Puma Technology Declares 2-for-1 Stock Split; Board Of Directors Approves Stock Split.

Business Editors

SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 23, 2000

Puma Technology, Inc. (Nasdaq:PUMA), a leading provider of mobile device management and synchronization software, announced today that its Board of Directors has approved a two-for-one split of its common stock. The stock split will be affected as a stock dividend. Stockholders of record as of the close of business on March 8, 2000 will be issued a certificate representing one additional share for each share of common stock held on the record date. These certificates will be distributed on March 22, 2000. The stock split will increase the number of shares of common stock outstanding from approximately 15,600,000 shares to approximately 31,200,000 shares. The 31,200,000 outstanding shares exclude an additional 10,000,000 shares reserved for issuance upon the closing of the NetMind merger adjusted on a post-split basis. The pending acquisition of NetMind is expected to close in the Company's third fiscal quarter.

ABOUT PUMA TECHNOLOGY

Puma Technology is a leading provider of mobile device management and synchronization software that enables consumers, mobile professionals and information technology officers in the corporate enterprise to harness the full capabilities of handheld organizers/computers, "smart phones" and other wireless personal communication platforms. The Puma Technology(R) Intellisync software platform is the global standard for synchronization and control of the critical connection between handheld devices and vast stores of information found in corporate databases, the Internet and individual desktops. Puma is the only company that provides an end-to-end handheld management solution that addresses virtually every scenario for synchronization, total customization of device-based applications, centralized backup, security, information flow control, notification, and browsing of critical information. The Company's Intellisync platform enables the management and development of software to make handheld devices true extensions of the corporate server, the Internet and individual desktops. The Intellisync platform enables mobile access to up-to-the-minute, accurate, "anytime, anywhere" information and has been adopted worldwide by individuals, companies, mobile device manufacturers, telecommunications carriers and on-line contact, calendar and event services. The Company, headquartered in San Jose, Calif., maintains a web site at www.pumatech.com.

The forward looking statements above in this news release are based on current expectations and beliefs and are subject to numerous risks and uncertainties that could cause the actual results to differ materially. Factors that could cause actual results to differ materially include uncertainty related to consummation of proposed acquisition, the ability to obtain shareholder approval, difficulties of integrating the two companies' operations, the timely availability and acceptance of new products and upgrades, the impact of competitive products and pricing, consummation of binding agreements with prospective business partners, as well as additional risk factors, as discussed in the "Risk Factors" section of Puma Technology's Annual Report on Form 10-K dated July 31, 1998, and Puma Technology's quarterly reports filed with the U.S. Securities and Exchange Commission. Puma Technology disclaims any obligation to update any forward-looking statements as a result of developments occurring after the date of this press release.

Note to Editors: Puma Technology, Puma Technology logo, Intellisync, Satellite Forms and Intellisync Anywhere are trademarks of Puma Technology, Inc. which may be registered in some jurisdictions. ProxiWare and ProxiWeb are trademarks of ProxiNet, Inc. All other product or company names are trademarks of their respective owners.