Palm CTO Scheduled to Present at IP Conference

Palm, Inc. will be featured as a special presenter at MDB Capital Group's Bright Lights Conference on May 11, 2010 at the Palace Hotel in San Francisco. Bright Lights will feature more than 40 of the "Best and Brightest" IP leaders identified by MDB's PatentVest IP intelligence platform as possessing technology leadership and potentially disruptive innovation. Palm's Software CTO, Mitch Allen, will share his insights on Palm's IP leadership and path of innovation where he has worked for the past decade. Mr. Allen has led the development of Palm webOS from conception to implementation.

Pete Conley, Managing Director of MDB Capital, will also present his analysis of Palm's IP portfolio and the value of its technology pipeline, using MDB Capital's proprietary PatentVest IP intelligence platform. "Palm's IP is ranked in the 99.5th percentile of over 4,000 companies rated by PatentVest," said Mr. Conley. "Based on PatentVest's comparative valuation analysis, we believe the value of Palm's IP alone is worth between $8 -$9 per share."

The Bright Lights Conference will showcase the untold IP stories of over 40 public companies ranking in the 90th percentile for technology leadership from over 1,600 small cap companies with U.S. patents granted, as rated by PatentVest.

"MDB's goal is to advance the capital market's understanding of the hidden value of intellectual property assets and future technology leadership," said Christopher Marlett, Chairman and CEO of MDB Capital Group. "We are proud to have Palm, Inc. as our "Special Presenter". Palm and the rest of our presenting companies represent IP leadership and the prospect of enterprise growth and value to current and prospective investors."

The Bright Lights Conference will be held on May 11-12, 2010 at the Palace Hotel in San Francisco. Company presentations and one-on-one investors meetings will take place at this invitation-only event. MDB will also provide insightful IP analysis and objective data regarding the "Best and Brightest" companies presenting. For more information about the conference and the list of presenting companies, visit http://mdb.com/bright-lights-conference.html.

Source: MDB Press Release.

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As usual, the timing!

mikecane @ 4/12/2010 5:58:02 PM # Q
I love how things kinda sorta you know oh ... *conspire* so that all the ducks get in a row, the stars are aligned, and everyone walks away with a fat wallet.

Damn, maybe this is why Asus has stayed out of this thing.

RE: As usual, the timing!
jca666us @ 4/13/2010 4:35:41 AM # Q
If Palm's IP is anything, why hasn't Palm sued those infringing upon it?

The bigger concern is that if they're just doing this to pump up the stock, then a buyer will only be interested in the patents, pieces of webos, and shitcan everything else.

Reply to this comment

A company is WORTH only what a buyer will pay

Fake Jeff Hawkins @ 4/13/2010 2:41:02 AM # Q
No buyers = no value = dead Palm.

But PalmSource's sale to an incredibly gullible company shows us that P.T. Barnum was right.. It will be interesting to see how greedy Elevation Partners gets over the next few weeks. Palm's "Best Before" date will soon expire.

RE: A company is WORTH only what a buyer will pay
SeldomVisitor @ 4/13/2010 3:57:48 AM # Q
The original Bloomberg story had, at the bottom, a slew of videos of interviews with "analysts". To a one they all said the value of Palm was below the current stock price.

RE: A company is WORTH only what a buyer will pay
SeldomVisitor @ 4/13/2010 4:03:47 AM # Q
RE: A company is WORTH only what a buyer will pay
e_tellurian @ 4/13/2010 8:32:46 AM # Q
Clearly people are working very thoughtful and hard to keep Palm an independent North American company. A desirable company such as Palm has added value by having the ability to draw from their strong brand. The brand is worth something too. Does the price of Palm gets cheaper as a consequence of people helping to devalue the brand? Will a totalitarians capitalist dictatorship end up owning one of North Americas premiere brands below its true value as a consequence of more people have the the ability by shear numbers to make Palm seem as valueless as possible?

If you can't afford Palm then build ones own product to compete with Palm like everyone else has done. Why put Palm in a position to have to sell itself especially below its true value?

Palm is a North American brand that was build by many thoughtful democratically thinking individuals. To lose Palm to a totalitarian capitalist dictatorship would be a slap in the face to some. Not to mention we could lose employment again.

Palm has weathered many storms.

E-T
e-tellurian

Completing the e-com circle with a people driven we-com solution
WiFi & BT? No strings attached
we_tellurian@canada.com

RE: A company is WORTH only what a buyer will pay
SeldomVisitor @ 4/13/2010 10:12:31 AM # Q
> ...Clearly people are working very thoughtful and hard to keep Palm an
> independent North American company...

