PSRC Palmsource (MM)

PacketVideo Media Player Now Available on Palm OS Platform - Company to Deliver Mobile Multimedia Solutions to Palm Powered Phones and Mobile Devices CANNES, France, Feb. 14 /PRNewswire-FirstCall/ -- 3GSM WORLD CONGRESS -- PalmSource, Inc. (NASDAQ:PSRC), provider of Palm OS(R), a leading operating system powering next generation phones and mobile devices, and PacketVideo Corporation, one of the world's leading supplier of embedded multimedia software for mobile phones, today announced the availability of PacketVideo's media player on the Palm OS platform. PacketVideo will provide its media player for use in Palm Powered(TM) phones and mobile devices. The companies also announced they will be demonstrating this technology on a Palm Powered smartphone in the PalmSource booth located in Hall 4, Stand K5 in the Palais des Festivals. PacketVideo's advanced technology and embedded engineering expertise enables hardware manufacturers to quickly and cost-effectively bring products to market with customized multimedia capabilities. The combination of PacketVideo's technology and the Palm OS platform will enable users to capture and display video content on their Palm Powered mobile device. "We are happy to offer our OEM handset customers the ability to use Palm OS(R) in their PV-powered multimedia devices," said Joel Espelien, PacketVideo VP of Strategy. "We look forward to commercial deployments of PV multimedia solutions with Palm OS." "PacketVideo is an industry recognized leader for its expertise in the mobile multimedia solutions market," said David Limp, PalmSource senior vice president of corporate and business strategy. "We believe that porting PacketVideo's pvPlayer to the Palm OS platform will enable mobile media manufacturers to quickly and cost-effectively bring products to market with customized encoding, decoding, and 2-way video conferencing capabilities." Customers interested in learning more about PacketVideo media player for Palm OS should contact PacketVideo Corporation. About PalmSource PalmSource, Inc. is the company behind Palm OS(R), a leading operating system powering mobile information devices. Approximately 38 million Palm Powered handhelds and smartphones have been sold to date worldwide. Industry leaders Aceeca, AlphaSmart, Fossil, Garmin, GSL, Kyocera, Lenovo, palmOne, QTech, Samsung, Sony, Symbol Technologies and Tapwave license Palm OS to create diverse mobile devices that meet unique customer needs. Palm OS has given rise to a large community of users, enterprises, developers and manufacturers, who together make up the Palm Powered Economy. More information about PalmSource is available at http://www.palmsource.com/, http://www.palmsource.co.uk/, http://www.palmsource.fr/, http://www.palmsource.de/, http://www.palmsource.com/es and http://www.palmsource.com.cn/. About PacketVideo PacketVideo is the number one supplier of embedded multimedia communications software for mobile phones with more than 60 design wins and 17 million phones shipped. The company's software enables mobile phones to take digital pictures, record home movies, play back digital music and videos, and make two-way videophone calls. PacketVideo's global leadership is proven by unrivaled relationships with mobile operators, dominance in design wins, and the millions of PacketVideo-powered multimedia phones in the market. PacketVideo was founded in 1998 and is headquartered in San Diego, Calif. More information can be found at http://www.packetvideo.com/. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements that involve risks and uncertainties, as well as assumptions that if they never materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. Such forward-looking statements include, without limitation, statements regarding the Palm OS platform; the features, functions and benefits of PacketVideo's media player and technology and their availability on the Palm OS platform. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include, without limitation, PacketVideo's ability to successfully port pvPlayer to the Palm OS platform; successful implementation and operation of the features and function of PacketVideo's media player and technology; the ability of mobile media manufacturers to quickly and cost-effectively bring products to market with customized encoding, decoding, and 2-way video conferencing capabilities; and other risks and uncertainties contained in our public announcements, reports to stockholders and other documents filed with and furnished to the Securities and Exchange Commission, including our Annual Report on Form 10-K for the period ended May 28, 2004 and our Quarterly Reports on Form 10-Q for the periods ended August 27, 2004 and November 26, 2004. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward- looking statements. 2005, PalmSource, Inc. PalmSource, Palm OS, Palm Powered, and certain other trademarks and logos appearing on this press release are trademarks or registered trademarks of PalmSource, Inc. or its affiliate in the United States, France, Germany, Japan, the United Kingdom, and other countries. These marks may not be used in connection with any product or service that does not belong to PalmSource, Inc. (except as expressly permitted by a license with PalmSource, Inc.), in any manner that is likely to cause confusion among customers, or in any manner that disparages or discredits PalmSource, Inc., its licensor, its subsidiaries or affiliates. All other brands and trademarks used herein are or may be trademarks of, and are used to identify other products or services of, their respective owners. All rights reserved. DATASOURCE: PalmSource, Inc. CONTACT: Uschi Joshua of PalmSource, Inc., +1-408-400-1923, or ; or Dann Wilkens of PacketVideo Corporation, +1-858-731-5454, or Web site: http://www.palmsource.com/ http://www.packetvideo.com/ http://www.palmsource.co.uk/ http://www.palmsource.fr/ http://www.palmsource.de/ http://www.palmsource.com/es http://www.palmsource.com.cn/

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