HONG KONG and SUNNYVALE, Calif., Dec. 10 /PRNewswire-FirstCall/ -- PalmSource, Inc. ("PalmSource"), provider of the world's leading operating system for handhelds and smart phones, and the Palm OS(R) subsidiary of Palm, Inc. (Nasdaq: PALM), today welcomed Portable Innovation Technology ("PiTech") as the first Palm OS System Development Partner. Through this partnership, PiTech will provide a one-stop solution to Palm OS licensees who want to reach the market quickly with their own branded high quality and unique Palm Powered(TM) devices.

"We are very excited to be partnering with PalmSource, the world's leading standard for handheld operating systems. The Personal Digital Assistant ("PDA") industry is rapidly shaping our personal and business life and we are very pleased to be working along side PalmSource to make technology advancements happen," said Lyon Lau, executive director of business development, portable innovation technology.

"With PiTech as a Palm OS System Development Partner, our licensees will be able to bring products to market faster and benefit from innovative technology enhancements," said Lamar Potts, vice president of worldwide licensing at PalmSource. "PiTech is a great example of how partners add value and contribute to the growth of the Palm Economy."

"We provide a full range of services, including hardware design, Palm OS customization, driver development, product form factor design, software bundling, component sourcing and assembling service," said Patrick Lin, executive director of technology, Portable Innovation Technology.

As a Palm OS System Development Partner, PiTech will offer Palm OS licensees a range of professional development and manufacturing services designed to suit each client's needs and requirements. Clients can engage PiTech for its entire development cycle or select one or more of the service components.

About Portable Innovation Technology, Ltd.

Portable Innovation Technology, Ltd. (PIT) is a leading hardware, software and enterprise solution provider for consumer and enterprise. The Company was founded in October 2000. PIT is manufacturer of the award winning product, MemPlug Memory Adaptor Springboard module family for the Handspring Visor and PiLock -- The Palm Protector, security solution for Palm. Please visit www.pitech.com for further details.

About PalmSource, Inc.

PalmSource is the company behind Palm OS, one of the world's most successful operating systems for handhelds and smart phones. Licensed by industry leaders -- including Acer, AlphaSmart, ARM, ATI, Fossil, Garmin, GSL, Handera, Handspring, Intel, Kyocera, Legend, MediaQ, Motorola, Palm, Samsung, Sony, Symbol and Texas Instruments -- Palm OS has been shipped on more than 25 million handhelds and smart phones, and given rise to a huge community of users, enterprises, developers and manufacturers, who together make up the Palm Economy. PalmSource's new headquarters are located at 1240 Crossman Ave. in Sunnyvale, Calif. PalmSource is a subsidiary of Palm, Inc. (PALM). More information about PalmSource, Inc., is available at www.palmsource.com. Information about Palm, Inc. is available at www.palm.com/aboutpalm.

NOTE: Portable Innovation Technology Limited uses the PalmSource and Palm OS under the express license from PalmSource, Inc. Palm OS is a registered trademark and Palm Powered is a trademark of PalmSource, Inc., a subsidiary of Palm, Inc. Other brands may be trademarks of their respective owners.

SOURCE PalmSource, Inc.