AlphaSmart licenses Palm OS platform

— 12:00 AM on August 29, 2001

PC's and Macs are de rigueur in education, but have you ever heard of AlphaSmart? Their leading product, the AlphaSmart 3000, is a portable writing tool that is gaining widespread use in education. In a coup for Palm, AlphaSmart has decided to license the Palm OS.

CUPERTINO and SANTA CLARA, Calif., Aug. 27, 2001 -- AlphaSmart, Inc., a leading provider of technology solutions for education, and Palm, Inc. (Nasdaq: PALM), the leading provider of operating systems for use in handheld computers and the leading provider of handhelds, today announced that AlphaSmart has licensed the Palm OS ® platform. The agreement enables AlphaSmart to use the Palm OS technology to expand its product offerings to new segments within the education market.

The flagship AlphaSmart 3000 is a low-cost, portable technology solution used in thousands of classrooms in the United States and by millions of students throughout the world. A highly useful writing, keyboarding and test-taking tool, the AlphaSmart 3000 addresses a broad range of needs in K-12 education. It is offered at a fraction of the price of a full-featured computer, so an entire class can be economically outfitted with AlphaSmart 3000s, enabling students to learn and advance at their own pace.

Licensing its OS to market leaders like AlphaSmart is a good move for struggling Palm.
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