Pegasus Imaging Corporation announced the introduction of its new Server Image Reformatting Technology for immediate testing and evaluation. This technology is designed to enable the transport of Internet images to appliances such as handheld computers.

Electric Pocket Limited has announced enhanced versions of its BugMe! line of note-taking and messaging applications for Palm OS handheld computers.

3-Lib has produced a Palm OS training CD aimed at both beginners and those with a basic familiarity with the Palm OS.

CNET News.com reports Palm is lowering the price of several of its older models, bringing the Palm Vx from $349 to $299 and the Palm m100 from $149 to $129. According to the article, Palm is also making permanent a $30 discount on its Palm IIIc, bringing that to $299.

Bachmann Software & Services announced it celebrated their 50th development project within the handheld computer arena.

NTRU and Setec announced they have entered into a partnership that will integrate NTRU’s public key security technology with Setec’s MicroBrowser SIM card. The combination of these technologies provides the foundation for highly scalable security services suited for the consumer electronics and wireless markets.

Palm Boulevard reports The Signal and PDAsLostorStolen.com announced the inclusion of select wireless PDA modems to their comprehensive insurance package.

Adobe Systems Incorporated announced a public beta version of Acrobat Reader for the Palm OS.

Synchrologic announced the expansion of its European operations with the opening of offices in Italy and Germany. Synchrologic appointed Silvia Locatelli, country manager, to manage the Italian office located in Milan, and Gerhard Kessler, country manager, to manage the German office located in Munich. Both Locatelli and Kessler will report to Martin Allen, managing director of Synchrologic’s European, Middle Eastern and African business unit.

CNET News.com reports this week three handheld industry leaders will converse with Wall Street. According to the article, Palm is answering questions about its current problems Tuesday and Wednesday at a meeting with analysts. Meanwhile, Research in Motion reports earnings today, and Handspring follows Thursday.