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Technology Stocks : Nokia (NOK)
NOK 5.935+1.0%11:50 AM EST

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To: Mephisto who wrote (2479)10/14/1999 2:01:00 AM
From: Mephisto  Read Replies (1) of 34857
 
Nokia and Palm Computing Ally to Develop a New
Pen-based Product Category for Smart Phones


HELSINKI, Finland--(BUSINESS WIRE)--Oct. 13, 1999--New products will combine wireless voice and data access with mobile information management and handheld organizer capabilities.

Nokia and Palm Computing Inc., a 3Com company, announced today a broad joint development and licensing agreement
to create a new pen-based product category. Nokia is licensing the Palm Computing Operating System (Palm OS) so it can implement the user interface and applications to run on the Symbian platform.

The result: devices will run both Palm and Symbian applications. Nokia will introduce its first pen-based products in the American market and subsequently on a
worldwide basis. This cooperation will make it possible to deliver to consumers the benefits of pen-based wireless devices with superior ease of use, that integrates telephony with data applications,personal and professional information
management and other value-added services.

Says Jorma Ollila, Chairman and CEO of Nokia: ``In the emerging Mobile Information Society we anticipate strong
demand for various categories of future wireless devices. So far, our handset offering has included phones with keypad
input as well as communicators with keyboards. Now we intend to complement our range with products using a pen-based input. In that category, Palm Computing is a leader and has a wide market presence with its current products.


Combining Nokia's undisputed expertise in the wireless industry and Symbian's robust and effective platform with Palm Computing's industry-leading application environment and user-interface strengths gives the customers the best solution in this new product category.'

``Today's agreement is part of our strategy to make the Palm Computing applications the leading way for people to access
and manage the information that is critical to their businesses and to their lives,' says Alan Kessler, President of Palm Computing Inc. ``This powerful evolution of the Palm Computing applications, enriched with wireless voice, telephony, and increased data access capabilities will combine a new range of communication possibilities with the unique simplicity and wearability for which Palm's products have become synonymous. This is an exciting new growth opportunity for the Palm Economy. It will provide an innovative, flexible foundation for Palm's thousands of developers to expand the mobile information management market into new territories, worldwide.'

Consumers of products based on the new solution will benefit from the capabilities provided in Palm products, including
access to a library of thousands of personal and professional applications, combined with the advantages of wireless telephony and data access. This offers new applications opportunities to the tens of thousands of Palm and Symbian developers, and generates new wireless services for consumers across the world.

Nokia will contribute the key wireless technologies, including wireless voice communications and telephony applications, new emerging data protocols and IP-based wireless access to enterprise applications.

In addition, the products will deliver the advantages of open and global technologies, such as WAP (Wireless Application Protocol) and Bluetooth, both industry initiatives where Nokia is a co-founding member and a key industry developer.

The products will support Palm's web clipping technology for wireless access to Internet and intranet content. The technology will be network and protocol independent, allowing implementation of products in the major wireless networks worldwide.

Nokia and Palm Computing are committed to maintain a high level of backward compatibility for current Palm
applications, thus ensuring that a majority of existing applications will be supported on this next generation of products.

Nokia and Palm Computing expect to disclose information on the development environment and tools during the next 12
months.

About Nokia

Nokia is paving the way to the mobile information society with its innovative products and solutions. Nokia is the leading mobile phone supplier and a leading supplier of mobile, fixed and IP networks including related services. It also supplies multimedia terminals and computer displays. In 1998, net sales totaled EUR 13.3 billion (USD 15.7 billion).
Headquartered in Finland, Nokia is listed on the New York (NOK), Helsinki, Stockholm, London, Frankfurt and Paris
stock exchanges and employs more than 51 000 people. For more information, please visit www.nokia.com

About Palm Computing

Palm Computing, Inc., a 3Com company, is the leading provider of handheld computing solutions, including the
best-selling Palm III, Palm V and Palm VII series of connected organizers. The Palm Computing platform is the premiere handheld development environment and is the foundation for the market-leading connected organizers from Palm Computing as well as products from Palm Computing's strategic partners such as IBM, QUALCOMM, Franklin Covey
and Symbol Technologies. Designed to support the increasingly mobile and geographically dispersed nature of information management, the company's handheld solutions allow people to carry their most critical information in their pockets. For more information, please visit www.palm.com

About 3Com Corporation

With over 300 million customers worldwide, 3Com Corporation connects more people in more ways to information than
any other networking company. 3Com delivers innovative information access products and network system solutions to
large, medium and small enterprises; carriers and network service providers; PC OEMs; and consumers. 3Com - More
connected.(TM) For further information, visit 3Com's World Wide Web site at www.3com.com or the press site at
www.3com.com/pressbox

3Com and Palm Computing are registered trademarks and More connected. Palm, Palm III, Palm V and Palm VII are
trademarks of 3Com Corporation or its subsidiaries. All other brands and product names may be trademarks of the
respective companies with which they are associated. Nokia is the registered trademark of Nokia Corporation.
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