Palm, Inc. (NASDAQ: PALM) is a leading provider of mobile devices that enable users to access and share any information, anywhere. Palm has been a pioneer in mobile since its inception, with such innovations as the PalmPilot™ (the most successful PDA in history), Graffiti™ (a simplified alphabet to input letters into the PalmPilot), and Palm® webOS™ (the first operating system built exclusively for mobile use). Palm devices simplify both business and personal lives by combining phone functionality, wireless data applications (such as email), multimedia, social networking, and productivity software into a single, compact device. Palm’s vertically-integrated hardware and software solutions enable delivery of a superior consumer experience and will be a critical differentiator for its products as mobile content usage grows.

The company’s current products include the Palm Prē™ and Pixi™ smartphones as well as software, services and accessories. Prē and Pixi are available with Palm webOS and are compatible on both GSM and CDMA networks. Palm products are sold through select Internet, retail, reseller, and wireless operator channels throughout the world and at Palm retail and Palm online stores. In addition, Palm provides the ability to purchase and download software applications, including business productivity tools and entertainment applications, via its devices and through its website.

Elevation invested in Palm beginning in October 2007. HP acquired Palm on July 1, 2010.

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