BASKING RIDGE, NJ, and SUNNYVALE, CA — Verizon Wireless, owner of the nation’s most reliable wireless voice and data network, and Palm, Inc. (NASDAQ: PALM) today announced the immediate availability of the Palm® Treo™ 755p smartphone in exclusive deep blue-green. Beginning today, customers may purchase the Treo 755p online at www.verizonwireless.com, by calling 1-800-2 JOIN IN or by contacting their Verizon Wireless Business Sales Representative. The device will be in Verizon Wireless Communications Stores on Jan. 7.

Compared to its Treo 700p predecessor, the Treo 755p has a sleeker design with an internal antenna and a soft-touch feel. Featuring a large, high-resolution, color touch-screen for quick stylus access to applications, the Treo 755p offers a full QWERTY keyboard for easy e-mail creation, Web browsing and text messaging. It also includes features such as a 1.3 megapixel camera and built-in support for Microsoft® Word®, Excel®, and PowerPoint® documents and PDF documents. Customers can view and edit Microsoft Word and Excel files, and view PowerPoint and Adobe PDF files. Running the Palm OS®, the new Palm Treo 755p from Verizon Wireless gives mobile professionals the tools they need to help maximize productivity.

Built-in Support for Direct Push Technology for E-mail
The Treo 755p offers VersaMail® 3.5.45 with built-in Microsoft Exchange ActiveSync® support for Microsoft Direct Push Technology that delivers e-mail and calendar updates from a home or office PC using Outlook®. Businesses connected to a Microsoft Exchange Server get fast, automatic wireless updates of e-mail, calendar and contact information with added IT security and remote manageability.

Treo 755p users also have the option of using Verizon Wireless’ Wireless Sync for quick and easy access to personal or corporate e-mail, contacts, calendar, and tasks from their home or office PC. Customers can sync up to 10 POP3 or IMAP e-mail accounts, including AOL®, Yahoo!® Premium and more with their Treo 755p. Wireless Sync supports Microsoft Exchange, IBM Lotus Notes® and IBM Lotus Domino®.

Fast Speeds with Verizon Wireless’ Broadband Network
Verizon Wireless customers using the Treo 755p have the benefit of Verizon Wireless’ EV-DO high-speed network to send and receive data. Verizon Wireless’ broadband network is the most reliable national wireless broadband network in the country and available from coast to coast.

For customers interested in using their Treo 755p smartphones as modems with a Verizon Wireless BroadbandAccess Connect service plan to send and receive data from notebook PCs, the Treo 755p can easily take advantage of the 600 kbps to 1.4 mbps typical download speeds of the Verizon Wireless EV-DO network.

The Treo 755p comes with built-in 60 MB of user-available memory and can be enhanced by using the miniSD™ slot to add separately purchased memory cards of up to 4 GB for storing data, photos, music, and video.

Integrated Google Maps for Mobile
With Google Maps™ installed right out of the box, Verizon Wireless customers using the Treo 755p can get directions; perform local searches; and view moveable/scalable maps, satellite imagery, and traffic updates while on-the-go. Customers can also map a contact’s address directly from the contact listing simply by selecting the “maps” button.

Pricing
The Palm Treo 755p from Verizon Wireless is available for $399.99 after a $50 mail-in rebate and new two-year customer agreement. Customers who purchase a qualified voice plan along with a data plan may be eligible for an additional $100 credit making the Treo 755p $299.99 for those customers.

Verizon Wireless Nationwide E-mail plans for the Treo 755p begin at $79.99 for 450 anytime voice minutes and unlimited e-mail. For more information on any Verizon Wireless product or service, visit www.verizonwireless.com.

About Verizon Wireless
Verizon Wireless operates the nation’s most reliable wireless voice and data network, serving 63.7 million customers. The largest U.S. wireless company and largest wireless data provider, based on revenues, Verizon Wireless is headquartered in Basking Ridge, N.J., with 68,000 employees nationwide. The company is a joint venture of Verizon Communications (NYSE: VZ) and Vodafone (NYSE and LSE: VOD). Find more information on the Web at www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.

About Palm, Inc.
Palm, Inc. is a global leader and innovator of easy-to-use mobile products that simplify people’s lives and help them stay connected on the go. The company offers a range of products -- including Palm® Treo™ and Centro™ smartphones, Palm handhelds, services and accessories -- to meet the needs of consumers, mobile professionals and businesses. Palm products are sold through select Internet, retail, reseller and wireless operator channels throughout the world, and at Palm Retail Stores and Palm online stores (http://www.palm.com/store).

More information about Palm, Inc. is available at http://www.palm.com.