Be Shareholders Approve Asset Sale to Palm

Be, Inc. announced that the stockholders of Be have approved the sale of substantially all of its intellectual property and other technology assets to a subsidiary of Palm, Inc., pursuant to the terms of a previously announced asset purchase agreement between Be and Palm. The stockholders of Be have also approved the proposed dissolution of Be pursuant to the terms of a plan of dissolution. It is anticipated that the transaction with Palm will close within the next two business days. We hope that the sale of Be’s IP to Palm will have a positive outcome regarding the BeOS and the BeUnited effort to license the BeOS source code.

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