Verizon, Palm Team

BASKING RIDGE, N.J. and SUNNYVALE, Calif. — For businesses and individuals who want the latest all-in-one mobile communications and business productivity solution, Verizon Wireless and Palm, Inc. (NASDAQ: PALM) today announced the PalmR Treo(TM) 700p smartphone is available online today and will be available in Verizon Wireless Communications Stores on June 1. The Treo 700p smartphone includes hardware and software innovations centered around usability, connectivity, multimedia and compatibility, designed to take advantage of the fast EV-DO data speeds of Verizon Wireless’ BroadbandAccess service. With the Treo 700p, Verizon Wireless customers can also enjoy fast EV-DO speeds on their laptop computers with BroadbandAccess Connect, which turns their new smartphone into a wireless modem.

Verizon Wireless customers using the Treo 700p have the benefit of Verizon Wireless’ BroadbandAccess service – which runs on the nation’s most award-winning wireless broadband network – to send and receive data. With the wireless broadband connection, customers can get access to broadband-like speeds while out of the office or on the road. Today, BroadbandAccess covers more than 150 million Americans and offers average download speeds of 400-700 kilobits per second.(1)

The Palm Treo 700p from Verizon Wireless offers the following features that help businesses and mobile professionals increase productivity:

Support for Wireless Sync to provide the convenience of push e-mail and easy access to personal information-management tools, such as contacts and calendar, as well as enterprise tools, such as device management and file synchronization;

Enough memory to manage business and personal digital needs in one

place with 128MB of memory 60MB of dedicated user storage;

IntelR XScaleR technology-based processor;

A 1.3-megapixel camera and camcorder, offering four times the resolution of a VGA camera;

Exceptional phone functionality, including personalized ring tones for various categories of callers and the ability to respond to a call with text messaging;

New voice-memo application, which can be used to create custom ring tones, add voice annotations to photos or simply record a memo;

Enhanced e-mail and messaging capabilities, including better Microsoft Exchange Server 2003 ActiveSync support, which now includes contact sync in addition to e-mail and calendar, as well as threaded SMS/MMS messages in a single chat view and out-of-the-box support for Yahoo! R, AOL, and Gmail;

Smarter, faster Web browsing using a new and improved version of the award-winning Blazer browser;

Full PDF support using DataVizR Documents To GoR Version 8.0, which also offers native support for Microsoft WordR, ExcelR and PowerPointR; and

The fast, friendly and familiar Palm OSR platform, Version 5.4.9.

“The Palm Treo 700p is the newest addition to our extensive line of devices for business customers and mobile professionals, giving them yet another choice that will help them stay competitive and productive in today’s fast-paced business environment,” said John Stratton, vice president and chief marketing officer for Verizon Wireless. “With the Treo 700p and its fast connections via BroadbandAccess, Verizon Wireless helps meet the needs of loyal Palm customers who demand the latest in technology.”

Verizon Wireless

Palm Inc.

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