"This sleek, stylish device is the perfect handheld to take into the boardroom or the classroom," said Ken Wirt, senior vice president of worldwide marketing for palmOne. "With the versatile Tungsten E2, customers get more of what they want -- Bluetooth, and a brighter, richer color screen that brings calendar, contacts, documents, photos and videos to life. Plus, flash memory to keep important information safe, even when you forget to charge the device."

The palmOne Tungsten E2 handheld will ship for $249 and is immediately available. The company's Zire 31 handheld also received a price cut of $20, to $129. More product details and specifications at palmOne Tungsten E2.