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PalmSource 2004 Developer Conference
New ODM Partners GSPDA, Inventec Appliances Corp. and PiTech to Speed Time to Market and Reduce Development Costs for Palm Powered Smart Mobile Devices
SUNNYVALE, Calif., September 27, 2004 — PalmSource, Inc., (NASDAQ: PSRC) provider of Palm OS®, a leading operating system powering next generation mobile devices and smartphones, today announced that GSPDA, Inventec Appliances Corp. (IAC) and Portable Innovation Technology Limited (PiTech) have licensed Palm OS to design and develop Palm Powered™ smart mobile devices. As ODM partners, the three companies will provide Palm OS original equipment manufacturer (OEM) licensees with a one-stop solution for bringing innovative Palm Powered mobile products to market faster and more efficiently.
The PalmSource ODM program offers ODM partners access to the Palm OS Product Development Kit (PDK), enabling the research, design and development of innovative Palm Powered smartphones and wireless devices running either Palm OS Cobalt or Palm OS Garnet. By working with PalmSource ODM partners, OEM licensees can benefit from faster time to market for new Palm Powered mobile devices, freeing up technical resources for innovative differentiation based on market needs.
"Mobile devices continue to evolve to meet users' demand for innovation and ease-of-use," said Tim Bajarin, president of Creative Strategies. "PalmSource's efforts with its ODM partners is a step forward, driving faster time-to-market for a diverse class of Palm Powered mobile devices that meet consumers' personal and professional needs."
"Partnering with industry leading ODMs builds on the Palm OS® platform's movement to define the handheld and smartphone industry standards of ease-of-use, flexibility and compatibility," said David Nagel, president and CEO of PalmSource. "We believe our ODM partners offer Palm OS licensees the necessary tools, resources and expertise to drive further innovation in the mobile device market, stimulating growth throughout the Palm Powered™ Economy."
"Becoming an ODM partner enables GSPDA to expand its distribution worldwide and work with channel partners interested in offering innovative Palm Powered smartphones and wireless devices," said Thomas Tam, managing director, Group Sense Ltd. "The ODM partnership with PalmSource will enable our distribution partners to offer GSPDA's leading edge smartphones under their own brand."
"As a PalmSource ODM partner, Inventec Appliances Corp. is now in a position to assist Palm OS OEM licensees with their product design and development efforts," said Joyce Chang, vice president at Inventec Appliances Corp. "We look forward to working with Palm OS OEM licensees to help them reduce their time to market as they develop and deliver innovative smartphones and mobile devices."
"PiTech is pleased to extend its relationship with PalmSource by becoming an ODM partner," said Lyon Lau, executive director of business development for Portable Innovation Technology Limited. "As an ODM partner, we can offer complete turnkey services for the design and manufacture of Palm Powered smartphones and mobile devices."
PalmSource's ODM partners play a fundamental role in the product development cycle by enabling OEM licensees to reduce research and development costs while defining new categories of mobile products. The new PalmSource ODM program will also further strengthen the Palm Powered Economy by facilitating new business relationships among ODM partners, OEM licensees and Palm Powered Mobile World partners.
PalmSource ODM partners offer a wide variety of professional services focused on the design and manufacture of smart mobile devices, including handhelds, smartphones, feature phones, tablets and electronic dictionaries. By leveraging the ODM partners' industry knowledge and expertise, Palm OS OEM licensees can gain a competitive advantage in the development of new mobile devices delivering the ease-of-use, performance and software compatibility standards Palm OS has established in the handheld and smartphone industries.
To date, more than 35 million Palm Powered devices have been sold worldwide, making Palm OS a platform of choice for leading hardware manufacturers looking to create differentiated products for the global communications, industrial, enterprise, education and entertainment markets.
About PalmSource
PalmSource, Inc. is the company behind Palm OS, a leading operating system powering mobile information devices. Approximately 35 million Palm Powered handhelds and smartphones have been sold to date worldwide. Industry leaders Aceeca, AlphaSmart, Fossil, Garmin, GSL, Kyocera, Lenovo, palmOne, QTech, Samsung, Sony, Symbol Technologies and Tapwave license Palm OS to create diverse mobile devices that meet unique customer needs. Palm OS has given rise to a large community of users, enterprises, developers and manufacturers, who together make up the Palm Powered Economy. More information about PalmSource is available at www.palmsource.com, www.palmsource.co.uk, www.palmsource.fr, www.palmsource.de and www.palmsource.com.cn.
Copyright © 2004, PalmSource, Inc. PalmSource, Palm Powered and Palm OS are trademarks or registered trademarks of PalmSource, Inc. or its affiliate in the United States, France, Germany, Japan, the United Kingdom, and other countries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.
Safe Harbor Statement
CAUTIONARY NOTE REGARDING 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 our results to differ materially from those expressed or implied by such forward-looking statements. Such forward-looking statements include, without limitation, statements related to the features and benefits of our ODM program and Palm OS; Palm OS ODMs and OEMs; and the Palm Powered Economy. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include, without limitation, the ability of our ODM program and the Palm OS platform to provide Palm OS ODMs with the software and tools that enable such ODMs to provide Palm OS OEMs with the anticipated benefits, efficiencies, tools and reductions in development costs and an accelerated time to market; the ability of Palm OS ODMs to work successfully with Palm OS OEMs; the ability of Palm OS ODMs and OEMs to design, develop and deliver innovative Palm Powered mobile devices suited to individual end user needs and which are accepted by end users; the realization of new business relationships among Palm OS ODM partners and OEM licensees and Palm Powered Mobile World Partners that strengthen and grow the Palm Powered Economy; our ability to maintain and grow the Palm OS platform movement and to define the handheld and smartphone industry standards for ease-of-use, flexibility and compatibility; our ability to benefit from any growth in the smart mobile device markets; and the general economic conditions in the U.S. and abroad and other risks and uncertainties contained in our public announcements, reports to stockholders and other documents filed with and furnished to the Securities and Exchange Commission, including our Annual Report on Form 10-K for fiscal year ended May 28, 2004. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements.
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