The Treo 750 combines a multifeatured mobile phone with email, messaging, web browsing and organization software all in a compact design. The new smartphone has UMTS/HSDPA (High-speed Download Packet Access) capability and comes with Microsoft’s Direct Push Technology for Windows Mobile 5.0, which gives users connected to a Microsoft Exchange Server fast, automatic and secure wireless updates of their email, calendar items, contacts and tasks.(2) Also, customers that purchase the Treo 750 today can later upgrade to Windows Mobile 6.

For customers who prefer to have Microsoft’s Windows operating system applied across all their corporate computing assets, the Treo 750 gives users a convenient way to access their business-critical data and Microsoft Word, Excel and PowerPoint documents at broadbandlike download speeds to make just about anyplace a work place.

More information on the Palm Treo 750 smartphone is available at http://www.palm.com/Treo750.

About movistar Peru

Movistar Peru is Telefónica Group’s leading cellular telephone company in the Peruvian market, where it has over 7.3 million customers, according to figures released during the first semester of 2007. In February 2006 the company launched its GSM technology after deploying the network across the country’s 24 departments at record time in the worldwide mobile industry.

About Palm, Inc.

Palm, Inc. is a global leader and innovator of easy-to-use mobile products that simplify people’s lives and help them stay connected on the go. The company offers a range of products -- including Palm® Treo™ and Centro™ smartphones, Palm handhelds, services and accessories -- to meet the needs of consumers, mobile professionals and businesses.

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

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

(1) Designed to be compatible with networks implementing GSM/GPRS/EDGE/UMTS/HSDPA standards, but networks may not be available in all countries or within countries in which it is deployed. Within wireless service coverage area only. Availability and coverage depends upon carrier and the geographic scope of international roaming agreements. Email, messaging and web access requires data services from a mobile service provider at an additional cost.

(2) Requires Exchange Server 2003 with Service Pack 2 or Exchange Server 2007 and access enabled by IT administrator.

Palm, Treo 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