Treo Central has been buzzing about the upcoming Foleo. It appears as though a press release was released a little early. From it:

Palm Advances Mobile Computing with Its First Mobile Companion Product
from Palm by Palm, Inc.
Core News
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Palm, Inc. today announced the Palm Foleo, world’s first smartphone companion product.
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Foleo has a large screen and full size keyboard to view and edit email and office documents. Edits made on Foleo automatically are reflected on its paired smartphone and vice versa.
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Foleo and its paired smartphone stay synchronized throughout the day or at the touch of a button.
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Foleo turns on and off instantly, features fast navigation, a compact and elegant design, and a battery that lasts up to five hours of use.
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U.S. availability for Foleo begins this summer with pricing expected to be $499 after an introductory $100 rebate.
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Built on an open Linux-based platform,Palm hopes to replicate earlier success with developers by drawing a large community to create new applications that will extend the mobile companion’s capabilities. Already, Palm has partnered with DataViz and Opera Software, demonstrating ease with which applications can be ported to the Palm Foleo.
Quotes Attributable to Jeff Hawkins, founder of Palm, Inc. and the visionary behind the Foleo’s concept and definition
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"Foleo is the most exciting product I have ever worked on. Smartphones will be the most prevalent personal computers on the planet, ultimately able to do everything that desktop computers can do. However, there are times when people need a large screen and full-size keyboard. As smartphones get smaller, this need increases. The Foleo completes the picture creating a mobile-computing system that sets a new standard in simplicity."
Quotes Attributable to Ed Colligan, president and chief executive officer of Palm Inc.
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“As we did with the PalmPilot more than a decade ago, and more recently with the Treo smartphone, Palm is driving innovation and capitalizing on emerging opportunities in mobile computing, a market full of potential. The Palm Foleo represents our first product in a new line of solutions that will redefine how people work while away from their desks. It starts today with a focus on wireless email, and we expect the Foleo to grow in features and expand its capabilities as the platform grows.”
Multimedia

Foleo Head On

Foleo Open

Foleo and Treo

Falcon B-roll

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