SANTA CLARA, Calif., May 2 /PRNewswire-FirstCall/ -- Palm, Inc. (Nasdaq: PALM) today announced that its board of directors has named Todd Bradley as president, Palm Solutions Group. He retains his role as the group's chief operating officer.

"This appointment reflects the board's confidence in Todd's leadership and recognizes him for his team's operational contributions over the last three quarters," said Eric Benhamou, Palm chairman of the board and chief executive officer.

As head of the Solutions Group, Bradley is in charge of the company's handheld computer hardware; software, such as enterprise email software; and add-ons, such as keyboards and SD Card and MultiMediaCard expansion cards. The group targets consumers, mobile professionals and enterprises, and its Palm(TM) branded handhelds are the world's most popular, with more than 17 million having been shipped. (A sister organization, led by David Nagel, PalmSource, Inc. chief executive officer, has reported that more than 21 million Palm Powered(TM) handhelds have been shipped.)

"We're building the management bench strength we need to support the eventual external separation of our two Palm businesses," Benhamou said, referring to previously announced plans to separate PalmSource, the company's platform subsidiary, and to thereby create two independent, profitable businesses, each the leader in its field.

Prior to joining Palm in June 2001, Bradley, 43, was executive vice president of global operations at Gateway Inc. During his three years there, Bradley streamlined business and manufacturing processes. He also held executive positions at GE Capital Corp., Dunn and Bradstreet Corp., and Federal Express Corp.

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Safe Harbor

This press release contains forward-looking statements within the meaning of the federal securities laws, including statements regarding the separation of Palm's businesses. These statements are subject to risks and uncertainties that could cause actual results and events to differ materially, including possible fluctuations in the demand for Palm's products and services, possible fluctuations in economic conditions affecting Palm's industry and its customers, Palm's ability to develop new products and services and to gain customer acceptance for them and Palm's ability to compete with existing and new competitors. A detailed discussion of other risks and uncertainties that could cause actual results and events to differ materially from such forward- looking statements is included in Palm's most recent filings with the Securities and Exchange Commission, including Palm's report on Form 10-Q for the quarterly period ended March 1, 2002. Palm undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.

NOTE: Palm and Palm Powered are trademarks of Palm, Inc. Other brands may be trademarks of their respective owners.

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