Popular Application Gives Mobile Users Access to Location-Based Information

NEW YORK, May 7, 2001 - Vindigo, the market leading developer of personal navigation applications for mobile devices, today announced that beginning this summer its flagship consumer application will be shipped with all Palm(TM) m100 series and m500 series handheld computers. Vindigo is currently available as a free download for Palm Powered™ handhelds at the Vindigo Web site (www.vindigo.com) and will be available in-box in stores across the U.S. and the U.K..

Vindigo's proprietary technology platform enables leading content publishers including New York Times Digital, Tribune Interactive, Cox Interactive Media, Washingtonpost - Newsweek Interactive, and Zagat Survey to deliver their location-based information to mobile device users. The Vindigo application that will be shipped with Palm handhelds will allow users to receive original content and in-depth information about things to do and places to go in a city. With more than 450,000 registered users in 20 major cities, Vindigo is one of the most popular applications for Palm Powered handhelds. Palm, Inc.'s inclusion of Vindigo with its newest products will make it even easier for consumers to get Vindigo and begin taking advantage of its powerful functionality.

"Vindigo is already the most popular platform for publishing location-based information to Palm handhelds," said Jason Devitt, chief executive officer for Vindigo. "Our agreement with Palm to bundle Vindigo with its new m100 and m500 series computers confirms the value that our application brings to the Palm platform, and enables us to deliver a much larger audience to our publishing partners."

About Vindigo

Vindigo is the market leading developer of personal navigation applications for delivering location-based content and services to mobile computers. Vindigo's proprietary platform enables its partners to publish compelling and comprehensive location-based applications to consumers, customers, or employees, using Palm PoweredTM handheld computers or Internet-ready mobile phones. The Vindigo applications allow people to explore, enjoy, and connect to the world around them.

Vindigo is a privately held company backed by General Atlantic Partners LLC, Flatiron Partners, Carlin Ventures and select private investors. The company's headquarters is located at 259 West 30th Street, 4th Floor, New York, NY 10001. For information, contact Vindigo at (212) 590-6900 or via the Web at www.vindigo.com.

Palm and Palm Powered are trademarks of Palm, Inc. or its subsidiaries.

Contact:
Celine Hakoun
A&R Partners
650-762-2851
chakoun@arpartners.com