How does the announcement that Palm and Verifone partnered to use Infra-Red (IrFM) technology in new POS devices to enable Palm Pilots to act as wallets affect you?
Its a great announcement for us. As you know, timing to market is critical for a business like this to succeed. When announcements like this create interest and demand in the market for electronic wallets it is good for us. And the fact that Palm and HP (parent of Verifone) paid for this education is excellent. But as described below our competitive advantage positions us well to benefit from their efforts.
