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Handspring and Sprint Offer Aggressive Pricing on PCS Phone By Handspring



MOUNTAIN VIEW, Calif., Feb 24, 2003 /PRNewswire-FirstCall via COMTEX/ -- Handspring, Inc. (Nasdaq: HAND) and Sprint (NYSE: FON, PCS) today announced an aggressive pricing promotion that could save customers up to $100 on the award-winning Treo 300, a combination mobile phone, Palm OS organizer and wireless email device available exclusively on the Enhanced Sprint Nationwide PCS Network, featuring PCS Vision(SM). Customers can take advantage of this aggressive pricing by going to Handspring's web site, www.handspring.com, or by calling 888-565-9393. The promotion will end March 30, 2003.

New and existing Sprint customers will receive an instant $50 rebate off the price of Treo 300 when purchasing it from www.handspring.com making the price $449. In addition, those customers who also sign up for new service from Sprint will receive a $50 credit on their first Sprint phone bill making their total savings $100. A complete set of promotion rules and obligations can be found at www.handspring.com.

"We are seeing tremendous interest in the Treo 300 PCS Phone from individuals and mobile professionals to small, medium and large businesses alike," said Greg Woock, vice president of worldwide sales at Handspring. "The Treo 300 is the most versatile and powerful mobile handheld communications tool available on the market today and we are pleased to offer these incentives for new and existing Sprint customers who can enjoy the wide range of benefits offered through PCS Free and Clear Plans with Vision."

PCS Phone by Handspring Treo 300 is a compact mobile phone and Palm OS organizer that can send and receive email and browse the Web. Built-in thumb keyboards make sending email, messages, and dialing the phone fast and easy. When combined with the Sprint all-CDMA Third Generation (3G) wireless network, Treo 300 greatly enhances wireless data applications like PCS Business Connection(SM) for access to corporate email behind a firewall, as well as Web browsing through Handspring's HTML Blazer browser.

Customers can also take advantage of this limited-time offer by purchasing the Treo 300 at participating Sprint Stores, Sprint business channels, Franklin Covey locations. For more information about the specific terms of the offer at these additional sales locations, please visit www.sprintpcs.com.

About Handspring

Handspring is a leading innovator in personal communications and handheld computing. The company's products include the Treo wireless communicators and Treo 90 organizer, the Visor expandable handheld computers, and client and server software for fast Web access from handheld devices and mobile phones. Today Handspring sells its products and accessories at www.handspring.com and through select Internet, retail and carrier partners in the United States, Europe, Asia, Australia, New Zealand, Canada, the Middle East and Mexico/Latin America.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially due to a number of factors including, among others: future economic conditions; consumer acceptance of and demand for Handspring's Treo communicator products; the availability of Treo communicator products in the US; the degree to which wireless carriers will facilitate the successful introduction of Handspring's wireless products; and the rapid pace of technological change and competitive developments in the handheld computer and wireless communications industries. The matters discussed in this press release also involve risks and uncertainties described in Handspring's most recent Form 10-Q. Handspring assumes no obligation to update the forward-looking information contained in this press release.

NOTE: Handspring, the Handspring logo, Treo, the Treo logo and Visor, are trademarks of Handspring, Inc. and may be registered in certain jurisdictions. All other brand names are trademarks of their respective owners.

CONTACT: Brian Jaquet of Handspring, Inc., [phone], or [e-mail]; or Erin Walsh of Ruder Finn/Switzer, [phone], or [e-mail].

SOURCE Handspring, Inc.
CONTACT: Brian Jaquet of Handspring, Inc., [phone], or
[e-mail], or Erin Walsh of Ruder Finn/Switzer, [phone],
or [e-mail]

URL: http://www.sprintpcs.com
http://www.handspring.com
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