interface that have made Palm products the world's favorite handheld computers. The new brighter color display and 16MB of memory let users work at their best no matter where they are, making the Palm m515 handheld the premier choice for managing a busy executive's mobile lifestyle.

"The award affirms Palm's continuing leadership in the handheld industry," said Kevin Hell, senior vice president of Product Management, Solutions Group, Palm, Inc. "We deliver products that give mobile professionals more control over their personal and professional lives. With 16MB of memory, Palm's dual-expansion technology, and new business applications, the m515 is a great handheld that grows with a user's needs."

Palm's dual-expansion technology comprises the Palm Expansion Card Slot (for use with SD Card and MultiMediaCard media), which allows people to carry and share office-productivity and education software, eBooks, photos, short videos, extensive reference materials, back-up capabilities and extra memory, and the Palm Universal Connector for attaching add-on modules, such as a collapsible keyboard or a wireless modem.

In addition to the Palm m515 handheld winning first place in the Mobile Handheld Computer category, the Palm i705 wireless handheld was a finalist in the Mobile Messaging Device category. The Palm i705 handheld integrates always-on,(1) secure, end-to-end, behind-the-firewall "push" email for corporate users, web browsing and expansion, and AOL Instant Messenger (AIM) service, with the classic Palm Personal Information Management (PIM) features, combined in a sleek silver one-piece package. It is the only wireless solution in the marketplace that delivers all of the above benefits.

The Palm m515 handheld has an estimated U.S. street price of $399 and is available in most countries worldwide. It can be purchased by U.S. customers at The Palm Store (http://store.palm.com ). The Palm i705 handheld has an estimated U.S. street price of $449; a Palm.Net(R) service subscription is required to activate the wireless functionality. The device is available online at The Palm Store (http://store.palm.com ) and in U.S. retail stores.

MobileFocus 2002

For more information on the MobileFocus 2002 awards, please see a related release issued today by Pepcom on MobileFocus @ Orlando.

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 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 .

(1) The "always-on" service is paid for by users, is proprietary to Palm, and coverage is limited in the United States.

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

SOURCE Palm, Inc.
Web site: http: //www.palm.com
CONTACT: Daphne Dickson of A&R Partners, +1-650-533-4066, or ddickson@arpartners.com, for Palm, Inc.