Palm unveils m500 and m505 handhelds

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Santa Clara, Calif.--Palm Inc. on Monday announced the m500, a monochrome handheld that will be available in April for an estimated retail price of $399, and the m505 color handheld, which will be available in May for an estimated price of $499. Features include a Secure Digital and MultiMediaCard expansion slot, a new universal connector for hardware add-on modules and Internet connectivity software. IBM Corp. said it intends to announce and ship new versions of its WorkPad, based on the m500 series, in the second quarter. Palm is an original equipment manufacturer for IBM WorkPads.
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