Jon Rubinstein Appointed CEO of Palm

Ed Colligan Steps Down After Sixteen Years of Palm Leadership
SUNNYVALE, Calif.--(Business Wire)--
Palm, Inc. (Nasdaq: PALM) today announced that its board of directors has
appointed Jon Rubinstein to lead the company as Chairman and CEO upon the
departure of Ed Colligan, who is stepping down after sixteen years of leadership
at the company. Rubinstein, who joined Palm as Executive Chairman in October
2007 to help bring innovation back to the company, assumes his role as CEO on
June 12. Colligan plans to take some time off, then join Elevation Partners.

"I am very excited about taking on this expanded role at Palm," said Rubinstein.
"Ed and I have worked very hard together the past two years, and I`m grateful to
him for everything he`s done to help set the company up for success. With Palm
webOS we have ten-plus years of innovation ahead of us, and the Palm Pre is
already one of the year`s hottest new products. Due in no small part to Ed`s
courageous leadership, we`re in great shape to get Palm back to continuous
growth, and we plan to keep the trajectory going upward."

"I`m very proud of what Palm has accomplished so far," said Colligan. "We
pioneered two major product categories and I believe we are on our way to
defining the standard for the mobile web. I`m extremely proud of our team, and
grateful to have played a role in turning Palm around. I know that Jon, the
Board and the Palm executive team will do an incredible job driving Palm to new
heights."

About Palm, Inc.

Palm, Inc. is a leading mobile products company, creating instinctive yet
powerful mobile products that enable people to better manage their lives on the
go. The company`s products for consumers, mobile professionals and businesses
include Palm® Treo, Pre and Centro phones, as well as software, services and
accessories.

Palm products are sold through select Internet, retail, reseller and wireless
operator channels throughout the world, and at Palm online stores
(http://www.palm.com/store).

More information about Palm, Inc. is available at http://www.palm.com.

Palm, Treo, Pre, Synergy and Centro are among the trademarks or registered
trademarks owned by or licensed to Palm, Inc. All other brand and product names
are or may be trademarks of, and are used to identify products or services of,
their respective owners.

Palm, Inc.
Derick Mains, 408-617-8690
derick.mains@palm.com

Copyright Business Wire 2009