On March 1, Palm and Siebel Systems announced an alliance to jointly market and sell handheld eBusiness solutions. Support for the Palm OS software in Siebel's products will begin with Siebel 2000, which is scheduled for release this spring. On March 7, Palm and Tivoli Systems announced an alliance that will provide enterprise IT solutions that refine enterprise management of Palm OS handhelds. As part of this alliance, Tivoli launched the new Tivoli Device Manager for the Palm OS platform. On March 15, Palm announced the establishment of a wholly owned Japanese subsidiary, Palm Computing K.K., to provide branded sales, marketing and support for handheld computing customers in Japan.
Palm continues to drive technology development for handheld computing products.
During the quarter, Palm became a founding member of the Sync ML initiative, along with IBM, Nokia, Motorola and other industry leaders, to drive the future of universal synchronization between mobile devices, regardless of platform or manufacturer. Designed to support the increasingly mobile and geographically dispersed nature of information management, the company's handheld solutions allow people to carry their most critical information in their pockets. These statements are subject to risks and uncertainties, which could cause future events to differ materially. These risks and uncertainties include possible development or marketing delays with the products and solutions to be offered through these agreements and alliances, potential defects in the products and solutions to be developed, the acceptance by the market of these products and solutions, and the ability of Palm to successfully work with these other companies and secure the resources necessary to realize the benefits of these agreements and alliances. Palm OS is a registered trademark and Palm, Palm.