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HANDSPRING AND SPRINT DEVELOPING CDMA VERSION OF TREO
COMMUNICATOR
Companies enter joint branding, marketing and distribution agreement
for new Treo that will operate on Sprint's Third Generation Network
in the U.S.
Handspring (Nasdaq: HAND) and Sprint (NYSE: FON, PCS) today announced
an agreement to work together on a new CDMA version of the Handspring
Treo communicator that will operate on Sprint's Third Generation Network,
which is expected to launch nationwide mid-2002. The product will
be co-branded and jointly marketed by Sprint and Handspring. The companies
plan to sell the product initially through Sprint's wireless distribution
channels and on Handspring.com beginning this summer.
Sprint, which operates the largest all-digital, all-PCS nationwide
network and is the fastest growing wireless carrier in the U.S., and
Handspring, an innovative leader in personal communicators and handheld
computers, will work closely together to create national marketing
campaigns, distribution and channel programs, and customer service
and support plans. The joint efforts will be designed to educate customers
about the distinct features and functionality of the new Palm OS-based
integrated product and 3G capabilities of Sprint's network to create
the best possible customer experience.
Handspring Chief Operating Officer Ed Colligan said, "This agreement
with Sprint is a hallmark for Handspring as we establish momentum
with our Treo communicators. Sprint's expertise in developing and
deploying state-of-the-art network technologies is a strong match
for our innovative approach to communications products. We have a
shared vision of what communicators should do for people, and a shared
commitment to making rapid progress in the category."
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