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MENLO PARK, Calif. -- Oct. 9,
2001 -- Be Incorporated (NASDAQ:BEOS), announced today that
Palm Inc.'s Registration Statement on Form S-4, containing the
prospectus/proxy statement relating to the sale of substantially
all of Be's intellectual property and other technology assets
to ECA Subsidiary Acquisition Company, a wholly owned subsidiary
of Palm, Inc. and the subsequent proposed dissolution of Be,
has been declared effective by the Securities and Exchange Commission.
It is expected the prospectus/proxy
statement will be mailed on or about October 10, 2001 to Be
stockholders of record on October 4, 2001. Upon receipt, the
stockholders of Be Incorporated are urged to read the prospectus/proxy
statement and any other relevant documents filed with the Securities
and Exchange Commission (''SEC'') because they contain important
information. As indicated in the prospectus/proxy statement,
the Be special stockholders meeting is scheduled for November
12, 2001.
Be stockholders may obtain the
documents free of charge at the SEC's web site, http://www.sec.gov/. In addition, documents
filed by Be Incorporated with the SEC can be obtained by contacting
Be Incorporated at the following address and telephone number:
Shareholder Relations, 800 El Camino Real, Menlo Park, California
94025, telephone: (650)-462-4100.
Please read the prospectus/proxy
statement carefully before making a decision concerning the
sale of Be assets to ECA Subsidiary Acquisition Company, a wholly
owned subsidiary of Palm, Inc., and the dissolution of Be. Be,
its officers, directors, employees and agents may be soliciting
proxies from Be stockholders in connection with the asset sale.
Information concerning the participants in the solicitation
is set forth in the prospectus/proxy statement.
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