Press Release

PalmSource Celebrates Outstanding Success of European Developer Conference

SUNNYVALE, Calif., Oct. 3, 2003 -- The 2003 European PalmSource Developer Conference held on September 22-23, was a "must-attend" event for the Palm OS developer community. PalmSource hosted hundreds of Palm OS developers plus international press and analysts, partners, licensees and industry leaders, edging 400 in total attendance. Taking place during Munich's internationally famous Oktoberfest which was celebrated by all who attended, the two-day conference featured PalmSource speakers including David Nagel, president and CEO and Larry Slotnick, chief products officer, senior management from licensees Handspring, Palm Solutions Group, Samsung and Tapwave, partners and mobile operators. Conference attendees obtained the latest Palm OS technical information directly from PalmSource engineers and participated in networking events to uncover new market opportunities and learned how to effectively market and sell their Palm OS applications.

Celebrating innovation in the European Palm OS developer community, PalmSource announced the winners of the 2003 European Powered Up Awards and showcased the launch of 14 new applications for the Palm OS platform. The winners included:

Best European Productivity Solution:
PiLoc by Paragon Software, a comprehensive language localization solution for Palm Powered mobile devices. For more information, please visit: www.penreader.com/PalmOS/PiLoc.html.

Best European Enterprise Solution:
Agendus Professional by iambic, a complete and integrated contact management and communications solution for Palm Powered mobile devices. For more information, please visit: www.iambic.com/agenduspro/palmos.

Best European Leisure and Entertainment Solution:
Table Tennis 3D by Xavier Martin is an interactive table tennis simulation game for Palm Powered mobile devices. For more information, please visit: www.viex.org.

Best European Student Developer Solution: ProjectX, by Alexander Mlazev, is a fast-paced action adventure game for Palm Powered mobile devices. For more information, please email Alexander Mlazev at bialata@yahoo.com.

"We were absolutely thrilled with the turnout, energy and enthusiasm of the developer attendees at the 2003 European Developer Conference," said Larry Berkin, director of developer marketing, PalmSource. "We packed valuable information into this two-day event and the attendee feedback we received was overwhelmingly positive. There are already amazing things happening in the European Palm OS developer community and PalmSource will continue to support this community to bring innovation on Palm OS to a whole new level."

"What a great conference. It was professional and all the speakers were confident and well informed," said Ian Brockbank of Wolfson Microelectronics plc. "The event was interesting, and it was great to see PalmSource's vision for the handheld and smartphone markets. It was also good to meet and talk face to face with PalmSource staff, licensees and silicon partners. Valuable contacts were made, which made the event worth every penny. I was truly impressed."

Developers launching new Palm OS applications at the European PalmSource Developer Conference included:

In addition, PalmSource announced several new relationships at the European PalmSource Developer Conference. AppForge announced MobileVB 4.0 support for Palm OS 5 Palm Powered™ mobile devices, Tapwave announced the availability of the Tapwave Native Application (TNA) Model for the new Helix device, and Borland licensed the PalmSource software development kits (SDKs) and will support Palm OS development in the Borland C++BuilderX Integrated Development Environment (IDE) and latest Borland Applicaton Lifecycle Management (ALM) solutions for C++. PalmSource news also included announcing its intent to launch a new German Palm OS software online store "powered by" Pdassi, the leading European online retailer of Palm OS applications. PalmSource also announced the number of Palm Powered devices sold worldwide to date has surpassed 30 million.

About PalmSource
PalmSource is the company behind Palm OS, the popular operating system for handhelds and smartphone devices. Licensed by industry leaders including Aceeca, AlphaSmart, Fossil, Garmin, GSL, Handspring, HuneTec, Kyocera, Legend, Palm Solutions Group, Samsung, Sony, Symbol and Tapwave as well as Palm OS Ready Partners including ATI, Intel, MediaQ, Motorola, M-Systems, Samsung, Texas Instruments. Palm OS has been shipped to date on more than 30 million handhelds and smartphones, and given rise to a large community of users, enterprises, developers and manufacturers, who together make up the Palm Economy. PalmSource is a subsidiary of Palm Inc. (Nasdaq: PALM). More information about PalmSource is available at http://www.palmsource.com, http://www.palmsource.co.uk, http://www.palmsource.fr, http://www.palmsource.de and http://www.palmsource.com.cn.

Palm OS is a registered trademark and Palm Powered is a trademark of PalmSource Inc., a subsidiary of Palm Inc. Other brands may be trademarks of their respective owners.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they never materialize or prove incorrect, could cause the Company's results to differ materially from those expressed or implied by such forward-looking statements. Such forward-looking statements include, without limitation, statements related to our continued support of the European developer community and our anticipated launch of a German Palm OS software online store powered by Pdassi.

The risks and uncertainties that could cause the Company's results to differ materially from those expressed or implied by such forward-looking statements include, without limitation, the Company's ability to compete with new and existing competitors, errors or defects in Palm OS which may cause customers or developers to reject the Company's products, third party intellectual property infringement claims, the Company's ability to obtain key technology from third parties, the Company's ability to support its third party developer community or encourage application development, the effects of economic, political, regulatory and other risks associated with international operations, the Company's exposure to withholding taxes and other risks and uncertainties contained in the Company's public announcements, reports to stockholders and other documents filed with and furnished to the Securities and Exchange Commission, including the Company's Registration Statement on Form S-4 (Registration No. 333-106830). All forward-looking statements in this press release are based on information available to the Company as of the date hereof, and the Company assumes no obligation to update these forward-looking statements.

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