[Nieuws] palmOne verlengt PalmOS-licentie bij PalmSource

palmOne Renews Palm OS License from PalmSource

Leaders in next-generation phones and mobile devices strengthen
relationship for continued innovation

SUNNYVALE and MILPITAS, Calif. May 24, 2005---PalmSource (NASDAQ: PSRC)
and palmOne Inc. (NASDAQ: PLMO) today announced that palmOne has renewed
its license of the Palm operating system. As part of this new agreement,
palmOne can continue to develop and market smartphones and other mobile
devices based on the industry leading Palm OS(r) through 2009. Under the
terms of the agreement PalmSource will receive minimum royalty payments
of $148.5 million, which includes $65 million for calendar years 2007 to
2009 subject to meeting certain development milestones.

The companies also announced today that PalmSource has sold its interest
in the holding company that owns the trademarks of the Palm brand, in
exchange for $30 million to be paid by palmOne over three and a half
years. Over the next four years, PalmSource will retain rights to use
the PalmSource name and certain related Palm trademarks for itself and
its licensees. PalmSource will also adopt a new brand identity during
this period.

With the new license agreement in place, PalmSource and palmOne can
continue to collaborate and bring innovative Palm Powered(tm) products
to market. Over the years palmOne has developed a full line of
successful Palm Powered smartphones and mobile devices, including the
Treo(tm) smartphone, Tungsten(tm) and Zire(tm) families of handheld
computers and the LifeDrive mobile manager. Palm Powered phones are
supported by more than 40 of the world's top wireless carriers, making
Palm OS a leading platform for the development and deployment of phones
and wireless devices.

"Extending our license of Palm OS is an essential component of our
success and ensures we can continue to build great Palm OS based
products for years to come," said Ed Colligan, palmOne president and
chief executive officer. "The openness and ease-of-integration of the
Palm OS allows palmOne to benefit from the advantages of a powerful
platform."
"We greatly value our relationship with palmOne and its exceptional Palm
OS based smartphones and mobile computing products," said Patrick
McVeigh, interim chief executive officer of PalmSource." We look forward
to working with palmOne on future mobile products that provide customers
with state-of-the-art capabilities."