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Technology Stocks : Personal Digital Assistants (PDA)

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To: KevRupert who started this subject11/13/2000 7:40:27 PM
From: KevRupert   of 817
 
Palm & Yodleee News Release:

This sounds really interesting. Read -- something I would use! :)

corporate-ir.net

Yodlee and Palm Bring the Power of Personal Account Aggregation to MyPalm Portal Users; Users to Manage Bank Balances, Stock Portfolios, Travel Reservations, Bills and More

LAS VEGAS--(BUSINESS WIRE)--Nov. 13, 2000--Yodlee, the pioneer and leading provider of account aggregation services, and Palm, Inc. (Nasdaq:PALM), the leading provider of handheld computers, today announced an agreement to create the MyInfo service, a Yodlee-powered aggregation service available to all wirelessly enabled Palm(TM) handheld computer users. An integrated component of Palm's new MyPalm(TM) portal, announced separately today, the MyInfo service gives MyPalm users one-click access to all their personal information. Users can access and manage bank balances, stock portfolios, travel reservations, bills, and more -- from thousands of providers in a single web clipping application.

"The MyPalm portal is a perfect fit for our aggregation service because it puts users' highly relevant, personal information right at their fingertips -- providing the ultimate convenience for the mobile user," said Anil Arora, chief executive officer of Yodlee.com. "Our collaboration with Palm creates a truly personal experience for wirelessly enabled Palm handheld users."

"Consumers want the convenience of having their disparate information pulled together in one easy-to-access place," said Frances Hoge, vice president, content and marketing for Content and Access, at Palm, Inc. "Yodlee represents this type of next-generation solution that we believe will drive the continued adoption of handheld computers."

MyInfo Wireless Capabilities

The MyInfo service enables users to do the following:

access personal information from more than 2,000 websites -- including bank balances, travel reservations, investments, e-mail subject headers, news headlines, bills and shopping orders -- directly on the MyPalm portal or on their Palm handhelds with a single, secure login;

view real-time summaries of all their recent account activities in one place;

insert personal account information from the web directly into Date Book, Memo, and To Do applications on the handheld; and

sign up and add new web accounts directly from their Palm handhelds.

The MyInfo service helps simplify life with convenient access to all the information that matters most -- anywhere, anytime. In addition, it leverages Certicom ECC and SSL security technologies to protect sensitive user data in transit, and employs advanced secure network infrastructure and physical security measures to keep user data private.

About Palm, Inc.

Palm, Inc. is a pioneer in the field of mobile and wireless Internet solutions and a leading provider of handheld computers (source: IDC, December 1999). Based on the Palm OS(R) platform, Palm's handheld solutions allow people to carry and access their most critical information with them wherever they go. Palm handhelds address the needs of individuals, enterprises and educational institutions through thousands of application solutions. The Palm OS platform is also the foundation for products from Palm's licensees and strategic partners, such as Cresenda Wireless; ePocrates, Inc.; Franklin Covey; Handspring; IBM; Sony; Symbol Technologies; and TRG. Platform licensees also include Kyocera and Nokia. Palm went public on March 2, 2000. Its stock is traded on the Nasdaq national market under the symbol PALM. More information is available at www.palm.com.

About Yodlee

Yodlee is the pioneer and leading provider of personal account aggregation services on the Internet. Yodlee's Aggregation Platform is powering the next-generation personal services to be offered by over 55 co-brand partners, including ABN AMRO, AOL, Chase, Citibank, Intuit, AltaVista, E*TRADE, Morgan Stanley Dean Witter, Palm, Inc., and many other leading global institutions. Yodlee-powered services are revolutionizing the way consumers manage their online lives by enabling them to centrally access, manage, and act upon all their personal account information from thousands of providers and web sites. Users can access their personal information from any PC, PDA, or web-enabled phone. Yodlee is backed by venture capital firms Accel Partners and Sequoia Capital and an elite group of private and corporate investors. The Company is based in Redwood Shores, California and can be reached at 650/980-3600 or toll-free at 877/296-3533, info@yodlee.com, or www.yodlee.com.

NOTE TO EDITORS: Please see today's related Palm announcement, "Palm Makes Internet Personal and Portable with MyPalm Portal."

Yodlee, Yodlee.com, and Yodlee2Go are trademarks of Yodlee.com, Inc. Palm OS is a registered trademark and Palm and MyPalm are trademarks of Palm, Inc. or its subsidiaries. All other names and trademarks are the property of their respective owners.

CONTACT: Yodlee
Melanie Flanigan, 650/980-3671
melanie@yodlee.com
or
Palm, Inc.
Marlene Somsak, 408/326-7513
marlene_somsak@palm.com
or
A&R Partners for Palm
Yvette Lorenz-Machlan, 650/762-2827
ylorenz-achlan@arpartners.com
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