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Compact, powerful Treo now shipping to U.S. customers, Cingular Wireless and VoiceStream offering competitive service plans for award-winning communicator

MOUNTAIN VIEW, CALIF. (February 11, 2002) —Handspring, Inc. (NASDAQ: HAND) today began selling its new Treo compact communicators at Handspring.com. Treo combines a mobile phone, wireless applications like email, messaging and Internet browsing, and a Palm OS organizer in one indispensable device. U.S. customers can now order the first two editions of Treo—the Treo 180 with a built-in QWERTY keyboard, and the Treo 180g with Graffiti handwriting software, at Handspring.com for $399 when purchased with a GSM service plan from Cingular Wireless or VoiceStream.

Handspring plans to begin selling Treo in North American retail stores in the coming months as it expands distribution channels for its communicator family. In January, Handspring began selling Treo in Asian markets including Hong Kong and Singapore, with service plans from partners SmarTone and SingTel. The company also recently announced a sales, marketing and distribution agreement with leading European provider mm02, which will offer service plans for Treo in the United Kingdom, Germany, Ireland and the Netherlands. In Sweden, Telia stores will carry Treo through an agreement with Handspring distribution partner APE Telecom.

"We've seen great interest in Treo since we announced it in October, and we are pleased to deliver this exciting product to our customers. With Treo, we are introducing a new brand of communications products that will simplify the way people communicate and access information," said Ed Colligan, chief operating officer for Handspring.

"Cingular is pleased to offer service for the Handspring Treo to our GSM customers," said Steve Krom, Cingular vice president of business marketing and product development. "The combination of Cingular's state-of-the-art network and wireless Internet with Handspring's highly sought-after Treo make a great wireless solution for consumers."

For the next three weeks, Handspring is making a special Treo offer for owners of its VisorPhone Springboard module. People who currently own a VisorPhone can purchase Treo for $399 without activation of a new service plan. For details on this special offer, visit www.handspring.com.

About Treo

Treo is a compact communicator that integrates the functions of a mobile phone and a handheld computer with Web browsing and text messaging. Treo is small, measuring 4.3 x 2.7 x 0.7 inches and weighing only 5.2 ounces, but its flip-open design makes possible a large screen suitable for Web page viewing and text messaging. The Treo has a rechargeable battery, a rocker switch for easy one-handed navigation and a speakerphone. It will also be able to take advantage of the future benefits of GPRS (General Packet Radio Service), a new industry standard optimized for wireless data transfer, with user-installable software that Handspring plans to deliver this summer. Handspring also intends to introduce an automated email solution later this year that will allow access to corporate email behind the firewall.

Treo Service Plans

Treo 180 and Treo 180g can be purchased at Handspring.com for U.S. $399 with activation of a GSM service plan from Cingular Wireless or VoiceStream. Through an easy one-stop shopping experience offered exclusively at Handspring.com, customers can purchase and activate a new Treo, while choosing from the service providers' regular rate plans that best fit their specific needs. For a full list of plan options and pricing, visit www.handspring.com/products/treo/plans.jhtml and click on the "find a plan" button to see what plans are available in your area. Customers also have the option to purchase the Treo 180 or Treo 180g without a service plan for U.S. $549 from Handspring.com.

About Handspring

Handspring is a leading innovator in personal communications and handheld computing. The company develops, manufactures and markets the Treo family of communicators, the Visor family of expandable handheld computers, and client and server software for fast Web access from handheld devices and mobile phones. Founded in 1998, the company established itself as an industry leader with its SpringboardTM platform, which provides a simple and easy method for hardware and software expansion. Today Handspring sells its Visor line of handheld computers and Springboard expansion modules and accessories at www.handspring.com and through select Internet and retail partners in the United States, Europe, Asia, Australia, New Zealand, Canada and the Middle East.

CAUTIONARY STATEMENT

This press release contains forward-looking statements that involve risks and uncertainties, including those relating to: the ability of Handspring to effectively expand its North American distribution channels and sell Treo in retail stores; the degree to which Treo will simplify the way people communicate and access information; and the timing and availability of the GPRS software upgrade for Treo. Actual results may differ materially due to a number of factors including, among others: future economic conditions; consumer acceptance of and demand for Handspring's Treo communicator products; the availability of Treo communicator products in the US and internationally; the timing of the build-out of advanced wireless networks and the quality and scope of voice and data service coverage offered by wireless carriers; the degree to which wireless carriers will facilitate the successful introduction of Handspring's wireless products; and the rapid pace of technological change and competitive developments in the handheld computer and wireless communications industries. The matters discussed in this press release also involve risks and uncertainties, as described in the prospectuses filed by Handspring on December 19, 2001 with the Securities and Exchange Commission. Handspring assumes no obligation to update the forward-looking information contained in this press release, except as otherwise required by applicable law.

Handspring, the Handspring logo, Treo, Visor, Springboard, and the Treo logo are trademarks of Handspring, Inc. and may be registered in some jurisdictions. Blazer and the Handspring logo are trademarks of Handspring Inc., are registered trademarks in the U.S.A., and may be registered in other jurisdictions. Palm OS, Graffiti, and HotSync are registered trademarks and Palm and the Palm Powered logo are trademarks of Palm, Inc. and are used by Handspring under license. All other trademarks and trade names are the property of their respective owners.

Press Contacts:

Erin Davis
Switzer Communications, Inc.
(415) 945-7070
erin@switz.com

Brian Jaquet
Handspring, Inc.
(650)230-5211
bjaquet@handspring.com