SUNNYVALE, Calif., Nov. 14 /PRNewswire-FirstCall/ -- PalmSource, Inc. (Nasdaq: PSRC), provider of Palm OS(R), a leading operating system powering next generation phones and mobile devices, today announced that it is a founding member of the Linux Phone Standards (LiPS) Forum. The LiPS Forum, a consortium of leading companies, has come together to accelerate the adoption of Linux in fixed, mobile and converged devices by standardizing Linux-based services and APIs that most directly influence the development, deployment and interoperability of applications and user-level services. Alongside PalmSource, the founding members include France Telecom/Orange, FSM Labs, Huawei, Jaluna, MontaVista Software, MIZI Research, Open Plug, Arm, Cellon and Esmertec. The primary goal of the LiPS Forum is to establish standards for the growing numbers of companies providing Linux-based technologies for mobile, fixed and converged telephony terminals. With the rapid increase of Linux's popularity in these markets, there is an increasing need for industry standards to avoid fragmentation and ensure interoperability of technologies from different vendors. The LiPS Forum intends to support device manufacturers and operators in bringing to market Linux-based devices at a lower cost, while facilitating the programming and development process for software and semiconductor vendors. Additionally, the LiPS Forum plans to foster communication between the open source community and the telecom industry in order to drive market awareness. Michael Kelley, senior vice president of engineering from PalmSource, commented, "Becoming a part of the LiPS Forum further demonstrates our belief in the potential of Linux and our plans to developing on Linux. We believe that by simplifying the adoption of Linux in fixed, mobile and converged devices, and working to ensure that they match the requirements of operators and consumers, the LiPS Forum will play an important part in making Linux a truly mass market proposition." About the Linux Phone Standards Forum (LiPS) The Linux Phone Standards (LiPS) Forum is a consortium of leading industry players formed to standardize the Linux-based services and Application Programming Interfaces (APIs) that most directly influence the development, deployment and interoperability of applications and user-level services. The success of Linux in phones, as elsewhere, is reliant on standards that ensure interoperability and guard against fragmentation. To date, standardization efforts have focused on the important question of Linux kernel optimization to achieve improved boot time, power management, system footprint and other performance-related factors. But for mass-market telephony terminals, standards that enable key applications and services to be deployed with a high degree of interoperability are at least as important as performance characteristics. LiPS has been created to meet this need that is crucial for modern phones and thus complement current initiatives around Linux standardization. The founding members are ARM, Cellon, Esmertec, France Telecom/Orange, FSM Labs, Huawei, Jaluna, MIZI Research, MontaVista Software, Open-Plug and PalmSource, Inc. About PalmSource PalmSource, Inc., the company behind Palm OS(R), a leading operating system powering smart mobile devices, is a leading developer of software for mobile phones and other mobile devices. Its products include a wide range of software for mobile phones at all price points. More than 39 million mobile phones, handhelds, and other mobile devices run PalmSource software. More than 45 companies worldwide have licenses to PalmSource software, including Fossil, Garmin, GSPDA, Kyocera, Lenovo, Palm, Samsung, Sony, and Symbol Technologies. Palm OS has given rise to a large community of users, enterprises, developers and manufacturers, who together make up the Palm Powered(TM) Economy. More information about PalmSource is available at www.palmsource.com, www.palmsource.co.uk, www.palmsource.fr, www.palmsource.de, www.palmsource.com/es and www.palmsource.com.cn. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements that involve risks and uncertainties, as well as assumptions that if they never materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. Such forward-looking statements include, without limitation, statements regarding the Linux Phone Standards Forum (LiPS Forum) and our plans to develop on Linux. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include, without limitation, the ability of Linux to become the leading operating system for mobile devices; our ability and the ability of LiPS Forum members to successfully advance the use of Linux on mobile devices; our ability to successful building our new applications framework on and to port our Palm OS platform to run on Linux; realization of the anticipated growth in mobile phone sales; and other risks and uncertainties contained in our public announcements, reports to stockholders and other documents filed with and furnished to the Securities and Exchange Commission, including our Annual Report on Form 10-K for the period ended June 3, 2005 and our Quarterly Report on Form 10-Q for the period ended September 2, 2005. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements. NOTE: PalmSource, Inc. PalmSource, Palm OS, and certain other trade names, trademarks and logos are trademarks which may be registered in the United States, France, Germany, Japan, the United Kingdom, and other countries and are either owned by PalmSource, Inc., it's affiliates, or are licensed by PalmSource, Inc., from Palm Trademark Holding, Company LLC. Linux(R) is the registered trademark of Linus Torvalds in the U.S. and other countries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.
SOURCE PalmSource, Inc.