NEW YORK -- For people who are ready to move up to a full-featured mobile phone that includes everything needed to stay organized, Palm, Inc. (Nasdaq:PALM) today announced the Palm(R) Treo(TM) 680 smartphone, a GSM/GPRS/EDGE quad-band world phone.(1) Customers will find the Treo 680 smartphone easy to use, slim and compact, yet packed full of features beyond its stellar phone capability, such as email, web browsing, messaging, multimedia, calendar, contacts and more.(2) In the coming weeks and months, carriers around the world will announce additional product details, availability and exact pricing. Palm believes this product will appeal to price-sensitive feature-phone owners who want a more capable mobile-computing device.

Palm's U.S. retail and online stores will sell exclusively an unlocked GSM version in four new cool colors - crimson, copper, arctic and graphite. For a limited time, they will come complete with a music bundle from Yahoo!, which includes a 30-day free trial to its music service. With Yahoo! Music Unlimited, users have access to more than 1 million songs to take with them anywhere.

With the introduction of the Palm OS(R) based Treo 680 smartphone, Palm is targeting new users in the rapidly growing smartphone and feature-phone markets. Market research firm In-Stat, estimates that 25 percent of all wireless handsets worldwide will be smartphones by 2011. Research conducted by Palm suggests a substantial population of feature-phone users have not purchased smartphones, fearing they were too expensive and too difficult to use. The Treo 680 will offer an affordable, simple and fun way to get started and stay connected.

"The Treo 680 is the smartphone for everyone. It's small, sleek, fast and comes in a variety of fun colors," said Ed Colligan, president and chief executive officer of Palm, Inc. "It's a great phone design, great for messaging and email, and provides users easy and fast access to the Internet and to their favorite music and pictures, and makes it easy for people to manage and balance their business and personal lives while on the go."

During a press conference at DigitalLife in New York City, the audience saw Palm's innovative hardware design and integrated, easy-to-use software. Known for ease of use, Palm differentiates the Treo 680 smartphone from others in the Treo family by offering the following features along with many additional enhancements:

The Treo 680 smartphone has an internal antenna and slim form factor, making the device smaller and sleeker than its Treo predecessors in the United States. It has a full, easy-type keyboard, perfect for writing SMS messages and emails, and an optimal 320x320 vibrant color screen for viewing web pages, photos, media and more.

The Treo 680 smartphone has a unique phone user interface that further simplifies Treo innovations, such as the ability to respond to calls with a preset text message and add new phone numbers to existing contact information, and three-way calling. The Treo 680 also has integrated email and web capabilities, so users can stay in touch with colleagues and friends. The messaging application on the Treo 680 displays text-messaging conversations as "threaded chats," similar to IM, so users can see their entire conversation with a particular person. The Treo 680 smartphone also can be used as an MP3 player and has an integrated digital camera, camcorder and video player.

The Treo 680 smartphone offers many additional features, including the following:

-- Added memory: The Treo 680 smartphone includes 64MB of user-available storage, nearly three times the memory of the original Treo 650 smartphone. Customers can add up to 2GB of storage with expansion cards for those large music or video files (sold separately);

-- Enhanced email and messaging: Exchange ActiveSync will now synchronize not only calendar and email, but contacts as well; SMS and MMS capabilities have been improved for a better user experience;

-- Improved web browser: The Blazer 4.5 browser is superfast due to its smarter caching rules and includes alternate modes for viewing web pages optimized for the device or as a regular web page;

-- Enhanced multimedia: Customers can use the Treo 680 smartphone to stream music, play MP3s and manage and share photo albums;

-- Built-in dial-up networking (DUN) capabilities: Customers can use the new smartphone as a wireless modem via Bluetooth(R) wireless technology to connect to a compatible Bluetooth enabled laptop;

-- Documents To Go: Customers can view, edit and share Microsoft Word and Excel documents on their Treo 680 smartphones in addition to viewing full-featured Adobe PDF files and Microsoft PowerPoint presentations; and

-- Bluetooth 1.2: Customers can connect wirelessly to other Bluetooth enabled devices. The Treo 680 has improved car-kit and headset support, and support for multiple simultaneous Bluetooth connections.

(1) Designed to be compatible with networks implementing GSM/GPRS/EDGE standards, but may not be available or operate in all countries.

(2) Within wireless service coverage area only. Availability and coverage depends upon carrier and the geographic scope of international roaming agreements. Email, messaging and web access requires data services from a mobile service provider at an additional cost. Email account not included. EDGE service not available in all areas.