Perhaps you didn't read the "news" about Palm trying to sell themselves to Huawei and failing.

In February.

==============

BTW - why in the WORLD do you label Palm "an American company"?

They manufacture devices overseas and they outsource (or perhaps did) software overseas (Ireland and East Europe?).


RE: A company is WORTH only what a buyer will pay
hkklife @ 4/13/2010 12:02:29 PM # Q
SV;

Nay, not just software---hardware too!

Remember the much-publicized European smartphone R&D center they opened in Dublin in late '05? That was right when Palm was beginning to seriously trumpet themselves as a "phone" company and not as a mere "handheld" company:

http://investor.palm.com/releasedetail.cfm?ReleaseID=342029

AFAIK the only tangible fruits that ever emanated from that center in Ireland were the Treo 500/500v and its canned successor. There was POSSIBLY some "stuff" done there for the the Treo 750v but it was pretty much a conventional Palm release that just happened to debut first in Europe.
Pilot 1000->Pilot 5000->PalmPilot Pro->IIIe->Vx->m505->T|T->T|T2->T|C->T|T3->T|T5->Zodiac 2->TX->Verizon Treo 700P->Verizon Treo 755p->Verizon Moto Droid + Verizon Palm Centro

RE: A company is WORTH only what a buyer will pay
CFreymarc @ 4/13/2010 2:18:37 PM # Q
Exactly. My take is that Palm is going to go for pennies for the dollar, the patents folded into a portfolio, a handful of technical elite will keep with the buyer while the other ones are given pink slips.
RE: A company is WORTH only what a buyer will pay
e_tellurian @ 4/13/2010 5:16:29 PM # Q
Is Palm headquartered in the USA? Is Palm registered in North America? If purchased would the head office move outside of North America? The people that work with Palm understand North American democracy. Europe helped discover and build North America they were the first to invest in North American innovation and many contributed their thoughts. It is this content that is now undervalued and for sale.

If you asked people where Palm is located, most would say in North America and specifically in the USA.

Palm seems to be caught in the middle of the change. i would think moving Palm production from Ireland and Eastern Europe to China did not make too many friends. Those lost friends must be regained and this can be done with a Palm Classic. A Palm Classic would be made of metal perhaps even titanium.

Having everything manufactured in one place creates a dictatorship and compromises innovation. Why not build in North America, Europe and China? i know "we can't afford it" yes you can. Many have been lead to believe that all people want are inexpensive goods. Well the fact is some will pay for quality.

Why not build a Palm Classic in the markets in which they are sold? That way people that want inexpensive can have inexpensive and those that do not mind paying for quality can have their wishes too. Its a win win because it looks after all the customers. Palm is a global company which is why some got exited when i said they are an American company. They are an American enterprise that used to think globally and ran their business like it was a global enterprise that has to come back and it can with building a Palm Classic.

Just some more thoughts to kick around.

E-T
e-tellurian

Completing the e-com circle with a people driven we-com solution
WiFi & BT? No strings attached
we_tellurian@canada.com

RE: A company is WORTH only what a buyer will pay
gmayhak @ 4/13/2010 6:25:45 PM # Q
E-T.. A Palm Classic would have been cool about 5 years ago, there is only a tiny market for such a device now, even in 14k gold. Palm took the wrong road and there is no turning back. If you are truly interested in supporting American Innovation it's time to jump ship. Apple is running the show now and hell will freeze over before anyone catches up. They are producing the exact products that most of us begged Palm to build and they keep getting better. As far as Palm goes, loyalty is lost on a company that has no loyalty to its supporters, new people start running the show and thought they knew what 'Palm' was all about but they didn't have a clue!

Gary
Tech Center Labs

RE: A company is WORTH only what a buyer will pay
2klbs @ 4/13/2010 6:50:50 PM # M Q
Hi Gary,

A bit off topic, but perhaps pertinent-

With Jobs' decree about native compiling, do you think most developers will go back and rewrite apps or perhaps have more incentive to port to Android (or WebOS in some future iteration if picked up)?

RE: A company is WORTH only what a buyer will pay
gmayhak @ 4/13/2010 7:03:35 PM # Q
Hi 2klbs,

I personally think he made the right decision and it will keep Apple at the top of the heap. Speaking for myself, Apples sdk is worlds beyond porting Flash apps and will keep Apple in the lead with quality apps. Here's someone else's take on Job's decree...

http://www.pcworld.com/article/194011/apple_against_the_world.html?tk=rss_news

Gary


Tech Center Labs

RE: A company is WORTH only what a buyer will pay
2klbs @ 4/13/2010 7:12:37 PM # M Q
Hi Gary,

A bit off topic, but perhaps pertinent-

With Jobs' decree about native compiling, do you think most developers will go back and rewrite apps or perhaps have more incentive to port to Android (or WebOS in some future iteration if picked up)?

