PDActions

Palm Names Michael R. Farese and Rena Lane as Senior Vice Presidents SUNNYVALE, Calif.--(BUSINESS WIRE)--Sept. 15, 2005--Palm, Inc. (Nasdaq:PALM) today announced the appointments of Michael R. "Mike" Farese, senior vice president, engineering, and Rena Lane, senior vice president, human resources. Farese and Lane report to Ed Colligan, Palm president and chief executive officer. "Mike and Rena are great additions to our executive team," said Colligan. "We're delighted to have someone like Mike on board with so much depth and breadth in the mobile handset space. His understanding of technology ranges from the component level all the way up to the developing 3G networks. And Rena brings a wealth of HR experience in high-growth companies, plus familiarity with building winning cultures in small to global companies." Farese is responsible for all engineering programs associated with new product development. He brings to Palm more than 20 years' experience in the development of wireless telecommunication products at such leading handset companies as Ericsson, Motorola and Nokia, and including work on some of the first GSM world phones and TDMA digital smartphones in the industry. Prior to joining Palm, Farese was president and chief executive officer of WJ Communications, a leading provider of semiconductors for the wireless industry. He also served as president and chief executive officer for Tropian Inc., a provider of ASICs (application-specific integrated circuits) for GSM cellular networks and for 3-G UMTS/W-CDMA cellular networks. Farese also has held management positions at ITT Corp. and AT&T Corp., and engineering positions at Bell Laboratories. Farese received a bachelor's degree in electrical engineering from Rensselaer Polytechnic Institute, a master's degree in electrical engineering from Princeton University, and a doctorate in electrical engineering from Rensselaer Polytechnic. He also is a member of the board of directors of Communications Intelligence Corp. and Newfound Communications Inc. Lane is responsible for worldwide human resources and brings more than 15 years' experience providing progressive human-resources leadership to companies during all stages of development and global organizational growth. She joined Palm from WebEx Communications, Inc., where she was vice president of human resources. Previously, Lane was vice president of human resources at MIPS Technologies, Inc. at the time of its spin-out and IPO, and she was one of the original HR leaders at SGI during the period of rapid growth when it reached $1 billion in revenue. She also held roles with Exxon Corp.'s high-technology mergers and acquisitions team. Lane received a bachelor's degree in economics from the State University of New York at Geneseo and a master's degree in industrial and labor relations from Cornell University.