Palm Appoints Bill Coleman to Board of Directors

Business Wire, July 31, 2006

SUNNYVALE, Calif. -- Palm, Inc. (Nasdaq:PALM) today announced the election of Bill Coleman, founder, chairman and chief executive officer of Cassatt, Corp., to its board of directors. Coleman also was a co-founder and first chief executive officer of BEA Systems, Inc., a world-leading infrastructure-software company. Prior to BEA, Coleman held various management positions at Sun Microsystems, Inc., including vice president and general manager of Sun Professional Services; vice president of system software, overseeing the Sun operating system, Solaris; and co-founder of the Sun Federal Division.

He is a member of the board of directors of Symantec Corp. and the Silicon Valley Leadership Group and a member of the Trilateral Commission, a group formed in 1973 by private citizens of Japan, European Union countries, the United States and Canada to foster closer cooperation among core democratic industrialized areas of the world. He also is president of the Coleman Colorado Foundation, which supports the University of Colorado Coleman Institute for Cognitive Disabilities.

He holds a bachelor's degree in computer science from the U.S. Air Force Academy and master's degrees in computer science and computer engineering from Stanford University.

"Bill is an experienced technology entrepreneur, CEO, and director," said Eric Benhamou, chairman of the board of Palm. "He has been associated with many successful growth companies throughout his career. He has also earned a deserved reputation as a generous philanthropist. The Palm board is fortunate to be able to benefit from his wisdom and counsel."

About Palm, Inc.

Palm, Inc., a leader in mobile computing, strives to put the power of computing in people's hands so they can access and share their most important information. The company's products for consumers, mobile professionals and businesses include Palm(R) Treo(TM) smartphones, Palm handheld computers, and Palm LifeDrive(TM) mobile managers, as well as software, services and accessories.

Palm products are sold through select Internet, retail, reseller and wireless operator channels throughout the world, and at Palm Retail Stores and Palm online stores (http://www.palm.com/store).

More information about Palm, Inc. is available at http://www.palm.com.

Palm, Treo and LifeDrive are among the trademarks or registered trademarks owned by or licensed to Palm, Inc. All other brand and product names are or may be trademarks of, and are used to identify products or services of, their respective owners.