Palm, Inc. (Nasdaq:PALM) today announced that it expects to bring online 20 carriers for its fourth new smartphone platform announced this calendar year. The four platforms enable a significant expansion of Palm's customer base and geographic reach. The smartphone platforms -- two using Palm OS(R) and two using Windows Mobile -- are distinguished by operating system, industrial design, radio technology or combination of those elements. All of the platforms are either shipping now or ready for shipment once carriers complete their certifications.

The fourth new smartphone -- the Palm(R) Treo 680 smartphone -- was announced today at DigitalLife, a tradeshow in New York City. It is a GSM/GPRS/EDGE quad-band world phone(1) that delivers the Palm experience on Palm OS and in a new design that features an internal antenna and slimmer body.

"Introducing more smartphones faster and to more regions around the world has been a corporate objective of ours for the last year," said Ed Colligan, Palm president and chief executive officer. "Now that we've delivered on all four promised smartphones, we are focused on expanding our global reach with each of them.

"With our latest smartphone -- the Treo 680 -- we'll reach out to a new, larger customer set of people who today own feature phones and are ready to experience a mobile phone that is also a mobile computer," Colligan said. "These customers will be able to experience the difference a Treo smartphone makes, feel the power of web and email information at their fingertips and the ease of data input with our award-winning QWERTY keyboard."

Colligan said he expects the new smartphone will be available via 20 or more carriers around the world by the end of the company's fiscal year, June 1, 2007.

Each of Palm's new smartphone platforms start with being excellent mobile phones, then are enhanced by quick and easy email access and easy access to the web.(2)

Email is often described as the "killer app" for smartphone users, which is why Palm offers a choice of email solutions on its award-winning smartphones. Palm believes that web browsing on the go is the next killer app -- perhaps even more important to a growing population of feature-phone users who increasingly expect more from their mobile phones.

The new smartphones are as follows:

-- The first new smartphone of the year is the Treo 700w, which was made available in January, uses the Windows Mobile operating system and runs on Verizon Wireless' EvDO network, delivering broadbandlike speeds for web browsing and email downloads. This smartphone appeals especially to businesses that prefer to use the Microsoft platform across all IT assets. It is distinguished by the Palm experience on top of Windows Mobile, conveying ease-of-use benefits to customers who prefer the familiar Windows interface. An extension to this line of smartphones is the Treo 700wx, which became available to Sprint customers in September. Announcements with carriers outside the United States are pending.

-- The second smartphone announced this year is the Treo 700p, announced in May. It delivers the hallmark Palm experience on Palm OS, and runs on the EvDO networks operated by Sprint and Verizon Wireless.(2) This improvement upon the former gold-standard Treo 650 with faster radio, more memory and improved multimedia capabilities appeals to individuals and businesses alike, especially those who value the industry's most compelling ease of use.

-- The third new phone of the year represents Palm's commitment to international expansion. The Treo 750v smartphone was unveiled in September in London, in conjunction with Vodafone Group and nine Vodafone operating companies across Europe plus Microsoft. This Windows Mobile-based five-band(3) smartphone has a 3G/UMTS radio for fast web browsing and email-document downloading(2) plus a sleeker form with internal antenna. Vodafone has a first-to-market advantage in Europe, with scheduled availability in Austria, France, Germany, Ireland, Italy, the Netherlands, Spain, Switzerland, and the UK. The Treo 750v also was introduced in Singapore through M1, Vodafone's network partner there. Additional carriers will be announced soon.

-- The fourth new smartphone of the year -- the Treo 680 -- is aimed at a new and larger demographic for Palm, a group of people who may be moving up from a feature phone and who may have experienced limited or disappointing email capabilities. The Treo 680 customer places a high value on work/life balance and may especially enjoy the more intuitive user interface on the smartphone's main screen, which gives the user super-speedy access to favorite applications. Inside are the same Palm personal information-management features plus web browsing and email(2), delivered via a quad-band EDGE radio, so it works in most corners of the world.(1)

(1) Designed to be compatible with networks implementing GSM/GPRS/EDGE standards, but may not be available or operate in all countries.

(2) Within wireless service coverage area only. Availability and coverage depends upon carrier and the geographic scope of international roaming agreements. Email, messaging and web access requires data services from a mobile service provider at an additional cost. Email account not included. EDGE service not available in all areas.

(3) Five bands are 850, 900, 1800, 1900 and 2100.