RE: A company is WORTH only what a buyer will pay
gmayhak @ 4/13/2010 7:29:29 PM # Q
Hi 2klbs,

if you're asking for a more direct answer... no.
Some might, but many appreciate the hundreds of new api's we get in each new revision of the sdk.

Gary
Tech Center Labs

RE: A company is WORTH only what a buyer will pay
gmayhak @ 4/13/2010 7:37:50 PM # Q
or maybe , yes..
But I don't think iPhone developers need to re-write apps because before the adobe flash thing there was only the iPhone sdk. & I don't know if the flash thing was ever released to developers.

Gary
Tech Center Labs

RE: A company is WORTH only what a buyer will pay
2klbs @ 4/13/2010 8:32:13 PM # Q
heh,

Thanks for thoughtfully indulging my ham-fisted/fat thumbed re-post palsy from my damn BB. One can only imagine the depths from which I would post from my wife's Touch.
Not "Pre-verted"- Android Assimilation?

RE: A company is WORTH only what a buyer will pay
e_tellurian @ 4/13/2010 8:33:16 PM # Q
gmayhak, 14k or 10k gold could be a choice but the inside must work well and offer what people expect from a Palm Classic, the best of Palm past, present and future. Perhaps a jewel like this would offer a removable hard drive and upgradeable screen. Such an offering would be worth quite a bit and your right would have a smaller market though a small market of the entire globe could be enough to pay for such an endeavor.

The possibilities are only limited by ones imagination and will to go where no others have gone before.

What would one call such a choice a Jewel or a Palm Classic?

We can not change the past only learn. It is truly sad so many people were offended by Palms changes. In hind sight things could have been done in a more inclusive environment so Palm did not lose so much developer support. It appears that the developers went where Palm seemed to want to go to be like others instead of an individual. Let's hope that it is not too late to learn from the past while enhancing the present and future.

Thanks for your candid thoughts.

E-T
e-tellurian

Completing the e-com circle with a people driven we-com solution
WiFi & BT? No strings attached
we_tellurian@canada.com

RE: A company is WORTH only what a buyer will pay
e_tellurian @ 4/14/2010 9:57:55 AM # Q
Well rather than having to choose between building a Jewel or a Palm Classic why not build both. The Palm jewel made from gold, Stirling silver and platinum and the Palm Classic made from titanium. That would bring the worth of the company up.

True with good inner workings could make Palm the premium brand. This would enhance the worth of Palm's stock too. A premium product would be a premium stock and thus require a premium price and the freedom to stay a North American pioneer.

Any thoughts? If the goal is not to be a North American pioneer please let me know so i can get back to building a we-com virtual wallet.

E-T
e-tellurian

Completing the e-com circle with a people driven we-com solution
WiFi & BT? No strings attached
we_tellurian@canada.com

RE: A company is WORTH only what a buyer will pay
hkklife @ 4/14/2010 10:33:11 AM # Q
Nokia has been doing such a thing for years with their Vertu premium line. They are upgradeable from ther factory and sold through fine jewelery stores and watch dealers, not conventional electronics stores or wireless outlets.

I don't think they have had much of a dent in the marketplace but are amazingly still in production, despite very underwhelming technical specificiations. Surprisingly, I have seen a FEW of these live in person over the years.

http://www.vertu.com/in-en/

Recent news on a new model:
http://www.gsmarena.com/unannounced_vertu_ascent_x_revs_up_to_5_megapixels_32gb_storage-news-1568.php

I think Palm's best shot would be to improve their quality via traditional manufacturing means, methods, and materials. I think the Motorola Droid, the iPhone (all versions) and the newer HTC models such as the HD2 would make for a nice quality benchmark for Palm to emulate.
Pilot 1000->Pilot 5000->PalmPilot Pro->IIIe->Vx->m505->T|T->T|T2->T|C->T|T3->T|T5->Zodiac 2->TX->Verizon Treo 700P->Verizon Treo 755p->Verizon Moto Droid + Verizon Palm Centro

RE: A company is WORTH only what a buyer will pay
e_tellurian @ 4/14/2010 11:34:18 AM # Q
Why emulate anyone?

Palm is an independent brand that has a history of working with people from all over the globe. It is good to incorporate the best practices of the market. If going premium requires working with companies that are already in the market then adding more content to this segment can only enhance the value of those already working in the premium markets.

