Alltel Wireless Now Offering Palm Treo 700wx Smartphone.

Alltel's First Windows Mobile-based Treo Smartphone Offers Businesses a Powerful Productivity Tool with Broadband Speeds

LITTLE ROCK, Ark. & SUNNYVALE, Calif. -- Alltel Wireless, America's largest network, and Palm, Inc. (Nasdaq:PALM), a leader in mobile computing, today announced the Palm[R] Treo[TM] 700wx smartphone, which comprises all the functionality and ease of use for which Treo smartphones are known, with the power and security of Windows Mobile.

"The Palm Treo 700wx, running Windows Mobile, allows us to offer our customers one of the world's most innovative smartphones running on the mobile software platform favored by many businesses," said Wade McGill, senior vice president of product management for Alltel Wireless. "This new offering will make it even easier for Alltel Wireless customers to remain connected and productive while away from the office."

The Treo 700wx builds on the award-winning design of the Treo 650 smartphone and takes advantage of Windows Mobile 5.0, offering the ability to view and edit Microsoft[R] Word Mobile and Excel[R] Mobile files, and view PowerPoint[R] Mobile and PDF files. In addition, users can get ready access to the Internet and multimedia content using Internet Explorer Mobile and Windows Media Player Mobile, as well as direct access to Microsoft Exchange Server 2003 for mobile access to email.(1)

Unique to the Treo smartphone on Windows Mobile 5.0 is a suite of software enhancements developed by Palm that underscores its brand promise of fast access, ease of use and simplicity. Examples include the following:

* Today Screen enhancements, which feature the ability to "dial by name" with a few keystrokes on the keyboard, perform a web search directly from the Today Screen and perform one-touch dialing with personalized photo speed dials;

* Ability to manage a call directly from the Today Screen and stay on top of voicemail with on-screen, VCR-like icons, such as rewind, delete and fast-forward controls for easy navigation; and

* Ability to ignore a call and quickly compose a text message such as "In a meeting" or "Can't talk right now" by selecting the "Ignore with text" option from the incoming-call screen.

"With the addition of the Treo 700wx to Alltel's product portfolio, customers now have another great choice of Treo products to check their email, browse the web and download and edit documents," said Tim Roper, vice president, U.S. region, for Palm, Inc. "Being able to give customers more choices satisfies the growing demands of the mobile work force."

Key Productivity Features

The Treo 700wx provides the same great world-class Treo experience and ease of use that customers expect, as well as the following key features:

-- Access to Email on the Go: Office SyncSM from Alltel provides
   access to corporate and personal email, calendar, corporate
   directory, personal contacts and documents from your mobile device
   with end-to-end security. Office Sync is available on a growing
   number of devices and form factors from Alltel. Users can benefit
   from fast, automatic wireless updates of their email, calendar
   items, contacts and tasks via Microsoft Outlook(R) and Lotus Notes.

   Windows Mobile Messaging and Security Feature Pack (MSFP) includes
   Direct Push Technology, native S/MIME support, certificate-based
   authentication to Exchange data, global address lookup, and remote
   and local device wipe.

-- Built-in Dial-up Networking (DUN) Capabilities: Treo 700wx
   smartphone users can take advantage of fast download speeds using
   Alltel's Axcess Broadband network on their laptop computers by
   using the new smartphone as a wireless modem via USB technology.(2)
   This functionality offers an alternative to Wi-Fi, enabling users
   to access a high-speed connection in coffee shops, airports or
   hotels.

Additional Treo 700wx Features and Benefits

* 1.3-megapixel camera to shoot crisp, clear digital images and videos;

* 64MB RAM for program execution(3);

* Integrated Bluetooth[R] 1.2 wireless technology for communicating with compatible headsets, car kits, computers and printers equipped with Bluetooth technology;

* Removable battery and non-volatile memory;

* Expansion-card slot (SD, SDIO, and MultiMediaCard compatible); and

* 240x240 transflective (TFT) screen.

Additional Applications from Alltel for the Treo 700wx

* Sharpcast Photos offers Alltel customers a completely new experience for viewing their entire desktop PC photo collection on their Treo 700wx, automatically syncing Treo pictures to their desktop and the web, and effortlessly sharing their mobile, desktop and web photo albums from their Treo 700wx. Visit www.sharpcast.com/alltel to get started.

* A mobile software store from Handango[TM] enables on-device software purchases from a catalog of productivity and entertainment titles. Customers can download the software store at www.handango.com/alltel.

* Handmark[R] Pocket Express[TM] delivers news, weather, sports, maps, directory look-ups, movie show times and other mobile content to Alltel subscribers. Visit www.handmark.com/alltel.

Pricing and Availability

The Palm Treo 700wx smartphone from Alltel Wireless is available now at Alltel retail stores and online at alltel.com starting at $349.99 after a $100 rebate. This discounted price is available to new customers on two-year service agreements as well as to existing eligible customers on qualifying rate plans.

About Alltel

Alltel (NYSE:AT) is owner and operator of the nation's largest wireless network and has more than 11 million wireless customers. For more information about Alltel, please visit http://www.alltel.com

About Palm, Inc.

Palm, Inc., a leader in mobile computing, strives to put the power of computing in people's hands so they can access and share their most important information. The company's products for consumers, mobile professionals and businesses include Palm[R] Treo[TM] smartphones, Palm handheld computers, and Palm LifeDrive[TM] mobile managers, as well as software, services and accessories.

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.

(1) Requires Exchange Server 2003 and access enabled by IT administrator. Within wireless service coverage area only. Availability and coverage depends upon carrier and the geographic scope of international roaming agreements. Email, messaging and web access requires data services from a mobile service provider at an additional cost. MSFP requires Exchange Server 2003 and access enabled by IT administrator.

(2) Within EvDO data wireless service coverage area only. Actual data speeds vary based on network capacity and application design. Compatible with 1xRTT network.

(3) RAM is for program execution and not user-available memory; user-available memory is approximately 60MB flash memory.

Palm, Palm OS, Treo and LifeDrive are among the trademarks or registered trademarks owned by or licensed to Palm, Inc. All other brand and product names are or may be trademarks of, and are used to identify products or services of, their respective owners.