Wednesday, May 21, 2003

Palm’s Trade Up Program

Close on the heels of the introduction of two new products aggressively priced and positioned against HP and Sony handhelds, <A HREF="http://ir.thomsonfn.com/InvestorRelations/PubNewsStory.aspx?partner=Mzg0TlRFMU1BPT1QJFkEQUALSTO&product=MzgwU1ZJPVAkWQEQUALSTOEQUALSTO&storyid=87954">Palm, Inc.</A> announced a Trade Up Program. The program encourages handheld buyers to replace competitors' products or upgrade existing Palm handhelds. Consumers will receive a $50 rebate on the purchase of any Tungsten or Zire 71 handheld when they trade in their old handheld. This promotion coincides with results from head-to-head testing by an independent lab, in which Palm Tungsten handhelds equaled or outperformed HP Pocket PC devices in all tests.

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