Nokia is a very strong and competent brand with a tremendous amount of history in the mobile phone market. Palm built its company on interactive PDA then branched into the mobile phone industry. Enhancing PDA has not been done. The PDAs seem to have been abandoned rather than moved forward to new emerging purposes. Some people may choose a PDA and a phone and choose them not to be all in one. Or the PDA could emerge into something completely different in the future. The PDA talent pool still exists and needs more to do too. Perhaps a Jewel and Palm Classic is a PDA that interacts with a phone, though is not a phone. Battery life could be extended for the PDA and phone by having separate devices that are not all in one. Perhaps they can share a battery so when one is low it can use the power from the other via tether wireless for short distance power transfer?

It would be worth knowing how many people would choose premium Palm PDA functionality device. This way Palm could continue to create both a phone and a PDA. Separate operating group that work together that can expand and change independently of the phone.

Just some thoughts to kick around.

E-T


e-tellurian

Completing the e-com circle with a people driven we-com solution
WiFi & BT? No strings attached
we_tellurian@canada.com

RE: A company is WORTH only what a buyer will pay
hkklife @ 4/14/2010 12:37:01 PM # Q
The closest we have to "premium PDA functionality" would be a 64GB iPad w/ 3G connectivity.

For something more pocket-sized, you're looking at something like an iPod Touch, a Nokia N-series tablet, or maybe one of the smaller Archos Android tablets. Otherwise, you've basically got oddball leftovers like a Palm TX, an HP IPaq 210, or the (hopefully) upcoming Aceeca PDA32 (which actually lags the nearly 5 year old Palm TX in some key specs).

I really think that there's not much of a market remaining for non-converged standalone PDAs. And whatever there is, it's more than satisfied by the iPod Touch juggernaut.

Well, there's always the Creative Zii. Premium materials & North American ownership aside, It probably comes closest to what you are envisioning:
http://www.zii.com/Developer/Landing.aspx

All that said, Palm could definitely have milked the conventional PDA for a bit longer in '04-'07 until smartphone technology evolved past SSS (small square screens) and feeble processors & chipsets.
Pilot 1000->Pilot 5000->PalmPilot Pro->IIIe->Vx->m505->T|T->T|T2->T|C->T|T3->T|T5->Zodiac 2->TX->Verizon Treo 700P->Verizon Treo 755p->Verizon Moto Droid + Verizon Palm Centro

RE: A company is WORTH only what a buyer will pay
BaalthazaaR @ 4/14/2010 12:52:12 PM # Q
hkklife wrote:
Well, there's always the Creative Zii. Premium materials & North American ownership aside, It probably comes closest to what you are envisioning:
http://www.zii.com/Developer/Landing.aspx

The only Zii devices out there are developer models from ZiiLabs a wholly owned subsidiary of Creative. To call it the Creative Zii suggests that Creative has released a device on their own platform, which they have not. Rather surprising considering that it has been around for a couple of years.

RE: A company is WORTH only what a buyer will pay
e_tellurian @ 4/14/2010 1:26:46 PM # Q
PDAs could evolve into another interactive purpose. They may evolve into something completely different though still interact with a phone though independent.

Remember the Jetson in 2062 they still had analog currency. In 2010 we have digital currency. The only thing missing is the visual. Some people want to see their thoughtful and hard earned money. We could start working on that in 2011. Such choices could be completed well ahead of 2062 before my 97th birthday.

Premium PDAs could be a very exciting place to be again. Jewel and a Palm Classic could take the next step in PDA interactive financial evolution.

Just some thoughts to kick around.

E-T


e-tellurian

Completing the e-com circle with a people driven we-com solution
WiFi & BT? No strings attached
we_tellurian@canada.com

RE: A company is WORTH only what a buyer will pay
Fake Jeff Hawkins @ 4/15/2010 5:27:33 AM # Q
"The closest we have to "premium PDA functionality" would be a 64GB iPad w/ 3G connectivity.

For something more pocket-sized, you're looking at something like an iPod Touch, a Nokia N-series tablet, or maybe one of the smaller Archos Android tablets. Otherwise, you've basically got oddball leftovers like a Palm TX, an HP IPaq 210, or the (hopefully) upcoming Aceeca PDA32 (which actually lags the nearly 5 year old Palm TX in some key specs).

I really think that there's not much of a market remaining for non-converged standalone PDAs. And whatever there is, it's more than satisfied by the iPod Touch juggernaut."


webOS + cell phone radio + Wi-Fi + Bluetooth + USB + 4 inch screen + GPS chip + CLIE UX50 form factor + Skype + WiMAX/4G = the new paradigm.

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