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Press Release
Symbol Technologies Renews Global License Agreement with PalmSource – Press Release
Provides Customer Choice for Mobile Computing Devices
HOLTSVILLE, N.Y. and SUNNYVALE, Calif., March 7, 2005 — Symbol Technologies, Inc. (NYSE:SBL), The Enterprise Mobility Company™ and PalmSource, Inc. (NASDAQ: PSRC), provider of Palm OS®, a leading operating system powering next generation phones and mobile devices, today announced a private label distributor agreement enabling Symbol customers to take advantage of PalmSource's operating system software, which offers improved network communication, integrated telephony features and support for WiFi and Bluetooth. Under the terms of the agreement, Symbol will license Palm OS® for use in several of its mobile computers including the SPT1550 and SPT1800 handhelds and other future Symbol mobile computers.
"Symbol continues to provide a choice in operating systems for its enterprise mobility customers, allowing them to select the business applications that best meet their mobile workforce requirements," said Chuck Dourlet, vice president of product marketing, mobile computing, Symbol Technologies. "A wide selection of solutions enables workers within all kinds of organizations to capture, move and manage information in order to increase productivity and efficiency."
"We believe extending our partnership with Symbol Technologies will enable PalmSource to enhance the Palm OS platform's commercial market penetration, as well as continue to serve Symbol's Palm Powered™ mobile users," said Charlie Tritschler, vice president of product marketing, PalmSource, Inc. "Symbol customers will continue to benefit from rugged devices designed to offer easy application development and long battery life for the needs of today's growing mobile workforce."
The Symbol SPT 1550 and SPT 1800 rugged mobile computers combine integrated scanning, a choice of batch processing or wireless connectivity, and powerful processing capabilities with the Palm OS platform––making them well suited for the transportation and logistics, healthcare and retail industry sectors.
About Symbol Technologies
Symbol Technologies, Inc., The Enterprise Mobility Company™, is a recognized worldwide leader in enterprise mobility, delivering products and solutions that capture, move and manage information in real time to and from the point of business activity. Symbol enterprise mobility solutions integrate advanced data capture products, radio frequency identification technology, mobile computing platforms, wireless infrastructure, mobility software and world–class services programs under the Symbol Enterprise Mobility Services brand. Symbol enterprise mobility products and solutions are proven to increase workforce productivity, reduce operating costs, drive operational efficiencies and realize competitive advantages for the world's leading companies. More information is available at www.symbol.com.
About PalmSource
PalmSource, Inc. is the company behind Palm OS®, a leading operating system powering mobile information devices. Approximately 38 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, www.palmsource.com/es and www.palmsource.com.cn.
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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 regarding the features, functions and benefits of Palm OS® Developer Suite 1.1; Palm OS® Cobalt, and the development of next generation multimedia and wireless applications. 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 Palm OS Developer Suite 1.1 to perform as described and to provide the anticipated benefits including, without limitation, simplification of the development process; integration of the tools required by developers to easily build, edit, compile, and debug ARM–native applications for Palm OS®; the ability of Palm OS Developer Suite 1.1 to enable Palm OS developers to create best–in–class next generation wireless applications for ARM–based Palm Powered phones; acceptance of Palm OS Cobalt by our licensees and use of it's new API's by developers; the ability of PalmSource to grow and maintain its developer community and to compete with existing and new competitors; the continued growth of the smartphone and wireless markets and the penetration of these markets by PalmSource and its licensees; 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 the period ended May 28, 2004 and our Quarterly Report on Form 10–Q for the periods ended August 27, 2004 and November 26, 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.
Copyright © 2005, PalmSource, Inc. PalmSource, Palm OS, Palm Powered, and certain other trademarks and logos appearing on this press release are trademarks or registered trademarks of PalmSource, Inc. or its affiliate in the United States, France, Germany, Japan, the United Kingdom, and other countries. These marks may not be used in connection with any product or service that does not belong to PalmSource, Inc. (except as expressly permitted by a license with PalmSource, Inc.), in any manner that is likely to cause confusion among customers, or in any manner that disparages or discredits PalmSource, Inc., its licensor, its subsidiaries or affiliates. All other brands and trademarks used herein are or may be trademarks of, and are used to identify other products or services of, their respective owners. All rights reserved.
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